Mixed-use residential and hospitality
12,000 square meters
(130,000 square feet)
GROSS ASSET VALUE
120 M $
Located in Bordighera, Italy and once known as one of the continent’s most
prestigious and opulent hotels, the Angst’s former patrons include European
Royalty, American Industrialists, and wealthy celebrities. Bizzi & Partners
acquired the abandoned property, along with the site’s two historic structures,
totally 130,000 square feet. The renovation process has begun on the residential
property so that it will once again appeal to the international crowd of sophisticated and affluent clientele.
The development will introduce modern design and amenities while maintaining its historic significance and integrity by preserving many aspects of the hotel, including the extensive botanical gardens that will once again be fully restored to their former grandeur.
Bordighera is just 40 minutes from the Nice International Airport and one hour from the Genova International Airport, making it a convenient residential location or vacation destination for European and international clientele. In addition, the city is in the process of doubling the size of its marina to provide improved access for those arriving by private or commercial ship.
Bordighera enjoys a mild Mediterranean climate with approximately 300 sunny days a year. The local beaches and seafront have received the “Blue Flag” award of excellence and the town is known for its beautiful gardens, including the extensive Pallanca Exotic Garden. Guests of The Angst will enjoy convenient access to internationally acclaimed entertainment destinations, including Monte Carlo and San Remo. Other nearby attractions includes high-profile events such as the Monaco Grand Prix, the Cannes Film Festival, and Genova’s Yacht & Boat Exhibition.