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Mansion in Balzan, Malta, 1 400 sq.m

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  • Mansion in Balzan, Malta, 1 400 sq.m - picture 1
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  • Mansion in Balzan, Malta, 1 400 sq.m - picture 16
  • Property ID on Prian.info: 3489889
    Property ID on company's website: Ref. BZN 39.2201501
    Last update: 17.11.2023
    Number of views: 3960

Price on request

Mansion in Balzan, Malta, 1 400 sq.m

1400 sq.m 24 3 6
Citizenship Online Viewing Remote Transaction

  • Property ID on Prian.info: 3489889
    Property ID on company's website: Ref. BZN 39.2201501
    Last update: 17.11.2023
    Number of views: 3960

Specifications

Price on request
House Area 1 400 sq.m
Site plot 1 200 sq.m
Number of storeys 2
Total number of rooms 24
Number of bedrooms 3
Number of bathrooms 6
Construction phase Resale
Date of construction 1529
Address Malta, Balzan
Location within the city
to the airport 9 kilometers
to the historical city center 200 meters

Additional services

  • Citizenship upon purchase
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Business expenses
Not included in the price
Commission fee 3.9 %
Tax 5 %
Other expenses 0.9 %

Description

HISTORICAL AND CULTURAL HERITAGE OF MALTA

An object of historical and cultural heritage of Malta, allowed for third-party private ownership. The building belongs to the construction of the 16th and 17th centuries. The palazzo, after its partial restoration, is ideal not only for living, but also for holding ceremonies and events. An exceptional opportunity to become the owner of a piece of history of Malta, directly related to the appearance of the Knights of the Holy Order of John on the island. The palazzo served as the place of permanent residence of the commander of the Grand Master of the Order of the Hospitallers.

Keeping in mind the price, this property is good-matched to conditions of Individual Investor Programme to obtain Maltese Citizenship - IIP.

According to our standards, we classify this property in both categories: - category E (Exclusive property) and category R (Citizenship and Residency).

About locality:

Balzan, located in the heart of Malta, is one of the old central towns, which comprise also Attard and Lija, all of which are closely knit in this zone of the island. Known as Hal Balzan, the town which was pre-dated by a small concentration of dwellings, originated in the 16th century and was named after a merchant who was granted a sizeable stretch of land by the Knights of the Order of St John. The town began flourishing in earnest in the 17th century when it grew to a capacity that allowed it to become a parish. Today, it enjoys a community of some 3900 people. The town of Balzan is the proud bearer of an ancient motto which in Latin reads ‘Hortibus undique sept'. This phrase literally translates into 'surrounded by gardens' and in fact, the town is still rich in private gardens and orchards full of oranges and varied other ages-old citrus trees. In the small town, key points of interest are mainly those in connection with its architectural inheritance. In fact, the town enjoys a bevy of very old houses, with features that are straight out of history books. Walk with your nose in the air & observe the great number of statues and niches on facades and street corners - all worthy of being photographed. The town's parish church celebrates the feast of Our Lady of Annunciation during July and the building itself is one of the key attractions of this town. It includes a belfry that is home to six bells produced by the French bell foundry Paccard but also houses several major works of art within. Apart from the parish church there are five smaller churches to visit in town. Balzan is also known for the presence of the aqueduct, part of which remains intact within the town. The aqueduct constructed in 1610 by Grand Master Wignacourt was of fundamental importance as a structure and as a precious utility since it transported rainwater from the high grounds of Rabat, all the way down to the new city of Valletta. Thus the historical importance of each part of the remaining structure is of tangible relevance. The town is not particularly known for its shopping potential although all amenities are found within it, including banks, post office, supermarkets and a handful of boutiques. A good selection of cafeterias, pubs, wine bars and small restaurants can be enjoyed however, with many of these eateries being located in cozy side streets. Balzan is typically residential and not known for its shopping potential. People living in Attard will find all their day-to-day needs met in the varied small shops around the town including supermarkets and a shopping complex. Coffee shops are few and elite. Being a high-end property location, real estate in and around Balzan tends to be somewhat pricier and of a higher quality than other places around Malta.

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!


Additional features

House details

  • demands total renovation
  • view on landmarks
  • rough finishing

Apartment details

  • the seller helps with furnishing

Located on the plot

  • garden
  • garage
  • swimming pool
  • outbuildings
Read further

Representative

Michael
Director
Languages: english
Show phone number



Cost of accomodation in Balzan

Cost of accomodation in Balzan
Restaurants
Cappuccino (regular) 3.80 €
Coke/Pepsi (0.33 liter bottle) 1.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 9.25 €
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 €
Meal, Inexpensive Restaurant 15.00 €
Water (0.33 liter bottle) 0.60 €
Markets
Apples (1kg) 1.80 €
Banana (1kg) 1.50 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 13.00 €
Bottle of Wine (Mid-Range) 7.00 €
Chicken Fillets (1kg) 7.00 €
Domestic Beer (0.5 liter bottle) 1.25 €
Eggs (regular) (12) 2.60 €
Lettuce (1 head) 1.00 €
Loaf of Fresh White Bread (500g) 1.00 €
Local Cheese (1kg) 13.00 €
Milk (regular), (1 liter) 0.78 €
Onion (1kg) 2.50 €
Oranges (1kg) 1.50 €
Cigarettes 20 Pack (Marlboro) 5.50 €
Potato (1kg) 0.80 €
Rice (white), (1kg) 2.85 €
Tomato (1kg) 3.60 €
Water (1.5 liter bottle) 1.00 €
Imported Beer (0.33 liter bottle) 1.05 €
Transportation
Gasoline (1 liter) 1.37 €
One-way Ticket (Local Transport) 1.50 €
Taxi 1hour Waiting (Normal Tariff) 20.00 €
Taxi Start (Normal Tariff) 10.00 €
Taxi 1km (Normal Tariff) 1.50 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27 000.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 800.00 €
Apartment (1 bedroom) Outside of Centre 600.00 €
Apartment (3 bedrooms) in City Centre 1 400.00 €
Apartment (3 bedrooms) Outside of Centre 1 000.00 €
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 200.00 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 42.00 €
Sports And Leisure
Cinema, International Release, 1 Seat 12.00 €
Fitness Club, Monthly Fee for 1 Adult 16.67 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 25.00 €
1 Pair of Men Leather Business Shoes 50.00 €
1 Pair of Nike Running Shoes (Mid-Range) 50.00 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 20.00 €
Childcare
International Primary School, Yearly for 1 Child 3 000.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 166.67 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 2 000.00 €
Price per Square Meter to Buy Apartment Outside of Centre 1 800.00 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 900.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.70 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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