An extraordinary townhouse situated along the picturesque Kalkara promenade, this property offers a remarkable opportunity for those seeking a distinctive investment. Currently holding an authorized full development permit, this historic gem is primed for conversion into a captivating 22-room boutique hotel. With a heritage tracing back to pre-World War II, the property awaits a full restoration to reclaim its former glory. Comprising multiple separate units, the layout allows for seamless integration or individual refurbishment to accommodate the preferences of the prospective owner. Positioned in an unparalleled setting, the townhouse commands breathtaking views of storied landmarks, creating an unmatched ambiance. Seize this exceptional chance to own a truly one-of-a-kind property in an extraordinary location, presenting limitless potential and endless possibilities.