European property for sale

beautiful 2 bedroom flat just off seafront in Malta (£65,000)

Date posted: Sunday 12th October
Location: Malta

Modern, bright, top floor 2 bedroom flat just off sea-front between Sliema and Gzira in Malta. The flat is on the 3rd floor (no lift) located between sliema shopping area and manoel island yacht marina, next to the waterfront hotel.

Freehold
approximately 75 sq.meters
Ideal for first time buyers or even as a rental investment (rent quickly for 400 euros/month for 4 years). Being sold fully furnished and fully equiped.

the flat consists of:
- a small bedroom with 2 single beds and a small balcony overlooking the street
- a modern kitchen and open plan dining area
- a living area
- a small bathroom with shower and toilet
- a double bedroom


The building is old (build approx 50 years ago) but the flat interior is new, HOWEVER
serious structural cracks have been noted in all of the roofing slabs due to corosion resulting from water penetration from the roof.
Also a waterproofing membrane was installed a month ago to stop the penetration of water and an iron beam to support the ceiling. IDEALLY the whole roof will be changed next summer. The work evaluation by an architect is estimated at 2 weeks and at a cost of around 7,000 pounds - 9,000 euros - (including new roof, waterproofing membrane, ceiling inside the flat and project management.)

for more information, contact Gwen by email tojohnstreet@hotmail.com or +44 794047 4655

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