The Lusso Collection portfolio of multi-million dollar residences in the world’s most desirable vacation spots (such as Cabo San Lucas, Aspen, Miami, Hawaii and the Bahamas) has acquired its first European property, a $5 million villa in Tuscany - its first European estate.

Located on the outskirts of picturesque Cortona, La Ripa (picture above) is a 500-year-old, 4,000-sq.-ft. fully-restored stone farmhouse with five bedroom suites, stone fireplaces, terracotta floors and brick archways , enhanced by luxurious modern amenities : the estate’s 27 landscaped acres include a privately situated swimming pool, lush gardens and olive and cypress groves.

The ancient city of Cortona is nearby and Florence and Sienna are about 50 miles away. Cortona has a large number of restaurants, festivals and regular open air markets where you can become a true local.