
Listed for 870 days — long on the market, may be negotiable
Situated on a quiet street near Valletta's Carmelite Church, this 18th Century Palazzo has undergone tasteful refurbishment while preserving its original charm. Features such as high ceilings, Maltese balconies, limestone walls, and patterned tiles retain the Palazzo's historic allure. Spread across multiple levels, it offers various possibilities. The ground floor boasts an impressive entrance hall with a lift servicing all floors, along with a flat-let featuring a fully equipped kitchen, living/dining area, bedroom, bathroom, and internal courtyard with a separate entrance. Moving upwards reveals large rooms typical of a palazzo that can be used as bedrooms, office space, etc, depending on the buyers' needs. The roof level presents expansion opportunities. Permits in hand for an additional floor. This can allow the palazzo to accommodate up to 11/12 suites with their own en-suite facilities. This freehold property holds diverse potential, whether as offices, a boutique hotel, or a beautiful residence.
Reference: SPZO614304
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Estimated monthly payment: €9,600/mo
Get Mortgage Quote*Estimate based on 80% LTV, 4% rate over 25 years