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Borromeo Family Puts Lake Maggiore islands Up for Sale, Aiming to Challenge Lake Como‘s Tourism Dominance
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Italy’s historic borromeo family has initiated the sale of its considerable real estate holdings on Lake Maggiore, including a collection of islands, with the ambitious goal of establishing a competing tourism and business destination to the renowned Lake Como.
Borromeo Family’s Strategic Move
the sale is being conducted through Kaleon SpA, a company originally established in 1983 to manage the family’s extensive estates around Lake Maggiore in northern Italy. The Borromeo family intends to utilize the capital generated from the listing to fund the growth of the Lake Maggiore area and to evolve their business into a broader platform for managing historic and artistic sites both within Italy and internationally.
This strategic decision signals a meaningful investment in the future of Lake Maggiore, positioning it as a viable choice for discerning travelers and businesses currently drawn to Lake Como’s established allure.
About Kaleon SpA
Kaleon SpA, the vehicle for the property listing, has a long history tied to the borromeo family’s stewardship of their lakeside properties. Terre Borromeo details the family’s rich heritage and commitment to preserving the cultural and natural beauty of the region.
Vision for lake Maggiore
The Borromeo family’s vision extends beyond simply attracting tourists. They aim to create a extensive hub for business and leisure, fostering economic growth and showcasing the unique cultural heritage of the Lake Maggiore region. The change will likely involve investments in infrastructure, hospitality, and the preservation of past landmarks.
Lake Maggiore: A Historical and Cultural Context
Lake Maggiore,the second largest lake in Italy,boasts a rich history dating back to roman times. its picturesque landscapes, charming towns, and stunning villas have long attracted visitors, though it has historically remained in the shadow of its more famous neighbor, Lake Como. The Borromeo Islands - Isola Bella, Isola Madre, and Isola dei Pescatori – are already significant attractions, known for their opulent palaces and botanical gardens.
The move by the Borromeo family represents a broader trend of Italian families leveraging their historical estates to contribute to the country’s tourism sector and preserve its cultural legacy.
Frequently Asked Questions
- What is the borromeo family selling?
- The Borromeo family is listing its real estate holdings on Lake Maggiore, including a group of islands, through Kaleon SpA.
- What is Kaleon SpA?
- Kaleon SpA is a company originally founded in 1983 to manage the Borromeo family’s estates on lake Maggiore.
- Why is the Borromeo family selling these properties?
- The family intends to use the proceeds to develop Lake Maggiore into a major tourism and business hub, rivaling Lake Como.
- Where is Lake Maggiore located?
- Lake Maggiore is located in northern Italy.
- What are the Borromeo Islands?
- The Borromeo Islands – Isola Bella, Isola Madre, and Isola dei Pescatori – are renowned for their beauty and historical importance.
- What is the goal of this development?
- The goal is to transform Lake Maggiore into a comprehensive destination for tourism and business, fostering economic growth and preserving cultural heritage.