An opportunity to acquire an entire residential hospitality complex on Lake Como, already operational and income-generating, with significant potential to increase both accommodation capacity and profitability.
Molteni Real Estate is pleased to offer for sale Brezza del Lario, a hospitality complex located in Dervio, on the eastern shore of Lake Como.

Indicative annual profitability: €400,000/year
Indicative yield based on current profitability: approx. 5.3%
Apartments: 34 units currently operational + 8 units to be renovated and repositioned (42 units in total)
Newly built swimming pool with changing facilities
Extensive gardens, terrace areas and parking facilities

Brezza del Lario is a recently renovated residential hospitality complex comprising different types of apartments and primarily targeting the short-term rental and holiday accommodation market on Lake Como.
The 34 units currently in operation have recently been renovated and furnished, allowing the investor to acquire an established property already operating in the market, while avoiding the typical start-up phase associated with new hospitality ventures and the time required to establish new listings on short-term rental platforms.

A key feature of this investment opportunity is that the investor acquires an asset that is already generating income, while retaining significant potential for further organic growth.
Once the additional 8 apartments have been renovated and integrated into the residence’s management and distribution system, the complex will reach a total of 42 units.
The investor can therefore acquire an operating business today with indicative annual profitability of approximately €400,000, while subsequently benefiting from the additional income potential generated by the new units.

The key element of the investment is therefore the value-add opportunity within an already operational asset.
The 8 apartments still to be renovated represent approximately 24% additional capacity compared with the 34 units currently operating, without the need to acquire a second property.
Further potential growth drivers include:

The complex also offers a comprehensive range of amenities and facilities:

The investment provides direct exposure to one of Italy’s most internationally recognised tourist destinations.
Dervio is located on the eastern shore of Lake Como and is particularly attractive for leisure and outdoor tourism.
Its proximity to the SS36 highway provides efficient connections to Milan and the main destinations around Lake Como.
The presence of the Sentiero del Viandante hiking trail, together with activities such as trekking, cycling, sailing, windsurfing, kitesurfing and stand-up paddleboarding, further broadens the property’s potential guest base.

This opportunity is particularly suitable for investors seeking an income-generating real estate investment with a value-add component in an internationally recognised tourist destination.
Further information, property documentation, financial data and operating information are available upon investor qualification.