Four-Bedroom Country House Set in Scenic Portoferraio
€1,000,000
€4,167/m²
- 4
- Bedrooms
- 240 m²
- Interior
- 220,000 m²
- Plot
- House
- Type
- 3 weeks ago
- Listed
The Habio take
This expansive four-bedroom house offers stunning panoramic views and is set within a protected natural area. Located in Portoferraio on the beautiful island of Elba, this property spans over 22 hectares, presenting a unique investment opportunity.
- investment
- countryside
- retirement
Highlights
- Expansive 22-hectare estate
- Recent approval for renovation project
- Panoramic views in a protected area
- Multiple buildings for various uses
- Ideal for investment opportunities
Worth knowing
- Property primarily suited for investors, not casual buyers
Good fit for: This property is best suited for investors looking for a significant development opportunity.
Lifestyle scores
- Beach
- 70
- Walkable
- 20
- Remote work
- 30
- Family
- 40
- Retirement
- 60
- Airport access
- 50
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
This remarkable property in Portoferraio encompasses four buildings situated in a highly picturesque and panoramic location, primarily within the municipality of Capoliveri and partially in Portoferraio, all located within the protected area of the national park (PNAT).
The total area of the estate measures over 220,000 square metres (22 hectares) and has recently received approval for a comprehensive renovation project. This property stands as one of the most beautiful on the island of Elba and is particularly interesting for investors seeking a unique venture.
Getting around
- Excellent water quality
Nearest beach · Loc. le Grotte
~4 min drive · 2.2 km
Marina di Campo (EBA)
~18 min drive · 15 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Portoferraio, Livorno, Italy
- Nearest airport
- Campo nell'Elba (LI) (EBA)
- 8 km
- Also close
- Pisa (PI) (PSA)
- 100 km
- Nearest city
- Livorno
- 85 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Italy
Italy is open to most foreign buyers under reciprocity rules (EU/EEA buyers always; non-EU buyers from countries with bilateral agreements, which covers the UK, US, Canada, Australia and most major markets). A codice fiscale is required, and a notaio handles the conveyance as a neutral public official. An independent lawyer or geometra is strongly recommended for due diligence.
The €1 home schemes in southern villages are real but come with strict renovation deadlines (typically 3 years) and security deposits.
Non-resident mortgages from Italian banks are available but limited (typically 50–60% LTV).
The prima casa (primary residence) tax rate of 2% requires you to declare residency in the same comune within 18 months of completion — failure means back-taxes plus penalties.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
