Full Description
An exceptional opportunity to acquire a beautifully finished corner townhouse in the heart of Sliema, combining traditional Maltese character with contemporary living, established short-let income and significant approved development potential.
Ideally located just minutes from the seafront and within walking distance of Sliema’s renowned restaurants, cafés, retail outlets and everyday amenities, this property is an attractive proposition for both discerning homeowners and property investors.
PROPERTY FEATURES
The townhouse is arranged over multiple levels and features two spacious bedrooms, both complemented by en-suite bathrooms and walk-in wardrobes. The property enjoys four bathrooms in total, including a ground-floor guest bathroom and a dedicated laundry room.
Finished to a high standard, the home boasts impressive high ceilings, air conditioning throughout, a fully equipped kitchen and excellent natural light. Additional highlights include a traditional Maltese balcony, a Juliet balcony and a private roof terrace, offering a blend of character, comfort and outdoor living.
ESTABLISHED SHORT-LET INVESTMENT
Currently operating as a successful short-let accommodation business, the property benefits from an established Airbnb operation, a 4.94/5 guest rating and a full short-let licence, making it an appealing investment opportunity with an existing income-generating setup.
APPROVED DEVELOPMENT POTENTIAL
A key selling point is the existing approved planning permission for an additional floor, creating the opportunity to further enhance the property and its investment appeal.
The approved extension provides for:
A third bedroom
An en-suite bathroom
A walk-in wardrobe
An additional private terrace
A jacuzzi/splash pool
This additional development potential could enhance the property's overall appeal, subject to the approved plans and applicable conditions, while offering scope to increase its future rental income and capital value.
A rare opportunity to acquire a characterful corner townhouse in one of Malta’s most sought-after locations, offering a combination of freehold ownership, established short-let operations and approved expansion potential
Read more