€985,000
Est. €4,131/mo mortgage
Block of Apartments for sale
Hamrun, Malta · REF 52392
- 28bedrooms
- 28bathrooms
Block of Apartments for sale
Hamrun, Malta· REF 52392
28
bedrooms
28
bathrooms
Apartments
Property type
For sale
Listing type
About this property
- Airconditioning
- Lift
- Furnished
- Roof
- Terrace
- Hotels/Guest Houses
- Apartments
- Rental Investment
- Block of Apartments
- Business
- Commercial
New on the market from our Malta real estate agency is this whole block of apartments with 6 units in Hamrun, constructed and finished in 2019. All apartments have their own Water and Electricity meters. Office has a sub meter for Electricity connected to the Common parts’ 3 phase meter and its own Water meter. There is 1 unit at ground floor level with permit issued for an Office, 1 unit 2 bedroomed and 1 unit 1 bedroomed on both 1st and 2nd floors and 1 unit 3 bedroomed penthouse on the 3rd floor. The owners modified interior layout as follows to accommodate extra bedrooms. Ground floor Office converted into a 2 bedroom + 2 bathroom apartment (sleeps 4) 1st and 2nd floor 2 bedroomed unit added an extra bedroom (now sleeps 6) 1st and 2nd floor 1 bedroomed unit added an extra bedroom (now sleeps 3) Total beds for whole block is 4+6+3+6+3+6 = 28. All Units are highly finished and fully equipped. A/c in almost all rooms in all units. They are all currently rented out and generating a monthly income of €5200. Additionally the Roof of this Block is fitted out with 25 PV panels (8.75kwp). Must be seen!!
Mortgage calculator
€4,131 per month
Fixed 3.8% interest rate, indicative
Stamp duty calculator
Estimated transfer tax
€49,250
- Standard rate (5%)€49,250
The property is located in Hamrun
Jeremy Naser Grech
Listed by Simon Mamo
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