George Clooney's iconic Lake Como villa: From $10 million to $100 million

George and Amal Clooney are fortunate to own several properties across Europe and the United States, with their homes varying in value and style, and it appears they have their favorites!

For many years, the Hollywood actor was closely associated with Lake Como, a luxurious area in northern Italy favored by the wealthy elite, where he bought a stunning villa complex for $10 million in 2002.

Courtesy: GIUSEPPE CACACE

George, 63, who married Amal, 46, seven years ago, acquired the beautiful home situated right on the lakeshore and has previously expressed his love for the time spent there and his appreciation for Italian culture.

The couple has enjoyed many summers soaking up the Italian sun at this location.

Unsurprisingly, the villa has significantly appreciated in value over the years, partly due to George's presence.

However, the Ocean's 11 actor's savvy property strategy has increased the home's value tenfold.

According to the Wall Street Journal, the actor's villa has grown from around $10 million to just over $100 million. This was achieved by purchasing the neighboring property, transforming his home into a vast Como complex fit for an A-lister.

The property, named Villa Oleandra, is located in Laglio in the Lake Como region. The expansive 25-room estate features an outdoor pool, tennis courts, and even a large garage for George's collection of vintage motorbikes.

Last year, George was the subject of media reports suggesting he had put his massive Italian villa on the market.

However, in a statement to People via his representatives, the star insisted this wasn't the case. George declared: "The first I heard of it was when Page Six published the story," adding: "Everyone picked it up. It's not true."

It's no wonder George wants to stay, as he has previously expressed his deep affection for the home and the area.