10-bed Villa in Portoferraio
€1,250,000€2,083/m²
10
bedrooms
5
bathrooms
600 m²
interior
10,000 m²
plot
Villa
property type
1 week ago
listed
About this place
Ref. 185 - Villa of about 600 square meters. including terraces, built on a plot of about 10,000 square meters just 200 meters from the sea. It consists of 5 double bedrooms, each with bathroom, wardrobe, independent entrances and private terrace; 3 large communicating rooms, a dining room for 20 people, a kitchen, a laundry room, two outdoor storage rooms and an independent house of about 50 square meters with kitchen, living room, double bedroom, bathroom and private terraces. The villa was built in 1980, can also be divided into several apartments and is suitable for meeting the needs of a luxury B&B. It is possible to build a swimming pool. The villa is sold partially furnished; it was built with high-quality materials from Impruneta terracotta to Tuscan tiles; the terraces are equipped with barbecue and wood-fired oven, outdoor showers, pergolas with strawberry grape vineyard, fully equipped kitchen, cellar with fridge, freezers, etc. and large laundry room. As is evident, it is a property of great value, already lowered in the original price, no longer negotiable, so please refrain from being curious and wasting time. It is currently an excellent real estate deal with very high demonstrable rental profitability. In case of concrete interest, further information and documentation will be sent.
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
