Lovingly Maintained 4 bedroom Villa for sale in Argegno, Lombardy

7,500,000 EUR 6,525,000 GBP 7,425,000 USD

Reference: 217633

Bedrooms: 4
Bathrooms: 4
Floor Size: 700 m2
Plot Size: 1,000 m2
Work Required: None
Balcony
Income Potential
Garage(s)
Parking space(s)
Mooring included

Details

Superb and exclusive 4 bedroom villa, ideally located within the beautiful vicinity of the coastal town of Argegno, which is on the western shore of Lake Como.

Set within a mature plot of 1,000m2 and built on a slope, this superb villa was built in the sixties and was extensively renovated about 10 years ago. It is nestled into a well-kept garden with several terraces, secluded areas and paths that lead to an exclusive beach and ship dock.

The villa has high-quality equipment, light-flooded rooms and fantastic 180-degree views of Lake Como from all rooms and terraces. The large window fronts and the beautiful parquet and Mediterranean tiled floors create a very special ambience.

Ground floor: entrance area leading to a spacious living and dining area with a fireplace and large French doors opening onto a terrace with fantastic views. Fitted and equipped kitchen/living room with access to the terrace and a guest bathroom.

First floor: 4 bedrooms, 1 of which has an en-suite bathroom and 2 further bathrooms and a balcony.

Top floor: large studio with 2 glazed sides and access to a large roof terrace.

Basement: tavern area with beautiful lake views, bathroom, cellar, technical room and a large garage.

Argegno is one of the most visited towns on Lake Como. It lies on the western shore, halfway between Como and Menaggio. From here, a road leads through the Intelvi Valley, which connects Lake Como with Lake Lugano.

One of Argegno's main attractions is its small harbour, which has a ferry going to any of the other picturesque spots on the lake at any time of the year. The town's exclusive restaurants provide culinary delights.

The provincial capital Como is a 30-minute drive away. Milan, with its international airports Malpensa and Linate, can be reached in an hour, and the city of Lugano in Switzerland with its regional airport in 50 minutes.

Whether you're a water-skier or a scuba diver, the lake offers water sports enthusiasts a myriad of activities. The countryside is ideal for taking long walks, going hiking, trekking, cycling and mountain biking.

The famous winter sports resorts St. Moritz (CH), Madesimo, Bormio and Livigno (Ital. ) are only 2.5-3 hours away by car, an ideal area for skiing and snow-boarding.

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Italy Property Buying Guide

Guide to the Italian Buying Process

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.