Apartment for Sale in Rio Marina

Discover this unique apartment in Rio Marina, perfect for those looking for a ready-to-move-in home or an investment for summer rentals. Just steps from urban conveniences and the natural beauty of Elba Island. General Description: Located in a picturesque pedestrian alley in Rio Marina, this apartment, originally a studio now converted into a two-room space with a drywall partition, offers a cozy and functional atmosphere. Featuring a fully equipped open-plan kitchen, dining area with a fireplace for grilling, and a 38 sqm terrace, the property overlooks a communal citrus grove, providing an outdoor space to enjoy the island's mild climate. Interior Description: The apartment has an open-plan kitchen with modern appliances, a spacious living room with a bunk bed, and a separate bedroom created with a drywall partition, featuring a double bed and a spacious wardrobe. The windowed bathroom is fully equipped with a shower. The furnishings included in the sale make the apartment ready to be inhabited immediately or put on the rental market. Exterior Description: Access to the apartment is through a pedestrian alley that ensures tranquility and privacy. The common outdoor area, enhanced by a citrus grove, offers an ideal space for relaxing and socializing outdoors. Uses and Potential: This apartment represents an excellent opportunity both as a private residence and as an investment for summer rentals, thanks to its advantageous location and proximity to the main tourist attractions of Elba Island. Market Analysis: The real estate market in Rio Marina has seen an increase in property values, with an average price of 3,550 euros per square meter in 2023, marking a 23% increase compared to previous years. A 50 sqm apartment has an average price of 214,776 euros, with a 1% increase over the previous period. Tourist and Historical Information: Rio Marina, with its rich mining past, offers attractions such as the Elba Island Mining Park and enchanting beaches like Cavo Beach and Topinetti Beach. The locality is immersed in a natural setting of rare beauty, ideal for lovers of history and nature. Distances: City center: 0.5 km Marina di Campo Airport: 25 km Topinetti Beach: 2 km Mining Park: 0.8 km Cavo Beach: 5 km Rio Marina Port: 1 km Capoliveri: 15 km Portoferraio: 20 km Ortano Beach: 3 km Capo d'Arco: 10 km