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Townhouse in Floriana | East
Floriana, Malta
REF: 875418
€2,650,000
Description
This impressive corner property is the perfect location for commercial offices or a boutique hotel. The property has been transformed into a stunning space, with striking traditional tiled flooring that has been meticulously restored and polished. The building boasts many unique and eye-catching features, making it stand out among the surrounding area. With its prime location and ample space, this property offers endless potential for any business looking to establish a prestigious office or boutique hotel. Additionally, there is the option to install an elevator in the center of the grand staircase, adding a touch of luxury and convenience. There are a large amount of rooms spread on all 4 floors having a generous amount of space and being a corner building it also enjoys ample of natural light.This imposing corner site is a one of a kind property that exudes elegance and charm, making it the ideal choice for those seeking a remarkable space to call their own. Don't miss the opportunity to make this property your own and create an unforgettable space for your business or guests. A spacious and large century old cellar could be found at the lower level whilst roof level enjoys Harbour Views. There also exists the possibility of constructing another floor at roof level.
This impressive corner property is the perfect location for commercial offices or a boutique hotel. The property has been transformed into a stunning space, with striking traditional tiled flooring that has been meticulously restored and polished. The building boasts many unique and eye-catching features, making it stand out among the surrounding area. With its prime location and ample space, this property offers endless potential for any business looking to establish a prestigious office or boutique hotel. Additionally, there is the option to install an elevator in the center of the grand staircase, adding a touch of luxury and convenience. There are a large amount of rooms spread on all 4 floors having a generous amount of space and being a corner building it also enjoys ample of natural light.This imposing corner site is a one of a kind property that exudes elegance and charm, making it the ideal choice for those seeking a remarkable space to call their own. Don't miss the opportunity to make this property your own and create an unforgettable space for your business or guests. A spacious and large century old cellar could be found at the lower level whilst roof level enjoys Harbour Views. There also exists the possibility of constructing another floor at roof level.
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Property on Map
Currency Exchange
Floriana, 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 €2,650,000 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 |
|---|---|---|---|
| €2,650,000 | £2,183,335 | £2,300,439 | £117,104 |
| Property Price € | €2,650,000 |
| Minimum cost in the last six months | £2,183,335 |
| Maximum cost in the last six months | £2,300,439 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £117,104 |
Floriana, 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 €2,650,000 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 |
|---|---|---|---|
| €2,650,000 | £2,183,335 | £2,300,439 | £117,104 |
| Property Price € | €2,650,000 |
| Minimum cost in the last six months | £2,183,335 |
| Maximum cost in the last six months | £2,300,439 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £117,104 |
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 £117,104 more.
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