Development Focus: Pender Gardens

Where everything surrounds you – Pendergardens is a self-contained development offering a safe, quiet and tanquil environment within Malta’s most cosmopolitan business and entertainment district

When in 2005, a consortium of investors acquired 27,000sqm of prime land in St. Julians, the locality and all of Malta were very different places to live in. The area was already one of Malta’s most bustling shopping and entertainment destinations but there was so much more room for improvement of the amenities and infrastructure. The financial crisis of 2008 that disrupted worldwide housing markets hadn’t yet happened, and although Malta was largely unaffected by that crisis, its property market was sluggish and nowhere near as buoyant and exciting as it is today.

Still, since then parts of the land were transferred for other complimentary developments and the Pendergardens development was built in two phases, that are now nearing full completion. Phase One included the development of 150 residential apartments, spread over six low-rise blocks, together with 406 car park spaces in an underlying car park. These apartments were all finished, sold and handed over to their owners by 2016. Phase Two includes the development of two residential blocks, a 17 floor tower and another underlying car park. 120 apartments are situated in two new blocks and the upper levels of Pendergardens Towers. Since the project enjoys Special Designated Area status, international buyers may purchase more than one property within the development or own a second property here to place it on the highly sought after letting market in this locality, where many of Malta’s five star hotels are located.

This is a self-contained development covering a total area of 18,500 sqm offering all the amenities of a metropolitan centre, yet with all the comforts and security of an exclusive community where everything is within easy reach. Residents enjoy a car free open space and a large private landscaped piazza creating a peaceful and tranquil environment. All available properties enjoy far-reaching sea, country and city views and are extremely well lit as all rooms have outfacing windows or balconies. Amenities within Pendergardens itself include a wellness centre, spa and gym, a large and fully equipped supermarket, café, car rental office, opticians and barber shop and an outdoor heated pool (opening in 2020) and a public car park with over 300 spaces. A great deal more is found within a short walking distance.

Seven levels within the Pendergardens Tower include over 5,000 square metres of office space that is located immediately near one of the island’s main arterial roads so that at Pendergardens you can very easily live, work and relax where everything surrounds you.

For more information:
Call: (+356) 2248 8600
Email: [email protected]
Visit: www.pendergardens.com

Source: Malta Property Annual 2019/2020

Please click here to download a PDF version of the Malta Property Annual 2019/2020.