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Offering an exciting and rare investment opportunity on the central lake, this off plan development is for a splendid new modern hotel. With planning for 99 bedrooms, the commercial premises will benefit from a wealth of balconies and terraces to enjoy the spectacular sun exposure and lake views.The hotel will further benefit from disabled access, a private swimming pool, private parking and garages. Conveniently situated in the neighbouring Menaggio village of Nobiallo, investors can expect a wide range of clientele, from families to large corporate groups. The area is renowned for its wealth of visitor attractions, water sports, hiking routes, prestigious Menaggio & Cadenabbia Golf Club and its easy access to Italian Alp ski resorts.Menaggio is situated within a 44 minute drive of Lugano city, a 46 minute drive of Como city and an 80 minute drive of Milan.