Bormla - Townhouse Ref#: 13583
For Sale €248,000
Townhouse in Bormla For Sale
SITE FOR DEVELOPMENT having a footprint of 82 square metres, situated just 5 minutes walk from the new American University Campus or Ferry Terminal to Valletta. A townhouse is currently built on the site, but it is possible to obtain a permit to demolish the existing property and build a guest house comprising 6 to 8 self-catering studio apartments. This site offers an excellent investment opportunity that is perfectly suitable for the following accommodation categories:
1. Student accommodation for those attending the new University Campus;
2. Short-let tourist accommodation for visitors wishing to stay close to the Capital;
3. Long-let accommodation in the booming southern part of the island;
4. A very comfortable 2-bedroom Townhouse residence with full roof.