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Location: Manoel Island

Manoel Island

Manoel Island (Maltese: Il-Gżira Manoel) is a small island which forms part of the municipality of Gżira in Marsamxett Harbour,Malta. It is named after the Portuguese Grand Master António Manoel de Vilhena, who built a fort on the island in the 1720s.
Since the area is an old town and most of it has developed as an extension of Gzira, it is a working class village that grew out of the need for housing for the numerous workers who were employed in and around the port. Since it was quite centrally located, and located by the sea, Manoel Island effectively became an extension of the affluent town of Gzira, enjoying views of the capital city Valletta across the harbour. Being close to Valletta (15 minutes by ferry) and the University of Malta, and being of interest to various local and foreign businesses, it is home to a vibrant and continuously modernized community.

Sought After Areas

Manoel Island Fun Park
Fort Manoel
The Promenade

Apartments in Manuel Island – Summary

The area is up and coming with projects such as Metropolis, a 6674 m2 residential and commercial development, and the imminent construction of a lifestyle multi-use residential and commercial property development that will include a 5 star hotel resort on Manoel Island, earmarked to take shape before the end of 2020. Plenty of developers are seemingly becoming interested in purchasing properties within this area with the intention to develop apartment buildings and commercial outlets around and about the coastal areas.

Prices in Manuel Island

2015 3 bedroom apartment cost €170,000 to buy
2015 3 bedroom apartment cost €500 to rent monthly

Why Live in Manuel Island?

Manoel Island offers something for everyone, but mostly for the metropolitan, working individual or family. The most common kind of property here are apartments and maisonettes, be it in modern blocks or older estates. A small selection of quaint townhouses in the heart of town is also available. Some of which are unconverted, offering great possibility for personalisation. Gżira has a long promenade enjoying lateral views of Manoel
Island and Valletta. The promenade keeps stretching on to Sliema and Tigné Point Showrooms and shop spaces constantly being generated. All in all, investing in a property in Manoel Island or Gzira can work both as a residential rental, as a holiday rental or as a
business establishment."