Panoramic penthouse for sale in Monte Argentario

Penthouse for sale in Porto Ercole, Monte Argentario. 154 sqm property to renovate with three bedrooms, two bathrooms, eat-in kitchen, and large terraces. Strategic location near the harbor with elevator, ideal for investment. General Description: In the exclusive coastal setting of the Monte Argentario Promontory, within the renowned and elegant seaside resort of Porto Ercole, lies this majestic detached penthouse. The property is located on the fourth floor of a prestigious condominium featuring a well-maintained shared entrance and served by a comfortable elevator system, a highly rare feature in the urban fabric of the seaside village. The property boasts a commercial internal surface area of 154 sqm and is characterized by extraordinary sun exposure that guarantees excellent natural light throughout the day. Currently, the structure requires renovation, offering a precious opportunity for total customization of environments and materials to create a tailor-made luxury residence in the heart of the Costa d'Argento. Interior Description: The layout of the interior spaces is generous, rational, and divided into 7 well-distributed overall rooms. The living area opens onto a monumental double living room, a high-representation environment ideal for socializing, enhanced by large windows. Next to the living room is a spacious eat-in kitchen, perfect for family lunches and dinners. A hallway leads to the sleeping area, which accommodates three large bedrooms and two full bathrooms. The rooms enjoy open and airy views, and the apartment's layout is highly versatile for contemporary structural changes, such as creating a modern open-space living area or adding dedicated walk-in closets for the master suites. Exterior Description: The property is enhanced by an excellent layout of exclusive outdoor spaces that amplify the home's livability during the summer season. From the double living room, there is direct access to a first large habitable terrace, perfect for hosting outdoor furniture, summer lounges, or open-air dining areas. The sleeping area is served by an additional second private terrace, which offers an intimate, private, and airy view over the town profiles and the surrounding areas, ensuring excellent natural ventilation for all the bedrooms. Main Features: Living space: about 154 sqm Outdoor terraces: 2 large habitable terraces Floor: Fourth (top penthouse floor) Elevator: Yes, present in the building Total rooms: 7 Bedrooms: 3 large bedrooms Bathrooms: 2 full bathrooms Conditions: To renovate Kitchen: Separate eat-in kitchen Heating: Independent methane heating Utilities Details: The penthouse is equipped with independent technological systems that require modernization and replacement in conjunction with the internal renovation works. The heating is independent and powered by methane gas, ensuring optimal and direct management of domestic energy consumption. The water supply and connection to the electrical grid are active and linked to the public distribution networks of the municipality. The presence of the condominium elevator is supported by regular technical maintenance. Uses and Potential: This property represents a blank canvas with extraordinary potential in one of the most exclusive locations on the coastal Tuscany. The large size of 154 sqm combined with the presence of the elevator makes the penthouse ideal both as a luxurious primary residence for a large family or as a prestigious holiday home. The building renovation allows for raising the apartment's energy class, significantly increasing the property's asset value and making it a highly profitable investment in the international market for prestigious seasonal rentals. Local Real Estate Market: The real estate market in the municipality of Monte Argentario, and particularly in the coastal gem of Porto Ercole, is confirmed as one of the most prestigious, exclusive, and stable sectors across the entire national territory. The latest comparative statistical analyses indicate that the average asking price for residential properties for sale in the area stands around €4,702/sqm, with peaks easily exceeding €5,400/sqm for elite typologies positioned on upper floors or equipped with large habitable terraces and an elevator in the center of Porto Ercole. Large penthouses exceeding 150 sqm constitute a true rarity on the local market; purchasing a property to renovate allows for entry at a competitive value, guaranteeing an exceptional commercial gain margin upon completion of the modernization works. Tourist and Historical Information: Porto Ercole is a beautiful village of ancient maritime traditions nestled on the eastern slope of the Monte Argentario Promontory, officially included in the prestigious club of the Most Beautiful Villages in Italy. The town is historically famous for its monumental system of Spanish fortifications built in the sixteenth century during the era of the State of the Presidi, among which stand out the majestic Rocca Aldobrandesca, Forte Filippo, Forte Santa Caterina, and the scenic Forte Stella, a star-shaped fortress dominating the sea. The historical center unfolds in a fascinating network of stone alleys at the foot of the fortress, while the modern part develops around the tourist harbor, a regular destination for yachts and boats of the international jet-set. The locality is tied to the historical memory of the famous painter Michelangelo Merisi, known as Caravaggio, who died here in 1610. Nature lovers can enjoy the pristine beaches of the Duna Feniglia State Natural Reserve and spectacular wild coves lapped by crystal-clear waters such as Le Viste, Cala Galera, and Spiaggia Lunga. Distances: Center of Porto Ercole and Services: 100 m Tourist port and Promenade: 300 m Le Viste Beach: 1 km Cala Galera Marina: 1.5 km Duna Feniglia Natural Reserve: 2.2 km Porto Santo Stefano: 12 km Orbetello (Train station): 6 km Argentario Golf Club: 8 km Grosseto (Provincial capital): 45 km Rome Fiumicino International Airport: 138 km