Prime Development Opportunity in Marsa, Malta

Prime Development Opportunity in Marsa, Malta

Seen 22 hours ago

€930,000

Existing house
Development potential
Access from two staircases
Basement storage area
Full ownership of airspace
170m2

This exceptional site in Marsa presents a remarkable development opportunity, featuring an existing house on a 170 square meter footprint. Positioned opposite a garden, the property benefits from a pleasant open outlook and is located within a 4+1 development area. With the potential for demolition and redevelopment into a small residential block, subject to necessary permits, this site is perfect for developers and investors aiming to maximize its potential. Additional features include access from two separate staircases, a basement storage area, roof access, and full ownership of the airspace, making it an ideal investment in a well-established residential area.