Site in Marsa

An excellent development opportunity in Marsa, consisting of an existing house built on a footprint of approximately 170 square meter and situated opposite a garden, enjoying a pleasant open outlook. The property is located within a 4+1 development area, offering the potential to demolish and redevelop the site into a small residential block, subject to the necessary permits and Planning Authority approval. Its generous footprint, development potential and position overlooking an open area make this an interesting opportunity for developers and investors looking to maximise the site`s potential. The existing property also benefits from access from two separate staircases leading to the upper levels, a basement storage area, roof and full ownership of the airspace. An ideal investment opportunity in an established residential area.