Villas for sale on Lake Maggiore

Speech at the Luxury Portfolio Summit in Las Vegas

Stresa Luxury Real Estate, an agency that mainly deals with the sale of villas on Lake Maggiore, was also present this year at the Luxury Portfolio International. Francesco Papurello, spoke in one of the many sessions of the international event, held as always in Las Vegas, to present his agency to foreign colleagues. The full intervention is published below:

"Stresa Luxury Real Estate is located in the Lake Maggiore area, and is a real estate agency specializing in the sale of villas on Lake Maggiore. Lake Maggiore is one of the lakes of northern Italy, the second largest lake after Lake Garda. Our lake borders on Swiss territory, and is about an hour from Milan and 45 minutes from its international airport.

The area is extremely quiet and safe, in fact it has been elected by many rich people, for example, Berlusconi, as their place of residence. For two years now, the international market has shown greater interest, due to prices that have reached their minimum value after the crisis. This has had a positive effect on the real estate sector.

REAL ESTATE MARKET ON LAKE MAGGIORE
Today it is possible to buy important villas for sale on Lake Maggiore. Prices are around $ 1,000,000, and apartments from $ 300,000. Another reason that has increased this process was the institution by the Italian state of the flat tax.

This provides that by transferring one's residence from abroad to Italy, it allows you to pay the fixed sum of € 100,000.00 on income produced outside Italy.

This has brought a great benefit, focusing the requests on quality properties. We are talking about an area where the economy is purely tourist, and this is why our business has always focused on the sale of villas on Lake Maggiore.

Stresa in particular is lucky enough to be overlooking the lake and its mountains. From here you can also reach a small ski resort by cable car, exceptional from the point of view of the panorama, because with your skis on you can enjoy the view of the whole of Lake Maggiore. The beauty is to ski while enjoying the panoramic view of the water.

In addition, the most important stations such as Cervinia and Courmayeur can be reached in just over two hours by car. Lake Maggiore can be experienced all year round. For lovers of food and good wine, at 1 ½ hours there are Alba and Barolo, famous for their white truffles and the renowned wine known all over the world.

Stresa Luxury Real Estate, an agency that mainly deals with the sale of villas on Lake Maggiore, was also present this year at the Luxury Portfolio International. Francesco Papurello, spoke in one of the many sessions of the international event, held as always in Las Vegas, to present his agency to foreign colleagues. The full intervention is published below:

"Stresa Luxury Real Estate is located in the Lake Maggiore area, and is a real estate agency specializing in the sale of villas on Lake Maggiore. Lake Maggiore is one of the lakes of northern Italy, the second largest lake after Lake Garda. Our lake borders on Swiss territory, and is about an hour from Milan and 45 minutes from its international airport.

The area is extremely quiet and safe, in fact it has been elected by many rich people, for example, Berlusconi, as their place of residence. For two years now, the international market has shown greater interest, due to prices that have reached their minimum value after the crisis. This has had a positive effect on the real estate sector.

PRESENTATION OF LAKE MAGGIORE IN LAS VEGAS
As regards the possibility of purchase by foreign citizens, there are no restrictions, as long as there is the right of reciprocity between states. The only country that places restrictions is Switzerland. For this reason, Swiss citizens have limitations on the size of the property to be purchased. With the United States, Russia, China and other major nations, there are no limits.

For customers who need a Visa to enter Europe, it is possible to apply for a Permanent Visa. This is issued to those who prove they own a property in Italy, and have capital income. Eventually we can also take care of this procedure. The public most interested in the villas for sale on Lake Maggiore is European, American, Russian and Chinese.

HOW TO BUY VILLAS FOR SALE ON LAKE MAGGIORE
The purchase of a property can take place both privately and through a company. Property taxation in Italy is extremely simple. There are only two rates: 2% for buying a home where you intend to reside and 9% for a holiday home.