THE ADDRESS Magazine No16

Page 206

A luxurious lake residence boasting a distinct signature of style and grace

F

rom Catullus to Clooney, visitors of note have long flocked to the Italian Lakes. Their beguiling mix of sophistication and scenic charm earning them enduring allure. Lifestyle buyers come to take in the unspoilt countryside, the blue lake waters, the sunny skies and the sleepy, flower-filled villages. The market is driven by an international mix of buyers as well as by a historic interest from wealthy Milanese. The Italian Lakes are hot favourites with all nationalities - British, Germans, Scandinavians and many Italians retire to the region. More recently, the region has attracted interest from Russian and US buyers. To the north-west of the region lies Lake Maggiore, the most elegant of the North Italian Lakes. This is where a fascinating combination of scenery and heritage are always on display. Less than an hour from Milan and its airports, Maggiore is highly accessible, not just to those from other parts of Italy, but to many major cities across Europe. Known as one of the prettiest spots in the world, Lake Maggiore attracts A-list celebrities as well as wealthy businesspeople. Its shoreline is dotted with villas and mansions, its inlets lined with picturesque villages. The glamour of a Lake Maggiore address is something that captures the imagination of many High Net Worth Individuals (HNWIs) searching for a second or primary home, or even a good long-term investment property they can rent out. While prices have been flat during the recent economic difficulties that have plagued many 206

of Europe’s housing markets, they have at least remained steady, held up in no small part by the limited supply that exists in such an in-demand region. Situated in the vicinity of the stunningly beautiful village of Stresa and surrounded by other premier homes, this commanding property is a sophisticated blend of history, high-style luxury and gracious allure – the ideal location for a quintessential Italian Lakes experience. Internationally recognised as the jewel of Lago Maggiore, Stresa is one of the most exclusive destinations on that fabled lake. The monumental property, with its grand standing and elaborately ornamented architecture, is sure to satisfy even the most discerning of individuals. Strikingly handsome and romantically elegant, it affords living at its finest. Built in 1908, the magnificent property exudes the charm, refinement and nobility of its time. A unique and lush lake view park setting of 5,000m2 creates the stage for entry into the refined home. The architecturally beautiful villa has a splendid first-floor apartment of exceptional luxury, one that exudes timeless distinction and a classic design. The historical residence is alive with the romance, grandeur and extravagance of a bygone time. Boasting immense volumes and rooms of wonderful proportions, the fine home is richly detailed in Old World elegance and charm. Making an elite lifestyle statement, the beautifully presented home showcases 300m² of majestic and seductive elegance.

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