Description
Excellent rental investment! If you could not consider buying it for yourself personally which is also expected decision, you will be given with a strong rental possibility to operate with this property, which is located just steps away from the stunning Sliema seafront. FLAT consists fully furnished two bedroom, two bathroom, sleek modern features throughout including a master en-suite with a large steam shower and a Juliet balcony. The kitchen is flooded with natural light from the large terrace space that includes a BBQ to enjoy while gazing out at the Valletta skyline. This property is set up perfectly for short lets and is positioned well for long-term capital appreciation. Priced to sell! Street level lock up garage also available. Option to purchase airspace as well. FREEHOLD!
According to our standards, we classify this property to the category IR (Investments in residence property).
About locality:
Certainly, things have changed from the day when the name was originally associated with Sliema, but today it remains a prominently important and sought-after hub on Malta. With its ever-changing yet recognizably stable facets, Sliema is a preferred place to live with a number of high yielding opportunities of investment within the real estate market. The town was originally nothing more than yet another fishing village. It was the colonial period which turned it into a fashionable and chic resort wherein the wealthy families of Valletta, and the south especially, liked to purchase their house by the sea. The result was a string of elegant Victorian houses built by architects of the period who favored the typical British style of facade, combining the bay window with the traditional wooden balcony and the occasional Art Deco motif. The British adored Sliema, and those foreigners who lived permanently on Malta preferred to reside there too. The town slowly grew in capacity as buildings increased to the point where a first parish church was constructed - the church of Stella Maris, today considered the mother parish of town. Several families whose family homes had been destroyed during World War II decided to relocate to Sliema, and thereon the Sliema community established itself firmly. The Sliema real estate market is considered Malta’s prime area for investment for both locals and expatriates. Over the years, the promenade has been developed into one of the finest skylines in the Mediterranean. These seafront apartments come in most shapes and sizes with varied layouts, the majority of this prime real estate being between two and four bedroom apartments with medium to large sized terraces overlooking the Mediterranean. Looking into the side streets of Sliema you will find a number of apartment buildings as well as lovely townhouses. The Sliema area has a huge rental demand since it is a five to ten minute walk or a bus ride to either St. Julian’s or the Sliema Ferries area - where most office space is located. Many expatriates also prefer to be in Sliema. With no real cost of transport to the place of work, it is an ideal place to live. This demand also encourages rental investors to continue to purchase in this town. There are a number of four star and five star hotels that also accommodate the booming tourism market. Today Sliema is a constant hub of activity, constantly on the go. Sandwiched between the equally busy towns of Gzira and St Julian's, it is a hot spot for expatriates, tourists, students and locals alike. The main road around which most activity happens is Tower Road stretches from the Gzira front all the way to St Julian's. Sliema also offers excellent wining and dining options as well as coffee shops and choice shopping opportunities for all. Apart from the small shops along Sliema's Promenade and up along Tower Road, one can find a concentration of high street shops at the “The Plaza Shopping Mall” which is located just off the Ferries and at ”The Point Shopping Mall” that is situated at Tigne Point -the largest shopping centres on the Maltese Islands. The Ferries area is renowned for its café and restaurant culture located just in the middle of all shops. A strip of a couple hundred metres provides a choice of very busy but excellent coffee shops, restaurants and pubs. As one walks along the Sliema 'Front' - which is a long and winding coastal promenade overlooking rocky beaches, play grounds and gardens - one can pass by an old fort which has been ably transformed into a restaurant. Further on, one can see a 17th century watch tower for which Tower Road itself is named. There are play grounds practically every 200/300 meters along the promenade ideal for locals and expatriates to take their children out to play.
Call us! Our specialty is Malta! Have you considered getting a second citizenship in Europe? You will be served by licensed lawyers who have worked on the development of the MIIP program with the Maltese Government. They will be happy to provide full support to you if you decide to get the residence permit for investment MRVP or to participate in a tax residency program in Malta GRP, which have been successfully operating for several years. In addition, most importantly! You do not have to do an independent search for all the services that you need in Malta. You will receive the best service within the framework of “Single Window” by contacting us. We are waiting for your questions and requests. OUR SIGHT IS CLOSER TO DEAL!