Malta and Gozo boast of a good selection of luxury property developments, commonly referred to as Special Feature Properties. Spread across the two islands, these refer to a cluster of apartments, maisonettes and penthouses built with a common theme on an extensive piece of land, often enhanced by their location, amenities and finishes. To date these included Portomaso, Tigne Point, Fort Cambridge, Pendergardens, Fort Chambray, Tas-Sellum Village, St Angelo Mansions (Cottonera Marina), Madliena Village, Metropolis, Savoy Gardens and Verdala Mansions. More of such developments are in the pipeline.
MOST OF THESE DEVELOPMENTS ARE LOCATED IN SPECIAL DESIGNATED AREAS (SDA) WHERE THERE ARE ABSOLUTELY NO RESTRICTIONS TO ACQUISITION FOR FOREIGNERS.
Accommodation in these major projects is typically 1, 2 or 3 bedrooms, having an average area of 80sqm to 400sqm. Situated all across the island, people interested in purchasing a property can choose from a selection of waterfront and marina developments, such as Portomaso, St Angelo Mansions (Cottonera Marina)and shortly Tigne Point. Those who are more interested in the countryside and country views can go for Madliena Village and Verdala Mansions.
Sliema and St Julian’s, considered to be Malta’s fashionable and commercial districts, boast from the largest selection of such developments, including Portomaso, Pendergardens, Tigne Point and Fort Cambridge. All four names enjoy lovely seaviews and encompass luxury finishes and an array of amenities, including shopping areas, health and fitness facilities, massive communal and private pools, underground parking, and so on. The neighbouring town of Gzira hosts Metropolis and Savoy Gardens.
Selmun Village is situated in the Northern part of Malta, in Mellieha and is only a 5 minutes drive from Malta’s top sandy beaches.
Gozo also has its own flagship development – Fort Chambray. Situated on the edge of the Ta’ Cenc cliffs, overlooking magnificent views of Malta and Comino, as well as Mgarr Harbour, this development is expected to become a trend-setter on the quaint island of Gozo.
Smaller scale developments may be found in other areas and villages around Malta and Gozo.