44 COLLABORATORS  AT YOUR DISPOSAL IN THE SECTORS: 

Real Estate Brokerage - Administration Real Estate and Condominiums -  Business -Fiscal Consultancy

Brief History from 1924 to Today

In the early part of the last century, Piazza Grande was the nerve center of Locarno.

It was on the very edge of this square that Oreste Borghi opened the real estate agency of the same name in 1924.

Oreste Borghi was a pioneer of the modern concept of "Property by Storey" or "Condominium" conforming to the new needs expressed by tourists. He was the one who built the first Condominio in Minusio in the early 1960s and created the regulations to manage the communal living of all condominiums who owned one or more apartments in it.

As the years went by, the city of Locarno became an important tourist center, so more and larger buildings began to be built. Condominiums and construction were increasing, the market was booming, and apartments were being sold on "paper." Those were the years of the real estate boom.

When founder Oreste Borghi died in 1972, management of the firm was taken over by his son Silvio. But the real estate crisis was near, the industry stagnated, and Borghi real estate was also affected. After Silvio Borghi's passing in 1983, the agency changed several owners and the name, which became Assofide SA, until it was bought by Giancarlo Cotti in 1993. At that time, Assofide SA consisted of Giancarlo Cotti, as director, Erica Borghi, active in sales, and three other staff members.

Under the new management, Assofide SA was relaunched, restructured, and reorganized in the areas:

Real Estate Brokerage 

Administration Real Estate

Condominium

Business Consulting 

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