Block, Msida

East

ID. W-0271NY

For Sale

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Commercial

Block, Msida

East

ID. W-0271NY

For Sale

€1,600,000

Block

Property Features

Balcony

View - Building

Property Description

This exclusive block of 9 units located in Valley Road Msida is being sold all together at a very good price, Located 15 min walk from University and junior college this block will be a great rental investment that will rent/sell fast.

This Large block consists of:

1 Large 6-car garage
2/3 bedroom apartments
Large living areas
2 bathrooms in each apartment
Full use of roof
Partly furnished apartments
Block of 4 stories

This block is ready for viewings and will form a great part of business investment, this is a must-see block for all investors who want to make some fast easy money as the block is already fully rented out so you can keep the block as it is and keep renting out to the current tenants at reasonable prices or convert the whole block and rent out as first time use apartments and find new tenants.

Where you'll work

Msida

Msida (or L-Imsida) is a harbor town in the north-east of Malta. Although relatively small, it is one of the most important towns in Malta. Today, Msida is now a bustling university town and development has in fact been centered around an ever-increasing student population at the University, as well as various new service industries that have sprung in this town in recent years. In the late 19th century, a floating British navy hydraulic dock was also planned at the central part of Msida close to where the Torpedo Depot used to stand. The plan was soon aborted but, in its stead, this area would in later years’ experience a booming yacht marina service, which has been growing ever since, thanks to new incentive policies issued by the central government.