It sits prominently at water's edge at the beginning of the Posillipo coast, just west of the Mergellina boat harbor.
The building is on the site of the so-called "Rocks of the Siren" and, indeed, was originally called La Villa Sirena.
It changed hands a number of times and finally was inherited in 1630 by the woman whose name it now bears, Anna Carafa, duchess of Stigliano and wife of Ramiro Núñez de Guzmán, the Spanish Viceroy of Naples.
[2] The grand but decaying baroque building projecting directly into the sea presented an irresistible subject for eighteenth- and nineteenth-century artists.
Part of the building is still a ruin, but most of it is currently used as a residence, including the home gallery of art dealer Lia Rumma and for Napoli football player Dries Mertens.