Hotel Olivedo Varenna
by the TopOfHotel team
Hotel Olivedo is a 130-year-old lakefront hotel from 1896 with the best home-made breakfast on the lake and a location that puts the ferry, the train and the Lovers Walk all within a few minutes
Hotel Olivedo is a 130-year-old lakefront hotel from 1896 with the best home-made breakfast on the lake and a location that puts the ferry, the train and the Lovers Walk all within a few minutes
In-Depth Review
Hotel Olivedo Varenna opened in 1896 and is still run by the same Italian family — a clean white stone building sitting straight on the Lake Como waterfront. On Booking.com, couples rate the location 9.8/10, the highest in Varenna, and the overall score lands at 9.0/10 across several hundred guests. The phrase that comes up again and again in reviews is a feel you don't get anywhere else — a building over 130 years old, balconies over the lake, and a breakfast many call the best of the whole trip. This is the kind of place where most guests write that they'll come straight back next time they're on the lake.
Rooms and decor
Rooms in the 19th-century building keep a classic Italian look — dark wood furniture and heavy curtains that lean romantic rather than minimalist. Many have a private balcony opening onto Lake Como and the Alps behind, and reviewers describe them as clean and old-style but very comfortable. Every room has air-conditioning, a flat-screen TV and free Wi-Fi. The rooms that face the pier have the best views but can catch the early ferries, so light sleepers should ask for a higher floor or an inside-facing room — you trade a little of the view for a quieter morning.
Food and amenities
The feature guests talk about most is the home-made breakfast — croissants baked fresh every morning, Parma ham with Lombardy cheese, boiled eggs, bread, and free-flowing cappuccino. More than a few reviews say it beats the breakfast at hotels charging twice as much, and that it was the part of the day they wanted to stretch out longest. There's no pool and no spa here, so set expectations around character rather than facilities — but the lakeside restaurants of Varenna are all within walking distance. The team draws steady praise for being helpful and for pointing guests toward the right local walks and day trips.
Location and getting there
The location is excellent for Varenna: the ferry pier is 200 m away, and Varenna-Perledo station, with direct trains to Milan Centrale in about an hour, is a short walk. That makes it an easy base for doing Bellagio (a 15-minute ferry across the water), Menaggio, and a day trip into Milan all from the same room. The Varenna Lovers Walk, the prettiest lakeside path on Lake Como, starts right outside the door, so the first stroll of the day takes no planning at all.
Things to know before booking
Three honest caveats. The pier-facing rooms carry early-morning boat noise — ask for an inside-facing room if you're a light sleeper. There's no pool and no spa, so this is a stay for people who want a real family-run heritage hotel rather than a full-service resort. And like most of the lake, the hotel closes for winter (roughly November to March), while parking in tiny Varenna is tight — confirm directly if you're driving in.
Our take
Hotel Olivedo suits couples and travelers who love a genuine slice of Italian history — especially anyone who rates a great breakfast, a location next to both the ferry and the train, and the feel of a real family-run hotel over chain polish. At rates starting around $230 a night, it lands well above its price for the experience you get, and the 9.8/10 couples' location score tells you exactly why people keep coming back.
Score Breakdown
Assessed by our editorial team from data and real guest reviews
The Honest Verdict — pros & what to know
- The home-made breakfast is the best in this group — croissants baked fresh each morning, Parma ham, Lombardy cheese, boiled eggs, bread and free-flowing cappuccino. Reviewers repeatedly call it the meal they lingered over longest.
- Excellent location: 200 m to the Varenna ferry pier and a short walk to Varenna-Perledo station, where direct trains reach Milan Centrale in about an hour.
- A 19th-century building with genuine character — many rooms have private balconies looking straight out over Lake Como with the Alps behind.
- Warm, family-run atmosphere that has carried on since 1896; the team draws consistent praise for being helpful and for steering guests to the right local spots.
- The Varenna Lovers Walk, the prettiest lakeside path on Lake Como, starts right outside the door, and ferries put Bellagio 15 minutes across the water.
- Rooms facing the ferry pier have the best views but catch boat noise in the early morning — ask for an inside-facing or higher-floor room if you wake easily.
- Fewer amenities than newer hotels: there is no pool and no spa, so this is a stay built around character and location rather than facilities.
- Like most hotels around Lake Como, it closes for winter (roughly November to March), and parking in tiny Varenna is tight — confirm directly if you are arriving by car.
Who It’s For
Match Score by travel style
Amenities
Location & Nearby Spots
Insider Tips
- If you wake easily, ask for an inside-facing room away from the ferry pier — the early-morning boats can carry a bit, while the lake-view rooms still get the full view.
- Use the hotel as a base for day trips — the train to Milan Centrale takes about an hour, so you can head into the city in the morning and be back for an aperitivo on the lake by evening.
- Take time over breakfast rather than rushing out: the fresh croissants and free cappuccino are the part regulars say they miss most, so build it into the morning.