Discover a unique investment opportunity in the heart of Palermo's historic center. This expansive 260 sqm property, situated on the famous Via Divisi, offers a fascinating glimpse into 19th-century architecture. Spanning multiple levels and units, the building features ten bedrooms and five bathrooms, providing versatile living or development options. Original architectural details like vaulted ceilings, arches, and exposed stone elements preserve its historic charm. A distinctive open-air internal courtyard ensures privacy and natural light, enhancing the property's appeal. An approved project outlines a redistribution of spaces, including a 20 sqm kitchen, a 37 sqm living room, and two bedrooms with en-suite facilities, plus a mezzanine. This property is ideal for those seeking a prestigious residence or a lucrative hospitality venture, benefiting from its proximity to Palermo’s iconic landmarks, markets, and culinary scene. The property requires new utility connections.