St Julian's / Paceville

Malta's nightlife-and-iGaming hub, Spinola Bay dining, Paceville clubs and the Portomaso marina, with the prime coast's deepest rental demand

Updated May 24, 202612 min read

About St Julian's / Paceville

St Julian's wraps around the historic Spinola and Balluta Bays, where fishing-boat-lined waterfronts host the island's best restaurant row, while adjoining Paceville is Malta's clubbing and bar capital. Towering over it is Portomaso, the Hilton, a yacht marina and Malta's landmark residential tower. The district is the island's employment engine, home to the bulk of its iGaming and finance firms, which fills it with international professionals year-round. For investors, St Julian's offers the prime coast's deepest, most resilient rental demand and its best prime yields (~4–5.5%), driven by expat workers and tourists. Portomaso is a Special Designated Area, foreigners buy there with no AIP permit and can own multiple units, while elsewhere a non-resident AIP permit applies. The trade-off is Paceville nightlife noise in the core, so location selection within the district matters; bay-front and Portomaso addresses command the premium.

Location

St Julian's / Paceville in Sliema, Malta, Malta

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