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Looks like George Clooney's dream has turned into David and Victoria's dream home!

According to Italian newspapers, the Brits have fallen in love with the Up in the Air star's lakeside Italian villa and Clooney is keen to sell.

But the Beckhams aren't the only one interested in the 30-room Villa Oleandra. Russian vodka billionaire Tariko Roustam is said to have offered $30 million for the place - Posh and Becks have offered $26 million. Still, the famous couple are the favorites to snag Clooney's home.

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So where will George and Elisabetta live?

The Hollywood hunk is rumored to have bought - get this - "a tiny island" on Italy's Lake Como for his ladylove.

Damn, Elisabetta sure is lucky!

A neighbor tells local newspaper Bergamo News that the couple "just fell in love with the island as soon as they saw it." How precious.

Guess this means George wants to sell off his old place so he can move to Loreto Island with Elisabetta!

UPDATE! George Clooney himself now says that both stories are completely false. "I am not buying an island and am not selling my house in Italy. The story was made up, then picked up and now denied. End of another riveting day of false news," he explains. Thanks for the info, George!