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Paola Site or large house for sale (huge potential)

€ 850,000

Description

Is this really the owner ?

This seller has indicated that they own this property. If this is incorrect, let us know.

Paola one large townhouse currently split into 3 units. Site footprint approx 219sqm 13.1m facade & 16.7m depth. Freehold.
Development zone area typology A4b and student priority area which does not restrict the proportion of one bedroom housing units. 13.5m max height 3+1.

OR

Huge potential to convert into a boutique hotel - spa - roof pool due to the stratigic location minutes away from paola square hypogeum shops and easy access to Valletta, 3 cities, Sliema and more by direct bus.

OR

House also can be a rental investment as house is currently split into 3 seperate units all with own door, water and electricity meters. The house has ample original features such as wooden beams - arches - wooden doors, huge cellar (whole floor) with well and small unconverted garden - unique front door greeting stones on pavement and much more.

Currently house has 3 kitchens, 3 bathrooms, 3 sitting rooms, 5 bedrooms, large back terrace & whole roof with airspace also clearly seeing up until Mdina. Government grants available for a maximum of 54,000€ cash back for restoring this beauty of a house.

Viewing is a must
Intrested people can view by appointment.
Property sold directly from owners. No agents please
Intrested people can call on 79301777

Other Details

House of characterPaolaFinished
5YesNo

Item Details

9944002
49
Property For Sale
01/07/2025

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