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Townhouse in Valletta | East
Valletta, Malta
REF: 874309
€1,975,000
Description
An expertly converted 4 story Valletta Townhouse in an excellent location of the Capital, offering investors many options in terms of how to use the property. All possibilities have been thought of from a fully equipped office to a luxurious home and even short / long term rental units. The layout consists of entrance into a lobby area with a courtyard, and a lift that serves the entire Townhouse from the large basement to the roof Terrace. The 1st, 2nd and 3rd floors have a similar layout, with 3 large rooms and an en-suite bathroom, with all preparations for a kitchen in place and the possibility of further bathrooms if required. The 4th floor has been set up to accommodate an office blocks entertainment area or for a kitchen servicing the 40sqm roof terrace. A must see.
An expertly converted 4 story Valletta Townhouse in an excellent location of the Capital, offering investors many options in terms of how to use the property. All possibilities have been thought of from a fully equipped office to a luxurious home and even short / long term rental units. The layout consists of entrance into a lobby area with a courtyard, and a lift that serves the entire Townhouse from the large basement to the roof Terrace. The 1st, 2nd and 3rd floors have a similar layout, with 3 large rooms and an en-suite bathroom, with all preparations for a kitchen in place and the possibility of further bathrooms if required. The 4th floor has been set up to accommodate an office blocks entertainment area or for a kitchen servicing the 40sqm roof terrace. A must see.
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Currency Exchange
Valletta, Malta
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Malta takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,975,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,975,000 | £1,630,264 | £1,714,517 | £84,254 |
| Property Price € | €1,975,000 |
| Minimum cost in the last six months | £1,630,264 |
| Maximum cost in the last six months | £1,714,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,254 |
Valletta, Malta
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Malta takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,975,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,975,000 | £1,630,264 | £1,714,517 | £84,254 |
| Property Price € | €1,975,000 |
| Minimum cost in the last six months | £1,630,264 |
| Maximum cost in the last six months | £1,714,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,254 |
The exchange rate on the day you make an offer on your property in Malta will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £84,254 more.
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