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Cospicua, Fully Furnished Townhouse

3,500,000 €
  • Total area
    217 m²
  • Land area
    252 m²
  • Bedrooms
    5
  • Bathrooms
    6
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Features
  • Balcony or terrace
  • Furnished
  • Swimming pool
  • Garden
  • Sea view

Beautifully restored wide-fronted TOWNHOUSE located in a quiet area in a quaint and charming town boasting plenty of history and traditional buildings.

The owners have meticulously converted this house over the last decade, paying extreme attention to detail and undergoing a painstaking restoration to bring it back to its former glory. A number of old features complement this property, including wooden beams, flagstone flooring, traditional Maltese balconies, stone slab ceilings and many more.

The property boasts several treasures, a grand entrance, fully fitted kitchen, formal dining room, functional stone carved fireplace, 5 huge double bedrooms and gorgeously finished bathrooms, as well as a study, drawing room and library. The house is also centred around an extremely attractive central courtyard with a covered area leading down to a vast wine cellar that dates back to the early 1800s. The roof terrace is one of the most attractive features, measuring approximately 100 m² and incorporating a tanning deck, BBQ area, gazebo, kitchenette and a spacious swimming pool (circa 7m x 3m) with amazing views, making it a perfect space for entertaining. Not a penny has been spared in restoring this gorgeous townhouse, with meticulous care given to ensuring that all traditional aspects are maintained.

This property is being sold as ready to move into and would make a perfect home for a client that appreciates Maltese history and architecture, not only as a family home, but as a boutique hotel or guest house.

Must definitely be seen to appreciate it’s true beauty!

Extra opportunities

We can help you get a permanent residence when buying a property worth €300,000 or more.

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More properties

If this property wasn’t for you, take a look at other houses for sale in Malta.

You can see more houses for sale in Bormla elsewhere on our website.

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      FAQs
      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

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      • Who guarantees the transaction security?

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