Property Description
An imposing historical Palazzo situated in a highly prominent position in one of Valletta's two main pedestrianised streets is being offered for sale. Dating back a few hundred years, the property is laid over four floors including the roof and measures circa 450sqm internally. Having a central courtyard and high ceilings, the building is structurally sound though in need of renovation. One may obtain building permission to erect two additional floors increasing the internal area by an additional estimated 300sqm plus a large front terrace with panoramic views of the grand harbour. The property layout consists of several large and smaller rooms with a sala nobile on the second floor complete with large traditional Maltese timber balcony on a double fronted facade.
The palazzo would make a magnificent home, boutique hotel, office, business or retail centre. A small basement forms part of the property with natural ventilation from a street vent.
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