Excellently located Town House in the heart of this most historic city a few meters away from the main square and a very short walk to the grand harbour marina. This typical and traditional Maltese 1950s property is in an excellent structural condition and consists of a welcoming entrance hall followed by a kitchen and dining area, a living room, a small back yard and a guest shower room. A comfortable staircase leads to the first floor which houses two double bedrooms and a guest shower room followed by an identical layout at the second floor level. The roof on the third floor has active permits for it to be further developed to house an additional two bedrooms (for a total of 6 bedrooms). The property has full development permits for a fourth floor level to be built and to be converted and used a boutique hotel which will have seven double bedrooms all with en-suite and space for a kitchenette, a reception area and a beautiful 65 sqm roof terrace with magnificent views of the Valletta Grand Harbour. Once done up the property will have an internal habitable space area of 260 square meters and an outdoor entertainment area of 75 square meters. Great investment opportunity for those who are looking to have an active role and be part of the vibrant and growing Maltese Tourism industry.
