Exclusive Listing · Malta
Freehold, unconverted three-storey palazzo of about 420 square metres in a pedestrian area
Valletta is Malta's capital, and this palazzo stands in one of its pedestrian areas, among central civic buildings and within walking distance of its main sights. The building is more than 400 years old, freehold and unconverted, and measures approximately 420 square metres over three floors with a small cellar. Thick stone walls, arched openings, patterned floor tiles and timber ceilings survive, along with storage racking from its past as a merchant's premises. It suits a buyer planning offices, a boutique hotel with a restaurant or a private residence, subject to planning approval.
Why This Opportunity
The palazzo is freehold and measures approximately 420 square metres over three floors, so there is no lease term to price in.
The street is closed to everyday traffic and sits among Valletta's civic buildings, which suits visitor-facing or office uses.
Stone walls, arched openings, patterned floor tiles and timber ceilings give a restoration a historic base.
Offices, a boutique hotel with a restaurant, or a stately home are the uses put forward by the seller.
The cellar can possibly be expanded and the roof developed up to the neighbouring building's level, subject to planning approval.
The Area
Getting around
Valletta bus terminus (outside City Gate)
Bus terminus · Routes 1-94 (Malta Public Transport hub); e.g. 14, 21, 32, 47, 122, 130 · ~100 m · 2 min walk · In Valletta (the hub); ~10 min to Msida (Route 21)
Valletta Ferry (Lascaris Wharf / Marsamxett)
Ferry terminal · Valletta Ferry Services, Valletta–Sliema · ~700 m · 10 min walk · ~10-12 min to Sliema
Lascaris
Ferry terminal · 2.0 km · 5 min drive
Malta International Airport
Airport · 10.0 km · 15 min drive
Nearby
Sir Paul Boffa Hospital
Hospital · 2.4 km · 6 min drive
M&S Simply Food
Supermarket · 700 m · 9 min walk
M&S Outlet
Department store · 730 m · 9 min walk
Mater Dei Hospital (Msida)
Hospital with ER · ~5 km · 12 min drive
Upper Barrakka Gardens
Park · ~600 m · 8 min walk
St John's Co-Cathedral
Landmark · ~400 m · 5 min walk
Is-Suq tal-Belt (Valletta Market)
Food market hall · ~350 m · 5 min walk
Valletta Waterfront
Waterfront promenade · ~1 km · 15 min walk
Schools
Saint Albert the Great College
School · 670 m · 8 min walk
University of Malta (Valletta Campus)
University · 1.6 km · 4 min drive
St Edward's College
Independent school (Cottonera, Birgu) · Ages 4-18 · English-medium, O-Level · ~4 km · 12 min drive
Verdala International School
International school (Fort Pembroke) · Ages 3-18 · IB (PYP, MYP, Diploma, Career-related) · ~11 km · 25 min drive
De La Salle College
Church school (Bormla) · Primary, secondary and sixth form · ~3.5 km · 10 min drive
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