Fort Cambridge Sliema Location
Unsurpassed views of the sea all year round, a luxurious bachelor pad or a comfortable family home – Fort Cambridge was built with a rewarding investment in mind, which could serve all kinds of clients. A unique location, the development is located in Sliema, more particularly on the Tigné Peninsula, a truly magnificent location, with unparalleled views, two historical buildings and a strategic location that makes all amenities, administration and entertainment locations within 5 – 20 minutes of travel.
Shopping, Dining & Cafes
Fort Cambridge is located in the heart of Malta’s shopping centre. Within walking distance on one side, you will find The Point Shopping Mall (the largest Shopping Mall in Malta), whereas on the other side, one may stroll down to the Sliema Ferries area, where there are numerous high-street shops, cafés, and restaurants that are virtually open all the time. Sliema is so cosmopolitan and full of life that it attracts several tourists of different nationalities, locals and foreign residents from morning coffee to dinnertime.
Apartments in Fort Cambridge
With a total floor area of 28.000 square metres, the site contains Fort Cambridge and adjacent barracks built by the British in the 1880s. A total of 350 apartments, ranging from 1 to 4 bedrooms, are available, with a 900-car garage beneath the development. All development covers only 17% of the site, as the historical buildings and the beautiful landscaped gardens occupy the rest. Three individual towers have been built, each with 10 separate entrances. The apartments vary in size and views, but one thing is common: functional living. Wide terraces are to be found in all the apartments, which garner a very Maltese touch, and can be especially valuable for leisure activities during most of the year.
The Fort Cambridge development is freehold and has been designated a Special Designated Area by a legal notice issued by the Government of Malta. This status offers prospective buyers a range of exclusive advantages associated with the property.
Pricing and Home amenities
The prices of the apartments vary according to size (from 100 to 500 square meters), location, and view. These prices range from €245,000 to €1,900,000. Fort Cambridge has been projected as a holistic approach to living. Services such as 24/7 security, a communal open-air pool for the exclusive use of residents, a gym, a spa centre, and an indoor pool are all available to prospective buyers. The requirements for living in Sliema are higher than in other locations, with a superior standard of seafront apartments in Malta.
Eco-friendly development
This development clinched the gold award in the eco-development category during the Russian Home Overseas Property Awards for its commitment to sustainability. Considerable measures have been taken by the developers of Fort Cambridge, such as the inclusion of full insulation, specialised ventilation systems, water-cooled VRF systems, storage and reuse of greywater, solar outdoor lighting, and the utilisation of a heat pump system for heating the indoor pool. All this will result in a 2000-ton reduction in CO2 emissions.
Availability of Homes
Fort Cambridge occupies a relatively strategic position in the market. The only other developments in the same category are Portomaso and Tigné Point. At present, these developments are almost sold out, with resales only available; therefore, direct competition is relatively nonexistent. The only competition that exists concerns the resale of properties in these two developments and in Fort Cambridge itself.
As for the clients themselves, there is no typical client attracted to occupying property within Fort Cambridge. However, there are common factors among all clients seeking property there, most importantly, that all clients seek value for their money. Other important factors are the peace of mind provided by the developers’ promise of completion dates and delivery, and the quality of the property living up to that promise. The developers are very aware that each individual property will serve the new owners’ clients as both a home and an investment, and that it will play a central role in the quality of people’s lifestyles. This further increases the developers’ earnestness to offer the best possible to all clients by combining professionalism and quality with amenities and a level of luxury that, together, have such an impact on quality of life.
Rental investment opportunity
Fort Cambridge is also an ideal development for a rental investment. Its location is strategically situated close to several office blocks where staff and executives from various industries work and need to rent homes. Rental yield may range from 4% to 7%, depending on the property purchased and its finishes.
For more information about Fort Cambridge, you may contact one of our offices in the Tigne area. We have provided you with some quick search links for your easy reference.
We have provided a list of links to specific real estate searches. These are segmented by property type, price and transaction type.