Property description

A rare opportunity to lease a prestigious double-fronted commercial palazzo in the heart of Valletta, ideally situated within walking distance of the city's main attractions, business district, restaurants, and cultural landmarks. Set over five floors, the property enjoys an open-plan layout, is partially renovated, and currently comprises 20 rooms. The lease includes full use of the airspace, offering exceptional potential for further development, with the possibility of adding two additional floors (subject to permits). This unique property presents an outstanding opportunity to create a 40 to 48-room luxury boutique hotel, making it an ideal proposition for experienced hotel operators, hospitality groups, and investors seeking to establish a flagship presence in one of the Mediterranean's most sought-after destinations. With Valletta's thriving tourism industry and year-round demand for quality accommodation, opportunities of this calibre are exceptionally rare. Contact us today to discuss lease terms, arrange a confidential viewing, and explore the full potential of this outstanding hospitality development opportunity. Anna Cirrincione, +356 9996 2506, acirrincione@remax.com.mt