An A-listed Scottish castle that has been abandoned since 1745 is set to undergo restoration after being purchased by Italian computer engineer Angelo Ovidi for an undisclosed sum. The 16th-century Baltersan Castle, located outside Maybole in Ayrshire, has been estimated to require £2 million for renovation.
Ovidi, who is based in North Wales, expressed his excitement at becoming the custodian of Baltersan Castle, highlighting its rich history and potential to generate income through local produce to support the local community. He emphasized the importance of working with Scottish specialists, including stonemasons, to ensure the successful restoration of the property in stages.
Previous owner James Brown, who had owned the castle since 1992 and made efforts to restore it, expressed his satisfaction in finding a new custodian in Ovidi. Brown believes that the building will be saved and restored under Ovidi’s ownership, commending his commitment and exciting plans for the castle.
Ovidi aims to collaborate with local food and drink producers to establish the Baltersan brand and create business opportunities for events at the restored castle. He praised Brown for his dedication to preserving the landmark, acknowledging the significant work done by the former owner that paved the way for future restoration efforts.
Nicholas Howie, an Ayrshire-raised corporate lawyer at Lindsays who advised the sellers, described the sale of Baltersan Castle as a special and challenging process due to its historic significance. He highlighted the ambitious vision for restoration and the potential for a rewarding investment if the castle is successfully revived with the right financial support.
The interest in investing in historic landmarks like Baltersan Castle reflects a broader market trend where individuals from around the world seek to connect with Scottish history through property ownership. The unique appeal of owning a piece of Scottish heritage, whether for personal residence or other purposes, contributes to the attractiveness of such investments in the Scottish market.
Overall, the restoration of Baltersan Castle represents a significant opportunity to revitalize a historic site, support the local community, and create a sustainable business model that leverages the castle’s rich history and potential for hosting events. With Ovidi’s dedication, support from local specialists, and a shared vision for the castle’s future, Baltersan is poised to regain its former glory as a cultural and economic asset in Ayrshire.
