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€1,000,000

€10,000/m²

Est. €4,194/mo mortgage

Senglea, Shell form Maisonette

Senglea, Malta · REF 620615

  • 18bedrooms
  • 18bathrooms
  • 100 m²area

About this property

Nestled within Senglea's historic urban conservation area, this unique offering comprises two distinct maisonettes. With a combined footprint of approximately 100 square meters, the property is primed for transformation. Full planning permits are already secured for conversion into a Class 3A guesthouse, featuring a total of 18 rooms. Each of these rooms is designed to include en-suite facilities, with a significant number boasting superb sea views. This presents an exceptional investment opportunity within the Three Cities, promising an attractive return for those looking to capitalize on Malta’s thriving hospitality sector.

Mortgage calculator

€4,194 per month

Fixed 3.8% interest rate, indicative

Stamp duty calculator

Estimated stamp duty

€50,000

  • Standard rate (5%)€50,000

The property is located in Senglea

Edward Micallef

Listed by Frank Salt Real Estate

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