Commercial
Site, Zurrieq
€1,490,000
Property Features
Bathroom
Bedroom
Dining room
Garage Included
Kitchen
Living room
Roof
UCA
Property Description
A unique opportunity to acquire two adjoining UCA properties in the heart of Zurrieq, consisting of a terraced house and a house, being offered together.
The properties are complemented by a 1-car garage and offer excellent potential for renovation, investment and possible future development. There may also be potential to apply for an additional floor, subject to planning approval and the necessary permits.
This property package is ideal for investors, families or developers looking for a substantial property with strong future potential. It could also be suitable for the creation of a boutique hotel, guesthouse or exclusive accommodation concept, subject to the required permits and licences.
As the properties are located within an Urban Conservation Area (UCA), eligible buyers may benefit from applicable stamp duty and property tax incentives. Any tax benefits are subject to the properties and transaction meeting the relevant conditions and to the regulations in force at the time of purchase.
The properties are complemented by a 1-car garage and offer excellent potential for renovation, investment and possible future development. There may also be potential to apply for an additional floor, subject to planning approval and the necessary permits.
This property package is ideal for investors, families or developers looking for a substantial property with strong future potential. It could also be suitable for the creation of a boutique hotel, guesthouse or exclusive accommodation concept, subject to the required permits and licences.
As the properties are located within an Urban Conservation Area (UCA), eligible buyers may benefit from applicable stamp duty and property tax incentives. Any tax benefits are subject to the properties and transaction meeting the relevant conditions and to the regulations in force at the time of purchase.
Where you'll work
Zurrieq
The largest village in the area, it is also the centre of most of its commercial activities. It has also been one of the oldest to be established as a separate parish church, and thus it precedes all the other villages that are within the immediate vicinity. Zurrieq has always been one of those villages that attracted people from smaller hamlets. Hal Millieri, a case in point, was still thriving up to the late 16th century, but by the turn of the 17th century it dwindled and today only its names survive. Most its inhabitants went to live either at Zurrieq, or else in nearby villages. The area surrounding Zurrieq is also famous for its wonderful country walks. A walk from the parish center towards the cliffs overlooking the Blue Grotto, would lead one through wonderful scenery, including the valleys of the area as well.
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