Town House For Sale in Valletta

€4,200,000


Property description

Set in an exceptional position within Valletta, this magnificent historic palazzino is a rare property offering remarkable scale, character and development potential, together with uninterrupted views extending across Malta. The property presents a unique opportunity to create a prestigious private residence, two generous three- to four-bedroom duplex apartments, high-end offices, or an exclusive boutique hotel of approximately 12 spacious suites. Depending on the chosen concept, there is potential to incorporate a reception and lobby area, lift, commercial kitchen and back-of-house facilities, while the roof level could be transformed into an exceptional leisure space with a swimming pool and panoramic terraces. Rich in architectural character, the building retains an impressive double-height entrance hall and a substantial central courtyard, together with two rooms at ground-floor level that remain in their original, unconverted state. A spacious basement cellar provides additional ancillary space. The first floor comprises five exceptionally generous rooms, characterised by imposing 21-course-high ceilings, complemented by a grand staircase and traditional garigor providing access towards the roof. An additional intermediate room is positioned on each level. The second floor follows a similar configuration, bringing the total to ten substantial rooms across the two principal floors. Each of the first and second floors offers approximately 170 sqm of internal usable area, excluding internal walls, staircases and ancillary spaces, providing an impressive footprint for a variety of redevelopment concepts. At roof level, two sizeable rooms offer further possibilities for extension, subject to the necessary permissions. This creates the potential for an outstanding rooftop garden, terrace and pool area — an exceptional setting from which to enjoy sweeping, unobstructed 360-degree views across Malta. A property of genuine distinction, this remarkable palazzino combines historic architecture, generous proportions, exceptional views and significant redevelopment potential, all within the UNESCO World Heritage Site of Valletta. An exceptionally rare opportunity to create something truly extraordinary in one of Malta's most prestigious and historic locations.
Ref: HC700466

Features

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    Disclaimer - Property reference HC700466. 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 Perry Ltd.