20 Bedroom House For Sale in Cospicua (Bormla)

€4,500,000


Property description

COSPICUA Dive into a rare investment opportunity in Cospicua, a jewel within the Three Cities, offering an unparalleled chance to own and transform a collection of four townhouses and an adjoining spa with a pool into a boutique hotel, envisioned to host 28 to 30 luxurious rooms (subject to permits). This unique property sprawls across multiple levels, showcasing the possibility of expansion to enhance its grandeur and capitalize on the breathtaking vistas and the surrounding historic cities. Positioned in a prime location, this property embodies the quintessence of Maltese charm and architectural character, making it an ideal candidate for a transformation into a boutique hotel that could become a landmark destination for tourists and locals alike. Its proximity to cultural landmarks, combined with the existing spa and pool, lays the foundation for an exclusive hospitality experience, blending relaxation with immersive history. The property is in a habitable state and the rooms require varying levels of finishing. The current layout consists of 20 bedrooms, each with either an ensuite bathroom or a feasible option to install one. The potential to build further floors promises an even more spectacular view across the iconic and mesmerizing skyline of the Three Cities, offering guests an unforgettable stay. This property not only presents a lucrative investment opportunity but also the chance to create a bespoke hotel experience, enriched with the character and elegance that define Cospicua and its surroundings. Embrace the possibility of turning this exceptional property into the most spectacular hotel, where location, character, and potential converge to offer an unmatched experience in the heart of one of Malta's most revered locales.
Ref: 72995 Size: 2300sqm Bathrooms: 30

Features

Sea View
Front Terrace
Back Terrace
Kitchen

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€20,275.25 per month*



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    Disclaimer - Property reference 72995. The information displayed about this property comprises a property advertisement. PropertyMarket.com.mt makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. The information is provided and maintained by Zanzi Homes.