TUI Resorts & Hotels is currently developing the Toscana Resort Castelfalfi. Expected to open in 2018, the project is a $327 million investment and currently the largest of its kind in Europe.
Castelfalfian 800-year old medieval village was purchased by TUI AG in 2007 with the hopes of restoring the town. At the time of purchase, the 2,700 acres of land housed an 11th-century citadel, a castle, small church, and several abandoned farmhouses. Only two inhabitants lived in the village at the time.
After receiving permits and approvals in 2011, TUI spent the last two years restoring historic buildings and reinvesting estate’s 30 acres of vineyards and more than 8,000 olive trees.
“Castelfalfi is a prime area of Tuscany. It has always been known for its breathtaking beauty,” says Stefan Neuhaus, CEO of Tenuta di Castelfalfi S.p.A. “In the face of the recent economic downturn and during a period of financial fragility within the global property market, Tuscany has consistently remained a good investment. The region has always been synonymous with an idyllic life in Italy that many people from all over the world dream of.”

To restore the Castelfalfi estate, TUI hired a team of Italian architects and project managers to lead the first stage of development⎯⎯restoring the medieval village. Completed in summer 2013, it includes 41 luxury apartments and nine shops housed in 300-year-old buildings. The estate is undergoing further development⎯⎯including 18 existing farmhouses currently being sold and custom-renovated to buyer specifications.


Castelfalfi reached a major milestone in March 2013 with the opening of its first hotel, Hotel La Tabaccaia. The property was a former factory that dried tobacco for Tuscan cigars and has been reinvented as a 31-room room boutique hotel. Plans are currently underway to also develop a 120-room property with a spa and rooftop restaurant, slated for completion in 2016.
