Apartment for Sale in Portoferraio

Apartment for sale in Portoferraio. Over 100 sqm with large living room, two bedrooms, and two bathrooms. Panoramic view of the Darsena. Ideal as a primary residence or tourist investment on Elba Island. General Description: Located in the heart of Portoferraio’s historic center, this spacious apartment of over 100 sqm is set in an elegant building equipped with an elevator. The property features a large living room overlooking the Darsena, a functional kitchen, two bedrooms, and two bathrooms. The apartment is in good condition but could benefit from some modernization work. Its central location and sea view make it ideal both as a main residence and as an investment for tourist rentals. Internal Description: The apartment offers bright and well-proportioned rooms. The large living area with Darsena view is perfect for relaxing or entertaining. The eat-in kitchen is practical and well laid out. Both bedrooms are spacious and well-lit. The two bathrooms, though in decent condition, could be updated to enhance comfort and efficiency. External Description: The property includes a balcony with panoramic sea views over the Darsena, ideal for outdoor relaxation. The building is elegant and located in a prime position within Portoferraio’s historic center, with the convenience of an elevator. Main Features: Area: over 100 sqm Bedrooms: 2 Bathrooms: 2 Balcony with sea view Building with elevator Option to purchase the upper floor Utility Details: The apartment features autonomous heating, ensuring independence and control over energy consumption. Although the systems are functional, they could benefit from upgrades to improve energy efficiency. Uses and Potential: Thanks to its prime location in the historic center and stunning sea view, this apartment is ideal as a main residence or holiday home. Its proximity to Elba’s major points of interest also makes it an excellent opportunity for tourist rental investment. Local Real Estate Market: As of March 2025, the average listing price for residential properties in Portoferraio is €3,671 per square meter, marking a 4.62% increase from March 2024. This is significantly higher than the provincial average of €2,409 per square meter. The demand for real estate in this area is strong, driven by its appeal as a tourist destination and the scenic beauty of Elba Island, making Portoferraio a desirable choice for both primary and secondary residences. Tourist and Historical Information: Portoferraio is a captivating town on Elba Island, known for its historic center, Medici fortifications, and Napoleonic residences. Key attractions include the Villa dei Mulini, Napoleon’s winter residence, and Villa San Martino, his summer retreat. The Darsena harbor is surrounded by historic buildings and offers picturesque sea views. The town also serves as a gateway to the Tuscan Archipelago National Park, which encompasses Elba and the surrounding islands. Distances: Spiaggia delle Ghiaie: 0.5 km Villa dei Mulini: 0.6 km Portoferraio tourist harbor: 0.3 km Villa San Martino: 5 km Tuscan Archipelago National Park: 1 km Marina di Campo Airport: 10 km Capoliveri: 15 km Marciana Marina: 16 km Rio Marina: 18 km Piombino (ferry terminal): 10 km