This website uses cookies. By using this website you agree to our terms. This website uses cookies, learn more
add listing

Direct from Owner MARSASCALA Terrace HOUSE WITH STREET LEVEL GARAGE

€ 744,000

Description

Is this really the owner ?

This seller has indicated that they own this property. If this is incorrect, let us know.

Modern Townhouse, newly built and tastefully finished by present owner.
Original layout consist of 3 bedrooms, 3 bathrooms (one ensuite), living area,
kitchen, 3 balconies, spacious terrace and street level 2 car garage with backyard
and bathroom.
It is located in the historic centre of this charming village, just 3 minutes away
from the main promenade, with easy access to everything - bus stop, beaches,
promenade, restaurants, etc.
Recently, this house was converted into 4 separate apartments, on top of each
other, and the present layout consists of 3 one bedroom apartments and one
studio penthouse with terrace.
The location of this house makes it an excellent money making opportunity, and
total rents from the 4 units amount to circa 45000 euros per year (accounts
available for viewing)
The conversion was done using gypsum divisions, as such, the house (or parts of
if) can be restored easily to its original layout.
As such, for example, the top 2 floors can be amalgamated into one duplex
apartment with terrace, and the other 2 floors used to keep renting out.
Marsascala’s popularity is ever increasing, and properties in the area made a lot
of gains in the last years because of its beautiful location and letting potential. Not
to mention its proximity to the airport
(20 mins) and smart city (15 mins). This has resulted in an ever increasing
demand for rental properties around this area.
The property is split as follows:
Call on 99 000 284

Other Details

Terraced HouseMarsascalaFurnished
4YesNo

Item Details

9799256
1029
Property For Sale
03/08/2024

Featured Listings

sell faster!

make your listing featured and get 10x more viewers

more
  FEEDBACK