Property Types in Malta
Property in Malta is diverse 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 property 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 offer communal pools or/and gardens. Maisonettes are an apartment variation which also form part of a block but would have their own separate front door, thereby providing more privacy to the owner. Furthermore, as these are situated on the ground floor, 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 usually spread over one floor while a villa is usually split on 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 whilst still retaining the original features these properties have to offer. These features 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 to foreigners to acquire these properties which makes 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 which were built with a common theme on an extensive piece of land and their value is further increased due to their coveted location and high finishing. 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