Apartment in Floriana, Malta — Apartment in Floriana — Photo 1
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ApartmentFor Sale

Apartment in Floriana

FlorianaListed 04 Nov 2024
€900,000
PriceyFairGood Deal

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2Bedrooms
2Bathrooms
N/AArea
ApartmentType

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Est. Mortgage

€3,800/mo

20% deposit, 4% rate, 25 yrs

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Description

An apartment block in Floriana which is going to be sold as a building in shell form, consisting of 3 x 1-bedroom apartments, and 1 x 1-bedroom penthouse, thus having a total of four (4) official residential units. All units are very comfortable in terms of size, with the 1-bedroom apartments having a total of 64sqm each, whilst the penthouse enjoys an internal area of 46sqm plus an additional 25sqm of external space. It is important to note that the penthouse will enjoy very good views of the Grand Harbour, as well as clear side views stretching up to Castille Square in Valletta.

A passenger lift is also approved within the proposed drawings, that goes all the way from the ground floor up to the penthouse level. It is also important to note that there are no steps whatsoever when coming in to the building from the street, so the building can be made fully-accessible.

The building is currently undergoing structural works in order to replace damaged ceilings, construction of the penthouse, as well as other building alterations that are required, to have the property ready in accordance with the approved permit. All construction works are scheduled to be complete by the end of January 2025.

It an ideal investment both for long-lets as well as short-lets.

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