Rents rose again in July. This month, rents increased by 0.3%, reaching an average of €14.90 per square meter. This is the highest figure ever recorded by idealista, Italy's leading real estate portal for technological development, which has been monitoring rental price trends since its first survey in 2012. Compared to the same mo...
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Arnault purchases Urio Castle on Lake Como from Opus Dei: it will become a luxury hotel!!
30.07.2024
Opus Dei sells Urio Castle to the Belmond Group (LVMH). The property, in Carate Urio, on Lake Como, was sold for a figure close to between 50 and 100 million euros, according to market sources. Safe figure not confirmed as per MilanoFinanza and Il Sole24 ore sources…..
The preliminary contract, signed in November last year, was finalized in recent days by the two companies after the Vicar of Opus Dei for Italy, with his councils, decided to no longer use the house of spiritual retreats known as “Castello di Urio”, in use since the late 1950s.
That of Castello di Urio represents only the last chapter of LVMH's honeymoon with the luxury real estate of the Peninsula. A year and a half ago, in December 2022, in fact, the patron of the Parisian fashion house, Bernard Arnault, added the exclusive Casa degli Atellani in Milan to his collection of iconic assets. In that case, the value of the operation was around 50 million euros.
The preliminary contract, signed in November last year, was finalized in recent days by the two companies after the Vicar of Opus Dei for Italy, with his councils, decided to no longer use the house of spiritual retreats known as “Castello di Urio”, in use since the late 1950s.
That of Castello di Urio represents only the last chapter of LVMH's honeymoon with the luxury real estate of the Peninsula. A year and a half ago, in December 2022, in fact, the patron of the Parisian fashion house, Bernard Arnault, added the exclusive Casa degli Atellani in Milan to his collection of iconic assets. In that case, the value of the operation was around 50 million euros.
Last News
Rents continue to rise, with record prices per square meter in July.
31.07.2025
From all of us at TargetHouse®… our best wishes for an unforgettable summer!
17.07.2025
Whether you're at the beach, in the mountains, or simply spending time with loved ones, we hope you find time to slow down, breathe deeply, and savor every moment of relaxation and freedom. Summer is the perfect time to recharge, be inspired by the sun, and return with new dreams and ideas to pursue. Thank you for sharing this journey with ...
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