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Italian palazzo co-ownership

Co-owning a piece of authentic Italy is now within your reach.

Owners will enjoy access to all elegantly designed residences within their designated residence class. This offers both variety and the flexibility to reserve multiple residences at the same time.

 A palace once reserved for Italian nobility.

Imagine yourself in a medieval village, where cobblestone streets lead to charming cafés, and rolling hills are lined with olive groves and vineyards. Now, step inside a palace built for Italian nobility and make it your own.

Palazzo Ricci has a history spanning centuries. From 1799, it was home to the noble Ricci family, a place where they entertained dignitaries, royalty, and some of the most celebrated artists and writers of their time. During World War II, its grand halls served as an officer’s residence for both German and British regional commanders, adding another layer to its rich story.

You have worked hard to achieve success, and now the opportunity to own a piece of Italy’s heritage is within your reach. Palazzo Ricci Private Residence Club offers an exclusive blend of luxury, convenience, and flexibility, allowing you to embrace la dolce vita in a way that is both effortless and extraordinary.

Exclusive Global Exchange Network

Palazzo Ricci is part of the exclusive Elite Alliance, a global exchange network featuring 135 prestigious residence clubs and luxury vacation homes, all professionally managed for an exceptional experience. From Tuscany to Telluride, New York to Napa Valley, Bermuda to Bariloche, these properties are located in some of the world’s most sought-after destinations.

Through this exchange network, Palazzo Ricci ownership extends far beyond Italy, offering seamless access to ski retreats, golf getaways, beach escapes, and more. Whether exploring new destinations or returning to favourite spots, owners enjoy unparalleled flexibility and luxury travel opportunities.

1 Bedroom

This elegant residence within Palazzo Ricci exudes charm and comfort, featuring a private balcony with stunning views of the palace gardens and surrounding mountains. Designed for both style and functionality, it boasts a gourmet kitchen equipped with state-of-the-art appliances, seamlessly integrated into a spacious open-plan living and dining area, perfect for relaxing and entertaining.

1 Bedroom Premier

The Premier One-Bedroom residences at Palazzo Ricci are designed with exceptional features, offering a blend of elegance and comfort. Some include balconies with breathtaking garden and mountain views, while others feature additional study rooms for extra accommodations. Each residence boasts an open-plan living and dining area, with one showcasing two stunning Art Nouveau stained-glass windows. All residences include two bathrooms, gourmet kitchens with state-of-the-art appliances, and sophisticated Italian décor, creating a refined and luxurious living experience.

2 Bedrooms

The Two-Bedroom residences at Palazzo Ricci offer spacious and elegant living, each featuring at least two bathrooms for comfort and convenience. These residences boast a variety of scenic views, from high classical windows and balconies overlooking the gardens and mountains to the vibrant charm of Piazza del Popolo. One residence shares a private garden with the cottage, while another showcases a stunning stained-glass window overlooking the four-story atrium. Every residence is equipped with a high-quality gourmet kitchen, state-of-the-art appliances, and exquisite Italian décor, creating a truly refined and luxurious atmosphere.

3 Bedrooms

These two spacious and elegant residences offer stunning views, either overlooking the gardens and mountains or the charming Piazza del Popolo and village. Designed to accommodate larger families or traveling groups, each residence is filled with unique old-palace details that add character and charm. Both feature distinctive accent walls, high-quality gourmet kitchens, and exquisite Italian décor and artwork, creating a luxurious and inviting atmosphere.

Penthouse

These two spacious and elegant residences offer the pinnacle of luxury and privacy. The penthouse residence features direct elevator access with a private key, while the cottage is the only residence located outside the main palace, positioned adjacent to it. Both include exclusive private terraces, available only to owners of this residence class, offering breathtaking views of the palace gardens, the village of Casoli, and the surrounding mountains. Designed for refined outdoor living, these residences provide secluded and comfortable high-end spaces. Every detail is thoughtfully curated, from gourmet kitchens with top-quality finishes to exquisite Italian décor, creating a truly remarkable living experience.

Cottage

This residence features three bedrooms, each with an en-suite bathroom. It spans two levels and offers a private, separate living space adjacent to the main palace. A secluded terrace ensures privacy. The upstairs includes a study, while the downstairs boasts a TV room with tranquil garden views. The master bedroom on the upper floor includes a walk-out balcony that overlooks the palace garden and offers breath-taking mountain views.

Ownership details

The unparalleled advantages of shared ownership in this exquisitely restored, fully staffed 18th-century palace are enhanced by its breathtaking surroundings. Each of the 14 residences is designed with meticulous attention to detail, featuring the finest finishes, fully equipped gourmet kitchens, and elegantly curated interiors.

The only challenge is selecting your favorite among the five distinctive residence types. Once you do, your Palazzo Ricci ownership experience is completely effortless.

Benefits

Beyond its magnificent surroundings, your shared ownership in this beautifully restored, fully staffed 18th-century palace offers each owner the following exceptional benefits:

✓ 1/9th Ownership in a Luxurious Villa
✓ A Minimum of 5.5 Weeks of Exclusive Use Per Year
✓ Access to a Global Luxury Exchange Network
✓ Premium Exchange Privileges
✓ Ownership at a Fraction of the Cost of a Fully-Owned Vacation Home
✓ Significantly Reduced Annual Maintenance Expenses Compared to Sole Ownership
✓ Ownership That Can Be Passed Down Through Generations
✓ Vacation Exchange Opportunities with Fellow Palace Owners
✓ Potential for Rental Income
✓ Possible Equity Growth and Tax Advantages

Services & Amenities

✓ Authentic Local Dining Experiences
✓ Access to Nearby Services and Attractions
✓ Hands-On Cooking Lessons
✓ Convenient Parking
✓ Local Transportation Options
✓ Luggage Assistance
✓ Luxurious In-Room Amenities
✓ On-Site Leisure and Recreation
✓ 24/7 Personalized Concierge Services
✓ Complimentary WiFi
✓ Professional Housekeeping Services
✓ Food Delivery and Takeout Options
✓ Grocery Delivery
✓ Exclusive Beach Club Memberships

Frequently Asked Questions

A private residence club offering fractional ownership of beautifully furnished one-, two-, and three-bedroom residences within a historic palace in Casoli, Italy. Owners enjoy the comfort of their fully appointed residences while immersing themselves in the rich recreational and cultural experiences of the Abruzzo region. Surrounded by historic architecture, charming restaurants, galleries, and the welcoming community of Casoli, Palazzo Ricci provides an extraordinary setting for an authentic Italian lifestyle. With a dedicated staff ensuring a seamless and worry-free experience, every visit is tailored to offer the highest level of comfort and service.

While “Palazzo” can be translated as “palace,” it more commonly refers to a grand or noble mansion of significant size and historical importance. Built in 1799 for Italian nobility, Palazzo Ricci is a true example of this tradition, earning its designation as a Palazzo due to its architectural grandeur and rich heritage.

Residence clubs offer the advantages of vacation home ownership while providing upscale hotel amenities and services. This type of ownership allows for generous and flexible vacation use, eliminates the hassles of managing a property from afar, and significantly reduces the financial commitment.
 

The property consists of a main building, the palace, spanning 25,000 square feet, along with a detached cottage. It also features a secluded garden covering 10,000 square feet, providing a private and tranquil outdoor space.

Each residence at Palazzo Ricci is co-owned by nine owners, with each owner receiving a one-ninth deeded interest in a fully furnished home.

Yes, multiple individuals can establish a legal entity to manage ownership. Joint owners will need to appoint a Designated Owner responsible for making reservations in accordance with Palazzo Ricci’s reservation policies.

Yes, residence clubs have been successfully established for over 30 years, with the first introduced at the renowned Deer Valley Resort in Park City, Utah. Since then, they have been embraced by affluent buyers in premier destinations worldwide, including Aspen, Vail, Telluride, Steamboat Springs, Palm Springs, Napa Valley, Lake Tahoe, Mammoth Lakes, San Francisco, Scottsdale, Manhattan, Southampton, Bermuda, Los Cabos, Huatulco, Florence, and many other sought-after locations. Steve Dering, the founder of the global residence club concept, is a key member of the Palazzo Ricci management team.

Owners have the flexibility to enjoy their Palazzo Ricci home for a minimum of 5.5 weeks per year, with the ability to book Planned Vacations in advance and take advantage of additional stays on a space-available basis. Each year, owners may reserve 21 days of Planned Vacations before the Vacation Year begins, leaving plenty of opportunity for additional visits. There is no fixed limit on usage—if some owners use their residence less frequently, others may have the chance to enjoy more time at Palazzo Ricci.

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