This is a Faller kit of a modern style house that was first produced by Faller in 1961.
It is described as "A typical country house from the South with most modern architecture". The design was based on a house in Ambri located along the Gotthard–Lugano road.
The kit was built from 106 individual parts.
Catalogue refernce: 109271 B-271 Villa in Tessin
This kit is still available on the Faller website.