Investment in Santa Venera, Malta

Fully detached, corner Palazzo in the aqueduct area of St Venera. It lies in UCA (benefiting from tax incentive scheme), and plot size is around 500sqm. The Palazzo has a footprint of around 160sqm, with the rest a mature garden and lies in a 4+1 development area. As the property is on a corner, there is full and easy access to the garden from side street, with garage. The double fronted Palazzo has a grand entrance onto a hallway with vaulted ceiling, with a room on the right of the entrance. This can be incorporated into the huge kitchen behind it, making a lovely kitchen/living/dining. Between the hall and the garden is a passage that can easily be incorporated into the hallway, and converted into a bright conservatory overlooking the garden, increasing the downstairs living space. Up the lovely grand staircase, overlooking the extensive back garden lies the huge Sala Nobile, complete with fireplace and an enclosed balcony. Two generous bedrooms lead onto the Sala Nobile. A very large bedroom leads on from the landing, which with a little conversion over proposed conservatory below can easily be divided into two, and still be generous in size. The same can be done to the similar bedroom above it. If further rooms are required, the first floor has a very large terrace overlooking the garden and this could be developed to increase rooms. There is the potential for 8 bedrooms on 1st and 2nd floor, all generous in size, and even more on ground floor. The property is fully of possibilities, both as a stately exquisite residence with pool, a boutique hotel.