Luxury Guest House

MLS ID
302909

Price
€2,300,000

Michael J Zammit

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Location: Cospicua

This highly successful and charming five-bedroom extravagant guesthouse is located in the heart of the Three Cities and is an attractive investment opportunity. It is a fully converted Maltese Townhouse (c1750) with loads of character, including exposed beams, and a magnificent central staircase. The property’s five individually designed bedrooms are well-appointed with luxurious en suites. The property boasts a fantastic German made Nobilia kitchen, which comes complete with quality appliances including a Smeg American style fridge, a Stoves range cooker, and a Bosch dishwasher. No expense has been spared throughout the property, which includes the latest technology, such as CCTV; fire alarm system; security system; universal wall sockets with USB ports; and an intercom for all floors. The property has a lift and is wheelchair accessible. In addition to the rear courtyard, the property has two roof terraces, boasting panoramic views of Valletta city and the Grand Harbour as well as views as far as Mdina and the distant sea. The guest house is currently operational and generates a stable yield of 4,5% per annum, which is guaranteed for the new investors too. The entire property is priced at EUR 2,300,000 but can also be purchased per apartment at EUR 460,000.

Michael J Zammit

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Amenities & Features

A/C
Seaviews

Marketed by

Michael J Zammit

Michael J Zammit

Joint Owner and Director

T. +356 2010 8077

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