Land in St Paul's Bay, Malta — Site in St Paul's Bay — Photo 1
LandFor Sale

Site in St Paul's Bay

St Paul's BayListed 3w ago
€3,600,000

8000 per m²

PriceyFairGood Deal

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StudioBedrooms
Bathrooms
450m²Area
LandType

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Est. Mortgage

€15,202/mo

20% deposit, 4% rate, 25 yrs

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Description

A prime corner development site in Bugibba measuring approximately 450 square meters, being offered with approved permits for a mixed-use residential and commercial project. The approved plans provide for the excavation and construction of two basement levels accommodating 13 parking spaces. At ground floor level, the development includes a two-bedroom maisonette together with two Class 4B retail outlets, ideal for commercial activity in this busy area. The residential component consists of three two-bedroom apartments on each floor from the first to the fifth floor, a total of fifteen apartments, while the sixth floor includes four one-bedroom apartments. The project is topped by a receded floor featuring a spacious three-bedroom penthouse, complemented by a private pool at roof level. This property represents an excellent investment opportunity for developers, located in a sought-after area of Bugibba close to amenities, entertainment, and the seafront, with permits already in place allowing a smooth transition to construction.

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