Spacious 5-Bed Apartment for Renovation in Central Rio
€189,000
€1,260/m²
- 5
- Bedrooms
- 1
- Bathroom
- 150 m²
- Interior
- Apartment
- Type
- 3 weeks ago
- Listed
The Habio take
This expansive 5-bedroom apartment, spanning 150 square metres, offers the unique advantage of being divisible into two separate units. Located in the heart of Rio, Livorno, it boasts a panoramic view and potential as a B&B.
- investment
- renovation
- city
- historic
Highlights
- Five bedrooms
- Two independent entrances
- Panoramic location
- Potential for B&B
- Ample parking nearby
Worth knowing
- Renovation needed
- Split-level layout may require careful planning
Good fit for: Ideal for investors or those looking to create a spacious family home.
Lifestyle scores
- Beach
- 0
- Walkable
- 65
- Remote work
- 50
- Family
- 60
- Retirement
- 55
- Airport access
- 40
- Investment
- 70
- Luxury
- 50
- Value
- 80
About this place
This property of approximately 150 square metres is distributed over several levels and features two separate and independent entrances. It is partly in need of renovation and can easily be divided into two sizeable apartments, making it a versatile investment opportunity.
In addition to the main living space, there is a small outdoor building with a cellar that also requires renovation. The location is central and offers a panoramic view, enabling easy access to nearby amenities and attractions. There is ample parking available in the immediate vicinity, enhancing its practicality. This property would suit a buyer looking to invest in a B&B, with five rooms available for renovation.
Where you’ll be
Rio, 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
