312853
€1,170,000
4
350 Sq Mt
Discover a remarkable 400-year-old palazzino in the heart of Cospicua (Bormla), one of Malta’s historic Three Cities and an area experiencing significant regeneration. Set within a quiet Urban Conservation Area (UCA), this substantial freehold property offers a rare opportunity to acquire a residence rich in authentic Maltese character, with considerable potential for restoration and redevelopment.
Arranged over three full floors, with two underground cellars, the property comprises four bedrooms, three bathrooms, a separate washroom, an internal courtyard and full roof access. It retains an impressive collection of original features, including thick limestone walls, traditional Maltese tiles, flagstone flooring, high ceilings with stone slabs and wooden beams, antique details, traditional staircases and Maltese balconies. The central courtyard, complete with its original well, allows natural light and ventilation to flow throughout the property, enhancing its distinctive atmosphere.
The basement level features a large arched room and an additional chamber, offering exciting possibilities for a wine cellar, wellness area or other complementary use, subject to the necessary permits.
At ground-floor level, an impressive entrance hall leads to a welcoming living area, a separate sitting room and a spacious kitchen opening onto the internal courtyard.
The first floor comprises a double bedroom with original flagstone flooring, two built-in cupboards, an additional room suitable for use as a walk-in wardrobe, and a study with potential to be converted into an en-suite bathroom, subject to the necessary works. This level also features a spacious bedroom with a traditional wooden Maltese balcony, a further single bedroom and a spare bathroom.
The second floor accommodates a large double bedroom with a closed balcony and two additional open side balconies. A separate shower room and washroom complete the accommodation.
The property also benefits from its own full airspace, offering the potential to create an attractive rooftop terrace and further enhance the residence, subject to planning approval.
With its generous proportions, historic character and versatile layout, this palazzino presents an appealing opportunity for a variety of uses, including a boutique guesthouse, a distinctive family residence or a collection of apartments or luxury rental units. There may also be potential to incorporate a lift.
Its location within a UCA may make the property eligible for applicable renovation incentives or tax benefits.
A rare opportunity to restore and transform an historic Maltese residence into a truly distinctive home in the heart of Cospicua.
Arranged over three full floors, with two underground cellars, the property comprises four bedrooms, three bathrooms, a separate washroom, an internal courtyard and full roof access. It retains an impressive collection of original features, including thick limestone walls, traditional Maltese tiles, flagstone flooring, high ceilings with stone slabs and wooden beams, antique details, traditional staircases and Maltese balconies. The central courtyard, complete with its original well, allows natural light and ventilation to flow throughout the property, enhancing its distinctive atmosphere.
The basement level features a large arched room and an additional chamber, offering exciting possibilities for a wine cellar, wellness area or other complementary use, subject to the necessary permits.
At ground-floor level, an impressive entrance hall leads to a welcoming living area, a separate sitting room and a spacious kitchen opening onto the internal courtyard.
The first floor comprises a double bedroom with original flagstone flooring, two built-in cupboards, an additional room suitable for use as a walk-in wardrobe, and a study with potential to be converted into an en-suite bathroom, subject to the necessary works. This level also features a spacious bedroom with a traditional wooden Maltese balcony, a further single bedroom and a spare bathroom.
The second floor accommodates a large double bedroom with a closed balcony and two additional open side balconies. A separate shower room and washroom complete the accommodation.
The property also benefits from its own full airspace, offering the potential to create an attractive rooftop terrace and further enhance the residence, subject to planning approval.
With its generous proportions, historic character and versatile layout, this palazzino presents an appealing opportunity for a variety of uses, including a boutique guesthouse, a distinctive family residence or a collection of apartments or luxury rental units. There may also be potential to incorporate a lift.
Its location within a UCA may make the property eligible for applicable renovation incentives or tax benefits.
A rare opportunity to restore and transform an historic Maltese residence into a truly distinctive home in the heart of Cospicua.
245 Sq Mt
