Unconverted Three-Storey Townhouse
In the middle of the alleys of Cospicua is this unconverted townhouse with a historic facade that has recently been reduced in price from €320,000 to €297,000.
On the ground floor of this three-storey townhouse are a hall, single bedroom/study, kitchen/living/dining area and a backyard including a well.
This property could be beautiful again once converted, as it retains many beautiful, traditional features. We're particularly fond of the ram's head at the top of this arch.
The home does need extensive renovation before it can be lived in.
On the first floor are two large bedrooms, one with a traditional wrought-iron balcony.
On the third floor, there is another large bedroom with a traditional Maltese balcony and a washroom/bathroom. The home also has a backyard, a well and a private roof. Traditional Maltese features like the patterned tiles, high ceilings, a traditional stone staircase and traditional balconies are also here and in excellent condition.
Condition at Sale: Unconverted
Rooms in Property: Bedrooms | Bathrooms | Kitchen | Dining Room | Study | Living Room
Facilities: Well
Roof: Private Roof
Outside Space: Backyard | Balcony
Cospicua is the largest of the Three Cities in the Grand Harbour, opposite Valletta. It played an important role during the Great Siege of 1565 and it showcases the real and authentic experience of Malta. The Firenzuola Fortifications, built in 1638, and the Margherita Lines are the only part of the old city to survive World War II and are now considered major landmarks. One of the biggest markets on the island is held here every Tuesday. A ferry can take residents to Valletta. There is a marina, shops, cafes and bars along the shoreline.
Speaking of the shoreline, the promenade provides locals with a destination for their sunset walks.
Currently, Cospicua is a sought-after area for investment, with many older properties being converted to rental accommodation, BnBs and boutique hotels.