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Palazzo in Valletta

a large stairway leading to a room with a window
0 / 0

Price on Request

1420

Listed by: Bernards

Last updated:

Description

Valletta – A stunning opportunity has arisen to own a piece of history– an unconverted freehold Palazzo in the heart of Valletta, one of the Capital’s prime pedestrian areas, a mere few steps away from the President’s Palace. Originally built as a Knight’s home, the property still retains its original coat-of-arms on the façade, adding to its historical charm. For the last 100 years, it has been used by a merchant importer and retailer, with much of the original storage racks still in place, showcasing the building’s legacy. The property spans approximately 420 sqm spread over three floors and includes a small cellar that has potential for expansion. There is also the possibility for further development on the roof, which could be extended to the neighbouring level, allowing for various creative uses. Boasting great potential, this Palazzo could be transformed into offices, a boutique hotel with a restaurant and street dining area, or a stately home, subject to necessary renovations. This is an exceptional investment opportunity in one of the most sought-after locations in Malta!

Details

Bedrooms

1

Built Area

420

Property Type

Palazzo

Location

Valletta

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Bernards

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