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€400,000

€3,101/m²

Est. €1,677/mo mortgage

Retail / Shops / Clinic for sale in Paola

Paola, Malta · REF 89544

  • 0bathrooms
  • 129 m²area

About this property

Situated in Paola, this 129 sqm commercial property presents a compelling investment opportunity. The premises, currently an unconverted garage/store, come with approved permits for transformation into a childcare centre. Located within an Urban Conservation Area (UCA), the initial sale benefits from tax exemption, enhancing its appeal for both investors and potential operators. This established planning consent significantly streamlines the development process, mitigating typical delays and uncertainties associated with permit acquisition. The property is ideally positioned to capitalise on the notable demand for childcare facilities in the area, promising considerable potential for capital growth. This asset offers a distinctive chance to acquire a commercially viable space with advantageous tax incentives.

Mortgage calculator

€1,677 per month

Fixed 3.8% interest rate, indicative

Stamp duty calculator

Estimated transfer tax

€20,000

  • Standard rate (5%)€20,000

The property is located in Paola

Zanzi Homes

Listed by Zanzi Homes

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