hotel Florence

According to Monitor Immobiliare, the property on Via delle Mantellate in Florence, part of the Ricasoli fund managed by Kryalos Sgr, will soon house The Hoxton’s second Italian location. This development follows the successful launch of The Hoxton Rome in 2021, continuing the expansion of the English “open-house” hotel brand across Italy. Following extensive renovation work, the complex has been transformed into a boutique hotel featuring 161 rooms.

Paolo Bottelli, founder and CEO of Kryalos, stated: “The hotel industry continues to be a strategic asset class, especially in high-profile destinations like Florence, where international tourism drives constant demand for quality accommodations. We are excited to renew our collaboration with The Hoxton, after Rome, to breathe new life into this building, transforming it into a boutique hotel that combines contemporary hospitality with respect for the location’s history. The enhancement of iconic properties, preserving their identity and connection to the urban context, represents a fundamental principle in our investment approach.”

The arrival of The Hoxton in Florence underscores the continued appeal of Tuscany’s capital for international hospitality brands seeking to establish a presence in one of Italy’s most culturally significant and tourist-friendly cities. Located in a historic building on Via delle Mantellate, the hotel is poised to become a landmark destination for travelers seeking authentic yet contemporary accommodations in the heart of the Renaissance city.

Columbus International: Your Gateway to Premium Italian Real Estate

For investors seeking residential and commercial opportunities between the United States and Florence, the real estate agents at Columbus International represent an invaluable resource. Their deep knowledge of both markets positions them as the quintessential asset for international investors looking to navigate the complexities of cross-Atlantic real estate transactions.

Columbus International’s team of experienced professionals offers unparalleled expertise in the Florentine property market, providing investors with access to premium opportunities like The Hoxton project and other high-value developments in this historic city. Their comprehensive understanding of local regulations, market trends, and investment potential ensures that clients receive expert guidance throughout the entire acquisition process.

By bridging the gap between American investment capital and Florence’s prestigious real estate market, Columbus International continues to facilitate meaningful connections that benefit both investors and the local economy.

Key Highlights of Investing in Tuscany

Tuscany represents one of Italy’s most attractive regions for real estate investment, offering a unique combination of historical significance, natural beauty, and economic stability. Here are some key highlights for potential investors:

Strong Tourism Market

Tuscany attracts millions of visitors annually, making it an ideal location for hospitality investments. Cities like Florence, Siena, and Pisa maintain consistent tourism numbers throughout the year, ensuring steady income potential for hotel properties and short-term rentals.

Cultural Heritage Properties

The region offers unique opportunities to invest in historically significant buildings, many with protected status. These properties, like the one chosen by The Hoxton, often combine architectural importance with prime locations, making them excellent candidates for boutique hotels or luxury residential conversions.

Agricultural Estates and Vineyards

Tuscany’s renowned wine regions, including Chianti, Montalcino, and Montepulciano, present lucrative opportunities for agricultural investment. Vineyard estates combine income-generating potential with the prestige of owning iconic Tuscan landscapes.

Stable Property Values

Unlike more volatile markets, Tuscan real estate has demonstrated remarkable stability over time, with properties in prime locations consistently maintaining or increasing their value, even during economic downturns.

Renovation Opportunities

The region offers numerous historical properties ripe for restoration, allowing investors to create unique hospitality or residential spaces while preserving cultural heritage—often with available tax incentives for appropriate restoration work.

Expanding Infrastructure

Recent improvements in transportation networks, including high-speed rail connections and enhanced regional airports, have made Tuscany more accessible than ever, increasing property values in previously under-connected areas.

Columbus International’s agents specialize in identifying these premium investment opportunities throughout Tuscany, leveraging their extensive network and market knowledge to connect American investors with properties that align with their financial goals and personal preferences. Whether clients seek commercial ventures like The Hoxton’s expansion or residential properties in Florence’s historic center, Columbus International provides the expertise necessary to navigate Italy’s complex real estate landscape successfully.

Photo via The Hoxton / Instagram

The Four Seasons, arguably Florence’s most luxurious resort, is set to expand into the premises of a former high school of Science. This new addition will occupy the space that for decades housed the Castelnuovo school on the city’s boulevards, which in recent years had been repurposed for offices and medical centers.

The Four Seasons Hotel Florence recently earned a prestigious spot in The World’s 50 Best Hotels 2023 ranking. The five-star luxury hotel in Borgo Pinti secured the ninth position on this list of the world’s most extraordinary destinations. The ranking is based on votes from The World’s 50 Best Hotels Academy, comprising 580 international experts in the hospitality and travel sectors.

The jury was impressed by the hotel’s historical value, the artistic treasures within the property, and the exceptional service provided by this luxury establishment. Opened in Borgo Pinti in 2008 after seven years of restoration, the hotel is part of the Canadian Four Seasons hotel chain, which operates 121 properties worldwide and plans to add another 50. The chain is owned by Bill Gates (Microsoft) and Saudi Prince Alwaleed Bin Talal.

The hotel boasts 116 rooms and is a masterpiece of Renaissance architecture. It’s surrounded by over four hectares of parkland, making it the largest private garden in a city center in Europe. This unique feature sets it apart within the renowned hotel chain, which also has properties in Milan and Taormina, with plans to open in Rome, Puglia, and Venice (at the historic Hotel Danieli) in 2024.

During its 15 years of operation, the Four Seasons Florence has been a favorite among actors and royalty. Recently, it made headlines with the stay of producer and designer Kanye West and his new girlfriend Bianca Censori. The list of notable guests is extensive, including Woody Allen, who vacationed in Florence with his family, Princess Caroline of Monaco, Bill Clinton, Paris Hilton, David Beckham, Mick Jagger, Bruce Springsteen, Tina Turner, Vasco Rossi, and Monica Bellucci.

Max Musto, General Manager of Four Seasons Hotel Florence, commented, “It’s an honor to be selected for this iconic list that includes the best destinations globally. Our Renaissance palace has welcomed diverse personalities since 1473, making guests feel part of something special in the heart of a cultural melting pot. Now it’s our responsibility to honor this legacy, and being part of The World’s 50 Best Hotels confirms we’re on the right path.”

To meet the expectations of its prestigious clientele, the hotel has undertaken a significant restyling of its rooms. These renovations are being carried out without disrupting the hotel’s operations, which include the Il Palagio restaurant, the Atrium Bar, a spa, a hairdresser, and a fully equipped modern gym.

Photo via Four Seasons Florence