St Julian's HOTEL, Balluta Bay, Malta
Balluta Bay, Saint Julian's, Malta
Property ID: 24405954
Summary Data
Price | £4,814,590 |
Price Type | For Sale |
Plot Size | |
Building Size |
Sector | Commercial |
Type | Hotel Property |
Tenure | |
Completion |
Location Map
Property Description
Hotel in need of refurbishment currently closed down currently consisting of 63 rooms with permits in hand to extend rooms to a total of 83 rooms.
Located a few meters from the sea. Permits in hand for a 3 star superior Hotel and 3 aditional floors
This Property can also be suitable as a site for development
As a site, this site could renderr 8 or 9 floors, meaning 2 three bedroom €140sqm/€150sqm (approx.) apartments per floor, either 16 or 18 units.
The chances are that we would gain the extra floor whereby we could have 18 spacious 3 bedroom units.
Or
24 or 27 units if one constructs 3 units per floor.
2 or 3 levels of garages are possible
Contact us for full details.
Unique opportunity