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Princess Beatrice's husband's family home crumbling

Summary

  • Mapelli Mozzi ancestral home is crumbling and unsellable.
  • Edoardo Mapelli Mozzi's family are a junior branch with no claim.
  • The couple took out a mortgage for their £3.5 million home.
Princess Beatrice's husband's family home crumbling

Contrary to initial reports surrounding Princess Beatrice's marriage to Edoardo Mapelli Mozzi, the family's ancestral home, Villa Mapelli Mozzi, is in a significant state of disrepair. This 18th-century neo-classical building, once opulent, is now crumbling and considered practically unsellable. Its estimated value, even if a buyer were found, is a modest £2.5 million.

Further complicating the narrative of inherited wealth, Edoardo's side of the family is a junior branch of the Mapelli Mozzi line, possessing no legal claim to the ancestral villa. His father, Alessandro Mapelli Mozzi, lives in a small property in the South of France and runs a modest holiday letting business, with the family's old company showing a loss of €19,000.

Edoardo himself, born in London and educated in the UK, is not living the life of an heir to immense fortunes. He and Princess Beatrice purchased their six-bedroom home in the Cotswolds for £3.5 million in June 2021, financed by a mortgage from a private bank, indicating significant financial commitments.

Reports also suggest a potential strain on the couple's relationship, fueled partly by Edoardo's business dealings and the association of his in-laws with Jeffrey Epstein. These concerns have reportedly led to rumors of a rift, although the couple denies any disharmony.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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Property Code: 5571