VALLETTA Valletta. Situated on what is probably one of the best residential and centrally located Valletta streets is this fully converted 400 year old Palazzo. This owner converted property presently houses 22 rooms, all finished to the highest standards. An imposing facade leads to a very wide entrance hall and various rooms on ground floor level, with a dry and large cellar. All the rooms on four floors overlook a lovely and bright central Courtyard. A newly built Penthouse sits atop the building, enjoying unobstructed Grand Harbour views. Great for the discerning clients, looking for probably the last available high profile address in the Capital.