Charming Country House with Project Potential in Rio nell'Elba
€90,000
€1,500/m²
- 60 m²
- Interior
- House
- Type
- 3 weeks ago
- Listed
The Habio take
This country house offers a unique opportunity with a recovery project suitable for those interested in rustic agricultural properties. Located in the picturesque Valle dei Mulini in Rio nell'Elba, it is surrounded by vast land, perfect for those seeking a peaceful retreat.
- countryside
- investment
- renovation
Highlights
- Unique recovery project
- Charming rustic architecture
- Large surrounding land area
- Ideal for agricultural enthusiasts
- Great investment potential
Worth knowing
- Requires restoration
- Limited living space
Good fit for: Best suited for buyers interested in restoration projects and rural living.
Lifestyle scores
- Beach
- 45
- Walkable
- 25
- Remote work
- 40
- Family
- 35
- Retirement
- 50
- Airport access
- 60
- Investment
- 70
- Luxury
- 30
- Value
- 80
About this place
Located in the scenic Valle dei Mulini, this charming country house in Rio nell'Elba is a distinctive mill with a partial recovery project that can be transformed into a habitable space. Spanning 60 square metres, it comes with a vast surrounding area, making it ideal for those with a passion for restoring rustic agricultural properties.
This property represents an excellent investment opportunity, perfect for buyers looking to create a tranquil escape or a project centred around agricultural revival.
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
