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Italy’s Borromeo Family Lists Islands to Rival Lake Como

by Priya Shah – Business Editor

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Borromeo Family Puts‌ Lake Maggiore islands Up for Sale, Aiming to‌ Challenge Lake Como‘s Tourism‍ Dominance

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.

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