Varese: the real estate market in 2022 with a positive sign

The last few years have tested many economic sectors. First the pandemic and related restrictions, then the uncertain geopolitical landscape have led to completely unprecedented situations, which required readiness and resilience. Even the real estate market experienced ups and downs in this complex scenario, but 2022 ended on a decidedly positive note.

This is what emerges from the numbers and quality of the purchases and sales that marked 12 months of activity of the Engel & Völkers real estate agencies. The real estate market in Varese and its province has also consolidated its value and promises to continue to do so in the future. With a few necessary clarifications. Growing are luxury properties - Engel & Völkers' reference sector - located in contexts that guarantee an excellent quality of life: both in the most prestigious areas of towns, and in green areas that offer more space and tranquillity. Particularly sought-after are then the properties that have an extra room: perhaps a studio for those who have experienced the opportunities of smart working, or a room for more personal space.

Against this backdrop, 2022 saw the realisation of a series of extraordinary property sales for the Varese real estate agency of Engel & Völkers. Among the many, we have selected 3 very interesting case histories, which are also useful to outline the real estate segment of the next 12 months.

This is the case of the modern flat within the 'Residence Prestige' residential context in Cuasso al Lago, directly overlooking Lake Lugano. What made the difference in this case was certainly the location, the pleasantness of the area, its centrality - Varese is only 16 km away, the Swiss border 8 km, Lugano airport 15 km and Malpensa 55 km - and then some intrinsic characteristics of the property. Beginning with the fine finishes, the presence of a large terrace and a private garden, the fact that the property has recently been modernised, in particular with work in the bathroom and kitchen. Then there are some important features of the residence, which certainly raise the quality of life: from the solarium area to the swimming pool, to the large wooded area available, with two belvedere points from which to admire all the beauty of the lake.

In the same area, and precisely in Porto Ceresio, a delightful town nestled between the green mountains and the blue lake, the sale of the extraordinary Art Nouveau villa dating back to the early 1900s certainly represented one of the top sellers of 2022. What made the difference here was the exclusivity of the property, surrounded by 2000 square metres of parkland, enriched by direct access to the lakefront and the 26-square-metre concrete, covered, private dock. The villa itself, on four levels, offers everything one could wish for in terms of finishes, views, space, and layout. If exclusivity is a trend, it has been fulfilled in the best possible way with this purchase.

In a town with considerable potential like Busto Arsizio, which is as rich economically as it is socially and culturally, we find the latest case history. This is an elegant penthouse right in the heart of the town, which has all the characteristics of the most sought-after properties. From its large size (312 square metres) to its brightness, to the presence of a finely planted terrace, to the refinement of the spaces, perfectly divided between the living and sleeping areas, to those details that literally make the difference, such as the fitness area and the two double garages. Elements that raise both the quality of life and the potential and value of a property.