LIFESTYLE DEVELOPMENTS IN MALTA ‘SPECIAL DESIGNATED AREAS (SDA’S)

At Immvest Properties, we also offer services related to Special Designated Areas (SDA’s).

 

What are Special Designated Areas? An SDA status is a status granted to qualifying developments that allow both EU and non-EU nationals to purchase property in Malta with the same acquisition rights as Maltese citizens and without the need to obtain an AIP permit (Acquisition of Immovable Property). Therefore, there are no limits on the number of properties a buyer can purchase and once acquired the owner can also lease or rent the property without restrictions (any rental income is taxed at 15%). As a result, these developments are extremely popular with international investors as well as the Maltese.

Special Designated Areas typically offer a car-free environment with beautiful communal areas and landscaped gardens, whilst being close to some of Malta’s best entertainment destinations, with world-class amenities and accessibility to luxurious facilities. Most of these developments offer 24/7 security surveillance, ‘residents only’ swimming poolsfitness clubs and excellent underlying parking facilities.

Mercury Towers

A truly soaring addition to the St Julian’s Skyline, Mercury Towers by Zaha Hadid Architects is an entirely new lifestyle development project which will, in itself rejuvenate the Paceville area and create a vibrant new cultural hub in Malta.

The project is being commissioned and developed by J. Portelli Projcts and consists of a collection of of striking structures, starting underground and rising to the 33rd floor. It incorporates also a restored 19th century building known as ‘Mercury House’ and a 5-star hotel ME by Melia Hotels International.

DESIGN AND EXPERIENCE

There is a certain privilege that comes with living and building a superstar architect Zaha Hadid. Her designs are instantly recognisable and grace the world’s most glamorous locations. The lofy, impeccbly designed residences within the Mercury Tower and Mercury Suites offer a distinctive way of living in this dynamic neighbouthood.

Each of the residences within Mercury Tower and Mercury Suites come with exceptional amenities as standard including dedicated 24-hour concierge service, on-site security, cleaning and maintenance, a rooftop garden and an option for residences to be managed by 5-star luxury hotel brand ME by Meliã Hotels International. Residents can also enjoy a wide array of exquisite on-site facilities including a state-of-the-art gym and outdoor running track, a signature restaurant, radio rooftop bar, five swimming pools and underground, an extraordinary limestone spa. Anchoring a vibrant new quarter of landscaped public spaces, restaurants, bars, cafés, bistros, an underground live music concert hall, a luxury spa, a bespoke retail experience and so much more. Mercury Towers is an iconic new development and an unforgettable farewell from one of the world’s most exceptional architects.

 

SUMMARY OF MERCURY TOWERS

This incredible new development will have the following features incorporated on site:

  • Estimated completion: Phase I – December 2021 & Phase II – December 2022
  • Site Area: 9344m2
  • Total number of units: Phase I – 262 units (mostly sold) & Phase II – 170 units
  • State-of-the-art gym & outdoor running track
  • Signature restaurant & radio rooftop bar
  • 5 swimming pools
  • An extraordinary limestone spa
  • Landscaped public spaces, restaurants, bars, cafés & bistros
  • An underground live music concert hall
  • A bespoke retail experience

Explore Our Available Properties at the Mercury Towers

The Shoreline

Benefitting from its unique seafront location overlooking the crystal clear, azure Mediterranean Sea, The Shoreline offers an unparalleled mix of luxury accommodation, superb views and community amenities right outside your door. Located in a safe and access-controlled environment, literally a stone’s throw from the seafront, The Shoreline adopts a philosophy of luxury living and convenience where every daily need is easily accessible. The Shoreline gives all its residents optimum comfort and accessibility.

DESIGN AND EXPERIENCE

The Shoreline is a brand new multi million Euro development project composed of top-quality residential apartments and upscale retail elements set in Smart City, Kalkara, Malta. With a footprint of 14,000 sqm, The Shoreline will comprise of a mix of 370 residential units and a 25,000 sqm shopping mall on 2 levels and located right on the water’s edge.  Close to Kalkara, a small town on the eastern coastline 1.5km south of Malta’s capital city of Valletta, The Shoreline is located along the picturesque and scenic coast between Xghajra and the Grand Harbor in Valletta, in a safe and car free environment with extensive open spaces for outdoor activities, yet just 10 minutes away from Malta International Airport. Of note and close by are the historical Three Cities, hosting marina facilities up to superyacht size and having a wealth of history and culture.

 

SMART CITY

The Shoreline is a brand-new development in an existing masterplan approved by the Malta Government Authorities in Smart City. It shall upscale the area from a mere ICT-oriented zone to a harmonious blend of offices, residential and retail spaces. The Shoreline is synonymous with a serene lifestyle in this emergent part of Malta, close to Valletta, the Three Cities and the airport. Smart City enjoys a Specially Designated Area status and therefore values a significant potential for foreign investors who may be interested in owning apartments at The Shoreline.

 

THE EXPERIENCE

Forming part of The Shoreline community has its perks, with commodities such as restaurants, shopping centres or underground parking open to the public. Yet there`s so much more to it for residents. Residents are set to benefit from the proximity to the open sea and enjoy stunning shoreline walks in a totally car free and pedestrianized environment. Besides, the project is set around a man-made laguna and each apartment has access to it, as well as a secluded residential area where residents can stroll at their leisure and take in the beautiful sea-views. Kept under secure gated access, this area promotes tranquillity and safety allowing for peace-of-mind and ultimate relaxation.

COMMERCIAL SECTION

Besides the residential component, The Shoreline Residences will also have an extensive range of commercial, on-site conveniences such as top restaurants, a high-end 2-storey shopping mall of more than 25,000m2 with popular retailers as well as a spa and gym. The development will also incorporate a large and beautiful pool terrace and a sheltered underground car park. The pool terrace will be reserved for the exclusive use of The Shoreline’s lucky residents.

As part of the commercial section of The Shoreline, a shopping centre Central Plaza will be the heart of the entire development featuring a spectacular glass dome which will flood the shopping mall’s courtyard with natural sunlight. The Central Plaza will also act as the access point to the food hall and more than 44 retail and pop-up shops.

The design of the development is the work of one of Europe’s top design firms, Haskoll.

Explore Our Available Properties at the Shoreline