Unconverted Town House in Valletta - €1,600,000
Description
Located in the heart of the capital city of Valletta, this unconverted corner TOWNHOUSE offers an excellent opportunity for restoration and investment. Rich in traditional features, the property includes a spacious cellar and classic Maltese wooden balconies, adding character and authenticity to the residence.
Upon entering, a welcoming entrance hall provides direct access to the cellar, offering valuable storage space or potential for conversion. The upper floors are thoughtfully distributed, with a bedroom and bathroom located on both the first and second floors.
The third floor comprises a kitchen, living area, an additional bathroom, and a bedroom, while at roof level one finds a further bedroom together with a washroom, providing flexibility for a four- to five-bedroom layout depending on individual requirements.
The property enjoys full ownership of its airspace, offering excellent potential for further extension, subject to the necessary permits.
Being sold freehold, this corner townhouse presents significant potential once converted, making it an ideal rental investment, boutique guesthouse, or professional office space, particularly given its prime location within one of Maltas most sought-after historic areas.
Since the property lies within a designated Urban Conservation Area (UCA), it benefits from attractive tax incentives, making it an even more appealing investment opportunity.
Property Details
- STUC7087
- €1,600,000
- For Sale
- 5
- 3
Rooms
-
Bathroom
2.47x1.64 – (4.07sqm) -
Bathroom 1
2.47x1.64 – (4.07sqm) -
Bathroom 2
2.47x1.64 – (4.07sqm) -
Bedroom 1
5.03x5.35 – (26.94sqm) -
Bedroom 2
3.27x5.11 – (16.77sqm) -
Bedroom 3
3.26x5.72 – (18.65sqm) -
Bedroom 4
3.33x5.20sqm – (17.35sqm) -
Bedroom 5
-
Entrance Hall
-
Kitchen
5.24x3.33 – (17.51sqm) -
Living Room
2.18x5.67 – (12.42sqm) -
Washroom
1.67x2.48 – (4.17sqm)
