Terraced House for Sale in Cavo, Island of Elba

Terraced house for sale in Cavo, Rio, Island of Elba. Historic property with 5 bedrooms, private garden, and sea-view terrace. Ideal for residence or tourist investment. General Description: Located in the picturesque village of Cavo, just 200 meters from the beach, we offer for sale a charming terraced house free on three sides within a historic manor villa of great charm and dominant position. The property offers a large private garden of about 500 sqm, parking spaces, and a spacious terrace with sea views. The proximity to the port and the main services of the town makes this solution ideal both as a main residence and as a tourist investment on the Island of Elba. Interior Description: Access from the garden leads to a large entrance hall that opens into a bright living room with a fireplace, perfect for family relaxation moments. The large dining room is connected to the eat-in kitchen with pantry, offering a convivial space for lunches and dinners. Completing the ground floor is a convenient guest bathroom. The upper floor houses the sleeping area consisting of five bedrooms, one with an en-suite bathroom, and an additional bathroom. From one of the bedrooms, currently used as a study, there is access to a large terrace with panoramic sea views, ideal for enjoying the scenery and the mild island climate. Exterior Description: The private garden of about 500 sqm surrounds three sides of the property, offering an oasis of tranquility and ample space to create relaxation areas or even a swimming pool. The driveway allows for convenient parking within the property. The large sea-view terrace adds significant value, ideal for outdoor dining and convivial moments with friends and family. Utility Details: The property is equipped with all main utilities: water, electricity, and sewage system. The heating is autonomous, ensuring independence in consumption management. The systems are functional but could benefit from updates to improve energy efficiency and comply with the latest regulations. Uses and Potential: Thanks to its strategic position near the sea and the port, this property is ideal both as a main residence for large families and as a prestigious holiday home. The possibility of purchasing the entire villa offers further potential, such as creating an accommodation facility or multiple housing units intended for the tourist market, meeting the growing demand on the Island of Elba. Local Real Estate Market: The real estate market in Cavo, within the municipality of Rio, is characterized by a growing demand for premium properties, especially near the sea. Average prices for residential properties range between €3,000/m² and €4,500/m², depending on location, size, and condition. Historic properties and villas with sea views can reach higher values. In recent years, the Island of Elba has seen increased real estate interest from both Italian and foreign buyers, attracted by the natural beauty and tourist opportunities offered by the area. Compared to other locations on the island, Cavo offers a balance between tranquility and services, making it an ideal choice for real estate investments. Tourist and Historical Information: Cavo is a charming seaside village located in the northeastern part of the Island of Elba, known for being the closest point to the mainland. The village retains the charm of an ancient fishing village, with sandy and pebbly beaches washed by crystal-clear waters. Main attractions include the seaside promenade, ideal for relaxing evening walks, and Monte Grosso, offering trekking paths immersed in Mediterranean vegetation and breathtaking panoramic views. Also of particular interest is the Tonietti Mausoleum, an impressive Liberty-style construction designed by architect Adolfo Coppedè. The Island of Elba, part of the Tuscan Archipelago National Park, offers numerous activities including scuba diving, excursions in the mining parks of Rio Marina, and cultural visits to historic villages like Capoliveri and Portoferraio. The rich food and wine tradition, with typical products like Aleatico wine and local honey, and summer events such as music festivals and fairs, make this location ideal for quality tourism. Distances: Cavo Beach: 200 m Cavo Port (ferries and hydrofoils): 300 m Rio Marina: 7 km Porto Azzurro: 20 km Capoliveri: 22 km Portoferraio: 25 km Marina di Campo Airport: 35 km Piombino (ferries to Elba): 15 km by sea Florence: 160 km via Piombino Pisa: 130 km via Piombino