Apartment for Sale in Portoferraio

Apartment for sale in Portoferraio, Elba Island. Located on the top floor of a historic building with views of Piazza Cavour, featuring a living area, kitchen, bedroom, small bedroom, bathroom, and loft. Renovated in 2005 with additional storage. General Description: Located in the historic center of Portoferraio, this charming apartment is situated on the third and top floor of a building with only six units, offering stunning views of Piazza Cavour. The property, renovated in 2005, features a cozy living area with a kitchenette, a spacious master bedroom, a small bedroom, a modern bathroom with a shower, and a small loft. Additionally, the apartment includes a cellar on the raised floor. The central location ensures easy access to local amenities, shops, and historical sites, making it a perfect choice for those looking to immerse themselves in the rich history and vibrant atmosphere of Portoferraio. Interior Description: The apartment features a well-organized layout with functional spaces. The living area, combined with the kitchenette, is designed to maximize space while offering a comfortable environment for daily living. The master bedroom provides ample room, while the small bedroom is ideal for guests or as a study. The bathroom, renovated with a modern shower, is designed for convenience. The small loft adds a unique architectural touch, offering additional storage or versatile use. Exterior Description: As the apartment is located on the top floor, it offers unobstructed views of the historic Piazza Cavour. The building’s historic facade complements the apartment's classic charm. The property also benefits from the proximity to local landmarks, shops, and cafes, enhancing the living experience. Utilities Details: The apartment, renovated in 2005, is equipped with modern amenities and utilities. Heating and other essential services are in place, ensuring comfort throughout the year. The well-maintained condition of the property reflects its readiness for immediate occupancy. Uses and Potential: This apartment is ideal for those seeking a residence in the heart of Portoferraio, with easy access to historical sites, local amenities, and cultural attractions. It is also a great opportunity for investment, particularly for vacation rentals given its central location and appeal to tourists. Local Real Estate Market: In Portoferraio, the real estate market for historic apartments shows a range of prices from approximately €2,500 to €4,000 per square meter. The market has been stable with a gradual increase in property values due to high demand for historical and centrally located properties. Compared to other areas on Elba Island, Portoferraio offers a competitive market with opportunities for both residential and investment purposes. Recent trends indicate a steady rise in property values as interest in Elba Island continues to grow, particularly for properties that offer historic charm and central locations. Tourist and Historical Information: Portoferraio, the largest town on Elba Island, is known for its rich history and beautiful landscapes. The town features historic sites such as the Medici Fortress and the Villa dei Mulini, which was Napoleon Bonaparte’s residence during his exile. Portoferraio's historic center is characterized by charming streets, piazzas, and numerous shops and restaurants. The island is renowned for its beautiful beaches, such as Spiaggia di Padulella and Spiaggia delle Ghiaie, and offers a range of outdoor activities including hiking, diving, and exploring ancient ruins. The central location of the apartment provides easy access to these attractions, enhancing its appeal for both residents and visitors. Distances: Elba Island Port: 1 km Portoferraio Historic Center: 0 km Spiaggia di Padulella: 2 km Villa dei Mulini: 1 km Medici Fortress: 0.5 km Portoferraio Ferry Terminal: 1 km Elba Airport: 15 km Spiaggia delle Ghiaie: 1.5 km Napoleon's Residence: 1 km Capoliveri: 12 km