Prime Valletta Corner Palazzo with Unique Potential

Prime Valletta Corner Palazzo with Unique Potential

€450,000

Introducing an exceptional corner Palazzo in Valletta's prestigious Urban Conservation Area (UCA), offering a rare investment opportunity with significant tax benefits. Currently configured into three interconnected properties, each with its own address, this Palazzo is eligible for the UCA scheme, which can reduce or eliminate stamp duty costs. A standout feature is the ground-floor corner shop, located in a bustling high-foot-traffic area, ideal for retail or other commercial ventures. The current owners have submitted a planning application to convert the entire block from residential to commercial use, including plans for a penthouse-like unit at the roof level, further enhancing the property's commercial appeal. This Palazzo presents endless possibilities, whether you're envisioning a residential complex, a boutique hotel, or a commercial hub. Offered as a freehold property, it is a versatile and lucrative investment in one of Valletta's most vibrant areas. Don't miss this extraordinary opportunity—explore the potential of this unique property today!