This exceptional top-floor apartment currently measures close to 200 sqm, including airspace, with permits for another floor and a washroom. The property is nestled in a very small, exclusive block of just five units (including two maisonettes), offering privacy and exclusivity in a peaceful Santa Venera neighbourhood. Offered freehold with full airspace ownership in a UCA area, it spans the first and second floors with separate entrances to each level and benefits from a convenient lift. The existing layout delivers three bedrooms plus a large washroom that can serve as an expansive fourth bedroom or a self-contained studio apartment, complemented by a stunning modern luxury designer kitchen (partly furnished). Generous, large front and back terraces provide ample outdoor space for entertaining, alongside a shared garden-like common yard featuring a historic monument, well-cared-for plants, and flowers – all just a two-minute walk from Romeo Romano Garden. With permits already in hand to construct an additional 1.5 floors, the property can expand to nearly 300 sqm, incorporating several terraces, balconies, and a yard for ultimate flexibility. This transformation creates a spacious five-bedroom family home or multiple income-generating units: a separate two/three-bedroom apartment plus a fully independent roof unit, ideal for corporate rentals or Airbnb. Set in a very quiet community with central access to amenities and main roads, this penthouse combines immediate luxury living, vast outdoor areas, and extraordinary investment upside – a truly versatile gem for families or investors.