Situated in a prime location of the Capital City, this expansive townhouse presents a unique opportunity for redevelopment. Spanning 600 sqm, the property boasts three existing levels, comprising a basement, first floor, and second floor. Furthermore, the current permits allow for the addition of two more floors, opening up exciting possibilities for expansion. The layout is thoughtfully designed, featuring an inviting entrance hall, a charming central courtyard with three cozy rooms, four spacious bedrooms, two well-appointed bathrooms, and a convenient laundry room. Additionally, the property offers a rooftop space that overlooks the picturesque scenery of Sliema. With approved plans in hand, this townhouse can be transformed into a delightful private residence or an enchanting boutique hotel, making it a promising investment opportunity. Its proximity to renowned restaurants further enhances its appeal.