Townhouse in Rabat | West

Rabat, Malta

For Sale

€1,382,000

REF: 875643 €1,382,000


7

Description

An unconverted house of character in Rabat, minutes away on foot from Mdina. The property has a plot area of approx. 316 m2 and is being sold freehold. The property is situated on 3 floors and enjoys many traditional features such as arches and wooden beams, patterned tiles, thick rubble walls, and a traditional balcony.

This property consists of a series of rooms, served with water and electricity, enjoying 2 large central courtyards enjoying a well and a shelter.This property would be ideal for conversion into a Boutique Hotel or a ResidenceFor more information regarding this property please contact one of the numbers provided or visit one of our offices.
An unconverted house of character in Rabat, minutes away on foot from Mdina. The property has a plot area of approx. 316 m2 and is being sold freehold. The property is situated on 3 floors and enjoys many traditional features such as arches and wooden beams, patterned tiles, thick rubble walls, and a traditional balcony.

This property consists of a series of rooms, served with water and electricity, enjoying 2 large central courtyards enjoying a well and a shelter.This property would be ideal for conversion into a Boutique Hotel or a ResidenceFor more information regarding this property please contact one of the numbers provided or visit one of our offices.
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Property on Map

#ST449690

Currency Exchange

Rabat, Malta

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Malta takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,382,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,382,000 £1,138,630 £1,199,700 £61,071
Property Price € €1,382,000
Minimum cost in the last six months £1,138,630
Maximum cost in the last six months £1,199,700
Fluctuating exchange rates over the last six months could have increased the cost of this property by £61,071

Rabat, Malta

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Malta do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Malta takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,382,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,382,000 £1,138,630 £1,199,700 £61,071
Property Price € €1,382,000
Minimum cost in the last six months £1,138,630
Maximum cost in the last six months £1,199,700
Fluctuating exchange rates over the last six months could have increased the cost of this property by £61,071

The exchange rate on the day you make an offer on your property in Malta will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £61,071 more.

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