Tracked on Darna today
Discover an extraordinary investment opportunity in the heart of Paceville, Malta's bustling entertainment hub. This prime 475sqm plot comes with a commercial permit to develop a state-of-the-art hotel featuring 108 rooms spread across 11 floors above street level, plus three underground levels. The site is already excavated, ensuring a seamless start to your development project.Alternatively, the property can be transformed into a block of modern apartments, spanning 12 levels, including the basements. This flexibility allows you to tailor your investment to market demand, maximizing returns.Imagine owning a landmark establishment in one of Malta's most sought-after areas, offering stunning views and unparalleled convenience. Don't miss this golden opportunity to make a significant impact in the thriving Paceville real estate market.Seize this chance to create a thriving hospitality or residential venture. Contact us today to explore this exceptional property and turn your vision into reality!
Reference: sm-51480
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Estimated monthly payment: €46,667/mo
Get Mortgage Quote*Estimate based on 80% LTV, 4% rate over 25 years