Apartment for Sale in Portoferraio

Apartment for sale in Portoferraio, Elba Island. Three-room flat in excellent condition with terrace, garage and parking space, just minutes from the beach. Ideal as a residence or holiday rental investment. General Description: Located in the town of Portoferraio on Elba Island, this charming 75 sqm apartment is on the second floor of a well-maintained building with a lift. It comprises a kitchen/living area, one single bedroom, one master bedroom both opening onto a balcony, and a bathroom with shower. The property includes an 18 sqm garage and a private outdoor parking space. Sottobomba beach is only 5 minutes away on foot, making this home perfect for living or seasonal use. Interior Description: The interiors are bright and well laid out. The day area includes a spacious kitchen and living zone. Both bedrooms open to a terrace offering natural light and outdoor living. The bathroom is modern and fitted with a shower. The apartment is in excellent condition and needs no work. Exterior Description: The property offers a nice balcony accessed from both bedrooms, ideal for enjoying the island breeze. The building has a lift, and the apartment includes a private 18 sqm garage and a ground-level parking spot. Main Features: Surface: approx. 75 sqm Rooms: 3 Bedrooms: 2 Bathrooms: 1 Kitchen: habitable Terrace: yes Garage: 18 sqm Parking: yes Condition: excellent Elevator: yes Air conditioning: yes Heating: independent Utilities: The flat features autonomous heating and air conditioning, with efficient and compliant systems. Ideal for both residential and seasonal use. Uses and Potential: Thanks to its proximity to the beach and amenities, this apartment is ideal as a main residence, holiday home, or rental investment. High rental demand in summer offers excellent income potential. Local Real Estate Market: Property values in Portoferraio range between €2,930 and €3,740 per sqm, with an average around €3,270 per sqm. Prices remain stable with slight yearly growth. Seaside apartments like this one typically sell for €245,000 to €280,000 depending on location and features. Touristic and Historical Information: Portoferraio, the capital of Elba Island, is renowned for its Medici fortresses, white pebble beaches, and the historical residence of Napoleon Bonaparte. The town features Roman and Renaissance landmarks, including Forte Falcone, the Linguella Tower, and the Palazzina dei Mulini. Sottobomba, Le Ghiaie, and Sansone beaches offer pristine waters and stunning views. Nature trails and marine parks complete the island’s appeal for hikers and nature lovers. Distances: Portoferraio center: 0.5 km Sottobomba Beach: 0.4 km Le Ghiaie Beach: 1.2 km Marina: 0.8 km Ferry terminal: 0.9 km Capoliveri: 12 km Marciana Marina: 18 km Marina di Campo Airport: 20 km Forte Falcone: 0.7 km Villa dei Mulini: 1.0 km