Lake Como's property and hospitality market is experiencing a new chapter of growth and transformation. The latest milestone? The acquisition of the Grand Hotel Imperiale in Moltrasio by an investor group including Savills and Accor, paving the way for its rebirth under the prestigious Raffles brand. This move reinforces Lake Como's status as a prime international destination, attracting high-caliber investors and elevating the region's luxury hospitality scene. With a full reimagining set for 2026, Raffles is poised to set a new standard of excellence on the lake.
A Landmark Transformation on the Lake
Lake Como's real estate landscape continues to evolve, with major transactions reshaping its high-end hospitality and property market. One of the most significant recent deals is the acquisition of the Grand Hotel Imperiale Resort & Spa by a group of investors, including Savills and Accor. This historic lakefront property in Moltrasio will now enter a new era under Raffles, one of the world's most prestigious luxury hotel brands. This move underscores the growing appeal of Lake Como for international investors and solidifies its status as a prime destination for high-end hospitality.
From Historic Charm to Raffles Luxury
Originally built in the early 20th century in the Liberty style, the Grand Hotel Imperiale has undergone several transformations, with major renovations in 1995 and 2012. Currently offering 121 rooms, including suites within the elegant Villa Imperiale, the hotel is known for its stunning lake views, private gardens, and exceptional dining experiences.
Under Raffles, the property will be completely reimagined, reopening in 2026 as an ultra-exclusive destination featuring 86 refined rooms, three signature restaurants, and a world-class 1,000-square-meter spa. This marks a pivotal moment for Lake Como's hospitality sector, as Raffles—renowned for its timeless elegance and legendary service—brings its globally recognized standard of excellence to the region.
Raffles and the Future of Lake Como Hospitality
The arrival of Raffles on Lake Como represents more than just a new hotel—it's a statement about the region's increasing prestige and desirability. The combination of historic architecture, a prime lakeside location, and Raffles' unparalleled luxury offering will elevate the destination's global appeal, attracting discerning travelers and investors alike.
This transition signals broader market trends, including rising demand for premium properties and heightened investor confidence in the area. As Lake Como continues to attract world-class brands, the local real estate and hospitality markets stand to benefit from this influx of international interest.
Stay tuned as I continue to analyze how this landmark transformation impacts the local market and investment opportunities. With Raffles set to redefine luxury on Lake Como, this is a development worth following closely.