San Pellegrino 'leading Italian revival'

Friday March 6th , 2009

The Italian town of San Pellegrino is hoping to win back tourists with a major revamp.

Some £84 million has been invested by the property developer the Percassi Group, as well as another £34 million from the local authorities, reports the Daily Mail.

The Lombardy spa town used to attract an array of visitors including European royalty and film stars, but it suffered when its casino closed and the tourists began looking elsewhere.

However, there are major plans for the town which will see the Grand Hotel being restored and the old casino transformed into a conference centre, as well as a range of new restaurants and apartments

Paul Hudson, Italian specialist at The Property Finders, said: "As well as the stunning lakes and snow-capped Alps, the region is home to a handful of beautiful historic towns such as Mantova, Como and the medieval walled town of Bergamo."

It recently emerged that Italian Property has a range of properties available alongside Lake Como.
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