Property Types in Malta
There are many different property types available in Malta, and the market offers a variety of modern and traditional architecture. If you fancy something unique and oozing character, then you can opt for one of the many houses of character or townhouses situated all over the island. Alternatively, if you are looking for practicality or an ideal first home, the number of apartments all over the island is proliferating due to the high demand for these types of properties.
Here is a list of the available property types on the island and we are sure there is something to suit anyone’s taste, budget and needs.
These are the most common types of residences on the island, and they range from studios ideal as a bachelor pad or pied-a-terre to large seafront apartments or penthouses with spacious terraces and stunning sea views. One could opt to purchase within a small independent block or a unit that forms part of a large complex which usually offers communal pools or/and gardens. Maisonettes are an apartment variation which also forms part of a block but would have a separate front door, thereby providing more privacy to the owner. Furthermore, these are situated on the ground floor, and they usually come with a back yard or garden while the top floor unit would have its own roof terrace.
Villas and Bungalows
These would either be detached or semi-detached and usually come with surrounding gardens and a private or communal pool. The difference between a bungalow and a villa is that a bungalow is spread over one floor while a villa is split into two levels. These are considered to be luxury properties and are quite large – usually built on about 1/3 of an acre of land.
Terraced houses are modern property types built over two floors and usually with at least a 6m-frontage, garage, back and front garden or yard. The prices vary considerably according to the location and standard of finish.
Some of the most charming properties on the island are these houses of character and farmhouses, which are available both unconverted and converted. When converted, these properties include modern finishes required for a contemporary home while still retaining the original features these properties have to offer. These could include wooden beams, mill rooms, wine cellars, central courtyards, stone arches and more. These properties are usually located within villages or in the countryside.
Special Designated Areas
There are a number of luxury developments being set up in Malta and Gozo which have been highlighted by the local authorities as Special Designated Areas (SDAs). There are no restrictions on foreigners to acquire these properties which make them an ideal choice for those wishing to invest in property in Malta. These property types are high-end, and consist of clusters of apartments, maisonettes and penthouses built with a common theme and on an extensive piece of land. Their value is further increased due to their coveted location and high finishes. Some developments that fall under SDAs are:
- Fort Cambridge and Tigne Point in Sliema
- Portomaso and Pendergardens in St. Julian’s
- Fort Chambray and the Kempinski Residences in Gozo
- Tas- Sellum Village in Mellieha
- St Angelo Mansions at the Vittoriosa Marina
- Madliena Village
- Ta Monita in Marsascala
- Metropolis in Gzira
- Smart City in Kalkara