Luxury 5 bedroom Villa for sale in Laglio, Lombardy

12,500,000 EUR 10,750,000 GBP 13,500,000 USD

Reference: 240724

Bedrooms: 5
Bathrooms: 6
Floor Size: 700 m2
Plot Size: 150 m2

Features

Balcony
Terrace
Lake or River Included
Private Pool
Elevator
Private
Front Line
Turnkey
Good Condition

Details

Superb and spacious lakefront property in a unique location directly on the lakefront in the famous village of Laglio, home to some of the world's most rich and famous.

This prestigious property can be reached directly from the main road, accessed via automated gates to the main entrance hosting up to five cars.

From this level there is a two-level dependence that includes two bedrooms and two bathrooms and a small kitchenette and a technical room.

The villa comes with attractive and very usable outdoor living spaces, providing true lake front lifestyle of tranquility and privacy.

Recently renovated and furnished with high quality finishes, the spacious 700m2 villa has large windows that create a bright and unique living space that all enjoy breathtaking panoramic lake views.

The main villa is spread over three levels, in addition to the basement floor all connected by a stairwell and lift.

Ground floor - a large and sunny living room decorated with marble floors, a dining room, and an elegant open kitchen, as well as a bathroom. The floor is completed by a porch and a large terrace overlooking the lake at 180 degrees.

First floor - two double bedrooms with private bathrooms and two balconies.
Second floor - a master bedroom, two balconies, a bathroom, and a walk-in wardrobe.

The property includes an automated boat dock as well as a private pool with access to a private pier.

This exclusive property is ideal for anyone looking for a impressive lake-front home with all the possible modern comforts or as an investment property for luxury rentals.

The coastal town of Laglio is found on the western shore of Lake Como in the first basin, and it is home to well-know residents such as George Clooney.

It is also very close to Cernobbio and the famous Villa d'Este Hotel.
Just fifteen minutes by car to the Swiss border and the Milan - Lugano - Zurich motorway and from here the Milan Malpensa international airport canbe reached in about forty minutes by car.

Given the characteristics of the proposed property the ideal way to tour the lake and visit the famous resorts of Bellagio and Menaggio is via one's own private boat.

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Italy Property Buying Guide

1. Making the Offer to Purchase (Offerta)

Once you have found the property you wish to purchase you will start the process by making a formal offer to the vendor, the estate agent will act on your behalf and put forward the offer, a deposit will be made available, generally around (10,000 - 20,000 EUR). Once the vendor has accepted the offer it will be formalised in writing to the vendor in both English and Italian. If this is accepted the deposit (Caparra Confirmatoria) will be paid to the vendor. This will form a legally binding contract. Neither party may withdraw at this point, the sale can be forced by either party or a claim for damages can be made. If the purchaser withdraws their deposit will be lost, if the vendor withdraws the purchaser can claim twice the deposit in compensation.

2. Signing the Preliminary Contract (Compromesso or Contratto preliminare)

The next step will take place between 1 and 3 months after the offer has been accepted, this is a formal agreement between the vendor and purchaser to sell and buy the property, this agreement is the Preliminary Contract and will contain the conditions and terms of the sale. It is important at this stage that you have a full understanding of all the details contained in the contract. We would strongly recommend that you appoint a Notary who is fluent in English. This document will include the purchase price, a detailed description of the property including completion date and will cover any obligations placed upon the buyer and the vendor. All information relating to the property including any planning permissions for the property and the cadastral details (a public record, survey, or map of the value, extent, and ownership of land as a basis of taxation). Once the Preliminary Contract (Contratto preliminare) has been signed a further deposit (Caparra Confirmatoria) will be paid, this will generally be 10% - 20% of the purchase price. There will also be an estate agents Commission Fee (Provvigione) which will need to be paid at this point.

3. Signing the Final Deed of Sale (Rogito or Atto Notarile)

The purchaser must have a bank account in order to make the purchase on completion. The signing of the final deed of sale which will authorise the transfer of the property must be overseen by a Notary (Notaio). The buyer will select and hire the Notary, but they are members of an independent body of public/professionals who will draft the purchase deed, they will oversee the passing of the title legally from the vendor to the purchaser. The Notary will also verify the legality of the documentation and registration with the Conservatoria dei Registri Immobiliari and the Local Land Register.

4. Formalities to be observed after Completion

Foreign buyers should obtain a certified copy of the Purchase Deed (Rogito), which the Notary will have lodged with the authorities. Generally this will be available to collect around 2 – 3 weeks after completion. The Notary will also give you a form to complete for the the local authority (Questura) who will have been given formal notice of the purchase. Your Notary will help you to complete this form. You will need to contact the utilities companies to set up new contracts (power, water, telephone, gas etc.). If the property is a flat, the condominium manager (Amministratore del condominio) should be informed of change of ownership of the property.

IMPORTANT - Disclaimer : All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.