The new date is Jun 30, 2022.
The Roman villa known for being home to Caravaggio's only known ceiling painting failed to sell for the third time at a court-ordered auction Thursday.
The Casino di Villa Boncompagni Ludovisi, better known as Villa Aurora, did not receive any bids at an auction held by the Italian courts.
The online platform would have accepted bids as low as $238.6 million for the villa and surrounding property located just south of Rome.
The current resident of the villa, Texas-born Princess Rita Boncompagni Ludovisi, told Forbes Thursday that she wasn't surprised the villa didn't get any bids because the sale isn't being handled correctly.
The princess said that the sale wasn't properly advertised to potential buyers. She told Forbes last year that it would take a billionaire to buy and restore the historic property.
Rutgers University classics professor T.Corey Brennan compared the auctions of the property to the sale of Monticello on eBay in April.
The princess told Forbes that the next auction would take place in October.
A judge in Italy ordered the sale of the villa last year in order to settle an inheritance dispute between the princess and her three estranged adult stepsons. The princess and Nicol's sons will get half of the proceeds from the sale. The property was purchased 400 years ago by Boncompagni Ludovisi's ancestors. The court valued the villa at $546 million, which would have made it the most expensive home ever sold, with a Caravaggio mural worth $360 million alone. The starting price was slashed every time the property failed to sell.
There were no bids at the Roman Villa with Caravaggio's only ceiling painting.
The Texas-born Italian Princess is selling a $532 million Roman villa with a caravaggio ceiling.
Caravaggio's only ceiling painting fails to sell at auction.
Caravaggio's only known ceiling painting is expected to sell for $546 million.