Single house with two units and land for sale in Portoferraio – Valle di Lazzaro

Single house for sale in Portoferraio, two apartments, 1000 sqm land. Potential for expansion. Ideal for investment or residence, partially to renovate. General Description: Located in the Valle di Lazzaro area, one of the most peaceful spots in Portoferraio, we offer for sale a two-unit building. This property offers great potential, both for those looking for a family residence or as an investment opportunity. The property consists of: Ground Floor: 40 sqm apartment, with living room/kitchen, one bedroom, and bathroom. First Floor: 70 sqm apartment, partially to renovate, with large spaces and customization potential. The property includes 1000 sqm of land, ideal for creating a private garden, relaxation space, or for growing plants and fruit trees. Additionally, there is expansion potential, making this a unique opportunity for those wishing to further enhance the property. Interior Description: The ground floor apartment is in good condition, consisting of a living area with kitchenette, one bedroom, and a bathroom. The first-floor apartment, measuring 70 sqm, needs some renovation work but offers great potential for customization. Exterior Description: The property is surrounded by a large 1000 sqm plot, a green space that can be used as a garden or relaxation area. Its secluded location allows for panoramic views of the valley and peaceful moments away from the city bustle. Utilities Details: The house has independent utilities, ensuring maximum independence for each unit. The systems are partly functional, but the upper floor requires some updates. Uses and Potential: This property is a great opportunity both as a private residence and as an investment for holiday rentals. The expansion potential and large plot make it highly versatile. The ground-floor apartment is ready to be lived in or rented, while the upper floor offers the chance to create a second custom unit. Market Analysis: The real estate market in Portoferraio is dynamic, with growing demand for larger properties with land. Prices for single houses in this area range between €3,000/sqm and €4,500/sqm, with properties needing renovation offering excellent investment opportunities. Given its expansion potential and proximity to the Elba Island beaches, this property represents a valuable opportunity in the local real estate market. Tourist and Historical Information: Portoferraio is one of the most picturesque towns on Elba Island, known for its historic center and stunning beaches such as Le Ghiaie and Sansone. Elba Island offers a variety of tourist, historical, and natural attractions, making this property ideal for those seeking a peaceful location close to the island’s main points of interest. Distances: Portoferraio Town Center: 5 km Le Ghiaie Beach: 6 km Marina di Campo Airport: 15 km Portoferraio Ferry Terminal: 5 km Capoliveri: 12 km Marina di Campo: 16 km Supermarkets and main services: 3 km