Unbelievably Pricey Abandoned Structures
1. Palazzo Nasciaro
Location: Malta
Time Period: 18th Century
Price: $4.8 million
The Palazzo Nasciaro, designed by the renowned architect Francesco Sammut, was originally built as a family residence intended for his son to inherit one day. This magnificent structure stands as a testament to the architectural grandeur of its time. During the British era, the palazzo served as the residence for the Lieutenant, reflecting its significance in the community.
Over the years, the building has adapted to various functions, including serving as a primary school and a police station, showcasing its versatility and importance within the local area. Spanning an impressive 13,000 square feet, the property features a variety of opulent buildings that continue to narrate the story of the original owner’s immense wealth, even in contemporary times.
According to information from @Naxxar Town and commons.wikimedia.org, the Palazzo Nasciaro had remained abandoned for twenty-five years before British writer Paul Golding took a bold step. After selling his home in London, he dedicated the next seven years to rehabilitating the villa in Malta, breathing new life into the historic property.
Golding's efforts included a contemporary makeover that blended modern aesthetics with the palazzo's rich history. After completing his renovations, he decided to place the house back on the market, making it available for new owners to appreciate its beauty and historical significance.
