Apartment for Sale in Rio Marina

Apartment for sale in Rio Marina, Elba. Spacious and bright, to renovate, with views of the Rio Marina port, Palmaiola Island, and the countryside. Also great as an investment for summer rentals. General Description: Located on the third floor of a prestigious and restored condominium in the charming alleys of Rio Marina, this spacious apartment offers extensive renovation potential. Currently consisting of a living room, two double bedrooms, a bathroom, and a kitchen, the property lends itself to various renovation possibilities. The apartment features two large exposures with views over the rooftops, Rio Marina port, and Palmaiola Island, as well as two exposures towards the surrounding countryside. There is also the possibility of creating a large balcony with a sea view, enhancing the property’s appeal. This apartment is also an excellent investment for summer rentals. Interior Description: The apartment features well-distributed and spacious areas, with a bright living room and two double bedrooms. The kitchen and bathroom, while functional, require renovation. The current layout offers several options for renovation to further enhance the space. Exterior Description: The condominium is in a prime location with panoramic views over the rooftops of Rio Marina, the port, and Palmaiola Island. The possibility to create a large sea-view balcony adds extra appeal to the property. The exposures to the surrounding countryside provide tranquility and privacy. Utilities Details: As the apartment requires renovation, it provides the opportunity to update the utilities to suit personal needs. Currently, the property needs work to improve energy efficiency and comfort. Uses and Potential: This apartment is ideal both as a primary residence and as an investment for summer rentals, due to its strategic location and the potential to create a sea-view balcony. Customized renovation could significantly increase the property's value and attractiveness. Local Real Estate Market: The real estate market in Rio Marina and the island of Elba offers a variety of opportunities for residential purchases and investments. Prices for residential properties generally range from €2,000/m² to €4,000/m², depending on location and features. Apartments with sea views and renovation potential are particularly sought after, especially for summer rentals, which helps maintain stable prices. Tourist and Historical Information: Rio Marina is a charming location on the island of Elba, known for its picturesque port and beaches. Palmaiola Island, visible from the apartment, is a significant natural attraction. The area also offers hiking trails and opportunities for water sports. Rio Marina is an excellent starting point to explore the wonders of Elba Island and its historical traditions. Distances: Rio Marina Center: 0.5 km Rio Marina Train Station: 1 km Rio Marina Port: 0.5 km Portoferraio Airport: 20 km Florence: 140 km Pisa: 120 km Siena: 160 km Lucca: 130 km Elba Island Beaches: 0.5 km Tuscan Archipelago National Park: 10 km