Convertible Apartment in Portoferraio Near Gravels Beach
€250,000
€3,571/m²
- 1
- Bathroom
- 70 m²
- Interior
- Apartment
- Type
- 3 weeks ago
- Listed
The Habio take
This first-floor apartment spans 70 square metres and features a terrace. Located in Portoferraio, it offers proximity to Gravels Beach and local amenities, making it ideal for both rental investment and personal residence.
- beach
- investment
- walkable
Highlights
- 70 square metre apartment
- Convertible from office to residential
- Terrace included
- Near Gravels Beach
- Recently renovated building
- High rental profitability
Worth knowing
- Currently rented, potential buyers may need to wait for lease expiration
- Conversion to residential may require local authority approval
Good fit for: Best suited for investors or those looking for a property near the beach which can be converted to residential use.
Lifestyle scores
- Beach
- 80
- Walkable
- 65
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 65
About this place
This first-floor apartment in Portoferraio offers a versatile 70 square metres of internal space, currently designated for office use but easily convertible into a residential dwelling. The property includes a terrace and is located near Gravels Beach, providing both a relaxing coastal lifestyle and access to local services.
The apartment is situated in a recently renovated building, with improvements made to both the facade and the roof, ensuring a modern appeal. Currently rented out, it boasts high rental profitability, making it an attractive option for investors. This property presents a unique opportunity for those looking to secure a profitable investment or to create a comfortable home by the sea.
What this place offers
- elevator
- terrace
Where you’ll be
Portoferraio, Livorno, Italy
Exact location is confirmed by the agent on enquiry.
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
