PACEVILLE - A rare opportunity to acquire a brand new, highly finished HOSTEL located in the hub of St. Julian"s minutes away from the Hilton Hotel and the Portomaso Marina. Measuring circa 500sqm. This investment is currently giving a yield return of 4.5% annually. Highly recommended for serious investors. Currently built on 5 levels and in total of 13 rooms, with a permit in progress to build another 2 stories adding to a total of 20 rooms. This unique block is close to all the well known restaurants, cafeteria s, hotels, offices, shopping malls, and walking distance to the beach.