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Townhouse in Ghaxaq | South
Ghaxaq, Malta
REF: 943116
€6,000,000
Description
A centuries-old double-fronted Townhouse / Palazzino located in the traditional town of Ghaxaq. Exuding pure opulence and elegance, this historical property sits nestled on a corner and is built up on a plot of approx. 4,496 Sqms. This rare-to-find palatial home has been converted and presents the perfect blend of old versus new, with the property being finished to include all of today's modern comforts whilst maintaining many of its traditional features. Be welcomed by an imposing entrance hall; to the left is a formal dining room with high ceilings complete with crisscross wooden beams, and on the right is a large sitting room with a Fireplace which then leads to a large living area having windows that overlook the Garden. The Dining room also has access to the Kitchen / Breakfast which also leads to the garden, pantry, a guest WC, and a very large storage room or study room/office. The entrance hallway also leads straight out to the curated 4,100 Sqm Gardens. The Gardens, with a vast array of trees and plants, also has a large inviting Swimming Pool, a Pond, a gardener's tool room, 3 wells, a borehole, and an irrigation system with 2 pumps. An imposing staircase leads to the upper floor where one finds 5 Bedrooms, 4 modern En-suites, Powder room, Walk-in, a modern family Bathroom and a large Terrace. This beautiful home also has a large Garage that can hold up to 5 cars, above which is a Terrace overlooking the impressive Gardens. On the Roof level, apart from the beautiful Garden views, one finds 14 solar panels and a solar water heater. Features include 3 side entrances, traditional Maltese patterned tiles, a 'Garigor' (a traditional stone spiral staircase) stained glass, as well as timber apertures, timber beams, 'xorok' (stone slab ceilings), and air-conditioning throughout, amongst other things. The property is Freehold and viewings on this impressive house, come highly recommended.
A centuries-old double-fronted Townhouse / Palazzino located in the traditional town of Ghaxaq. Exuding pure opulence and elegance, this historical property sits nestled on a corner and is built up on a plot of approx. 4,496 Sqms. This rare-to-find palatial home has been converted and presents the perfect blend of old versus new, with the property being finished to include all of today's modern comforts whilst maintaining many of its traditional features. Be welcomed by an imposing entrance hall; to the left is a formal dining room with high ceilings complete with crisscross wooden beams, and on the right is a large sitting room with a Fireplace which then leads to a large living area having windows that overlook the Garden. The Dining room also has access to the Kitchen / Breakfast which also leads to the garden, pantry, a guest WC, and a very large storage room or study room/office. The entrance hallway also leads straight out to the curated 4,100 Sqm Gardens. The Gardens, with a vast array of trees and plants, also has a large inviting Swimming Pool, a Pond, a gardener's tool room, 3 wells, a borehole, and an irrigation system with 2 pumps. An imposing staircase leads to the upper floor where one finds 5 Bedrooms, 4 modern En-suites, Powder room, Walk-in, a modern family Bathroom and a large Terrace. This beautiful home also has a large Garage that can hold up to 5 cars, above which is a Terrace overlooking the impressive Gardens. On the Roof level, apart from the beautiful Garden views, one finds 14 solar panels and a solar water heater. Features include 3 side entrances, traditional Maltese patterned tiles, a 'Garigor' (a traditional stone spiral staircase) stained glass, as well as timber apertures, timber beams, 'xorok' (stone slab ceilings), and air-conditioning throughout, amongst other things. The property is Freehold and viewings on this impressive house, come highly recommended.
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Currency Exchange
Ghaxaq, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,943,400 | £5,208,540 | £265,140 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,943,400 |
| Maximum cost in the last six months | £5,208,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £265,140 |
Ghaxaq, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,943,400 | £5,208,540 | £265,140 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,943,400 |
| Maximum cost in the last six months | £5,208,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £265,140 |
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 £265,140 more.
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