Commercial
Block, Pieta
€1,020,000
7
150m2
479 m2
Total Area
150m2
Plot Area
329 m2
Internal Area
150 m2
External Area
Property Features
Basement
Terrace
Bathroom
Bedroom
Boxroom/Storage room
Cellar
Dining room
Ensuite
Flatlet
Guest Toilet
Kitchen
Laundry Room
Living room
Open Plan
Roof - With Airspace
Study
Property Description
This versatile building offers strong commercial and residential potential in a rapidly developing area. The basement and ground floor are both licensed with a 4B permit, making them suitable for retail or service-based businesses. The first and second floors contain two apartments that can be configured as one- or two-bedroom units. Natural light fills the space through open glass balconies.
At roof level, there is a washroom and the potential to develop a penthouse. Full airspace is included, and the area is likely to be upgraded to a 6+1 in the future, presenting significant potential for vertical expansion. There is also space to build a garage and install an elevator, offering further flexibility. This property is a strong opportunity for both immediate use and future development in a high-growth area. The property is being sold semi-finished, without doors and bathrooms, allowing for custom completion.
At roof level, there is a washroom and the potential to develop a penthouse. Full airspace is included, and the area is likely to be upgraded to a 6+1 in the future, presenting significant potential for vertical expansion. There is also space to build a garage and install an elevator, offering further flexibility. This property is a strong opportunity for both immediate use and future development in a high-growth area. The property is being sold semi-finished, without doors and bathrooms, allowing for custom completion.
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.