Foreigners return to buy a house in Cernobbio

Walking through the alleys of Cernobbio or Moltrasio and hearing English, French and more distant languages ​​has become the norm. The area is hunting ground for international buyers, especially for medium and high-level properties. And the arrival of these customers has adapted the offer of restaurants and shops. The hotel segment is just as lively, with openings and reconversions in five stars. The British and the Americans are back, who a few years ago had left the lake for other destinations, they also buy the Swiss - who are not allowed to have a house of more than 250 square meters on land of a thousand square meters - and new Australian buyers, Lebanese and this year in particular many Israelis. Buyers with great availability who want to bring capital here from countries at war and looking for large luxury homes to live for a few months a year. The most requested bank is that of Cernobbio, in particular in the section from Como to Laglio, but there are also requests for Blevio and Torno and for the other arm of the lake, in particular in Varenna. The most prestigious villas are those on the lake, which start at least three million euros to reach even 20-30 million. Proceeding on the bank from Cernobbio, the most requested resort, towards Laglio, there is Villa Pizzo, the most beautiful dwelling of the lake according to some experts. In Moltrasio there is the Fontanelle villa, which belonged to Gianni Versace and was purchased in 2008 for 35 million by the Moscow-based restaurate king Arkady Novikov, continuing the villa of the family of former Lebanese president Hariri. On the bank of Blevio and Torno, the villa of the Saudi royal family, who stays here a month every summer living with the Riad time zone, and then the charming villa Troubetzkoy, which owes its name to the Russian prince Alexander Troubetzkoy, today an important French manager.