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€550,000

€3,354/m²

Est. €2,306/mo mortgage

Commercial Property For Sale in Qormi

Qormi, Malta · REF SCOMBU154210

  • 164 m²area

About this property

Situated in the heart of Qormi's Urban Conservation Area (UCA), this structurally sound ground-floor property measures approximately 191sqm and offers exceptional potential for conversion. In recent years, the property has been used as a retail shop; however, it can easily be transformed into a spacious ground-floor maisonette while retaining its unique character and charm. Upon entering, you are welcomed into the main shop area, which can be converted into a bright and inviting sitting/living room. Two adjoining rooms overlooking the internal courtyard offer the ideal space for a kitchen/dining area, while an additional room can be converted into the main bathroom. The internal courtyard features a traditional well and a rare and highly sought-after "Ghajn" a natural spring where water flows from an underground source, adding a unique historical and natural element to the property. At the rear of the property, a large room currently used as a workshop can be reconfigured into two comfortable bedrooms, with the main bedroom benefiting from an en-suite bathroom. This is a rare opportunity to acquire a versatile property in a prime UCA location, ideal for those seeking to create a distinctive residence while enjoying the advantages associated with UCA properties. Ref: SCOMBU154210 Size: 164sqm

Mortgage calculator

€2,306 per month

Fixed 3.8% interest rate, indicative

Stamp duty calculator

Estimated stamp duty

€27,500

  • Standard rate (5%)€27,500

The property is located in Qormi

PropertyMarket.com.mt

Listed by PropertyMarket.com.mt

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