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24405954 - Buy a Hotel in Malta, Saint Julian's, Balluta Bay

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St Julian's HOTEL

Property Information

Type: Hotel Property ID: 24405954
Location: Balluta Bay, Malta Added on: 15 Jun 2016
Price: £4,776,200

Short 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. Contact us for full details.

Key Information

  • Property ID: 24405954
  • Location: Balluta Bay
  • Property Type: Hotel
  • Prices: £ 4,776,200 / € 5,500,000 / $ 6,112,150

Full 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

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  • Hotel
  • 0 bedrooms
  • Malta
  • Balluta Bay
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