Apartment in St. Julian's, Malta, 246 sq.m

These luxurious three-bedroom APARTMENTS located on the 5th floor consist of an entrance hall leading to a large kitchen / living / dining room (common open area) that leads to the front terrace with breathtaking views of the yacht marina. There is a gym with a view of the marina and a spacious laundry room. The apartments are located next to the Hilton and have all the amenities, including indoor and outdoor, swimming pools, a selection of gourmet restaurants, underground parking, spa, etc. And the main thing! In Portomaso, it was impossible neither earlier nor now to find a 3-bedroom apartment (about 250 m2) with a view of the marina for less than 1 million euros. Today, the nearest competitive offer is 1.300.000 euros. Others - 1.6M and above. What is offered is 869,000 euros. 3.500 euros per square meter. !!! Regular prices are at least 6.000 euros and up to more than 10.000 euros. This unit can be considered as a great investment. With pleasure we will sell in a year for more than a million (maybe earlier) And as real estate for your own life. And as real estate for rental (both long-term and short-term). The price was provided before the pandemic. This is not a discount for the sake of the virus. In order to look into every corner of the apartment, use the QR code to read a virtual 360 degree tour.

According to our standards, we classify this property to the category E (Exclusive).

Locality info:

Portomaso is the name of an exclusive development, which is located on the coastline near Paceville, which forms part of the town of St Julian's. The superb waterfront development made the headlines when it was inaugurated back in 1999, since it was the first of its kind on Malta and thus attracted great public attention. The entire expanse of the development includes The Marina, a privately owned and managed yacht marina that welcomes small water craft up to motor cruisers of a maximum length of 16 meters. Portomaso also comprises the five-star Hilton Malta hotel above which towers the noteworthy skyscraping building known as the Portomaso Business Tower. Being the one of the highest towers on the island, it enjoys visibility from practically all over Malta and has become a landmark of importance. With their layered setting, the different blocks of apartments overlooking the marina reminisce the traditional layered fields of the traditional Maltese rural landscape. Tall palm trees lend an exotic look whilst the berthed yachts provide that extra touch of luxuriousness. The whole of Portomaso is known for its assortment of luxury apartments, penthouses, duplex’s and great landscaping throughout. Most of the apartments share the glamorous view, some are inland, whereas others have both the marina view and a view of the shady and sunny side of Sliema Seafront. One of the advantages of Portomaso is that it has an underground car park. The 23 floors Portomaso Business Tower is sought after for its state-of-the-art office facilities. The lifestyle at Portomaso attracts a great mix of foreigners and locals alike. The magnetism of being within a complex where you have everything at your fingertips is something that is sought after. An attractive shopping centre set on the ground floor area of Portomaso Business Tower, Arkadia Supermarket provides most shopping requirements and includes the provision of a tangible selection of quality brands. However luxury shops of note are also found within Portomaso and within its environs. These shops include fine jewellery, designer fashion, luxury watches, hair dresser, nail technician, international wines, art and more. Fine dining options are as varied as they come. Perched on top of the business tower, one finds some of Malta's most exclusive nightclubs. Inside the marina you will find a selection of fine dining and casual dining, some intimate restaurants and a full on classy wine bar. Most people visiting Portomaso, can't do away with a lovely stroll within the soothingly serene Portomaso Marina. The location is surprisingly calm and contained, even whilst being a step away from the busy-ness of the big wide world. Couples and families enjoy any one of the restaurants within the Hilton Hotel, as well as the indoor or outdoor pool facilities and special weekend breaks options. Investing in a Portomaso property is a sure return of monies invested since it is much sought-after and considered of a high reputation. Each apartment boasts an individual character, so that no two properties are completely identical. As part of a Special Designated Area, the properties are unique in all ways, and since the area is now well lived-in, the facilities are fully up and running, and managed with years of experience. As a Special Designated Area (SDA), Portomaso is also a very good option to purchase with a view of letting it out. Rental returns are excellent – though one should always seek advice.

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