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Hotel

in Bormla (Cospicua)

€ 1,950,000

Hotel for sale

in Bormla (Cospicua)

€ 1,950,000


Details
Lift
Yes
Number of floors
3
Number of rooms
5
Description

Located in one of the most historically rich towns of Malta, situated just 5 minutes away from the Birgu Waterfront and its lovely marina, comes this beautifully restored 5 -bedroom traditional TOWNHOUSE which dates back to the 18th century and boasts multiple old features while incorporating 21st century comforts and hi-tech convenience.

The ground floor layout consists of;

  • An original marbled floor entry,
  • leading to formal dining room,
  • followed by a high-end stylish new kitchen with full range of quality appliances.

Levels 1 & 2 boast 4 generous sized bedrooms (all with en suites) and all are individually designed to a 5-star standard, inclusive of king sized beds, 40” Smart TV’s, minibar and custom made soft furnishings.

The fifth bedroom (also with an en suite shower) is located on the 3rd level.

At basement level one can find a very spacious wine cellar featuring;

  • An original well.
  • Two traditional Maltese balconies adorn the façade, along with the property having two roof terraces and a rear courtyard as well.

The property is also equipped with;

  • 7 individual air-conditioners,
  • a CCTV system,
  • an intruder alarm,
  • a state-of-the-art fire alarm system,
  • universal wall sockets with USB ports and
  • a lift which makes it totally wheelchair accessible.

Originally a private residence, this house is currently operating as a very successful (and licensed) guesthouse, but could quite simply be reverted back to an exceptional family home. This is a genuinely unique property.

Energy Performance Certificate - Energy use: 324 kWh/m2yr, Carbon Dioxide Emissions: 82 kg/m2yr.

YouTube Video: https://youtu.be/gTF8XdVHgJg

The sale includes professional website; outstanding TripAdvisor listing; and a specialised automated booking system. The business generates a 13.5% annual return, based on the €1,950,000 sale price. Based on the income generated, the property should be priced at €2.6M!!! Please message for a private viewing, noting this is keenly priced to sell today.

Features

Basement

Get In Touch

Contact the owner to ask for more information, bring something to their attention, or book a property viewing.