Gwardamangia, Palazzo With Permit For A 20-Room Guesthouse

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.