Top 4 Properties with Potential On The Market Right Now
As real estate agents one of things we love to come across most is a property with potential. Those gems that might not seem it at first sight, but have all the makings to be something truly wonderful with the right vision and foresight.
When it comes to determining a property that has real potential, we look at the basis from which we can build that. Is it in a great location? On a beautiful site? Is it full of character and original features? Or does it have the space to make an incredible layout? Can bedrooms be converted to studies? Pools added to gardens? Can paint and decor transform the light?
When you see a property with potential and you have the enthusiasm to execute it, you have the power to modify something exactly to your needs, and get the closest you’ll ever get to your dream home. Not to mention, adding value along the way.
From structural changes to simple style shifts, the extent of the potential you see comes in all shapes and sizes. And when you bear that in mind it can really alter the nature of your search.
Here are 4 properties on the market right now that we think have bucket loads of potential.
1. A House of Character in Lija
When it comes to this property it’s all about the sought after location, and 1600 sqm of space - to do with what you will. The huge grounds, sweeping garden, ancient walls and traditional beams gives this property the features you won’t find anywhere else. Pair that with bedrooms and spaces of large proportions, a balcony with views and some existing modern modifications, and this property has the makings to be a truly exceptional home when you add your own touch. With the option to add a garage and interconnected mill, and more outdoor space than you could dream of on this extensive plot, the world (or this home) really is your oyster.
2. A Palazzo in Valletta
Who doesn’t dream of their very own private Palazzo, made just the way you want it? This property will get you to the heart of the vibrant capital city, oozing culture and grandeur at every turn. Being recently renovated with all the mod cons, the hard work is done for you, so all you have to do is update it to your style and sensibility, and see this property’s potential come to life. With plenty of rooms over several floors, you can adapt the utility to suit your needs. Enjoy original stonework, a balcony onto the charming central streets, and boutiques, cafes and restaurants just a few steps away. This is something you don’t find every day.
3. A Terraced House in Siġġiewi
Welcome to this beautiful corner property in the western village of Siġġiewi. A favoured spot with stunning views and a peaceful ambience, neighbouring an official residence of the Prime Minister of Malta. Come for the spacious piazza, stay for this home with tremendous potential. The rooftop terrace is undoubtedly the star of the show, with gorgeous countryside views and plenty of space. The corner site means that lookout is even more uninterrupted, and a 7-car garage gives plenty of scope to be converted to your needs. Add to that three front facing balconies, four bedrooms and three bathrooms, and a little style revamp could make this property everything you’ve dreamed of and more.
4. A House of Character in Żejtun
If it’s character you’re looking for, then this charming house in Żejtun is packed with it to the brim. This petite one-bedroom home surrounds a central courtyard, offering plenty of natural light. Inside you’re met with beautiful arches, wooden beams and stone walls that have been lovingly restored. But the greatest potential of all? The possibility for a unique roof garden, or to even add another floor. Opportunities to make a house of character like this your own don’t come around often.