Buy Imposing Converted Maltese Palazzo

Buy Imposing Converted Maltese Palazzo

Buy Imposing Converted Maltese Palazzo. A rare opportunity to purchase this 300-year old traditional Maltese palazzo. It comes fully refurbished holding many of it exquisite features. It is situated in Floriana, just a short walk away from the capital Valletta. Sitting in a central location, this prestigious property enjoys views of the Grand Harbour from its roof terrace and from the higher windows. It consists mainly of 1100sqm converted office space. The commercial property offers sizable workspaces across four floors served with an elevator and a grand staircase. Currently under refurbishment and will be finished in November 2017. This property is currently leased out for 10 years, first 5 years at €90,000 per annum, whilst the second 5-year period the rent increase to €100,000.

Asking price is €2,120,000 excluding agency fees