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€3,950,000

Est. €16,565/mo mortgage

Pieta, Palazzo

Pieta, Malta · REF 919913

    About this property

    Nestled in the evolving Gwardamangia area of Pieta, this distinguished 19th-century residence, accompanied by an adjacent property, spans an impressive 1,400sqm. A significant highlight is the extensive 950sqm private garden, featuring mature trees and intricate architectural elements. The property boasts nine bedrooms and four bathrooms, retaining its original grandeur with high ceilings, traditional cement tiles, and a magnificent grand staircase. Approved permits are in place for its conversion into a 20-room boutique guesthouse, including plans for parking, a gym, and an indoor pool. Its unique location near the former residence of Queen Elizabeth II, soon to be a museum, offers remarkable cultural synergy. Enjoy panoramic rooftop views of the Pinetum, Floriana’s bastions, and Marsamxett Harbour. This property represents a prime investment opportunity, ideal for a luxury hospitality venture or a prestigious private home, blending historical charm with modern potential.

    Mortgage calculator

    €16,565 per month

    Fixed 3.8% interest rate, indicative

    Stamp duty calculator

    Estimated transfer tax

    €197,500

    • Standard rate (5%)€197,500

    The property is located in Pieta

    Frank Salt Real Estate

    Listed by Frank Salt Real Estate

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