Buying and Renting in Gżira

History & Location

Gżira, sandwiched between Msida and Sliema, touching Ta’ Xbiex in part, is a town named after an island(Gżira translates literally into 'island') that is found immediately opposite in the Grand Harbour - Manoel Island. Mostly developed as a working class village, Gżira is an old town that grew out of the need for housing for the numerous workers employed in and around the port. Being quite centrally located, and being by the sea, Gżira eventually and effectively became an extension of the prosperous town of Sliema, enjoying views of the capital city Valletta across the harbour waters. Being close to Valletta (travel across by boat) and the University of Malta, and being of interest to various local and foreign businesses, it is home to a vibrant and continuously updated community.

The town is up and coming with projects such as Metropolis, a 6674 m2 residential and commercial development, and the imminent construction of a lifestyle multi-use residential and commercial property development that will include a 5 star hotel resort on Manoel Island, earmarked to take shape before the end of 2020. Plenty of developers are seemingly becoming interested in purchasing properties within this area with the intention to develop apartment buildings and commercial outlets around and about the coastal areas.

Places of Interest

Fort Manoel

This was built in the 18th century, by the Portuguese Grandmaster Manoel de Vilhena, and was considered to be a wonder of military engineering. Due to its defensibility, Manoel Island was appreciated as the construction of a walled city. The British used the island as a naval base during WW2. Over the past few years Fort Manoel has been undergoing extensive restoration works, with attention given in particular to areas hit and damaged by bombs during WW2. The Fort's rehabilitation led to its being opened to the public in 2009, and sometimes it is used for public and private events.

Gżira Parish Church

The town's church is also known as “Tal-Ġebla” (literally meaning “of the stone”) and dedicated to Our Lady of Mount Carmel. Its origins date back to a street incident which saw drunken sailors throwing a stone towards a facade, with the stone wedging itself in a religious shrine. This was in 1902 and a small chapel built on the site, eventually transformed into a church inaugurated in 1921.

Promenade

Gżira has a long promenade enjoying lateral views of Manoel Island and Valletta. The promenade keeps stretching on to Sliema and Tigné Point.

Shopping

Gżira is a self-contained seaside town, boasting all amenities. It provides ample shopping opportunities in the form of a string of small shops located along the Gzira promenade. Its close proximity to Sliema means that serious shopping can be continued just metres away on the Sliema promenade and at Tigne Point.

Real Estate in Gzira

Gżira offers something for everyone, but mostly for the metropolitan, working person or family. Apartments and maisonettes are the most common kind of property here, be it in modern blocks or older estates. A small selection of quaint townhouses in the heart of town are also available. Some are unconverted, offering great potential of personalisation. Plots for development are also up for grabs, as well as blocks of apartments, offering business potential since this is a thoroughfare which attracts constant traffic. Showrooms and shop spaces proliferate. All in all, investing in a property in Gzira can work both as a residential rental, as a holiday rental or as a business establishment.