Exceptional Investment Opportunity In Senglea

Located in the heart of Senglea, one of Malta’s historic Three Cities, this exquisitely restored 16th Century Palazzino offers a perfect blend of authentic Maltese heritage and modern luxury. Just steps away from the seafront, Vittoriosa Marina, and a variety of restaurants, this freehold property has been thoughtfully converted into five luxurious apartments, making it an exceptional rental investment.

This Palazzino has been finished to the highest standards, ensuring every detail has been crafted with care to maintain the building’s original charm while offering modern comfort and convenience. Traditional features such as solid Maltese sandstone walls, exposed wooden beams, original Maltese patterned tiles, and an iconic Maltese balcony have been meticulously restored.

One of the apartments boasts exceptional high ceilings of 4.2 meters, adding a grand sense of space and elegance that enhances the living experience. Two of the apartments feature private entrances directly onto the street, offering added convenience and privacy for residents, further enhancing their appeal as rental units. Each apartment includes a stylish living area with a sofa bed, a fully equipped kitchen, a bedroom with designer bed, and one or two well-appointed bathrooms. Private balconies provide beautiful views of the historic surroundings. The crown jewel is the duplex penthouse on the top two floors, featuring a 43sqm terrace with lovely open views.

In keeping with the Palazzino’s eco-conscious design, the original well, dug deep into the rock beneath the house, has been reopened. This ingenious feature collects rainwater during the winter months, which is then reused for flushing all toilets in the property, supporting sustainability and reducing environmental impact.

With a proven rental track record, the three main apartments enjoyed 90% occupancy from May to October 2024, highlighting its potential as a lucrative investment. Savvy investors, this is definitely a must-see!