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What can you bag with €250,000 in the Three Cities – 8 Gems that will sell yesterday!

9th September, 2022
properties in the 3 cities

Finding a property in the Three Cities

The Three Cities is a hot commodity when it comes to property locations and will only see the demand rise in the future. Why live in the Three Cities? The area is chic, cosmopolitan and with oodles of history it also offers some of the best views of Valletta across the Grand Harbour. Young professionals, families and first-time buyers have discovered its charm and the value for money it offers. With a vibrant nightlife and village atmosphere, this picturesque location has everything to offer to those wanting a slice of authentic, historic Malta. With a wide variety of building styles when it comes to property for sale, there’s something for everyone. We look at 8 bargain properties in the Three Cities currently on offer:

The Best Bargain Properties in the Three Cities

Town House in Santa Margerita, Cospicua

Cospicua Townhouse

€185,000 | 2 Bedrooms | 1 Bathroom | 150m2

A traditional townhouse, still retaining interesting original features such as a beautiful entrance hall with a barrel-vaulted ceiling and more. This property is very well located in the popular Santa Margerita area. It is also located within the Three Cities’ UCA boundaries and a short walk of the medieval city of Birgu. Current layout comprises an entrance hall which is followed by a kitchen and living area with terrazzo floors overlooking a central yard, 2 good-sized bedrooms, bathroom and a utility room. What’s more, an overlying roof terrace could potentially be built to add an extra room with a shower and toilet. Must be viewed to be truly appreciated.

Cospicua, Converted House of Character

Cospicua House of Character

€235,000 | 2 Bedrooms | 1 Bathroom

This property is located in an Urban Conservation Area and is subject to taxation benefits to both vendors and buyers. It is an excellent investment opportunity holding loads of potential. The house is on one of the most attractive streets in this charming, character-filled town. Currently a two bedroom home with high ceilings, timber beams and traditional Maltese floor tiles, the owner has approved permits in hand to extend the property further to include a third bedroom and washroom. An excellent investment opportunity.

Cospicua, Finished Maisonette

Cospicua Maisonette

€205,000 | 1 Bedroom | 1 Bathroom

Fantastic rental investment opportunity in the heart of Cospicua. This elevated ground floor maisonette is full of old world features such as high ceilings and patterned floor tiles given it an overall townhouse feel. Having its own entrance via a grand staircase, the property enjoys a spacious living room followed by a large double bedroom overlooking a yard followed by a shower room and a separate kitchen leading to a spacious back yard. Structurally sound but needs modernization in order to maximize the return on investment. PROPERTY IS ALSO TO-LET.

Cospicua, Finished Maisonette

Cospicua Maisonette

€200,000 | 1 Bedroom | 1 Bathroom | 40m2

Modernly finished maisonette located in Cospicua, close to all amenities and within walking distance to the University and Valletta ferry. This property consists of an open-plan kitchen, living and dining area, one bedroom and separate shower room. PROPERTY IS ALSO TO-LET.

Cospicua, Furnished Apartment

Cospicua Apartment

€218,000 | Furnished | 2 Bedrooms | 1 Shower | 58m2

An older type apartment situated close to all amenities in Cospicua. Layout comprises of living and dining area along with a separate kitchen area, 1 double bedroom with a traditional Maltese balcony, a study which could be used as a bedroom and a bathroom. This property is being offered furnished ready to move into. Freehold. PROPERTY IS ALSO TO-LET.

Cospicua, First Floor Apartment

Cospicua Apartment

€240,000 | 2 Bedrooms | 1 Shower | 180m2

First floor, 2-bedroom apartment with ownership of roof. The property consists of a lovely kitchen and dining area, 2 bedrooms, a shower room, a small yard and ownership of all the roof which is approximately 95m2. Moreover the property has the potential to build the airspace into another apartment.

Vittoriosa, Finished Duplex Maisonette

Vittoriosa Maisonette

€170,000 | 1 Bedroom | 1 Shower

Cute pied á terre in the heart of this charming city, no more than 2 minutes’ walk to the main square and a 5 minute walk to the lovely Vittoriosa Waterfront. Converted small duplex maisonette with a very pretty facade and having authentic old world features such as wooden beams, thick walls and stone stairs. On ground floor space for kitchenette, dining area and a shower room. On the top floor bedroom or living room/bedroom. This place is ideal for a buy to let. Only need minimal expanse to furnish.

Cospicua, Finished Duplex Maisonette

Cospicua Maisonette

€245,000 | 1 Bedroom | 1 Shower | 100m2

Set in a quiet street of Cospicua yet close to all amenities comes this corner duplex maisonette & airspace, giving it the possibility for further development. Once converted, this property could be split into three one bedroom units and therefore would be ideal as a rental investment. Highly recommended!

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