Apartment in Rio (Cavo) for Sale: Bright Apartment with Sea View Garden

Just 500 meters from the beautiful beach of Cavo, this bright apartment with a sea-view garden is now for sale. Situated in a peaceful yet well-serviced area, this property is ideal for those seeking a home near the sea, surrounded by nature, but conveniently close to all essential services. Spacious Interiors with Expansion Potential The apartment features a living area with an open kitchen, one double bedroom, one bathroom, and a large entrance that can easily be transformed into a second double bedroom. Both the living room and the bedroom open onto a balcony with a sea view, creating bright spaces with panoramic views. Additionally, approved permits are in place to expand the balcony into a full terrace, perfect for enjoying summer evenings outdoors. Private Garden and Outdoor Storage The property includes a 200 sqm garden, perfect for relaxing and hosting outdoor meals with a built-in barbecue and an external shower. The garden also has a motorbike entrance and a small 7 sqm storage room currently used as a laundry area, offering extra storage space. Option to Purchase Ground Floor Property A unique feature of this property is the option to exercise pre-emption rights or purchase the ground floor apartment’s freehold, expanding the available living space even further. Easy Access to Services and Recent Renovations The apartment is located just a few hundred meters from the port, ferry dock, and main services of Cavo, making it an ideal solution for those looking for a second home by the sea or a tourist rental investment. Recently renovated, the property is equipped with air conditioning and a heat pump, ensuring comfort year-round. Parking is conveniently available right outside the building. Market Analysis: Cavo, Rio, and the Local Real Estate Market The real estate market in Cavo is experiencing growth, thanks to its strategic location near the sea and the main ferry connections to the mainland. Apartments with gardens and sea views, like this one, are priced between €2,700/sqm and €3,500/sqm, with high demand for recently renovated properties. The possibility of expanding the balcony and purchasing the ground floor freehold increases the value of this property, making it an excellent choice as either a private residence or a tourist rental investment. Touristic and Historical Information Cavo is one of the most charming locations on Elba Island, known for its fine sandy beaches and crystal-clear waters. Its position offers quick access to Portoferraio and other island destinations, as well as convenient connections to the mainland. Its proximity to nature trails and historical sites makes it an ideal destination for nature and culture lovers. Distances from Main Points of Interest: Cavo Beach: 500 m Cavo Port: 600 m Rio Marina: 7 km Portoferraio: 30 km Capoliveri: 27 km Cala Seregola Beach: 6 km Marina di Campo Airport: 40 km Piombino Port (ferries): 12 km Tuscan Archipelago National Park: 35 km Pisa: 130 km