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Palazzo in Valletta

📐 860📅 Listed 1 day ago

About this property

A distinguished 400-year-old palazzo situated in the heart of the capital city, offered for sale in shell form with approved permits for conversion into an 18-room boutique hotel. Rich in character and historical significance, the property presents a unique opportunity to bring a landmark hospitality project to life while preserving its timeless architectural heritage. The approved plans envision a refined boutique hotel that harmoniously blends historic features with contemporary luxury, including elegant accommodation suites, sophisticated common areas, and a rooftop leisure space complete with a pool, lounge, and intimate hammam. The design concept focuses on creating an exclusive guest experience that combines cultural authenticity with modern comfort and understated elegance. Located within walking distance of the city’s most celebrated cultural attractions, including the Teatru Manoel, the St James Cavalier Centre for Creativity, and the Mediterranean Conference Centre, the property is perfectly positioned to benefit from the capital’s vibrant atmosphere, rich history, and thriving hospitality scene. A distinguished 400-year-old palazzo situated in the heart of the capital city, offered for sale in shell form with approved permits for conversion into an 18-room boutique hotel. Rich in character and historical significance, the property presents a unique opportunity to bring a landmark hospitality project to life while preserving its timeless architectural heritage. The approved plans envision a refined boutique hotel that harmoniously blends historic features with contemporary luxury, including elegant accommodation suites, sophisticated common areas, and a rooftop leisure space complete with a pool, lounge, and intimate hammam. The design concept focuses on creating an exclusive guest experience that combines cultural authenticity with modern comfort and understated elegance. Located within walking distance of the city’s most celebrated cultural attractions, including the Teatru Manoel, the St James Cavalier Centre for Creativity, and the Mediterranean Conference Centre, the property is perfectly positioned to benefit from the capital’s vibrant atmosphere, rich history, and thriving hospitality scene.

I

Ilya Schembri

Estate Agent

€2,900,000

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This property can be yours for:

10,506 / month *

Loan Amount

2,610,000

Deposit (10%)

290,000

* Calculation is based on the basis that (i) the property being purchased will serve as your primary residence and (ii) you have no outstanding home loans upon the signing of deed (iii) repayments are calculated on a 40 year term. The monthly repayment figure is only indicative and is not an offer or solicitation of a loan. You are requested to schedule an appointment with one of our expert loan advisors for further assistance of your home loan application.

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