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'Meant To Be': Princess Beatrice Announces Her Engagement To Edoardo Mapelli Mozzi

The Royal Family has announced Princess Beatrice, the eldest daughter of the Duke and Duchess of York, is set to tie the knot after becoming engaged to property tycoon Edoardo Mapelli Mozzi.

The pair got engaged earlier this month while on a weekend getaway to Italy, the Royal Family said in a statement.

READ MORE: All The Details Of Princess Beatrice's (Apparently) $310,000 Engagement Ring

Princess Beatrice is set to walk down the aisle in 2020, but the Royals haven't released any other details about their wedding yet.

In a statement, the couple said they were "extremely happy" to share the news of their engagement.

"We are both so excited to be embarking on this life adventure together and can’t wait to actually be married," they said.

"We share so many similar interests and values and we know that this will stand us in great stead for the years ahead, full of love and happiness.”

Beatrice's sister, Princess Eugenie who married her long-time partner Jack Brooksbank last year, shared the happy news of her older sister's engagement on Instagram.

"It's been a long time coming and you two are meant to be," Eugenie said, alongside a photo of the happy couple, which Eugenie had taken herself.

Their mother Sarah, Duchess of York also shared a heartfelt message on Instagram saying she was "so proud."

"I know what a mother feels so I have tears of joy," she said.

"Andrew and I are just the luckiest people ever to have two great sons in law."

In a statement on the Duke of York's official Instagram, Prince Andrew said he and Duchess Sarah had watched Beatrice's relationship develop with pride.

"We are the lucky parents of a wonderful daughter who has found her love and companion in a completely devoted friend and loyal young man," they said.

Nikki Williams-Ellis and Alessandro Mapelli Mozzi, the parents of Edoardo, also released a statement saying they had known Beatrice for most of her life.

"Edo and Beatrice are made for each other, and their happiness and love for each other is there for all to see," they said.

"They share an incredibly strong and united bond, their marriage will only strengthen what is already a wonderful relationship."