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Birgu - Palace/Castle/Manor

€1,800,000
Available From:
Available
Ref No.:
65418
Type:
Palace/Castle/Manor
Bedrooms:
9
SQM:
460
Room:
20
Bathrooms:
3
: 9
: 3
: Birgu
Sea View
Yard
Town View
Roof Terrace
Open Plan
Utility Room
Basement
Airspace
Freehold
Unconverted
Whole Roof
Corner
Traditional Balcony
Washroom
Guesthouse
Wine Cellar
Courtyard

An unconverted corner Palazzo in Vittoriosa dating back to the late 1800s with magnificent Marina Views. Having three entrances on two roads and is close to the waterfront with the potential to be converted into a Boutique Hotel. It consists of approximately 20 rooms (circa 460 internal sqm) with the possibility to extend further. It is structurally sound, freehold, built on a plot area of 150 square meters, and has a large cellar at the basement level. The roof level can be extended further and possibly have a rooftop terrace with a pool. This a one-time opportunity. The property possesses a lot of historical features. If the property is developed as three different properties (three entrances), one can benefit from the UCA refurbishment scheme (50 000Eur per property).