Direct from Owner MARSASCALA Terrace HOUSE WITH STREET LEVEL GARAGE
€ 744,000
Description
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
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
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