Opportunity to (co-) invest in 17 room Boutique hotel in 17th Century Palazzo in Mdina, Malta.
Unique opportunity to restore and convert a 300 year old Palazzo into a premium boutique hotel with 17 rooms.
Situated in the 'silent city' of Mdina in the center of breath taking country of Malta.
Please click on Malta Tourism video link:
https://youtu.be/FlJ9m6wJ6vY?feature=sharedProject Overview:
This Palazzo is a historic property in the heart of Mdina, surrounded by three roads, and has significant potential for transformation into a luxury hotel featuring a Michelin-star restaurant. With a footprint of 740 sqm and a total area of 1200 sqm, the property comprises over 30 rooms, offering a unique opportunity for a distinctive hospitality venture.
Financial Summary:
· Purchase Price: €6.8 million
· Renovation Costs: €5.0 to €5.5 million
· Total Investment: €11.8 to €12.3 million
· Estimated Post-Renovation Value: €18 to €20 million
For detailed proposal and pictures please get in touch:
Berend Lens van Rijn
Malta
[email protected]+356 7905 1210
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