Brangelina Buy Italian Home

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July 23, 2010 | 1:25pm EST

Brad Pitt and Angelina Jolie have splashed out $40 million on a new home in Italy.

The spectacular villa in the hills of Valpolicella is surrounded by a park and includes two swimming pools with waterfalls and jacuzzi tubs, a cinema room and a well-equipped gym.

Property firm owner, Alexander Proto, tells Sky Italy magazine, “They wanted something more exclusive and in record time to spend the summer vacation in Italy.”

The couple and their six children spent several months living in Italy this year  while Jolie filmed scenes for her new movie The Tourist in Venice. They also own homes in New Orleans, Louisiana and Los Angeles.