Apartment for Sale in Porto Azzurro

Bright, renovated apartment for sale in Porto Azzurro, with independent entrance and large balcony. Ideal for investment or for residential use, just minutes from the center and the harbor. General Description: In Porto Azzurro, just a few minutes from the historic center and the harbor, we offer for sale a bright and fully renovated apartment with an independent entrance. This property stands out for its convenient and quiet location, ideal for those looking for a residence close to the main tourist and commercial attractions of the town. The apartment is characterized by a large balcony that runs along all rooms, creating a bright and well-ventilated environment. It is also a great investment for seasonal rentals, given its prime location and versatility. Interior Description: The apartment consists of a large living room with an open kitchen and sofa bed, perfect for hosting guests. The sleeping area is divided into two bedrooms: one master bedroom and one single bedroom, the latter currently furnished with a bunk bed, ideal for accommodating multiple guests. The property also includes a bathroom with a laundry area. The apartment offers easy access to a spacious attic, reachable via a hatch, which can be used as additional storage space or potentially as an extra living area. Main Features: Living area: 60-70 sqm (approximate) Bedrooms: 2 (1 master bedroom and 1 single) Bathrooms: 1 with laundry area Living room: Large with open kitchen and sofa bed Balcony: Large, with access from all rooms Attic: Accessible via hatch Independent entrance: Present Ideal for summer rentals or as a permanent residence Energy class: To be verified Market Analysis: Porto Azzurro is one of the most sought-after tourist destinations on Isola d'Elba, famous for its natural beauty, proximity to the sea, and lively local atmosphere. Apartments in central areas like this one, near the harbor and the historic center, generally range in price from €2,500/m² to €3,500/m², depending on the finishes and specific location. Properties with independent entrances and balconies are especially in demand for short-term rentals, with annual returns typically ranging from 5% to 7% depending on the management and seasonality. This apartment, with its prime location and high-quality finishes, represents an excellent opportunity for both residential use and investment. Touristic and Historical Information: Porto Azzurro is a charming town located on the eastern coast of Isola d'Elba. The town features a bustling harbor, beautiful beaches, and a historic center with shops, restaurants, and cafes. The area is ideal for hiking, cycling, and other outdoor activities, while the crystal-clear waters are perfect for snorkeling and diving enthusiasts. Additionally, Porto Azzurro hosts various cultural and folkloric events throughout the year, attracting visitors from all over. Distances: Porto Azzurro Center: 5 min walk Porto Tourist Harbor: 5 min walk Barbarossa Beach: 10 min walk Lido Beach: 15 min walk Portoferraio: 20 min by car Marina di Campo Airport: 30 min by car Tuscan Archipelago National Park: 25 min by car Ghiaie Beach: 20 min by car Historic Center of Portoferraio: 25 min by car Capraia Island (by ferry from Portoferraio): 1 hour 30 min