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92 000 €
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92 000 €
| Sale price | 92 000 € |
| Price per square meter | 1 150 € |
| Floor area | 80 sq.m |
| Floor | 1 |
| Number of storeys | 4 |
| Total number of rooms | 1 |
| Number of bedrooms | 1 |
| Number of bathrooms | 1 |
| Construction phase | Resale |
| Address | Malta, Bugibba |
| Location | at the seaside, within the city |
| to the airport | 19 kilometers |
| to the beach | 500 meters |
| to food stores | 200 meters |
| to a bus stop | 200 meters |
| studio | |
| Business expenses | |
|---|---|
| Not included in the price | |
| Tax | 5 % |
| Notary Services | 0.9 % |
Good rental income in Bugibba!
A STUDIO FLAT served with lift measuring approximately 80 sqm at basement level situated a few meters away from the promenade, having an open plan area consisting of a kitchen, living, dining and a bedroom (all in one room), a shower room and a small yard. The property has planning permission for a store; however, it has been converted for residential use. Ideal as a rental investment.
According to our standards, we can to classify this property to both categories IR (Investment to residential property) and Y (Economy class).
About locality:
Bugibba is one of three cities (along with Aura and St. Paul's Bay) located in northern Malta. Recently, a significant increase in population has been observed in this region due to the large number of expats who have chosen these places and live in the area of St. Paul's Bay in Malta. An entire cluster of cities has been built over the last 50 years or so. Therefore it is by no means a traditional Maltese city. There are few historical cultural places. Given that the sea is the main feature of the area, one of the main attractions of this area is the promenade. The area is always fresh and cool at night, even during the hot summer months, so many people will enjoy a lazy walk and mix on the sidewalk. This is one of the coastal cities with long, wide promenades, which are an ideal way to enjoy the refreshing summer breeze and the salty smell coming from the sea. Bugibba boasts one of the longest and most popular walks along the promenade, where literally thousands of people enjoy a long stretch from the edge of the Aura to the edge of St. Paul's Bay - a distance of almost 3 km - which makes it ideal for walking or jogging. After you enjoy your walk, simply settle in one of the many places to eat, pubs and gelatterias that can be found in the area. Many of which also have outdoor areas, especially those located right by the sea so that you can continue to enjoy the breeze and the smell of the sea. The facade of the city consists mainly of modern buildings, in the last few years there has also been a small construction boom. Heading along the promenade, in the early evening you can enjoy all the shades of a typical Maltese sunset over the sea, strolling right next to several beach bays, rocky beaches and artificial sand. You can get into the very popular Cafe del Mar in Malta and the National Aquarium Complex - (beautifully designed as a starfish, try to see it while flying or leaving the country).
Call us! Our specialty is Malta! Have you considered getting a second citizenship in Europe? You will be served by licensed lawyers who have worked on the development of the MIIP program with the Maltese Government. They will be happy to provide full support to you if you decide to get the residence permit for investment MRVP or to participate in a tax residency program in Malta GRP, which have been successfully operating for several years. In addition, most importantly! You do not have to do an independent search for all the services that you need in Malta. You will receive the best service within the framework of “Single Window” by contacting us. We are waiting for your questions and requests. OUR SIGHT IS CLOSER TO DEAL!
