Description
New to the market from our list of Malta sites for sale, is this 80sqm site for development of a Guest House / Hotel located in the heart of the bustling town of Paceville. Offered for sale subject to relevant permits being issued.
Suitable for the construction of a 27 room Hotel (each with en-suite) development spread over 9 floors (total of circa 760 square metres).
An excellent rental investment with a projected income of circa €460,000 per annum based upon a 85% occupancy rate.
Freehold.
Contact us for viewing!