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€3,000,000

€1,250/m²

Est. €12,581/mo mortgage

Other for sale in Marsa

Marsa, Malta · REF 851297

  • 0bedrooms
  • 2400 m²area

About this property

An exceptional development opportunity awaits in Marsa. This substantial 2400 sqm airspace parcel is available for sale, offering significant potential for a large-scale project. Positioned above eight spacious street-level garages, the site provides a robust foundation for future construction. Preliminary assessments indicate the feasibility of developing up to 54 residential apartments or commercial office units, catering to a diverse range of market demands. This freehold property presents a rare chance to invest in a prime location with considerable scope for expansion and value creation. Its strategic position in Marsa ensures excellent connectivity and accessibility, making it an attractive prospect for developers seeking to capitalize on Malta's dynamic property market.

Mortgage calculator

€12,581 per month

Fixed 3.8% interest rate, indicative

Stamp duty calculator

Estimated stamp duty

€150,000

  • Standard rate (5%)€150,000

The property is located in Marsa

Luke Mizzi

Listed by Frank Salt Real Estate

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