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Townhouse in Qormi | Central
Qormi, Malta
REF: 956709
€1,850,000
Description
Prestigious luxury accommodation in a beautifully restored mid-eighteenthcentury traditional Maltese townhouse close to Valletta. The property is fullyairconditioned and served by a lift.Accommodation comprises sixteen rooms spread around two courtyards and aspacious rooftop sundeck with hot tub. It includes a hallway, seven doublebedrooms with ensuite bathrooms, office, kitchen, breakfast room, and a cellarlounge hewn from solid rock.The graceful building features a triple-leaf façade in local limestone withoriginal wooden doors and typical louvered windows, wooden beams, stonecorbels and stone roofing slabs, as well as the original traditional hard stonepaving and floor tiles.The property is suitable for various uses including as professional offices, amedical centre, or a combined residence and professional office. The locationin a quiet residential street offers privacy and free parking. The building itselfrequires minimal maintenance and is replete with energy saving devices, whilethe carefully designed service infrastructure ensures maximum reliability andease of access.The property is currently functioning as an impeccably kept, fully operational,luxury hotel with an established reputation and quality awards. It is designedfor efficient operation with minimal staff, based upon the hotel s extensivedigital footprint, integrated hotel management software, and a remotebuilding management system.The property is regarded as a rare find with further details available upon requestand attractive payment terms being considered for serious buyers.For such a unique opportunity, kindly call the assigned Licenced Sales Agent!
Prestigious luxury accommodation in a beautifully restored mid-eighteenthcentury traditional Maltese townhouse close to Valletta. The property is fullyairconditioned and served by a lift.Accommodation comprises sixteen rooms spread around two courtyards and aspacious rooftop sundeck with hot tub. It includes a hallway, seven doublebedrooms with ensuite bathrooms, office, kitchen, breakfast room, and a cellarlounge hewn from solid rock.The graceful building features a triple-leaf façade in local limestone withoriginal wooden doors and typical louvered windows, wooden beams, stonecorbels and stone roofing slabs, as well as the original traditional hard stonepaving and floor tiles.The property is suitable for various uses including as professional offices, amedical centre, or a combined residence and professional office. The locationin a quiet residential street offers privacy and free parking. The building itselfrequires minimal maintenance and is replete with energy saving devices, whilethe carefully designed service infrastructure ensures maximum reliability andease of access.The property is currently functioning as an impeccably kept, fully operational,luxury hotel with an established reputation and quality awards. It is designedfor efficient operation with minimal staff, based upon the hotel s extensivedigital footprint, integrated hotel management software, and a remotebuilding management system.The property is regarded as a rare find with further details available upon requestand attractive payment terms being considered for serious buyers.For such a unique opportunity, kindly call the assigned Licenced Sales Agent!
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Property on Map
Currency Exchange
Qormi, 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 €1,850,000 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 |
|---|---|---|---|
| €1,850,000 | £1,524,215 | £1,605,967 | £81,752 |
| Property Price € | €1,850,000 |
| Minimum cost in the last six months | £1,524,215 |
| Maximum cost in the last six months | £1,605,967 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £81,752 |
Qormi, 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 €1,850,000 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 |
|---|---|---|---|
| €1,850,000 | £1,524,215 | £1,605,967 | £81,752 |
| Property Price € | €1,850,000 |
| Minimum cost in the last six months | £1,524,215 |
| Maximum cost in the last six months | £1,605,967 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £81,752 |
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 £81,752 more.
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