🔥 Olympic flame arrives in Cernobbio and Como on Feb 3rd

⏳ February Fiscal Deadlines

🏰 A couple of local Hotel opportunities (one - for purchase, one - to join the investment)

The Capital Wave: Hotel investment across Europe was up 17% in the first 9 months of 2025. Total volumes are projected to smash through €27 billion in 2026.

Italy is the Target: The report explicitly flags Italy (alongside the Iberian Peninsula) to see the highest price growth of any European market in 2026.

Luxury is King: Investors aren't buying just anything. Investment into Luxury properties skyrocketed 72% in the first half of 2025, driven by strong performance and high barriers to entry.

The Demand Engine: Despite geopolitical noise, European tourism is set for "healthy growth" in 2026. Why? Consumers are continuing to prioritize "experiences over goods." (see my post on Wealth Index from last year)

Valuation Spike. With Italy projected to lead Europe in price growth, asset values in prime locations like Como are set to climb further.

The Scarcity Squeeze. With luxury investment volumes up 72%, the hunt for "trophy assets" is becoming aggressive.

The Milan Spillover. The report ranks Milan as a top-tier city for demand growth (Accommodation Demand Index >109%). A booming Milan ensures a steady flow of high-net-worth traffic directly to Como.

💧 The €208M Fix. A massive 5-year infrastructure plan is approved to modernize water systems (and likely block roads) through 2030.

♻️ Clean Sweep. The "Best Recycler" awards are out - with a few of our towns on the stage.

🏎️ Petrolhead Calendar. FuoriConcorso returns May 16–17 - here is a sneak peak.

💎 Investment Opportunity. 40-room luxury project is raising €24M in equity. With bank financing already secured for construction, the developers are seeking investors.

📈 The Market Keeps Going. Italy's property market is forecasted to outpace other European countries in 2026.

🗓️ Tax Watch. A complete calendar of February fiscal deadlines for anyone managing their own Italian assets.

🏨 The Roll-Up. Airmail warns that independent boutiques are vanishing, making true character properties a scarcity asset.

🏆 Still King. 2 Como hotels top the "Europe’s Most Beautiful" list, confirming the brand is as strong as ever (or hotel PR teams are preparing for the new season).

🌟 Vogue’s Pick. Villa Peduzzi hits the "Best Airbnbs" list.

🏗️ Menaggio’s Anchor. Corinthia Hotels confirms a luxury resort for 2028 - one more 5 star hotel in the area.

🏢 Office for auction in Via Milano, Como. €171K · 166 m² . Energy efficiency: D, parking spot included, date of sale 3/18/26.
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🍕 Bar with Hot Food Service for Transfer, Lecco. €49K · 62 m² · Rent - 740 Eur/month. In a strategic location, in the heart of an area with a high density of offices and commercial activities
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🚗 Car Wash for transfer, Lecco. €350K · 1700 m² · Rent - 3400 Eur/month. Approximately 20,000 cars are washed per year. Price recently reduced.
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🏨 Deputy Director/ Resident Manager: Bellagio Belvedere (Bellagio). Primary responsibility - ensure the daily operation of the hotel.
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🌌 CTO: Aerospace & GeoAI (Como). European deep-tech startup building stratospheric aerospace platforms.
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💻 Sales Director (Cadorago). A prestigious German multinational recruiting via ROBERTSON ASSOCIATES Executive Search.
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