Malta's growing appeal to foreigners who are attracted to the local lifestyle and decide to work and live here is also being mirrored in the growth of its luxury real estate market. High-rise luxury developments, particularly high-rise buildings situated close to the waterfront in towns where business and leisure activity is high, are being increasingly demanded. 14 East is one such up and coming development set to be completed in 2017.

Gżira is conveniently located close to key points on the island.

The 14 East development will be situated in Gżira, a central town located conveniently close to key points on the island, such as the administrative capital city of Valletta, Ta' Xbiex yacht marina and the shopping, leisure and tourists centrals of Sliema and St. Julian's. This area will also be undergoing a thorough regeneration as numerous luxury developments start emerging to redefine Gżira's appearance and skyline.

The 14 East project proposes a number of remarkable luxury residences for sale set across the 10th all the way up to the uppermost 16th floor of the building. Levels 10 to 13 offer a selection of apartments with a 3-bedroom layout, ample living space as well as terrace that makes the most out of the location and takes in the unparalleled views that can be enjoyed from here.

The luxurious residences at 14 East are being designed by the renowned Carlo Schembri, using high quality finishing materials.

On Level 14, one finds a 3-bedroom apartment covering the whole floor, thus benefiting from increased living space. The residential aspect at 14 East culminates in the stunning duplex penthouse set across the 15th and 16th floors and rising above any other building in the vicinity.  All the residences are being designed by the renowned Caro Schembri and being offered on a highly-finished and ready-to-move-into basis, including 2 parking spaces. Prices start at €1.million, going up to €3,300,000 for the penthouse.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.