The Palazzetto inside the Palazzo Albertoni Spinola is both an architectural Masterpiece and a stunning Mansion boasting magnificent views and amenities built by the geniuses of the Italian Renaissance, architects Giacomo Della Porta (1532-1602) and Girolamo Rainaldi (1570-1655). Located in the center of Rome, which was declared World Heritage site by Unesco, the compound is protected by the Italian Government.

The global real estate market has never seen this type of structure ever before. This architectural Masterpiece and stunning Mansion boasts magnificent views and amenities built by the geniuses of the Italian Renaissance, architects Giacomo Della Porta and Girolamo Rainaldi. Nestled in the center of Rome, where the greatest number of historical artistic assets in the world can be found, this compound’s beauty and historical value is unrivaled. In the absence of any precedents, the Palazzetto is in a class of its own. Hilton & Hyland has agreed with the owners to organize a special Auction in order to identify a new owner who lives up to such a residence.

In the absence of any precedents, the Palazzetto is in a class by itself. Its owners have agreed with Hilton & Hyland to organize private negotiations in order to identify a new owner who lives up to such a residence. The auction estimate has been determined by taking into account strictly real estate criteria (see Economics, appraisal Chapters 4, 12, 13, 14) that place it at €35,332,760 (redevelopment plan included), plus a small amount for artistic value, for a total of €38,000,000. However, considering the characteristics of the property from the standpoint of it being a work of art and having other uncommon features (see Historical Notes and Appraisal chapter N.13), it should come as no surprise if the value of such a rare property were to appreciate to the point of doubling or trebling in relation to the value based solely on real estate criteria.

- The auction will be held on October 25th, 2018 at 12 pm WT(3 pm ET) by auctioneer Michael Casacci.
- Bidders have to go on this web address https://auction.propy.com and follow the inner istructions or may download, fill out, print out and sign the Bidder Terms and Conditions and the Bidder Registration Form. These must then be either scanned and emailed to michaelcasacci@gmail.com or rick@hiltonhyland.com or mailed to Hilton and Hyland - 257 N Canon Drive, Beverly Hills, no later than October 23rd, 2018 at 3 pm eastern time (48 hours prior to the auction). Concurrently, a deposit as specified in the Bidder Registration Form must be transferred to the escrow account also specified in the aforesaid document.
- As established in the Appraisal section and Offer Criteria section of this site, the estimated auction price is over €38,000,000 with a redevelopment plan included, or at €36,000,000 without including the redevelopment plan.“However considering the characteristics of the property from the standpoint of it being a work of art and having other uncommon features, it should come as no surprise if the value of such a rare property were to appreciate to the point of doubling or trebling in relation to the value based solely on real estate criteria” Ivan Mammuccari (appraiser)
- Mr. Rick Hilton and Advisors eventually may be contacted for the assitance in the due diligence (see Legal section). The auction will be won by the highest bidder.
- Parties (winning bidder and the owner) will have until November 07th, 2018 to sign the notary deed of sale (provided in the Legal section) with the notary in Rome.