€5,250,000
Plot of land in Gzira
475 m²
Plot in Gzira, Malta
- Garage
About this home
A site of 475 sqm in Gzira border to Ta' Xbiex with plans in hand to be developed in an office block of 1700sqm on 6 floors + a parking garage in the basement. Price quoted is for the site and the plans with permit. Estimated potential revenue of 600-700K per annum in rent once this site is built which is equivalent to 7-8% return on investment.
The agency's own words, from Excel Homes.
Mortgage estimate
€21,217 a month Estimate, not an offer
A repayment loan at 3.5 percent a year for the whole term. Fees, taxes and insurance are not included; your bank sets the real rate.
Location
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Approximate location: agencies give the area, not the address.
