Property description

Located in one of the best areas of the capital city Valletta, is this stunning historic 16 th Century restored Palazzo for sale ideal either as a great commercial investment in the hospitality business or as a grand residential property/family home. As a commercial guesthouse, potential to have up to eleven suites with potential to extend further with permit to build another floor. This lovely palazzo enjoys original historic features/architecture throughout property. Palazzo comprises at ground floor level, an imposing front door main entrance that leads onto a grand entrance hallway which then leads to an eye-catching central courtyard with access to a spacious well preserved underlying cellar – with potential to convert as a spa/pool area. Continuing inside, a original stone staircase leads you up to the other three floors, as well as a brand new lift with access across all three floors. Across the other floors, one finds twenty-two rooms all finished to high standards including at penthouse level with outdoor terrace enjoying unobstructed views of the Grand Harbour. A truly remarkable property enjoying historical presence in the capital city and potential to extend further with permit to build another floor. Freehold. Anna Cirrincione, +356 9996 2506, acirrincione@remax.com.mt