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Block of 11 apartments for sale in Qawra

Ref. No: 54819

  • LOCATION: Qawra
  • PRICE:€ 3,700,000.00
  • Longlet: No
  • Property Sale: Yes

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.

About the area: North
North Malta is one of the two main regions of the island of Malta, with the other being South Malta. Geographically, the northern part of Malta is quite diverse, with a combination of rugged cliffs, sandy beaches, and picturesque villages. It's a popular area for both locals and tourists because of its stunning scenery, historical sites, and lively atmosphere.
PRICE: € 3,700,000.00
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