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€1,595,000

€6,935/m²

Est. €6,689/mo mortgage

Msida, Rental Investment Block of Apartments

Msida, Malta · REF 817267

  • 15bedrooms
  • 14bathrooms
  • 230 m²area

About this property

An exceptional investment opportunity awaits in Msida, featuring a fully furnished apartment block designed for both short and long-term rentals. This prime property boasts 15 bedrooms and 14 bathrooms across 230 sqm, offering a substantial return on investment. The building comprises three studio units, six apartments, and two penthouses, providing a versatile portfolio. Its strategic location places residents amidst a bustling commercial hub, with diverse amenities and major bus routes just steps away. Furthermore, the property is within easy walking distance of the Marina, Junior College, and the hospital. A six-car garage and a Class 4 shop are also included, enhancing its appeal and potential for varied income streams. This freehold property is currently a going concern, ensuring immediate profitability.

Mortgage calculator

€6,689 per month

Fixed 3.8% interest rate, indicative

Stamp duty calculator

Estimated stamp duty

€79,750

  • Standard rate (5%)€79,750

The property is located in Msida

Edward Micallef

Listed by Frank Salt Real Estate

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