Malta's Metropolis - Island on the Rise

Malta Luxury Real Estate News, International Real Estate News

27th April 2015

Malta's Metropolis - Island on the Rise
Malta’s aspirations are literally high and on the rise as along this last couple of years, the island has built up much anticipation with regards to the Metropolis development project. This multi-million project is set to be carried out in Gżira, an up and coming area with much potential to become a central business and leisure hub in Malta. The project is being planned on a 6,674 metre squared site approved as a high-rise development area by MEPA’s ‘Tall Building Policy’ and would front four streets. Its central location, convenient road access as well as its proximity to the capital of Valletta, Malta’s shopping central Sliema and the Ta’ Xbiex yacht marina offer a truly unique investment opportunity.

Site plan of the Metropolis high-rise project The project is being planned on a 6,674 metre squared site and fronts four streets.

             
Residential Metropolis is set to comprise of three high-rise buildings of 13, 27 and 33 floors, meaning that the latter would become the tallest building on the island. This commercial and residential complex was planned keeping the individual needs and unique taste of the upper end market in mind. Residents are able to choose from two and three bedroom apartments, sky villas or duplex penthouses, all enjoying breathtaking, priceless and unparalleled views of the Valletta fortifications, Ta’ Xbiex marina, Sliema creek and Manoel Island. All ancillary services and amenities that the modern lifestyle individual would need are also to be found here. The complex is complemented by four levels of underground parking holding over 600 car spaces, a central lobby with concierge facilities, retail outlets, swimming pool, gymnasium and spa.

Metropolis buildings 3D model This commercial and residential complex was planned keeping the individual needs and unique taste of the upper end market in mind.

                     
Commercial The business sector is also sure to be met with a solid infrastructure and resource base carefully planned and created to meet the increasing demand for high quality office space fit for Malta’s emerging service-based industry. The total commercial space in this complex consists of an impressive 9,700 metres squared. All offices and residential spaces will also enjoy direct vertical access from the underground parking area.

Metropolis high-rise project 3D model The total commercial space in this complex consists of an impressive 9,700 metres squared.

               
Regeneration This ambitious project will undoubtedly greatly improve the area in which it is set as well as its surroundings. Although holding much unexploited potential and a lot to offer, the Gżira area is widely deemed to be in need of regeneration. Metropolis seems to adequately capture all the ingredients for a recipe for success in this regards. This unique addition to the Maltese skyline would become another symbol of success for Malta.

Harbour view from Gzira front, Malta. Although holding much unexploited potential and a lot to offer, the Gżira area is widely deemed to be in need of regeneration.

                 
If you’re looking for an exciting investment opportunity or have already set your eyes on Malta, we have more expert advice to give on relocating and finding the perfect base from which to sit back and enjoy the view. Drop us a line anytime on info@maltasothebysrealty.com or visit us on our website or  Sliema office.
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Malta Sotheby's International Realty

Launched on the Maltese islands in 2013, Malta Sotheby's International Realty had one clear vision and goal in mind – to offer our clients the highest level of commitment and quality of service in the high-end residential and commercial real estate market throughout the Maltese Islands. We derive our success from local expertise, professionalism, commitment, and discretion to meet any client’s needs. We understand the importance of finding a home that not only suits your needs but suits your vision for the future – a place that facilitates comfort, creativity and familiarity. We realise that a home is much more than a place to live - it is a sanctuary from where we build families and dreams. Our real estate professionals will guide you towards finding your ideal home throughout the entire buying and selling process. The culture of Malta SIR is defined by our knowledgable and dedicated diverse team which spans over multiple nationalities, whether you are a vendor or a buyer we speak your language.

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