Historically, access to the houses on Lake Como was primarily by boat. The lake’s renowned beauty is best appreciated by exploring it from the water. Many of Lake Como’s historic properties, such as Villa Melzi in Bellagio, Villa Carlotta in Tremezzo, and Villa Balbianello in Lenno, have spectacular entrances designed to be approached from the lake.
Unsurprisingly, waterfront properties on Lake Como, with their limited availability and high demand, have consistently appreciated in value.
The cost of waterfront properties on Lake Como varies significantly depending on factors such as location, size, and amenities.
The Richest Areas of Lake Como
The most prestigious areas are the western shore from Como to Menaggio and the eastern shore from Como to Bellagio. These regions are home to some of the most exclusive properties on the lake.
Overview of Property Prices:
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Luxury Villas: High-end properties, such as those in Bellagio or Cernobbio, range from €10,000 to €15,000 per square meter. Large lakefront villas can be priced anywhere from €3 million to over €10 million, depending on their size and exclusivity.
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Apartments and Smaller Properties: Waterfront apartments or smaller homes typically cost between €4,000 and €12,000 per square meter.
It’s worth noting that these are average prices. Exceptional properties may command significantly higher values—or, as the saying goes, "the right price is the one at which the seller is ready to sell and the buyer is ready to buy." For instance, there are rumors that George Clooney’s Villa Oleandra in Laglio is for sale at €100 million. However, the actor himself has publicly stated that he is not ready to sell.
Key Features of Lake Como Waterfront Properties
When considering properties directly on Lake Como, there are specific characteristics to keep in mind:
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State Ownership of Waterfront Areas: Everything directly on the water, including beaches and piers, is owned by the state. Buyers acquire these areas through a concession agreement, which requires an annual fee for usage. While most properties in Italy are freehold, any part of a house located directly on the water may be subject to state ownership, and buyers purchase the right to enter into a concession.
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Water-Only Access: Some villas can only be accessed by boat. For example, Villa Cassinella in Lenno, which is rented out to tourists on a weekly basis, has no land access. Or Villa Matilda in Pognana, a beautifully renovated property owned by celebrity couple Fedez and Chiara Ferragni, which recently has been put up for sale.
Make Your Lake Como Dream a Reality
If you’re looking for a property on the first line of Lake Como, send us your request. Many properties are available as pocket listings. For all inquiries, you can contact Pietro Bianchini, English-speaking realtor+393382616725 (also WhatsApp) or email: pietro@bestcomo.com
Want to experience what it feels like to live in a villa on the water at Lake Como? We offer a range of rentals, from €2,500 per day for charming lakefront houses to luxury villas with staff and a private boat starting at €10,000 per day. Explore our offers here.
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.
