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5 Bed Townhouse for sale

Cospicua, Malta, Malta

£429,607 *  [€498,000]

5 Bed Townhouse for sale

Cospicua, Malta, Malta

£429,607 *  [€498,000]

Property Details


  • Bedrooms: 5
  • Bathrooms: 1

Features


  • Balcony
  • Air conditioning
  • Back Yard
  • Town views

Full Description


A rare opportunity to purchase a corner TOWN HOUSE with development potential located within the harbour fortifications and in the vicinity of the historic Margerita Lines. Property has four entrances, a total footprint of approximately 130sqm and a total gross area of 322sqm. Property not only offers potential to be converted into a 5 bedroom home with own roof and airspace, but it also provides potential investors with a possibility to convert it into a 117sqm 2 bedroom ground floor Maisonette with a yard, 109sqm 2 bedroom first floor apartment, 101sqm 2 bedroom second floor apartment and a 94sqm roof terrace. Another option could be to develop 4 smaller units targeting short-lets. Additionally, the location offers great potential for short and long term rentals due to its historic importance and vicinity to the waterfront, thus all units can potentially achieve a good return on investment. A very interesting and unusual project. Plans are available.

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