Description
This beautiful unconverted Palazzo is situated right in the centre of the commercial part of central Valletta in a pedestrianized street, a few meters from the President's Palace and Suq tal-Belt. The property is ideal as a project for offices since it is close to the law courts, or ideally a 6-8 double bedroom Boutique Hotel, with a busy cafeteria or restaurant, with the potential for outside seating in reserved area in the street in front (subject to permit), which is as yet unoccupied, giving good turn-over of tables and income generation. The property consists of a nice entrance, complete with vaulted ceiling and patterned tiles, that leads onto 3 sizable rooms at ground floor level, as well as other smaller rooms. A characteristic courtyard that is presently roofed over is located in the middle of the Palazzo, and two separate steps that lead down to basement level, but have however been closed off. An imposing staircase giving onto the courtyard leads to the second floor which largely replicates the ground floor. The property enjoys the full third floor which replicates the other floors plus has a huge room that is around 12m x 5m and enjoys two windows and a typical Maltese balcony, that can easily be converted into two separate rooms with ensuite facilities. The house next door has two more floors, and thus there is potential for development at roof level. This property is structurally sound and all rooms enjoy high ceilings.
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Features
- Study Yes
- Yard Yes
- Terraces Yes
Additional details
- Bedrooms 5
- No of Bathrooms 5
- Kitchen 1
- Dining Room 1
- Living Room 1
- Sitting Room 1
- No.of Reception 2
- Hallway 1
- Balcony 2
Local Information Valletta
Valletta, The Fortress City, Citta' Umilissima, “A city built by gentlemen for gentlemen”. These are some of the names given to Malta's capital city: a living, working city, the administrative and commercial heart of the Islands.
Valletta is named after its founder, the respected Grand Master of the Order of St. John, Jean Parisot de la Valette. The magnificent fortress city grew on the arid rock of Mount Sceberras peninsula, which rises steeply from two deep harbours, Marsamxett and Grand Harbour.
Started in 1566, Valletta with its impressive bastions, forts and cathedral, was completed in the astonishingly short time of 15 years.
Valletta has many titles, all recalling its rich historical past. It is the “modern” city built by the Knights of St John; a masterpiece of the Baroque; a European Art City and a World Heritage City. Today, it is one of the most concentrated historic areas in the world.
The city is busy by day, yet retains a timeless atmosphere. The grid of narrow streets boasts some of Europe's finest art works, churches and palaces.
Hosting a vast cultural programme, walking around Valletta you’ll come across an intriguing historical site around every corner: votive statues, niches, fountains and coats of arms high up on parapets. Narrow side streets are full of tiny quaint shops and cafés, while Valletta’s main streets are lined with larger international branded shops for fashion, music, jewellery and much more.
