Palazzino

Cospicua (Bormla) | #SPHC9392

€1,170,000

Description

A rare opportunity to own a remarkable 400-year-old Palazzino in the heart of Cospicua (Bormla), one of Maltas most historic and rapidly developing localities. This freehold property is located in a UCA, making it eligible for government restoration grants and attractive tax benefits.

Situated just minutes from the Marina, this prime location attracts both locals and tourists seeking authentic Maltese charm. This Palazzino presents a unique opportunity to secure a prestigious asset with significant long-term value.

Spread across three full floors, this property features :
an entrance hall,
two interconnected dining/ sitting rooms,
a kitchen/dining area,
6 bedrooms,
3 bathrooms,
a cellar,
a washroom,
a traditional internal courtyard with a bell-shaped well,
and own roof and airspace.

Authentic architectural details have been beautifully preserved, including a stone bell-shaped well, thick limestone walls, traditional staircases, Maltese patterned tiles, charming balconies, and high ceilings with original wooden beams and stone slabs.

From an investment standpoint, the layout offers multiple income-generating possibilities. The space can be converted into a boutique hotel or a guesthouse. The spacious cellars offer further potential, perfect for a wine bar, spa, or wellness retreat to add commercial appeal.