Campione d'Italia is an Italian exclave in Lombardy, surrounded by the Swiss region of Ticino.
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Domodossola is the answer! Domodossola is a petite Italian town surrounded by the Alps in the Piedmont region in the northwest of Italy. What makes it special is its location: It is an important railway junction connecting the train routes between Switzerland and Italy.
Lugano, the largest town in the holiday region of Ticino, is not only Switzerland's third most important financial centre and a conference, banking and business centre, but also a town of parks and flowers, villas and sacred buildings.
We were in both Lake Como and Lugano last May and found Lake Como (and the little towns) far more interesting. I've stayed in both and love each. They are different - Como more Italian of course which may make it seem less squeaky-clean than Lugano, an Italian-speaking but thoroughly antiseptic Swiss city.
In France the closest for tourist interests would be Colmar or Strasbourg. In Italy that would be Milan, perhaps Como may be slightly closer. But these are 3-4 hours away each way. Check train schedule with www.sbb.ch.
Carouge is a city that is just a couple of minutes away from Geneva. Because of its strategically convenient location on the river Arve, it was even in the 1st century BC a popular place for bridges, customs facilities and fortifications.
Bellagio. A highlight of any trip to the shores of Lake Como is a day (or two, or three) in Bellagio. Set conveniently between the two southernmost branches of the lake, the town is made up of steep winding paths where pastel-hued houses provide peripheral pops of color.