Commercial
Block, Pieta
€2,500,000
Property Features
Terrace
Balcony
Elevator
Roof - Private
Roof - With Airspace
View - Building
View - Open
View - Sea
Wheelchair Accessible
Property Description
Large seafront Block of 6 units in an exceptional position overlooking Marina di Valletta being sold in shell form and with permits both for office and residential use. The 6 bright units enjoy excellent sea views as well as magnificent views of the historic fortifications and the Sa Maison pine grove. Some of the units enjoy double-height and unique intermediate levels. The existing plans cater for 2 large and bright ground floor office units with additional intermediate levels overlooking a very large courtyard, with ample space for outdoor recreational space. The large office setup will easily cater for 30 office employees. In addition, there are 4 large seafront apartments, 3 three-double bedroom apartments and 1 large two-double bedroom apartment. All units are bright and enjoy excellent views. Block is an excellent investment opportunity offering a mix of both office and residential units. It also has the rare potential of being transformed into a prestigious office block (it can be transformed into a head office or corporate block of a large company) or a seafront hotel. The block is brand new and has been built to high standards. The common area is large and a lift shaft is included and already built. An award winning interior architect has worked on detailed designs and renders that are being included in the price. This is a unique opportunity for the right investor to acquire a central seafront block of apartments or offices in the heart of Pieta seafront, a stone's throw away from Valletta and just across the Marina di Valletta.
Where you'll work
Pieta
Pietà (or Tal-Pietà) is a small town located on the outskirts of Valletta, the capital city of Malta. Pietà is the next suburb closest to the capital after Floriana. Its name is derived from Italian and signifies "mercy". The previous Maltese national hospital, St. Luke's, is in Pietà, as well as the University of Malta Medical School. Pietà is a coastal town, and an old boathouse of notable historic interest is located here on the waterfront. Also of historic interest, and visible in several medieval prints, is the little chapel of Our Lady of Sorrows, which dates from the seventeenth century, it is still in active use today.