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Development Opportunity: Waterfront Position in Marsascala, Malta

by Marquette Turner

in Europe, Features, International, Luxury Homes, Malta

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LOCATION

This property is in Marsascala (also known as Marsaskala) in Malta.

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Marsascala Panorama (image by Cam Cassallo, Gozo)

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WHAT MAKES IT SPECIAL

This seafront site measures in the vicinity of 38,000 square metres and offers fantastic potential to build a hotel, commercial space, marina & luxury residential apartments.

Planning permits still need to be negotiated with the planning authority thus enabling a wide scope of opportunities and possibilities.


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Presently there is a waiting list of more than 2,000 yacht owners who have applied for a berth. With a severe shortage of berthing space for locals, and even more so foreigners, the opportunity to develop a desperately needed marina is exceptionally high.

An opportunity for an outright sale or partnership with co-investors.

Foreign investment is encouraged.  Read more here.


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Marsascala Skyline (image by Sunny Camilleri, Fontana, Gozo)

PRICE

€38.4 million



CONTACT

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