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Portomaso is a unique WATERFRONT RESIDENTIAL DEVELOPMENT in St Julian’s covering an area of 128,000m², surrounded by a 110-berth yacht marina that stretches along 1.6km of water frontage.
Portomaso is one of the most prestigious residential property addresses in the whole of the Mediterranean and it has succeeded in becoming a top-class development of the highest standards in Malta. One of the unique features of owning a property in Portomaso is finding oneself immersed in the history of Maltese culture and traditions plus having access to an unbeatable location and lifestyle. When it comes to buying an apartment or penthouse in the perfect setting in St Julian’s or the Sliema area, not many can properties cam compete with those located at Portomaso.
What is so special about the Portomaso development in Malta?
Portomaso in St Julian’s is a unique, waterfront residential development covering an area of 128,000m², while the meandering design of the three-basin, 110-berth yacht marina stretches along 1.6km of water frontage. Complementary components of the development include the 5-star Hilton Malta hotel, a beach club, a health and leisure centre, an impressive office tower, a conference centre and a selection of high-end shops and award-winning restaurants.
Special Designated Area Status
Portomaso enjoys Special Designated Area status, meaning that foreign investors, whether they are EU or Non-EU, can purchase as many units as they want without the need for an AIP (Acquisition of Immovable Property) permit. Due to this special status, the units can also be rented out immediately without any restrictions.
More about the Apartments and Penthouses
Situated in Malta’s most sought-after district of St. Julian’s on Malta’s northern coast, Portomaso offers a truly inspiring choice of luxurious waterfront apartments and penthouses, overlooking a magnificent yacht marina. The apartments and penthouses at Portomaso have been designed and built to the very highest specifications. They range from 70m² to an impressive 500m², with one to four bedrooms. Apartments here come with a range of spacious, private terraces: some even with their own individual swimming pools. In many units, a split-level format provides breathtaking sea views from the moment you step through the front door.
The Unique features of Portomaso, Malta
A number of other distinctive features are also apparent which render Portomaso a unique development by any standard. One key feature is the low building density, a mere 20% coverage, and the large area of open space within the complex. This allows practically all properties to enjoy open views of the marina and the sea. The open areas benefit from lavish landscaping, while 90% of the area is a car-free zone. A tranquil tree-lined promenade extends right around the marina, providing a total water frontage of 1.6km. Extensive underground parking provides for both residents and visitors, making the whole marina side of Portomaso a quiet, pedestrian-friendly zone. This development is also surrounded with top restaurants, the Portomaso Tower, a casino and a luxurious yacht marina.
The first 3 phases sold out while part of the 4th and final phase was released the market recently. A select number of seafront and inland apartments are still available for purchase. Office space is available for rental from time to time in the Portomaso Business Tower.
As a bold and original project in St. Julian’s, Portomaso represents the cutting edge of local property development and serves as a benchmark for quality future projects. It has managed to fulfil and surpass the aspirations and expectations of some of the world’s most discerning investors of luxury property, as well as that of the yachting community who can enjoy the pleasure, comfort and convenience of stepping out of their homes straight onto their yachts.
Why is the Portomaso Development so Unique?
At Portomaso Malta, no two apartments are the same: each is an example of the height of style and luxury, an expression of tasteful individuality. Built-in a ‘frame structure’ to afford flexibility, their layout may be adapted to satisfy residents’ needs and ideas. Internal specifications and touches can be tailor-made to suit individual tastes. Circling an attractive environment and an alluring marina, the apartments redefine the word “luxury”.
Exceptional Appreciation
Portomaso has proven to be an exceptional investment opportunity in Malta’s property market and many Portomaso residents have purchased a second or even third apartment due to the high quality of the project, high capital appreciation and high demand for rentals in this sought-after location.
