Property experts project an Annual rate of return of :
15.00%
the return on your investment in one year:
€764,888
For further reading on "property market in Malta" visit EMP Advisers website.
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This is a truly unique property for sale in the north east of Malta in the prestigious Santa Maria Estate and overlooking Malta’s largest bay ,Mellieha. Mellieha Bay is also Malta’s premier site for water sports, most particularly windsurfing. Affording privacy, tranquillity and unspoilt views, there is an unusually large amount of land which the current owner has acquired over a period of time and which amounts to 7.5 plots (2.8 hectares).
There is a villa/former farmhouse on one of the plots with commanding views and the property has building permission for an extensive villa complex including swimming pool and tennis court. It is anticipated that the purchaser would wish to pursue this vision of one extraordinary property although as the property is effectively made up of separate building plots there is an opportunity for dividing these back into separate villas again.
Malta affords excellent year-round weather and there are tax benefits attached to residency. It is heavily built up in many areas which is why a property of this scale so rarely comes onto the market.
