A portrait by an Italian master that was looted by the Nazis during the Second World War may have resurfaced for the first time in 80 years - after it was apparently spotted in a property listing.

Argentinian police raided the villa in the coastal town of Mar del Plata, which is around 250 miles (410km) south of Buenos Aires, on Tuesday after they were alerted by Dutch journalists.

The 17th-century oil-on-canvas, named Portrait of a Lady, was painted by Baroque artist Giuseppe Vittore Ghislandi.

The artwork had belonged to Dutch Jewish art dealer Jacques Goudstikker before the Nazi takeover of his prominent Amsterdam gallery in May 1940.

Reporters working for the Dutch newspaper Algemeen Dagblad - who have been carrying out a years-long investigation into high-ranking Nazi official Fri

See Full Page