Apartment in St Paul's Bay, Malta — 19 bed Apartment Block for Sale — Photo 1
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ApartmentFor Sale

19 bed Apartment Block for Sale

St Paul's BayListed 2w ago
€2,950,000
PriceyFairGood Deal

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19Bedrooms
24Bathrooms
N/AArea
ApartmentType

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Est. Mortgage

€12,457/mo

20% deposit, 4% rate, 25 yrs

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Description

An excellent investment opportunity to acquire a fully furnished block of 11 apartments with fully furnished conditions. 3x three bedroom; 2x two bedroom penthouse; 6x 1bedroom. The property is thoughtfully designed for both comfort and long-term rental potential, featuring air-conditioning throughout, solar panels for improved energy efficiency, and a brand-new lift servicing all levels from ground floor up to the roof (5th floor). Each apartment is well-appointed, offering practical layouts and modern finishes, making the block ready for immediate operation. The inclusion of airspace (subject to confirmation) provides additional development potential, further enhancing the asset’s value. At ground floor level, the property benefits from a commercial shop, adding a valuable income stream. Complementing this is a basement-level storage garage complete with a yard and two additional rooms, ideal for storage, utilities, or further customization.

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