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SOLD Investment or family home: guesthouse with 4.8* average reviews, Victoria

€ 347,000

  • Property ID: 10200
  • Buy or rent?: For sale
  • Post Updated: 2021-08-18 12:14:29
  • Bedrooms: 3
  • Bathrooms: 3
  • Floors: 3
  • Status:
  • Type:
  • Property ID: 10200

Description

Location, location, location. This traditional Maltese townhouse is set in old town Victoria, just a few steps away from St. George’s Square’s attractions and a three-minute walk to the Cittadella. The property has several years’ history as a successful guesthouse with 4.8 out of 5 average ratings on Google. It has brisk business and a current yield-on-cost in the double digits. This could be further improved with modest investments in pellet-burning stoves to provide ambiance in the winter months. The guesthouse is sold finished, optionally furnished, and with the current operating setup (website, reviews etc.) The house includes three rooms (all en-suite), a kitchen, lounge area and an iconic Maltese balcony – every Victoria resident will be familiar with it as it is one of only two round Maltese balconies on the island. This is an opportunity to acquire a successful business or a fully finished family home in a strategic position. UK buyers have the potential to acquire the business for IHT planning.

View on map / Neighborhood

  • Town: Victoria

Features

Features:
  • Roof terrace
Amenities:
  • Near bus terminus
  • Near Citadel
  • Near main square
  • Near schools

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This is located in Victoria is currently . This property is listed at € 347,000. It has 3 beds bedrooms and 3 baths bathrooms.

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