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Hotel for Sale In Paceville , St Julians

Ref. No: 51480

  • LOCATION: Paceville
  • Area 5700 Sq metres
  • PRICE:€ 17,500,000.00
  • Longlet: No
  • Property Sale: Yes

Discover an extraordinary investment opportunity in the heart of Paceville, Malta’s bustling entertainment hub. This prime 475sqm plot comes with a commercial permit to develop a state-of-the-art hotel featuring 108 rooms spread across 11 floors above street level, plus three underground levels. The site is already excavated, ensuring a seamless start to your development project.

Alternatively, the property can be transformed into a block of modern apartments, spanning 12 levels, including the basements. This flexibility allows you to tailor your investment to market demand, maximizing returns.

Imagine owning a landmark establishment in one of Malta’s most sought-after areas, offering stunning views and unparalleled convenience. Don’t miss this golden opportunity to make a significant impact in the thriving Paceville real estate market.

Seize this chance to create a thriving hospitality or residential venture. Contact us today to explore this exceptional property and turn your vision into reality!

About the area: North East
North East Malta is one of the more scenic and popular areas of the island, known for its beautiful coastline, charming towns, and rich history. The region includes several key locations, such as Mellieħa, which is popular with tourists, Golden Bay, another iconic beach known for its golden sands and crystal-clear water, and Comino is an island situated between Malta and Gozo.
PRICE: € 17,500,000.00
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