Exclusive Listing · Malta
A historic building in Bormla being restored as a themed hotel, offered as a share.
Bormla is one of Malta's Three Cities, a fortified harbour city to the east of Valletta. This commercial property is a historic building being carefully restored as a themed hotel, with soundproofed rooms designed around different moods. The buyer takes a share in the property while the developer manages the restoration. It suits an investor interested in hospitality in a historic setting who is comfortable with a project in progress and takes independent legal advice.
Why This Opportunity
A historic building in a fortified harbour city beside the Grand Harbour.
A hotel concept built around moods, with soundproofed rooms and a consistent design.
A commercial unit of 212 square metres with two bedrooms and two bathrooms.
The developer manages the restoration, so the buyer does not run the works.
The Area
Getting around
Bormla (Polverista) bus stop
Bus stop · Routes 1, 2, 124 · ~500 m · 6 min walk · ~22 min to Valletta (Route 1)
Malta International Airport (Luqa)
Airport · ~6 km · 15 min drive
Nearby
Cottonera Lines
Landmark · ~600 m · 8 min walk
St Helen's Gate
Landmark · ~500 m · 7 min walk
Fort St Angelo, Birgu
Landmark · ~2 km · 6 min drive
Rinella Bay
Beach · ~3 km · 8 min drive
Mater Dei Hospital (Msida)
Hospital with ER · ~7 km · 20 min drive
Schools
Cospicua Primary School (Triq Xandru)
State primary school · Primary · ~400 m · 5 min walk
St Edward's College, Vittoriosa
Independent school (Catholic, optional boarding) · Ages 4-18 · ~2 km · 6 min drive
Questions
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.