This property is in Marsascala (also known as Marsaskala) in Malta.
Marsascala Panorama (image by Cam Cassallo, Gozo)
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.
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.