This unconverted maisonette, situated within the highly sought-after Valletta Urban Conservation Area (UCA), offers an exceptional investment opportunity, positioned perfectly for developers seeking a premium Airbnb project in the capital or a high-yield rental investment in one of Malta’s best locations. Spanning a generous 173 m² footprint on the main level, the property is characterised by a deep layout ideal for modern reconfiguration. The current suggested layout allows for a spacious three-bedroom home, including a primary suite with an en-suite bathroom and two additional versatile bedrooms. A key feature of this ground-floor capital asset is the private backyard, providing crucial outdoor leisure space. Adding substantial value to the overall square footage, this maisonette includes a 35 m² interconnected basement, accessible via an internal staircase. This lower level is perfectly suited for conversion into a luxurious home cinema, private wine cellar, or wellness spa—key differentiators in the Valletta short-let market. Located minutes from the city's iconic cultural landmarks, boutique eateries, and the sea, this unconverted property is designed to capitalise on Malta's thriving rental market in the capital city. Contact us today to see this property.