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Guest House

Cospicua (Bormla), Malta

€1,350,000

Ref: SGHO50620

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Property Description

Exclusive Property for Sale!

Fantastic investment with immediate cash return! ( Running Business )

Located in one of the most historically rich towns of Malta, situated just 5 minutes away from the Birgu Waterfront and its lovely marina, comes this beautifully restored 5-bedroom traditional TOWNHOUSE which dates back to the 18th century and boasts multiple old features while incorporating 21st century comforts and hi-tech convenience.

The ground floor layout consists of an original marble floor entry, leading to a formal dining room, followed by a high-end stylish new kitchen with a full range of quality appliances. Levels 1 & 2 boast 4 generous sized bedrooms (all with en suites) and all are individually designed to a 5*****star standard, inclusive of king-sized beds, 40” Smart TV’s, minibar and custom made soft furnishings. The fifth bedroom also with an en suite shower is located on the 3rd level.
At basement level one can find the sitting room along with a very spacious wine cellar within the original well. Two traditional Maltese balconies adorn the façade, along with the property having two roof terraces and a rear courtyard as well.

The property is also equipped with 7 individual air-conditioners, a CCTV system, an intruder alarm, a state of the art fire alarm system, universal wall sockets with USB ports and a lift which makes the property wheelchair accessible.

Originally a private residence, this house is currently operating as a very successful (and MTA licensed) Guesthouse, but could quite simply be reverted back to an exceptional family home. This is a genuinely unique property, with outstanding views of the Grand Harbour and beyond.

The sale includes professional website; outstanding TripAdvisor listing; and a specialized automated booking system.

More information about the finishing, building and location:
Expertly converted and luxuriously finished, fully furnished and fully equipped 5 bedrooms traditional 16th century House of Character settled right in the heart of the country’s historic part that can function as a luxurious residence although at present it is an up and running boutique BnB guesthouse with the best reviews on all online platforms

Location:
Conveniently located in Cospicua (Bormla), right in the center of the Thee Cities, it provides easy access to most of the tourist sights. The famous Fort of the Nights St Angelo is just a short walk away. As well as the medieval towns of Senglea, Birgu, and Kalkara. In the meantime, Valletta can be easily reached by a 10-minute boat ride. In addition to this, 7000-year-old Tarxien Temples are a 10 min drive away. This part of the island is often referred to as the “true” Malta. Therefore, you will not feel the shortage of authenticity.
Cospicua (Bormla) is a peaceful town partially stretched along the Grand Harbour Marina. Meaning you can treat yourself to a seafood dinner while admiring the beautiful yachts or even rent one for a day anytime.


The owner made every effort to keep the design as authentic as possible, yet perfectly adapted to the necessities of a modern lifestyle. The house features include solid Maltese sandstone walls, exposed wooden beams and two authentic Maltese Box Balconies. The original well has been converted into a wine cellar so that you can enjoy your evenings with a glass of wine.


The magnificent central staircase takes you up each of 4 floors right to the sunny roof terrace, boasting the spectacular panorama of the Grand Harbour and Valletta, Malta’s capital city.

The rooms have their own private lift access, making them ideal for less mobile guests.
Energy Performance Certificate - Energy use: 324 kWh/m2yr, Carbon Dioxide Emissions: 82 kg/m2yr.
FREEHOLD

Summary:
- Freehold
- 5 floors
- Served with lift
- 5 bedrooms
- Total layout: 375sqm
- Kitchen
- Separate dining area
- 2 roof terraces
- Wine cellar
- Laundry room
- Backyard

- 3D Virtual tour (link)
https://my.matterport.com/show-mds?m=9FDJX8Tf1jm
- Promo video (link)
https://www.youtube.com/watch?v=JMh48UXyDj0
- Website (link)
https://julesysbnb.com/

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This property is marketed by

Mark Molnar

mark@letbuymark.com

213 77992