€ 277,400 Annually
A beautiful 25 rooms palazzino built in 1598 having original Maltese characteristic features and located in Republic Street Valletta, close to Fort St Elmo and the Grand Master’s Palace. Built on an area measuring circa 860 sqm , property enjoys multi-purpose potential that could accommodate a private residence for the discerning or a very sought after 19 bedroom en suite boutique hotel for which it permits are already in hand. Detailed proposed plans are available which give a clear indication of the potential that the property endures. This is an original palazzo situated in a sought after area offering a unique opportunity to the right client who wants something totally original. Viewing is highly recommended to appreciate such a gem. The property is being rented at this price of 40 euros per room per night as advanced shell.
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