AREAS FOR INVESTMENT
Malta and Gozo offer 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.
Most of these developments are located in special designated areas (SDA's) where there are absolutely no restrictions to acquisition for foreigners.
Accommodation in these major projects is typically 1, 2 or 3 bedrooms, each 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 Developments 1 and 4. There are also developments catering for those who are more interested in the countryside and country views.
Sliema and St Julian, considered to be Malta's fashionable and commercial districts, offer the largest selection of such developments, including Developments 1, 4, 5 and 9. All four developments 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, etc. 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, Development 8. Situated on the edge of the 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.