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Bormla - Townhouses

€390,000
Available From:
Available
Ref No.:
81957
Type:
Townhouses
Bedrooms:
3
SQM:
145
Room:
8
Bathrooms:
3
: 3
: 3
: Bormla
Open Plan
Airspace
Freehold
Unconverted

COSPICUA/BORMLA (UCA) - Tucked away in a peaceful alley in the heart of Bormla, this unconverted Townhouse/House of Character presents an exceptional investment opportunity in the historic Three Cities. Spread over a plot of approx. 85 sqm with a built-up area of around 145 sqm, the property boasts traditional features and immense potential for transformation. A separate cellar with its entrance and well ventilated with an internal yard can be converted into a self-contained one-bedroom semi-basement maisonette, ideal for rental income. The main house currently includes several rooms that can be restructured into a spacious open-plan kitchen/living/dining with a toilet at ground level, a bedroom and bathroom on the first floor, and the potential to build a second-floor bedroom with an ensuite. There is also the possibility of further developing the property by adding another floor. Just a short two-minute walk from the university area of Cospicua, this freehold property is perfectly positioned for a short-let or boutique-style rental investment in one of Malta’s most sought-after heritage zones. Own roof and airspace. Contact your agent for more information/viewings.