Karma Group Acquires Historic Borgo do Colleoli Estate in Tuscany, Italy

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Indonesia, Bali, Indonesia. May 24, 2018

Karma Group has announced the acquisition of Borgo di Colleoli,
a historical estate in Tuscany, Italy. The sprawling estate is nestled
in the stunning Tuscan hills, representing the latest in Karma's stable
of spectacular European estates alongside Le Preverger on the French
Riviera, Pelikanos on the Greek island of Mykonos and the soon to open
Chateau de Samary in Carcassonne, France.

Over the years, the original medieval castle evolved to become an
aristocratic villa and estate. During the 17th and 18th centuries much
renovation work was carried out to the frescoes and delicate mouldings,
transforming the Borgo into an elegant country retreat. Today the estate
encompasses the main villa and the surrounding farm buildings,
including a hayloft, a workshop and an administrative building. The
Borgo was restored in 2003 under the guidance of the Italian Fine Arts
Commission to transform it into a unique holiday destination, with the
50 well-appointed guest apartments situated in the former farm
buildings. No two rooms are completely alike, but all are redolent with
Tuscan flair, which is so very much part of the charm of the Borgo. The
palatial main villa houses 12 beautiful and spacious suites. The Borgo
di Colleoli is the perfect venue for tasting the excellent local wine,
in the very good wine bar, which also serves breakfast, snacks and
aperitifs throughout the day, whilst the estate's restaurant is the
ideal place to enjoy traditional Tuscan recipes. Guests can strike out
and explore the beautiful countryside or relax amongst the ancient olive
groves before taking a dip in either of the two panoramic pools.

“I have had an eye on Borgo di Colleoni for quite some time and
am delighted to announce that Karma Group has acquired the estate in the
superb hills of Tuscany, one of my favourite parts of the world” said John Spence, Founder and Chairman of Karma Group. “We
will be open for the summer season as we renovate and refurbish the
property to bring it up to our high standards. The magnificent location
of the estate is close to many attractions and I have no doubt
whatsoever that this will be a hugely popular destination for Karma
guests both old and new, from all around the world.”

The 50-room estate is strategically located just a short distance
from all the best tourist destinations in the area. Guests can easily
visit the romantic and artistic cities of Siena, San Gimignano,
Volterra, Pisa and Florence, explore the beautiful Tuscan hills or play a
memorable round of golf; or perhaps go to the seaside, with the Borgo
di Colleoli Estate being located just a few kilometres from the Etruscan
Coast with its renowned beaches of Forte dei Marmi, Pietrasanta,
Viareggio and Cecina as well as the beautiful and historical towns of
Bolgheri and Castagneto Carducci.