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Gzira, Sliema Area, Malta

Stylish Two-Bedroom Penthouse with Terrace in Gzira

€690,000

2
Bedrooms
3
Bathrooms
Apartment
Type
28 Jul 2026
Listed

The Habio take

AI summary

This modern two-bedroom penthouse features a spacious terrace with views over Ta' Xbiex and Valletta. Located in the sought-after area of Gzira, it offers easy access to the seafront, marina, and daily amenities.

  • city
  • investment
  • luxury
  • walkable
  • coastal

Highlights

  • Spacious terrace with views over Ta' Xbiex and Valletta
  • Modern open plan living area
  • Main bedroom with en-suite bath
  • Utility room enhancing functionality
  • Exclusive roof area for additional outdoor space
  • Central location near seafront and amenities

Worth knowing

  • Garage available for an additional cost
  • Sold unfinished regarding bathrooms and internal doors

Good fit for: Ideal for professionals seeking a modern city lifestyle or investors looking for rental opportunities.

Lifestyle scores

Beach
70
Walkable
90
Remote work
75
Family
60
Retirement
65
Airport access
85
Investment
80
Luxury
70
Value
65

About this place

Situated in a central and highly sought-after residential area of Gżira, this well-planned penthouse boasts a modern layout and excellent outdoor space. The open-plan kitchen, living, and dining area leads onto a large terrace, perfect for outdoor dining and entertaining, while the property includes two bedrooms, the main bedroom with a private en-suite, and a separate guest toilet for convenience.

The penthouse has been thoughtfully designed, with the original bathroom adjacent to the kitchen transformed into a practical utility room, enhancing the overall functionality of the living space. A unique aspect of this property is the ownership of the roof, where half is designated for the building’s water tanks and services, while the remaining half will be tiled and reserved for the exclusive use of the penthouse, offering additional outdoor space with pleasant open views.

This penthouse presents an excellent opportunity for both comfortable living and as a rental investment, owing to its prime location close to the seafront, marina, business districts, and various daily amenities. Additionally, a street-level garage of 170 sqm with capacity for five cars and ample storage space is available in the same block at an extra cost. The unit is sold finished, excluding bathrooms and internal doors, allowing the new owner to customise these aspects to their taste.

What this place offers

  • terrace
  • garage
  • utility room
MT

Buying Property in Malta

Full guide →

Purchasing a property in Malta involves a formal process guided by legal professionals, including a preliminary agreement and due diligence. Buyers should budget for additional costs like stamp duty and notary fees, which can amount to 6–10% of the property's price.

  • The property buying process in Malta may have regional variations, especially concerning special designated areas that offer different conditions.

  • Recent legal updates may affect requirements and costs; therefore, it is crucial to verify details with a qualified local professional.

Sources consulted (2026-07-27): - Buying Process Malta - 5 Step Buying Process - Immobilien Malta: https://www.immobilienmalta.com/buying-process-malta/en?utm_source=habio - Buying Property in Malta — Malta Legal Guide | Laws of Malta: https://lawofmalta.com/guides/property?utm_source=habio - How to Buy Property in Malta in 2026 – Complete Step-by-Step Guide: https://www.maltaluxuryrealestate.com/insights/step-by-step-buying-process-malta?utm_source=habio - Buying Property In Malta: A Step-By-Step Legal Guide For Foreign Buyers | Chetcuti Cauchi Advocates Malta Law Firm: https://www.ccmalta.com/publications/a-guide-to-buying-property-in-malta?utm_source=habio - A Guide on Malta Property Tax when Buying – Frank Salt Real Estate: https://franksalt.com.mt/guide-books/property-tax-in-malta-when-buying/?utm_source=habio

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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