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№ 1,912,463
  1. Overseas property
  2. Malta
  3. Kormi
  4. Houses, villas, cottages
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Qormi, Needs refurbishment Palazzo/ Palazzino

4,500,000 €
5,000,000 €
  • Total area
    650 m²
  • Land area
    1,000 m²
  • Bedrooms
    6
  • Bathrooms
    4
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Features
  • Balcony or terrace
  • Garden
  • Car parks

A property with an extensive gorgeous garden in the heart of Malta. Has an imposing wide facade stretching on two roads with various open and closed balconies overlooking a charming piazza.

Set on a footprint of approx 1000 m² with 750 m² of beautiful gardens filled with mature trees.

The internal area of the Palazzo is stunning with many afrescos and period design features. Includes a garage, has three separate entrances, a large well, a large courtyard and many more extras.

Viewing is a must to appreciate this stunning property and it's impressive grounds!

Would make a great home, Embassy or Boutique Hotel.

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 Kormi elsewhere on our website.

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    Ekaterina Maslova
    Ekaterina Maslova,
    Senior Residence and Citizenship Advisor
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    How to buy property with Tranio
    Enquiry

    Send us an enquiry with an approximate description of the property or investment project you’re interested in.

    Meeting the partners

    After clarifying your enquiry, we will introduce you to our partners and/or local agents.

    Offer selection

    We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

    Viewing tour

    You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

    Transaction closure

    Having chosen the best property, you will sign the sales or investment agreement (for development).

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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.

    • How does the purchase procedure work?

      The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

    • 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.

    • How does Tranio make money if your service is free for the clients?

      We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

    • Who guarantees the transaction security?

      The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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