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Town House - Sliema

€ 500,000

Ref: TWH15625

  • 6: Bedrooms
  • 6: Bathrooms
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About this Property

For the aspiring or well established entrepreneur comes an extraordinary opportunity to acquire a newly built corner hostel in Malta's favourite tourist destination, Sliema. 

With six guest rooms, all equipped with ensuites, kitchenettes and airconditioning, this property will give it's guests the creature comforts they need to feel at home during their stay in Malta. Built on four floors, one finds the reception, kitchen, dining room and common restroom facilities on the ground floor as well as the first guest room. The first and second floor have two guests rooms and shared laundry facilities (one on each floor). The fourth floor has another guest room, with it's own private terrace wrapped around it, giving plenty of space for lounging, al fresco meals, and entertainment. Each guest room has it's own salva vita, range between 15sqm - 18sqm and have beautifully high ceilings. Completed by the end of March 2018, the property will not only be fully finished but will be completely furnished, meaning operations could kick start almost immediately, doing away with the hassle and time so many pour in to new projects.

This business opportunity will not last long as the demand for properties like this is high! 

The property is being made available for a 19year period (giving ample time to make a sizable profit), by which time one can renegotiate to extend the use of the property or otherwise. Definitely an opportunity not to be missed! 

 

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