Work to start on complete restoration of majestic Italian villa on Lake Como
Built for a well-known family of Italian engineers (the Peduzzis) in 1909, Villa Peduzzi was occupied by generation after generation of the family until 1960 when it became too large for remaining relations and the necessary upgrade work was too costly for the Peduzzis to incur. As a result, the classic building has stood empty since the 1960s. Now in the hands of Italian developers Ultissimo Ltd and architect Andrea Meirana, Villa Peduzzi is about to undergo an elaborate €3.5m restoration project.
In September, the two upper floors of the grand residence will become a 600 sq m duplex with two large roof cut-outs, providing terraces with stunning views out onto the neighbouring Lake Como. Along the same lines, the ground and first floors will each be turned into 300 sq m apartments occupying an entire floor with four and three bedrooms. The structure is thought to be the only remaining unrestored liberty villa on Lake Como and yet it offers some of the most breathtaking views in the area.
Whilst much of the original grandeur remains in the building, it needs a drastic upgrade to bring the facilities up to par for modern living. The 14month project will include updated bathrooms and heating, doors, windows and shutters fully restored using replacement materials constructed identically to the original design and the restoration of the original frescos throughout the entire building – currently said to be in incredibly good condition despite the villa being unoccupied for the last fifty years.
Additional modern facilities include high-end kitchen and bathroom fittings, air conditioning, high-quality heating systems, an infinity pool and Jacuzzi, changing rooms and shower room, an underground garage and extensive lighting to illuminate the villa and grounds. On completion, the villa will be fully serviced by concierge who will occupy the cantina (basement) – a rarity among the villas on the lake.