Real estate investments in Stresa
24 March 2020
Talking about real estate investments in Stresa today necessarily means talking about the beginning of the renovation of villa Ostini, an operation that has not gone unnoticed. Started at the end of 2019, they have now entered the heart and proceed at a fast pace. The intention of the owner, a foreign entrepreneur who wanted to keep his identity confidential, is to complete them by the end of 2020 to open its doors in 2021.
On the property investment front in Stresa, this is only the latest in a series of renovations and modernizations that has seen the redevelopment of various structures. For example, we are talking about the renovation of the Fontana hotel, the expansion of Des Iles Borromées, and other minor projects that are confirming the interest of investors in our area.
The villa takes its name from the Ostini family of the same name, not new in the real estate sector. In fact, there is another Ostini villa in the Novara area, whose name is precisely Villa Castiglioni Orsini. It is a former castle, built back in 1260 and transformed into the current villa only during the 1700s. This, after belonging to several families, was purchased by the Ostini family.
Villa Ostini will therefore become a beautiful luxury hotel, in which there will be 15 suites equipped with every comfort and dedicated to the most exclusive customers. When the renovation works are completed, Stresa's offer and accommodation capacity will further increase, confirming the primacy of hospitality on Lake Maggiore.
On the real estate investment front, therefore, Lake Maggiore, and in particular the Stresa area, continue to be confirmed as a point of reference for demanding customers accustomed to a certain type of residence. All this thanks also to the wealth of luxurious and imposing villas on the coast, and with wonderful views of our lake and the inimitable Borromean islands.
All that remains is to wait for the renovation of Villa Ostini to finish, in order to finally admire another splendid architectural jewel in all its splendor. How fitting that is for a property of this caliber.