Archive for March, 2009

Article – The Times of Malta 26th March 2009, Palazzo in Valletta

March 26, 2009

Thursday, 26th March 2009

One World – Protecting the most significant buildings, monuments and features of Valletta (102)

Nos. 130b, 131, 132, Bakery Street


This property is a large Baroque townhouse built on three floors and divided into three vertical bays.

The central door is small and rather ordinary. The flanking doors are arched and have rounded hood mouldings. At the centre of the first floor is a closed wooden balcony with curved sides, supported on two ornate corbels set into the door frame below.

Flanking the balcony are two segment-arched windows set within delicately designed frames. Between the first and second floor is a moulded string course.

At the centre of the second floor is a large closed wooden balcony supported on four carved corbels.

The balcony door and two flanking windows have the same architectural treatment, having a continuous slightly projecting sill, simple frames with panelled lintels and a triangular pediment on top, but the balcony door has a segmental pediment. The balcony door mouldings and pediment extend above the wooden balcony. The roof line is defined by a small cornice.

The door to the left leads to a mezzanin accessed by a flight of stairs.

It consists of three rooms at intermediate level and at second floor including the balcony area. The door on the right leads to the main dwelling which extends to the piano nobile at second floor and the roof above.

There is a stone spiral staircase from the rear of the ground floor to the roof, connecting each floor with “larder” rooms at intervals. There are also two fireplaces and an ornate balustrade and Baroque sculptured landing pilasters at the second floor.

Mepa scheduled Nos. 130b, 131, 132, Bakery Street as a Grade 1 national monument as per Government Notice No. 276/08 in the Government Gazette dated March 28, 2008.

The Palazzo is for sale; for further details click on: Palazzo

For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or


Underground passageways discovered in Valletta Article by Kurt Sansone, The Times of Malta – 27th February 2009

March 17, 2009


Archaeological studies in St George Square, Valletta have reveiled an undocumanted network of tunnels which possibly connect to the Palace. Photo: Chris Sant Fournier

Preliminary archaeological studies in St George’s Square, Valletta have uncovered an undocumented network of underground passageways, which could possibly connect to the Palace.

Studies are being undertaken in St George’s Square in preparation for the building of a one-storey underground car park and the subsequent embellishment of the square.

The project, piloted by the Works Division and the Valletta Rehabilitation Project, still needs to be given the green light by the Malta Environment and Planning Authority.

The passageways were discovered on Tuesday when government employees from the Works Division under architect Claude Borg dug through a wall in a small room on Archbishop Street. After clearing debris and other material, they discovered that the passageway leads to under the Main Guard portico, parallel to the Palace.

The room had been previously used by the Water Services Corporation.

Further excavation works revealed that the central passageway had a number of corridors that led to other directions. One such corridor, at right angles with the central passageway and which seems to be blocked, runs in the direction of the Palace.

Mr Borg, executive co-ordinator of the Valletta Rehabilitation Project, said that archival research and previous studies of the site did not reveal the existence of the underground passageways.

“All archives and documents never indicated any shelters or significant structures underneath, though a number of historians and residents have recalled members of their family entering shelters from one of the corners of the square. Obviously, we had to verify the claims and, on Monday, I gave instructions for the wall blocking a small room underneath the square to be removed,” Mr Borg said.

It seems that the passageways used to form part of a drainage system built by the Knights of the Order of St John.

“A number of interesting features and mason marks can be seen in this tunnel, which also has two openings branching out but whose access remains blocked. Works are still under way to open all the blocked passages and clean the tunnels as much as possible to plot out what might be a network system that was previously undocumented,” Mr Borg explained.

Technical people from the Valletta Rehabilitation Project are surveying and documenting the passageways.

The Knights had built the Wignacourt fountain in the square to celebrate the arrival of fresh water to Valletta.

A spokesman for the Ministry of Resources and Rural Affairs, under whose wing the Works Division falls, said tests and studies were still underway and the Superintendence of Cultural Heritage was present at every stage of the clearing.

“Within the coming days, once all investigations have been concluded and all possible tunnels explored, the ministry will consult with the Superintendence on the findings and then assess its position and proposal on the embellishment project of the square,” the spokesman said.

Meanwhile, the environmental organisation Flimkien għal Ambjent Aħjar yesterday proposed that part of the passages should be made accessible to the public as an added heritage attraction and an insight into the very old civil engineering works that lay beneath Valletta’s streets.

The FAA had pointed out the existence of the passageway during a meeting with Rural Affairs and Resources Minister George Pullicino, who briefed the organisation on the square’s embellishment plans.

The organisation said that, while it had “strong reservations” about the excavation of the square for the provision of underground parking, it was confident that the changes to the space would not only enhance the prestige of the square facing the Presidents’ Palace but would also greatly improve the enjoyment of the square.

For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or

Floating Luxury – Carinthia VII in Malta

March 13, 2009


Carinthia VII, the successor to a monument in yacht design and a keystone for the future: an impression.

The Carinthia VII, one of the largest and most luxurious yachts in the world, berthed at Grand Harbour on 4th March 2009.  

Owned by Heidi Horton, widow of Helmut Horten, the yacht is 97.2 metres long and 15.95 metres wide.  Ms Horton, who inherited her husband’s $1 billion fortune, is worth about $3 billion according to Forbes.

The Carinthia VII can often be found at her home berth in the International Yacht Club of Antibes (IYCA).  Carinthia VII (Project Fabergé) was built in 2002 by the German yard Lurssen. She was designed by Tim Heywood with an interior by Ellerhorst and Kreuter.

For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or

“Luxury Real Estate” Conference in Paris

March 6, 2009


Last January, 77 Great Estates attended the Luxury Real Estate International Conference held in Paris.



Dr Carl Peralta – Director of “77 Great Estates” – together with Mr John Brian Losh (Chairman & CEO of Luxury Real Estate) and Mr Raphael T. Harris Jr (Owner/Broker of World Real Estate, Sicily).





The conference was held at the Hotel du Louvre with their efficient concierge service which delivered all our real estate promotional packages to each participant’s room.

The 60 luxury real estate agents hailed from countries including Australia, Canada, Caribbean Islands, France, French Polynesia, Greece, Italy including Sicily, Poland, Portugal, Spain including Palma de Mallorca, UAE, USA including Rhode Island.



The personal relationships created with such agents will help us source high net worth individuals and blue chip companies which are already existing clients of said agents.  Their clients include international development companies, international franchise owners &/or directors, oligarchs, sheiks, Greek ship owners, sports’ team owners, actors such as John Travolta, Sharon Stone, Angelie Jolie and Brad Pitt just to mention a few.

The topics discussed by the highly experienced international real estate agents & by the real estate marketing company included:

  • creating a global brand for our real estate agency firm;
  • most cost effective methods of successfully marketing luxury properties internationally.  In fact, Joe Paris from 77 Great Estates’ Auction Department is offering said useful methods to owners of properties in Malta & in Sicily;
  • expansion of our real estate company networks in order to create a more global presence in each of our local markets;
  • during the conference we were accompanied by a real estate advocate, travel writer and photographer – click on the following link to view the photos courtesy of Francis Chiasson.
  • technology & trends offered on the internet including on  Our Marketing Department headed by Doreen Conti has already put such theories into practice;
  • quality service to our clients: vendors, lessors, buyers & lessees.  Julienne Borg from our Corporate Department is putting together all the necessary contacts in order to offer our clients a concierge service – a 1 stop shop.

At the end of the conference, practically all the participants agreed that the Maltese real estate, will retain and increase its value due to the islands’ limited space.

Once in Paris, Hugh Peralta & Associates – Advocates (Malta) referred Dr Carl Peralta to Dr Paul de Dree of Salans (Paris) which also enjoys offices in Almaty, Baku, Barcelona, Beijing, Berlin, Bratislava, Bucharest, Budapest, Frankfurt, Istanbul, Kyiv, London, Madrid, Moscow, New York, Noumea, Prague, Shangai, St. Petersburg, Tahiti & Warsaw.  Dr Dree & Dr C. Peralta discussed the existing real estate opportunities in Paris – such as judicial sales – and also the real estate potential in emerging countries such as Asian countries.

Dr Peralta had the opportunity to eat at excellent restaurants such as Le Jules Verne on the Eiffel Tower by Alan Ducasse; the Cafe’ de l’Homme situated in the museum of anthropology next to Trocadero square enjoying views of the Eiffel Tower and finally Bouef Sur Le Toit which reminded him of Cipriani in London.

We look forward to attending the next European conference; possibly in Malta – fingers crossed.

For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or