Lake Como at the top of real estate transactions

Lake Como at the top of real estate transactions

The Financial Times, the influential British daily newspaper, has devoted a large article to the real estate market of Lake Como in recent days. This is in the context of an in-depth analysis that compares some of the famous Italian sites with Lario, able to offer — as the title says — intimate views and pure magic. Not for everyone though, but only for those who enjoy a rich wallet. The London newspaper reports are very clear: «Awesome homes, remarkable views and tranquility pushed Lake Como at the top of the list of leading Italian business destinations. The average price per square meter of a villa on Lake Como is about 6,000 euros, compared to around 3,250 euros in Tuscany and 2,500 euros in Umbria. Financial Times data is derived from a study by Savills, one of the largest real estate agencies in the world.
Another significant step in the article then put Lake Como as possible lifebuoy on the real estate market: «The enviable features of the area — it says — could also help dodge the worst of the recent real estate recessions in Italy.» This is because, unlike, for example, Portofino, prices have not collapsed, which in other cases has ripped 20%. Not only that, unlike Tuscany, where rural areas are often in ruins, the luxury youth homes of Lake Como do not require major renovations.
Finally, in the piece with some photos of Torno and the initial memory of the trip from Milan to Mark Twain, the memory of the «splash of stars» received from Lario with the arrival of George Cloney in Laglio, where in 2012 the star of Hollywood bought Villa Oleandra. Moment that coincided with a peak of world interest for Lake Como.

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