Portomaso sits at the heart of St Julian’s, built around a yacht marina beside Spinola Bay. It is a gated development of apartments, duplexes and penthouses, with the security and services of a managed estate — and it is one of Malta’s best-known Special Designated Areas.
Why buyers choose Portomaso
- SDA status — no AIP permit, no limit on the number of properties and freedom to let. See SDAs explained.
- The marina — berths, waterfront walks and restaurants on your doorstep.
- Security and management — a gated setting with on-site services.
- Location — Spinola Bay, St George’s Bay and Sliema’s promenade are all within walking distance.
Homes in Portomaso
Homes range from one- and two-bedroom apartments to large duplexes and penthouses with terraces overlooking the marina or the sea. Views, floor level and outdoor space make the biggest difference to value. We regularly offer homes here — see the listings below.
Portomaso and residency
Because anyone can buy and let here, Portomaso is a natural fit for international buyers applying for the MPRP (purchase from €375,000) or the Global Residence Programme (from €275,000). We confirm with your licensed agent that the specific home qualifies before you sign.
Letting
Long lets are straightforward under SDA status; read letting your property and rental income tax. Holiday lets additionally need a Malta Tourism Authority licence and must respect the development’s rules.
What to check
Ask for the management and condominium charges, what they include, the rules of the development on letting and alterations, and — for penthouses — the extent of terrace and roof rights.
