Historic building and large park in the town centre

€5,000,000

7,000 m² Total surface
6,000 m² Living area
32,500 m² Plot surface

Description

This marvellous noble palace, built before 1750 next to the ancient castle of Orsenigo, is one of the most significant examples of neoclassical Lombard architecture. The palace was completely renovated in 1830-35 by the architect Giacomo Moraglia and, around the 1910s, the architect Federico Frigerio was commissioned by the Honourable Pietro Baragiola, MP and then Senator of the Kingdom, to add a new building in an eclectic style. Currently, it has a maximum of 4 floors and over the years it has maintained its characteristic charm and original finishes, including the beautiful frescoes in many of the rooms. The current owners already have a project for the complete renovation and subdivision into luxury apartments; different uses from residential, such as hospitality, luxury hospital or co-housing for the elderly, can also be evaluated, by contacting the competent authorities. Currently the entire property measures 6,000 square metres covered, in addition to about 3 hectares of finely planted parkland; according to current regulations, all 22,000 cubic metres of volume could be recovered. The project could be very interesting for a safe and profitable investment.

Features

BalconyGardenGreen viewMountain view

Engel & Völkers Cernobbio

+39 031 513099

Property ID: W-02Z0ST

Location: Como, Lombardy

Orsenigo is located near Lake Como, in the picturesque area of the pre-Alpine moraine amphitheatre, at the beginning of the Larian Triangle, in the area of the smaller lakes. Orsenigo is only 7 km from Como (20 minutes) and about 40 km from Milan. Only 5 km away you can reach the prestigious Villa d'Este Golf Club in Montorfano and the well-known international school, The New ISC Campus in Fino Mornasco. From Orsenigo, you can also reach the Lariano gliding airport in 4 minutes, located in a nearby village. Lake Como is a short distance away and offers many opportunities for water sports enthusiasts. The hills surrounding the lake are the ideal place for those who love trekking or mountain biking. Winter sports enthusiasts can easily reach the most famous ski resorts, including St. Moritz (CH), Madesimo, Bormio and Livigno.

Commission details

The property brokerage engagement with “Finest Italian Estates S.r.l.” (affiliate of Engel & Völkers Italia S.r.l.) is governed by a specific agreement and pertinent clauses. The consideration (commission) payable by the Buyer/Tenant for our services, plus VAT at the legal rate, is 5% of the sale price of a property or 15% of a yearly rent. If a sale is made, our right to commission arises as soon as the Buyer is informed that the Seller has accepted the offer; in case of property to let, our right to commission arises as soon as the person seeking to rent a property is informed that the Landlord has agreed to let the property to them. The commission must be paid as soon as the parties sign the preliminary sale agreement or the rental agreement as the case may be. The Buyer shall pay the contract registration fees, VAT, if due, notary public expenses, stamp duty, land registration and mortgage charges and any other expenses or taxes pro tempore in force at the time. Finest Italian Estates S.r.l. shall not be held liable in any way for any of the information published in its advertising material since such information is given to the agency by Sellers/Landlords and/or professionals said Sellers/Landlords engage thereto. The agency considers such information true and correct; if any information is missing, inaccurate or not current the foregoing people alone shall be liable. You are kindly asked to inform the agency promptly if the property on offer is already known to and/or has already been surveyed by another estate agents.