Demand for luxury real estate on Lago Maggiore and Lago di Como remains as high as ever. Premium properties here continue to attract international customers. German buyers dominate the market in both locations, although the number of domestic buyers has risen in recent years.
Lago di Como: Top prices for luxury real estate
Lago di Como is famous around the world as the summer destination of George Clooney. In 2018 the property market here was dominated by overseas buyers. Germans were the largest buyer group, followed by Swiss, Northern European and American clients. Prices here have risen by around 20 percent over the last few years. The most desirable location on Lago di Como is the western shore between Cernobbio and Menaggio. In Como, houses achieved purchase prices of up to 20 million euros. High value freehold apartments generated top prices of up to 8,000 euros per square metre. “Lago di Como is a highly sought-after Italian destination and has enjoyed a very positive development in recent years. In 2019 we expect to see further purchases in top locations especially from overseas buyers, and a rise in prices,” says Yasemin Rosenmaier, Managing Partner of Engel & Völkers Lago di Como.