St Julian's HOTEL Balluta Bay, Saint Julian's, Malta Hotel £5,000,325 | €5,500,000 | $6,457,550 Request a Currency Exchange Quote Here

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. Contact us for full details.

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Property Description ID:24405954

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

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