Pieta, Historic Palazzo with Permit for a 20-room Guesthouse

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    [description] => Pieta, Historic Palazzo with Permit for a 20-room Guesthouse
    [title] => Pieta, Historic Palazzo with Permit for a 20-room Guesthouse
    [longDescription] => A rare opportunity to acquire a 19th-century stately residence of notable historic and architectural value, offered together with an adjacent property—both set on an expansive 1,400sqm site in an up-and-coming area in the heart of Gwardamangia. Tucked away from the bustle yet superbly positioned near the waterfront and the capital city, this scheduled property offers a remarkable blend of heritage, space, and potential. At its heart lies a magnificent private garden covering an area of over 950sqm, adorned with mature trees and rich architectural detail. The residence retains a powerful sense of grandeur and timeless elegance, with a full planning permit already in place for its conversion into a 20-room Boutique Guesthouse. The approved plans have been thoughtfully designed to incorporate premium amenities such as parking, a gym, an indoor pool, and more, offering an opportunity to blend modern comfort with period charm. Adding an extraordinary layer of appeal, the property holds exceptional cultural resonance due to its proximity to the former residence of Queen Elizabeth II, itself earmarked for transformation into a museum. This unique location and the proximity of these two heritage sites create a powerful cultural synergy, potentially positioning the area as a distinguished destination for history enthusiasts, discerning travellers, and high-end hospitality ventures. Additional highlights include sweeping rooftop views of the Pinetum woodland, Floriana’s bastions, and Marsamxett Harbour. Inside, the property features an imposing grand staircase connecting all floors, an impressive Sala Nobile with soaring ceilings, traditional cement tiles, and numerous original period details. With no direct competition in the vicinity and excellent access to both Valletta and Sliema, this property presents an exceptional investment opportunity. Whether envisioned as an elegant boutique hotel, cultural retreat, or distinguished private residence, this property offers the rare chance to restore and reimagine a true architectural gem in one of Malta’s most historically rich settings. SOLE AGENTS.
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            [descriptionField] => Simon Marchett brings over 15 years of experience in real estate and has worked with people from all walks of life and of different nationalities and cultures. He embarked on his journey with Frank Salt Real Estate at 21 following a stint working and living abroad. He has since continued to develop professionally and was also appointed as Branch Manager for the Cospicua Branch in the Three Cities. Through his fierce work ethic and unwavering belief in doing what is best for his clients, Simon ensures that the buying or selling process is as stress-free as possible and always aims to achieve the best possible outcome in every transaction. He places a high value on customer satisfaction, effective communication, and credibility. Furthermore, as a local and someone who absolutely loves the Three Cities, he has an intimate knowledge of the region and the ideal foundation for assisting people looking to explore the market in the Grand Harbour area. With a passion for art, architecture, design, and the built environment fueling his interests and a career in property, Simon particularly enjoys working on heritage properties in urban conservation areas. He believes that Malta's old village cores and conservation areas like The Three Cities and Valletta should be further safeguarded through stricter policies and everyone's contribution. On a personal note, Simon also has a passion for traveling, exploring different cultures, nature, hiking, food and wine.
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