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| Features: Garden, Pool, Parking, Disabled Access, Terrace / Deck, Pets Allowed | ||||||||||||||||
| Amenities: Tennis Court, Schools, Shops, Bars & Restaurants, Medical Facilities, In historic place, In fishing area, In hunting area, 24 Hour security, Gymnasium, Childrens Swimming Pool, In Mountain, By a Lake, In Eco Reserve, In Village, Childrens Playground, Sauna, Jaccuzi, Architectural Reserve, Lake View, Mountain View, Garage | ||||||||||||||||
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Description: Exclusive and unique, contemporary luxury Villas for sale in Menaggio, Lake Como, Italy. 7 world-class single level Villas, built into the hillside - from €583,920 to €1,200,720. The development is scheduled to be completed by March 2009, with all communal areas by May 2009. Designed by renowned architect Arturo Montanelli - Excellent Potential for capital growth. Stunning Location with views of Lake Como with Bellagio ‘framed’ against the mountains. Secure parking, luxury kitchen and communal pool with views of the lake. The “Tailormade Investment Village” in Menaggio, Lake Como is a premier development on the lake. The stunning design by the renowned architect Arturo Montanelli and prime position on the Menaggio hillside ensures these 7 single level villas will stand out as the best luxury properties on the Golden Triangle of Lake Como, Italy. Combining spacious living areas and a specialist design built into the hillside these luxury villas will be one of the most sought after addresses in the area. Why is this an outstanding luxury investment opportunity? The location of these villas on a hillside with unobstructed views of the lake, Bellagio and Varenna coupled with their contemporary design ensures these are sought after properties. The apartments are an ideal candidate for capital growth and rental demand. Key Points * Breathtaking location with Spectacular views of the Lake and the countryside * We expect very good capital growth over the next 5 years, we quote always 7.2% pa but expect around 10%. * Limited supply of quality properties being constructed due to the physical constraints of this glacial lake and restrictive planning laws (moratoriums in some local communes) * Demand on the Lake continues to increase as Lake Como catches up with prices on other Lakes such as Garda. * Available below market value by 5% based on comparables, we buy wholesale * Stunning world class design sets these villas apartment from what is on the market, designed by Arturo Montanelli * Located on the best part of the lake, the Golden Triangle of Menaggio, Varenna and Bellagio * Perfect location for rentals and re-sales * Milan is only 1 hour 30 minutes away by car * Skiing available on the lake and St Moritz 1 hour 30 minutes by train (via ferry crossing) * Excellent links to major airports through Milan |
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