Overview
Description
Commercial building for sale in Mriehel, situated in the heart of the business district. This building for sale in Mriehel features:
– Ground floor warehouse with intermediary level
– Two floors of open space offices
– Basement
– Airspace with option to build another floor
– High ceilings
– Lift shaft ready
– Freehold
This commercial building for sale in Mriehel is ideal as a headquarters or for a logistics company.
About Mriehel
Mriehel is situated next to Birkirkara and is one of the most popular Business areas. Central and well connected. It is the first business location to have the largest number of prestige, newly build business centers.
The Mriehel business district – is now to be referred to as the Central Business District. Despite that it’s a relatively new area more than 270 businesses, most of whom are small industries, with more than 100 different business activities established their headquarters here. The number of employees reaches more than 12,000.
Distance from key locations in Malta:
Malta International Airport: 7.7 km
Valletta: 6.0 km
Sliema: 6.1 km
Cirkewwa Ferry Terminal to Gozo: 25.0 km
The starting annual rental price per square meter in Mriehel is 150€
Find all available offices in Mriehel or contact Office Market for personal assistance.
Nestled in the core of Mriehel’s bustling business district, this building for sale in Mriehel offers a myriad of features. It includes a ground floor warehouse with an intermediary level, two expansive floors of open space offices, a basement, and high ceilings throughout. Notably, it also presents an airspace with the option to construct an additional floor, along with a lift shaft ready for installation.
With the added benefit of freehold ownership, this building for sale in Mriehel presents an ideal investment opportunity, catering perfectly to headquarters or logistics companies seeking a strategic location.
Malta’s real estate market has remained relatively strong over the past few years, buoyed by consistent demand in commercial spaces due to the island’s growth as a business hub. This includes sectors such as gaming, finance, IT, technology, and professional services, which continue to drive demand for office and industrial spaces. Areas like Valletta, Sliema, and St. Julian’s have traditionally been the top performing locations due to their accessibility, status, and infrastructure.
However, in recent years, there has been an increased interest in emerging areas like Mriehel (Malta’s Central Business District) and Birkirkara, as these locations offer lower entry costs compared to the prime areas, with good access to transport and amenities.
Location
The location of the commercial property plays a pivotal role in ROI. Premium areas like Valletta and Sliema command higher rental rates, but properties in these locations can also offer higher upfront costs. On the other hand, more affordable areas such as Birkirkara and Mosta may provide opportunities for higher rental yields relative to the investment cost, which could result in better long term returns.
Property Type
Offices, retail spaces, and industrial properties all yield different returns. Office space in prime locations is often seen as a secure, long-term investment, with good rental income. Retail spaces, particularly in high traffic areas, can provide attractive returns but may come with more volatility due to market trends and consumer behavior.
Capital Appreciation
Over the last decade, property values in Malta have steadily appreciated, making commercial property a sound long-term investment. However, ROI can be influenced by market cycles and economic factors such as interest rates, inflation, and demand for space.
Details
Updated on March 24, 2025 at 7:18 amLoan Calculator
Notifications