The Shoreline is a 200 million Euro development project composed of residential and retail elements set in Smart City, Kalkara, Malta. Kalkara is a small town on the eastern coastline 1.5km south of Valletta, the capital city of Malta. The Shoreline is a brand-new development with a footprint of 14,000 sqm, alongside the picturesque coast between Xghajra and the Grand Harbour in Valletta.
The Shoreline is synonymous with a serene lifestyle in this emergent part of Malta, close to Valletta, the Three Cities and the airport.
The Shoreline enjoys a Special Designated Areas status, which means that non-Maltese purchasers may buy property with the same rights as Maltese citizens, thus not requiring an Acquisition of Immovable Property permit from the Maltese Government. Once such prime real estate is acquired, purchasers may opt to lease out their properties and as a result enjoy capital growth and rental yields. Another advantage is the immediate access to top-end facilities and amenities that these areas offer such as restaurants, supermarkets, spas and swimming pool.