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€3,300,000

Est. €13,839/mo mortgage

Block of Apartments

St Paul's Bay, Malta · REF 54819

  • 3bedrooms
  • 2bathrooms

About this property

  • Appliances
  • Kitchen
  • Roof Terrace
  • Airconditioning
  • Lift
  • Commercial
  • Furnished
  • Roof
  • Courtyard / Yard
  • Terrace
  • Residential
  • Rental Investment
  • Block of Apartments

An incredible rental opportunity or possibly open a guest house.  The whole block is to be sold as one.  Located in a great part of Qawra. A.  Flats are only being sold as one whole lot ONLY.  Freehold. Block of 11  Freehold Floor 1 (1A) has a hall, 3 bedrooms,  kitchen/living area, bathroom, spare shower, two small yards, and a front balcony Floor 2 and 3, (2A, & 3A) are as floor one but no yards Floor 1 in the center of block; (1B) has a spacious kitchen/living area, 1 bedroom, a bathroom, and 2 small yards Floor  2 and 3 (2b & 3B) are as floor one but no yard Floor 1 rear of block (1C) has a hall, kitchen/living area, 1 bedroom, small yard, and rear balcony Floor 2 and 3 (2C & 3C) are as floor one but no yard Floor 4 (4A) has a street-facing terraced penthouse consisting of a hall, 2 bedrooms, a kitchen/living area, bathroom, spare toilet, and shower Floor 4  rear penthouse (4B) has a hall, 2 very spacious bedrooms, a bathroom, a spacious kitchen/living area, and a terrace All units are air-conditioned and served with lift from basement to roof level These premises are presently rented out, but with a sale of vacating should the building be sold. They have great rental potential as is, or perhaps as a guest house with the possibility of adding 2 more floors (could have 30 spacious bedrooms and 15 bathroom/shower rooms with toilet) Recently installed, 24 Solar Panels to service the block (with compliance certificate) B.  Air space may be included. C.  Ground floor shop (Approximately 140FT X 21FT) with toilets at the rear and spacious room.   D.  Basement store garage with yard and two small rooms.  (Approximately 160FT X 21 FT)   So much to see and discuss.  Call us to set up an appointment.

Mortgage calculator

€13,839 per month

Fixed 3.8% interest rate, indicative

Stamp duty calculator

Estimated transfer tax

€165,000

  • Standard rate (5%)€165,000

The property is located in St Paul's Bay

Emma Cooper

Listed by Simon Mamo

Listings are aggregated from public sources with attribution. Polite Homes is an independent company. Report this listing

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