Land in St Paul's Bay, Malta - Image 1
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Land/PlotSt Paul's Bay

Land in St Paul's Bay, MaltaRef 26

First listed
€9,001,500
800m²

About this property

A rare, versatile development holding in a quiet residential pocket of St Paul’s Bay, steps from the beach and vibrant nightlife. The site comes with two fully scoped routes: Option 1 permits the creation of an approx. 45-room hotel with the potential to add two further floors, tapping directly into Malta’s year-round tourism demand.

Option 2 offers a residential play, involving demolition of the existing townhouse, excavation of two basement parking levels, and construction of a ground-to-fifth-floor block plus a receded penthouse level, delivering a ground-floor 2-bedroom maisonette, 4 one-bedroom, 6 two-bedroom, and 4 three-bedroom apartments, crowned by a mix of 1- and 2-bedroom penthouses. Investors can pivot between hospitality income and strong residential capital growth in a single, superbly located site. Option 1 - Hotel Development Option 2 - Residential Development

RE/MAX Malta

Mark Micallef

Property Consultant

Listing ID: 16c1faf1

Amenities

Parking
Basement