Ta’ Xbiex Furnished Block of Apartments
This exceptional property in the tranquil and highly sought-after area of Ta' Xbiex presents a fantastic investment opportunity. The building comprises five well-appointed two-bedroom apartments, a one-bedroom penthouse and a charming ground-floor two-bedroom maisonette, each fully furnished and currently tenanted, offering immediate rental income.Located in the heart of Ta' Xbiex, a prestigious residential enclave known for its serene ambiance and proximity to Malta’s diplomatic district, this property boasts a prime position. Residents can enjoy the area's picturesque waterfront promenade, lined with cafés and restaurants, while taking in the views of the marina, filled with yachts. The peaceful setting is balanced by easy access to essential amenities, such as schools, healthcare facilities, and shopping areas, all within a short distance.Ta' Xbiex is also ideally situated for commuting, with convenient transport links and proximity to the airport, which is only 8.8 km away. The area is a perfect blend of calm residential life and accessibility to urban conveniences, making it a popular choice for both locals and expatriates.This property represents an ideal opportunity for investors seeking stable returns in a high-demand area. With its prime location, immediate rental yield, and potential for long-term capital growth, it offers a blend of luxury, convenience, and investment value.
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Ta’ Xbiex is located on a small headland inside Marsamxett Harbour, between Msida and Gzira. It is located just opposite the harbour’s entrance, facing east to where the sun rises over the horizon. Some say this geographical position facing the sunrise (Tbexbix) gives Ta’ Xbiex its name, while others attribute it to the fishing nets (Xbiek) prevalent in this former fishing village. The motto of Ta ‘Xbiex is ‘Unita tae Fortiori’ in Latin, which in Maltese roughly means, ‘In Unity is Strength.’
While fishing boats are still seen in the area, today the main connection that Ta’ Xbiex has with the sea is part of the Yacht Marina which lies on the Valletta side, with the Black Pearl galley, today a restaurant, dominating it. In addition Ta’ Xbiex has become home to a number of ship chandler service industries, boat supplies shops and also insurance and law firms, although it is most famous for the large number of foreign embassies housed in its magnificent buildings along the coast. Among others, one can find the Embassies of Egypt, Greece, Ireland, France, the Australian High Commission and the British High commission.
