1 Bed Apartment for sale
Sliema, Malta, Malta
£2,485,217 *
[€2,900,000]
Full Description
A whole block in a prime location in Sliema consisting of 6 apartments of approx. 165 sqm each. There is an underlying garage which can accommodate 4/5 cars in spaces. We are selling the block together with its relative airspace. The site measures approx. 200 sqm and has a frontage of about 27/28 feet. The apartments are usually rented out on long term leases at an average rent of euro 1,500 per month. They are very much in demand given the location and have been occupied without interruption. Short let (airbnb-type) of letting would attract a rent of about euro 120/150 per day per apartment. The property as a whole is well maintained by our full time maintenance team, and the existing fixtures (such as kitchen, bathrooms, etc) are in good order. Great potential to develop further.
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