About This Listing

An exceptional opportunity to acquire a freehold block of apartments in one of Maltas most sought-after investment areas. This exclusive property is being offered as one whole lot, combining residential, commercial, and development potential within a single investment.
The block comprises eleven well-maintained, fully air-conditioned apartments and two penthouses, all served with a lift from basement to roof level. Each unit is finished to a good standard, and the property is further enhanced by the installation of twenty-four solar panels, complete with a compliance certificate. The apartments are currently rented, with tenants vacating within three months should the purchaser so require.
On the ground floor, the property includes a spacious commercial premises measuring approximately 140 feet by 21 feet, complete with rear rooms and toilet facilities. Beneath the building lies a basement garage and storage area of roughly 160 feet by 21 feet, including a yard and two small rooms. The sale also includes the full airspace above the block.
This investment offers excellent rental returns, long-term appreciation potential, and the versatility for future development, with the possibility of adding two additional floors. It would also be ideally suited for conversion into a guesthouse, potentially accommodating up to thirty bedrooms.