Lake Como is famous for its historical villas, many of which have been converted into apartments. But which is the better choice—a new-build apartment or an apartment in a historic villa?
Here are five key differences to consider:
1. Condition
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New Apartments: New-build properties boast superior technical characteristics, including better insulation and modern materials. Repairs are unlikely to be needed for years, and construction companies typically provide a 10-year warranty against construction defects.
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Apartments in Historic Villas: These properties preserve original architectural details such as murals, stucco moldings, wrought-iron staircases, marble floors, and fireplaces. These unique features add charm and historical value but may require ongoing maintenance.
2. Room Dimensions and Ceiling Height
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New Apartments: Ceiling heights are typically limited to 2.7 meters. Rooms, including hallways and bedrooms, are designed to be compact (bedrooms are usually 12–14 square meters), optimizing energy efficiency for heating and cooling.
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Historic Villas: Ceilings can soar up to 4 meters, and rooms are often significantly more spacious, with grand halls and bedrooms. Bathrooms in these buildings were often added later in former rooms, making them unusually large.
3. Location
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New Apartments: New developments are generally situated in the hills, away from the lakefront, where land is available for construction.
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Historic Villas: These properties are usually located along the lake’s shore, surrounded by lush gardens or parks, and offer convenient access to the water.
4. Energy Efficiency
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New Apartments: Built to modern standards, they usually achieve energy ratings of at least Class B, with many reaching Class A+.
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Historic Villas: These properties typically fall into energy Class G due to their age and traditional construction.
5. Property Taxes
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New Apartments: Buyers pay VAT when purchasing from a construction company. VAT rates are:
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4% for a first home (permanent residence).
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10% for a second home.
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22% for luxury properties (e.g., loft conversions).
For a second home valued at €1,000,000, the tax would amount to €100,000.
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Historic Villas: Buyers pay a stamp duty instead of VAT. Rates are:
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2% for a first home.
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9% for a second home.
Stamp duty is calculated based on the cadastral value of the property, which is typically lower for older homes. For a villa valued at €1,000,000, the tax may range from €7,000 to €9,000.
Explore Your Options:
About Us
Best Como Immobiliare operates from offices in Tremezzina and Como city. We are licensed real estate agents and locals who live and work on Lake Como. We are here to provide support both during and after your property purchase.
For more information:
WhatsApp/Text: +39 366 447 6630 (Hanna Fitsner)
Email: info@bestcomo.com
