Hotel Royal Victoria, by R Collection Hotels

An 1834 lakefront palazzo on Piazza San Giorgio, Hotel Royal Victoria holds one of Bellagio's oldest continuously operating hotel addresses — its wrought-iron balconies and frescoed ceilings preserved through four R Collection renovations.

Rooms facing the lake catch direct views across Como's western fork toward the Grigne massif; garden-side rooms trade the panorama for quiet. The spa runs a Turkish steam bath alongside the sauna, and an outdoor pool sits level with the shoreline. Cooking classes and themed dinners run on rotation — less common in Bellagio's mostly passive dining scene.

The piazza address puts the Rockefeller-planted Villa Serbelloni gardens two minutes on foot and the Como–Varenna ferry dock fifty metres from the front steps.