Seafront House with Two Apartments
Unique Seafront Property in the First Line by the Sea – Torre Ovo
We are pleased to offer an exceptional property located directly on the seafront in the heart of the popular coastal resort of Torre Ovo.
This house is situated in one of the most desirable locations in the entire area. Within walking distance, you will find renowned restaurants, bars, cafés, bistros, and ice cream shops. Torre Ovo is a vibrant and highly sought-after tourist destination, offering a unique atmosphere during the summer season and strong demand for holiday rentals.
The property consists of two independent residential units, each featuring a three-bedroom layout with a living room, kitchen, and bathroom, and offering approximately 85 m² of living space. Both units have their own private entrance, creating a wide range of possibilities, such as living in one apartment while renting the other to tourists.
The property also includes a spacious rear courtyard with vehicle access and convenient parking. This outdoor space offers excellent potential for creating a relaxation area, barbecue zone, outdoor kitchen, or even a small in-ground swimming pool according to the new owner’s preferences.
The property is offered in its original condition for 175.000€
The house is fully functional and habitable, with connections to electricity, mains water, and the public sewage system. While all essential utilities are in place and operational, the greatest value of this property lies in its outstanding renovation potential.
In cooperation with our Czech and Italian architects and construction partners, the house can be completely renovated according to prepared architectural visualizations. The estimated total investment, including both the purchase price and renovation costs, is approximately 285.000€. This figure is indicative and may vary depending on the chosen materials, technologies, and scope of work.
A significant advantage is that comparable renovated seafront properties in this location typically achieve market values of €500,000–€550,000 or more.
The balcony offers direct, uninterrupted sea views. Between the property and the sea there is only the coastal road and promenade, with no buildings obstructing the view.
The investment potential of this property is truly exceptional. During the tourist season, one apartment can generate rental income of approximately €300 per night, creating a potential gross income of up to €600 per day when both units are rented.
This property is an ideal choice both as a private seaside residence and as a high-yield investment opportunity. Thanks to its prime location, practical layout, and excellent renovation potential, it represents a rare opportunity on the Southern Italian real estate market.