The villa hosts summer courses for the “Enrico Fermi” International School of Physics, and has heard lectures by more than thirty-four Nobel Laureates.
Villa Monastero is an eclectic villa built in the Nordic style. The site was originally a Cistercian convent, founded at the end of the 12th century in Varenna, which now lies beneath the modern building. The convent grew in importance and wealth, purchasing many properties, especially around Lierna, but eventually declined to only six mothers, and was closed by papal bull in 1567.
The whole estate was purchased by Paolo Mornico in 1569, using his fortune amassed through iron mining in Valsassinia. In the 17th century the Mornico family incrementally rebuilt and decorated it in the eclectic style.
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