Date Holiday Apartments - Malta
Summary
-
Elevate your lifestyle with a luxurious 3-bedroom apartment in an enviable location, just steps away from Date Art Cafe and Date Spa Hotel. This unique opportunity offers not only residential value but also the potential to lease your apartment to the Date Spa Hotel, contributing to an income-generating investment. With meticulous attention to detail and a focus on premium amenities, we aim to create a haven of luxury and tranquility for our discerning residents, while also providing opportunities for partners to join our project by owning neighboring properties.
Location
-
Yacht Marina: Across the road
-
10 min by ferry to Valletta (Malta’s Capital City)
-
10 min from Malta International Airport
-
10 min from Royal Malta Golf Club
-
Walking distance to Senglea and Vittoriosa, the other two of the “Three Cities”
-
Underground parking under construction (Project Green, Cospicua)
-
Significant past and upcoming institutional and private investment in the area, including the Cottonera Waterfront Project, the American University of Malta, Project Green, and the Rialto project
-
The nearest café is Date Art Cafe, renowned for its food, live music, events and experiences, and recommended by the CNN
-
Very close to Date Spa Hotel, with additional income opportunities as the project expands
Properties
-
Situated in an Urban Conservation Area, ensuring the enduring preservation of architectural splendor
-
Featuring traditional doors, majestic entrances embessished with historical symbols, columns and intricate engravings
-
Spacious rooms flooded with natural sunlight
Project in Numbers
-
Valuation of each apartment: circa EUR 300,000
-
Offered for sale at below market value:
-
2 x 3-bedroom apartments for EUR 300,000 (1 sold, 1 available for viewing)
-
1-bedroom penthouse for EUR 300,000 (available for viewing)
-
1-bedroom holiday apartment for EUR 250,000 (available for viewing)
-
Refurbishment Cost: approximately EUR 20,000 per apartment
-
Projected Value after refurbishment: EUR 350,000
-
Profit in capital value: EUR 60,000 (20.7% ROI)
-
Additional opportunity: Once Date Spa Hotel is operational, there would be a possibility of a long-term rental arrangement where we would refurbish your apartment to hotel standard and pay you regular rent
-
Structurally sound properties, resulting in minimal refurbishment costs
-
Promising financial projections ensuring a secure future
-
Transparency with our Intention
-
Proceeds from this sale will support our ongoing commitment to excellence and innovation in urban living through our international projects, part of a global mission to improve wellbeing.
A Deal Like No Other
-
This exclusive offer presents a rare opportunity to invest in a high-yield property with substantial potential for capital appreciation. Whether you seek immediate returns or long-term growth, our apartments promise exceptional value and enduring prosperity.
-
We are selling apartments at below market value price, in order to make the deal attractive. Some comparables are provided:
-
3-bedroom maisonette in Bormla for EUR 314,000 and requiring complete overhaul
Contact Us Today
-
Ready to secure your place in this lucrative investment opportunity in a Prime Location that we are also invested in? Don't miss out on the chance to own a piece of Malta's premier urban oasis. Contact Ivan at ivan@openislandhotel.com or WhatsApp: +447552515481 / +35699740389.