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The site has Planning Authority and Malta Tourism Authority approval for construction of a 3-star (Class 3B) hotel accommodation including:•A basement parking/service area•Reception, conference room, restaurant, luggage storage at ground floor level•64 hotel rooms spread between levels 0 and level 7 of the development•Pool deck area, pool and recreational areas at level 8The hotel site is at the doorstep (merely 150 meters away) of the entrance to Manoel Island and the Gzira promenade, which is steadily emerging as a natural extension of the Sliema promenade. Such location is ideal for hotel patrons to experience the wide array of tourist activities and attractions that the surrounding areas can offer.Professional estimates for building and finishing result in 12% annual ROI. An excellent investment for anyone looking for a good sized Hotel in an excellent location.