Property in Sliema, Malta

Sliema and the coastline up to neighbouring St Julian`s constitutes Malta`s main coastal resort.  It is one of the main touristic areas in Malta and is also the place where the Maltese relax and take for their walks and jogs.  There are plenty of seats along the promenade and on summer evenings the seafront becomes a sociable meeting place for locals. You will find various seafront restaurants, cafe's and pubs where you can be serve the best of traditional Maltese food as well as Mediterranean cuisine.   During the day, besides having various Hotel beach clubs, there is a variety of rocky beaches that are served with restaurants and bars where it is ideal for swimming.  Sliema, which means `peace`, was once a quiet fishing town on the peninsula across Grand Harbour from Valletta. The town began to develop rapidly in the early 20th century as a summer resort for wealthier Valletta residents. Their elegant villas and town houses line the quiet, inland streets. The Sliema promontory offers on one side stunning views across to Valletta and on the other, open sea views.  The coastline has two tower fortifications: a De Redin watch tower built in the 17th century; the other was built by the British in neo-gothic style in the 1880s.  The property market in Sliema is very buoyant and property values tend to hold their ground or may even rise making an property investment ideal.  From a rental point of view Sliema is one of the most sought after along with St. Julian's.

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