Franksalt

An insight on the Three Cities and its fabulous, rich property offering

24th September, 2022
3 three cities malta

The Three Cities in Malta

The Three Cities on Malta’s Grand Harbour conjures up magical, historical images of Malta’s illustrious past and this area is indeed the pinnacle of what old Malta stands for. Today the properties that can be found here are a mix of old and new, some waiting to be discovered and some already equipped with all the modern day conveniences that sophisticated world travellers and investors have come to expect.

In the past few years the regeneration of the area covered by the Three Cities namely Senglea, Vittoriosa, and Cospicua has been nothing short of remarkable. Largely unvisited and forgotten for many years, the interest sparked in the Three Cities have seen investors and home buyers clamour for apartments, townhouses  and even palazzos. Many of these have since been converted into profitable to-let properties such as Air BnB’s and boutique hotels while others are loved and treasured by their owners simply as lock-up and go holiday homes. A fair share of properties have been bought for owner occupation by digital nomads and other global remote-working professionals. The Three Cities is regarded as a destination that has it all: location, convenience, scenic beauty, proximity to the capital Valletta and most of all, an abundance of history.

Owning a property in the Three Cities is now regarded as the pinnacle of urban chic: it is as said, historic but it is also trendy and abuzz with residents that span the fields of art, design, AI and information and technology. Mix this in with scores of the area’s original inhabitants who still call the Three Cities home and you have a wonderful melting pot of true international living, sprinkled with a healthy dose of authentic Maltese living. The area is awash with small, narrow streets, religious niches on the side of buildings, statues and churches, plaques and of course legendary festas. Annual highlights are the Birgu Festival of Lights in October, the Maritime Festival in September and if you are lucky and find yourself in the Three Cities on the 7th of June, you can witness the spectacle of fireworks celebrating Sette Giugno over the Grand Harbour and Valletta.

When it comes to typical examples of properties currently for sale in the Three Cities, we thought these stood out as ideal:

seafront properties malta

Three Cities Properties For Sale

Three Cities, Townhouse

Cospicua Converted Townhouse

€345,000 | 2 Bedrooms | 1 Bathroom | 1 Shower

Enjoying extraordinary town and sea views from its top floor and roof terraces! Close to the ferry to Valletta, the beautiful waterfront promenade and several other places of interest. Spread over three floors there’s plenty of natural light and each floor contains two rooms. A reception area and a traditional stone stairway with wrought iron railings give access to the next levels which consist of 2 bedrooms, 2 bathrooms, kitchen and a separate living room. The bonus: wo roof terraces offer ample outdoor entertaining space set against a beautiful backdrop of The Three Cities’ main historic landmarks and the Grand Harbour. What’s more, this property still retains multiple original features such as the traditional cement tiles and wooden apertures and it could potentially be converted into a 3-bedroom residence, as it was originally.

Three Cities, Finished Apartment

Vittoriosa Finished Apartment

€270,000 | 2 Bedrooms | 1 Bathroom | 65 SQM

An excellent buy-to-let investment opportunity in a charming alley in the heart of Birgu. The perfect Three Cities apartment for you. It forms part of a small block of three and is located on the ground floor. Currently composed of an open-plan layout, this can be adapted to suit different needs through the installation of interior partition walls. The layout can potentially include an open-plan kitchen, living and dining room, bathroom and one or two bedrooms. A spacious central courtyard is also accessible through the common areas. Offered finished including floor tiles, apertures, plastered walls, electrical wiring, and water pipes. This is a truly rare opportunity in Birgu, hence early viewings come highly recommended.

Three Cities, Elevated Maisonette

Cospicua 5 Bedroom, 4 Bathroom Duplex Maisonette

€250,000 | 5 Bedrooms | 4 Bathroom | 135.00 SQM

This duplex maisonette is located in an up-and-coming neighbourhood on a very pretty street lined with traditional buildings. The city centre, the waterfront promenade and several of the Three Cities’ places of interest are just a short stroll away. This property has been structurally converted and will be sold in shell form, thus providing potential investors with an opportunity to finish it to their own liking. The layout was well thought out and renders the property ideal for anyone looking to invest in and potentially make good returns from short-term rentals. The property is composed of a ground floor and a full basement level. The ground floor consists of an unusual entrance hall overlooking a double height living room downstairs, 3 bedrooms – all with en-suites. One of the bedrooms also has a back balcony. Downstairs you will find a living area, a combined kitchen and dining room, side yard, spare bathroom, 2 more bedrooms, 1 en-suite and a spacious back yard. This property must be viewed to be truly appreciated.

Three Cities, Finished Terraced House

Cospicua Terraced House

€475,000 | 3 Bedrooms | 2 Bathroom

A bright corner terraced house set in a tranquil area surrounded by popular landmarks. This wide-fronted, 20-year-old property enjoys lots of natural light and comes in a very practical squarish layout. One enters through a welcoming hall, with rooms on both sides, one being a spacious kitchen/dining and the other, a lovely sizeable living room. A modern wood covered staircase leads to the first floor, where one finds two larger than usual bedrooms and a single bedroom. A larger bathroom is found on each floor. Finally, this property is completed with a fantastic roof area, having a good-sized entertaining area and washroom. This family home has been finished to very high standards by its present owners. Viewings are highly recommended.

Three Cities, Converted House of Character

Vittoriosa Converted House of Character

€450,000 | 3 Bedrooms | 2 Bathroom | 133 SQM

Situated in one of the oldest and historical streets of Birgu is this fully converted house of character. Having two entrances, the property comprises of a one-bedroom ground floor maisonette with permits for rentals and it is also ideal for visiting guests or family. The other entrance leads to a fully-fitted and modern kitchen and dining, sitting room with stove, three bedrooms, main bathroom, washroom on roof with kitchenette and sunny outdoor terrace. Stunning views of the sea and Grand Harbour is yours to marvel at from the top roof terrace.

Three Cities, Unconverted Palazzo

Cospicua Palazzo

€465,000 | 3 Bedrooms | 1 Bathroom |

A unique palazzino in a UCA, built in the 17th Century during the Knights’ period, just a minute away from the seafront and within walking distance to the ferry for Valletta as well as many other amenities. The building is structurally sound, semi-converted and comprises of 3 bedrooms with the possibility for a 4th, has a central courtyard with a well, can have 4 bathrooms, airspace with the potential to further build another two floors. An unexcavated cellar is yet to be rediscovered. Viewings are highly recommended! Freehold.

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