The Shoreline at Smart City in Malta.
This is a brand new residential and retail development covering an area of 14,000m2 that is located within the established Smart City complex in Kalkara, in the south-eastern region of Malta. This luxury lifestyle development, which is currently the largest on the market in Malta with approximately 450 units spread over 8 blocks, has a selection of 1/2/3 bedroom properties ranging from apartments, duplexes, penthouses and sky villas, many of which have unparalleled sea views, and are finished to the highest specifications. The properties also offer excellent underlying parking facilities with full lift access to the residential and retail units as well as secure controlled access throughout the development.
The Shoreline at Smart City in Malta, represents a unique opportunity to purchase a property within a Special Designated Area in Malta, which, for those who may not be familiar with this definition, is a status reserved for larger developments that have been officially approved and as a result, the conditions of acquisition are the same for Maltese and foreign residents alike. Therefore, once purchased, there are no restrictions should the owner wish to rent the property out and there are no limits to the number of properties a buyer can purchase. Special Designated Areas have become extremely popular in recent years for both foreign and Maltese buyers alike with leading examples being Tigne Point in Sliema, with its magnificent location facing Valletta, and Portomaso in St.Julians with its spectacular marina and maritime facilities.
The Shoreline follows in these prestigious footsteps and offers the very best in secure community living with an exceptional array of amenities hosted within the complex including a private ‘residents only’ Health Club, complete with a state of the art gym, swimming pool, spa and sauna, a shopping mall complemented by a good selection of retail and catering outlets as well as a supermarket for the essential day to day provisions. The developers refer to The Shoreline as a “philosophy of luxury living and convenience where every daily need is easily accessible.” It is also worth noting that the impressive Laguna area at Smart City also hosts a number of functions and shows throughout the year, thus contributing to the vibrant atmosphere of this exciting new development. Other attractions in the area include the ever popular Vittoriosa (Birgu) waterfront nestled in the historic Three Cities area with its breathtaking marina and choice of restaurants and cafes, as well as the traditional seaside villages of Marsascala, and Marsaxlokk (with the latter renowned for its vibrant Sunday fish market). Furthermore, the capital city of Valletta (European City of Culture 2018), is only a short drive away, as is Malta International Airport.
The Shoreline is a very attractive prospect for those seeking an exclusive lifestyle in a “unique seafront position”. It is ideal as a place to call home, but also for investors who are seeking solid returns as a ‘buy-to-let’ investment. If this exciting new development is of interest to you then please don’t hesitate to contact us on +356 2131 0800 / 0088 to discuss it with one of our highly experienced team members or email us on perry@perry.com.mt
Written by Daniela Naudi & Dan Perry