Como Lake Attracts Foreigners. Prices and Sales Are Growing
January 13, 2021
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Despite the fact that Lombardy has been affected by the coronavirus pandemic the most.
Italy's lake Como, which has served as a haven for the rich since Roman times and now boasts residents like George Clooney and Sting, is located in the Lombardy region. The latter was particularly hard hit by the coronavirus pandemic, writes The New York Times.
The introduction of months of isolation in Italy began has started from Lombardy, which then expanded to the whole country. As of December 13, there were 31,137 confirmed cases of Covid-19 in the province of Como. However, according to agents, these gloomy figures had little impact on the real estate market in the region.
International Sales Manager Lone Heron from the Property At Lake Como, noted that they had more deals, and the whole year was great in general, even though we've only been active for about four or five months this year. Sales of luxury real estate worth more than €10 million, have grown especially strongly.
The CEO of Prestige Property Group Mike Braunholtz says that the time spent surfing the Internet in isolation has led to a surge in requests for real estate outside of major European megacities, which is nevertheless located in close proximity to them. And lake Como offers natural beauty, a wide selection of historic homes, and also easy access to Milan, as well as to Switzerland and the rest of continental Europe.
According to Braunholtz, this year's sales were driven by record low borrowing costs combined with a huge interest in properties that are nice to live in, if you don't have to go to a restaurant or theater at all and where you can work from home.
According to the Owner and Managing Director of the agency La Reale Domus Tania Morabito, this year the experts of her company recorded an increase in prices on lake Como by about 4%. Other realtors note that the highest house prices are in the area of the city of Como, on the southern tip of the lake, and they decrease as you move North. As a rule, a property on the waterfront costs from €6,000 to €10,000 per sq. m. If you want to buy a property on a hillside, you will have to pay from €3,000 to €6,000 per "square".
Traditionally, the most numerous foreign buyers in the lake Como real estate market were from the United States, Russia and the Middle East. However, experts say that in recent years, representatives of India, Australia and China have been added to them. Also this year, according to brokers, there are many more buyers from Northern Europe who can drive, rather than fly to inspect the property.
See the list of real estate near Como lake:
430 000 €
Villa in Como, Italy
152 sq.m3
Italy
Como
Duplex villas 1 km from the lake
New villas for 2 families in 15 min walk from the lake, overlooking the lake.
Area 152 m2: entrance hall, living room with kitchen, 2 bedrooms, 3 bathrooms, tavern, balcony, terrace, storage room.
Heating type: autonomous
Garage 30m2
Garden 150m2
Price: 430,000€
INDOM
764 000 €
Apartment in Como, Italy
166 sq.m5
Italy
Lake Como
Apartments in an elite complex with a swimming pool
Apartments in an elite residential complex on the lake shore.
For residents - a swimming pool on the territory of the complex.
The area of the apartment is 166 m2, 4 bedrooms
Price: 764,000€ (bargain)
INDOM
700 000 €
Villa in Como, Italy
4
Italy
Lombardy
Lake Como
Duplex villa on the lake
Duplex villa just a few meters from the lake,
with a beautiful view of the lake.
Ground floor: large living room with terrace, kitchen,
2 bedrooms, bathroom.
Basement: small living room, bathroom,
storage room, garage.
Attic
Garden
Price: 700,000€
INDOM
2 400 000 €
Villa in Como, Italy
420 sq.m55
The spacious, bright villa with a total area of about 400 sq.m. is beautifully planned, has an elevator and several terraces with magnificent views of the lake and mountains. The layout of the villa includes: five bedrooms, five bathrooms, a spacious living room, several dressing rooms. On the 1st floor there is a garage for four cars. The villa...
NF Group
2 500 000 €
Villa in Tremezzo, Italy
64
Independent villa of recent construction (2005).
On the ground floor there is a living room, a kitchen, 4 bedrooms, 3 bathrooms; and on the basement floor there is a large tavern, 2 bedrooms and a bathroom.
The villa is surrounded by a private garden of 1500 sq.m with a swimming pool, which offers a beautiful view of Lake Como. There is a...
Palazzo Estate
780 000 €
Flat on Lake Como, Italy
175 sq.m442
Laglio, Lake Como.Luxury real estate on the first line of the lake with a private marina.It is located on two levels in a house of three apartments.Consists of:the lower floor consists of a spacious living room with a fireplace and a dining room, a separate comfortable kitchen, a double bedroom with access to a balcony, a bathroom and a storage...
GH Estate
5 000 000 €
House on Lake Como, Italy
650 sq.m96
The elite estate consists of 2 villas with an area of 450 m2 and an outbuildings with an area of 200 m2.
The main villa has a bright spacious living room, a dining room with access to a large terrace overlooking the lake, a kitchen with a stone fireplace. On this floor there are two bedrooms with bathrooms.
The second floor, which we reach...
Rentsale
Price on request
Villa in Como, Italy
700 sq.m119
In the beautiful setting of Como is located this historical property, which is up for sale. It resides on an elevated position just a few kilometres outside of Como's renowned and stylish city centre. This magnificent estate for sale dates back to the 19th century and is currently in perfect condition. This property extends over 700 m² in total...
Lionard Luxury Real Estate
840 000 €
Villa in Cernobbio, Italy
230 sq.m23
In a quiet location, while a few minutes from the center of Cernobbio, the motorway and the Swiss border, we offer a beautiful and newly built villa of about 230 sq. m. The villa is located on two residential levels, plus a basement floor.
The villa is built with high quality standards and high-level finishes. On the ground floor there is a day...
Palazzo Estate
Price on request
Villa on Lake Como, Italy
1300 sq.m1595
Villa Rosa in Grianta was built in 1903-1904 by a German entrepreneur. In this part of the lake with unique panoramic and natural characteristics, with views of Bellagio and Tremezzo, villas with gardens for the Milanese aristocracy, such as Villa Carlotta, Villa Melzi and Villa Serbelloni, have been built since the XVIII century. In the...
Great Estate
980 000 €
Villa on Lake Como, Italy
380 sq.m933
This exclusive villa in Tremezzina is completely independent and is arranged on three levels: in the basement, large garage with laundry room and bathroom; at ground floor we find the main house, consisting of entrance, large living room, kitchen, 3 bedrooms and 2 bathrooms; on the first floor there is a huge attic with two large both the living...
Great Estate
365 000 €
Villa on Lake Como, Italy
138 sq.m1032
Online Viewing
This villa for sale in Menaggio is located within a residential complex and is a semi-detached property, independent on three sides. It covers an area of 120sqm on two levels. The ground floor consists of entrance, living room, kitchen, bedroom, bathroom and storage room under the stairs. On the first floor we find a further living room, two...
Great Estate
1 050 000 €
Villa on Lake Como, Italy
300 sq.m743
Online Viewing
Villa Dorina is an independent villa in Argegno, located in a splendid position overlooking the lake. On three levels, it is internally composed as follows: entrance, beautiful living room with large windows overlooking the lake, kitchen, 4 bedrooms, 3 bathrooms, sitting room, study, hobby room, cellar, double garage. Behind the villa, there is...
Great Estate
289 000 €
Flat in Menaggio, Italy
100 sq.m311
We propose a splendid furnished flat of 100 square meters in a residence with a swimming pool on 2 levels with magnificent views of Lake Como.
The flat consists of a living room with a kitchenette and exit to a large terrace from where you can see the splendid towns of Bellagio, Varenna and the central square of Menaggio, 1 bedroom, 1 bathroom...
Palazzo Estate
150 000 €
Apartment on Lake Como, Italy
70 sq.m321
Online ViewingRemote Transaction
Take in panoramic lake views, from this welcoming 2-bedroom apartment situated at just two steps from the lake!
Located on the central lake near Menaggio, this scenic top floor apartment offers the perfect blend of authentic lake view charm and modernized-day home comfort. Inside, the versatile apartment boasts a relaxed ambient feel....
GH Estate
660 000 €
Apartment on Lake Como, Italy
161 sq.m542
Online ViewingRemote Transaction
We offer a large apartment in the center of Menaggio with a lake view.
The property is part of a three-storey building and is located on the ground floor, this allows it to have a splendid terrace for private use, while the whole garden is shared with the apartment on the first floor.
Independent entrance, compared to the other two...
GH Estate
2 500 000 €
Villa in Como, Italy
500 sq.m46
On the outskirts of Como, in a strategic position to easily reach the most famous lakeside towns and the city of Milan in less than an hour, there is this stunning, finely-renovated historical estate for sale. As it is immersed in a large, perfectly maintained garden of 3,700 sqm on two levels, this luxury property is a real oasis of peace and...
Lionard Luxury Real Estate
260 000 €
Flat in Porlezza, Italy
80 sq.m321
Rif.764
Porlezza near lake
Flat of about 80 sq m
+ lower level of other 80 sq m
+Private garden of 70 sq m from two sides
2 bedrooms
1 bathroom
1 private garage
This neat flat is located on the ground floor and has a plot of about 80 sq m.
It is composed of the hall, the living room with the electric fireplace, big kitchen, one...
Il Globo Real Estate Lake Como
751 000 €
House in Porlezza, Italy
270 sq.m
Online Viewing
Rif.945
Porlezza, 100 m to lake and the beach
Residential building composed of three flats (total 270 m2 or 800 m3)
Canteen
Garage of 35 m2
Plot of 1170 m2 for construction
This valid properry is situated only 100 m from lake and the beach and is composed of:
A building composed of 3 apartments (total 270 m2) + 18,90 m2 of canteen...
Il Globo Real Estate Lake Como
Price on request
Villa in Mandello del Lario, Italy
778 sq.m77
This stunning Art-Nouveau villa with a centuries-old park and a swimming pool is for sale a few steps away from Lake Como, just 10 km from Lecco. It measures 778 sqm and includes an outbuilding. Built in 1913, after a century the estate has returned to its splendor. Initially renovated as a house for receptions, the structure is now dedicated to...
