Property for Sale in Paceville
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Market Insights
In Paceville, there are currently 9 properties for sale. The typical asking price is €950,000, with homes ranging between €475,000–€2,118,000. Around 78% of listings include lift, and most have 1 bedroom. Updated 31 October 2026.
About this areaAbout St Julian's
About St Julian's
St Julian's is Malta's nightlife and iGaming capital around three small bays.
St Julian's wraps around three small bays (Spinola, Balluta, and St George's) and contains both Malta's main nightlife district (Paceville) and its premier marina address (Portomaso). It is the headquarters location for most of Malta's iGaming sector and a magnet for international employees.
Sub-areas and neighbourhoods
Lifestyle
St Julian's is loud, young, and corporate at once: tower-block apartments above 24-hour streets, with luxury marina compounds tucked just inland.
Transport
Sits on the same coastal road as Sliema with a 5 to 8 minute drive between centres and a 25 minute drive to the airport.
Drive and ferry times
- Valletta15 min drive
- Sliema centre6 min drive
- Malta International Airport25 min drive
- Mater Dei Hospital10 min drive
Best for
Notes for foreign buyers
Portomaso and Pendergardens are SDAs, allowing unrestricted foreign purchase. Outside SDAs, non-EU residents need an AIP permit and minimum thresholds apply.
Transit times
- Valletta15 min drive
- Malta International Airport25 min drive
- Mater Dei Hospital10 min drive
- Golden Bay28 min drive
Bus routes
Parking: Street parking is essentially unavailable around Paceville and Portomaso; most newer towers come with allocated underground spaces and short-let operators rely on commercial garages.
Schools nearby
- St Andrew's SchoolIndependent · All-through5 min drive
- Chiswick House SchoolIndependent · All-through6 min drive
- St Catherine's High SchoolIndependent · Secondary8 min drive
- QSI International School of MaltaInternational · All-through6 min drive
- Verdala International SchoolInternational · All-through10 min drive
Demographics
Population and household data: NSO 2021 census.
Buyer notes
- 1-bed Paceville apartments rent from 950 to 1,400 euro per month; Portomaso seafront breaks 2,500.
- Portomaso, Pendergardens and Mercury Towers are SDAs (no AIP, no minimum-property restriction for non-EU).
- Paceville carries Malta's highest noise floor; buy at the back of a block or two streets inland if sleep matters.
- Short-let returns are highest here in Malta; MTA registration plus condominium rules apply.
- Tower waitlists for incoming developments (Mercury, Quad Central) are commonly six to twelve months ahead of handover.
Notable developments
- PortomasoSDA
Portomaso is the marina-front SDA at the centre of St Julian's, a master-planned cluster of apartment towers, a private yacht harbour, the Hilton hotel, and a business tower. It is one of Malta's longest-running SDAs and a flagship for the Maltese luxury apartment segment.
- PendergardensSDA
Pendergardens is an inland Special Designated Area on the St Julian's hill, layering low-rise apartment blocks around landscaped courtyards and a residents' pool deck. It sits a short walk from Portomaso and Paceville.
- Mercury TowersSDA
Mercury Towers is the high-rise mixed-use SDA on the former Mercury House site at the top of Paceville, combining apartments, hotel inventory, and ground-floor retail in a Zaha Hadid Architects design.
- Spinola Bay
The crescent of restaurants and apartment blocks wrapped around Spinola Bay sits at the heart of St Julian's nightlife and dining scene, with direct waterfront views and a short walk to Portomaso.
FAQsFrequently asked questions about Paceville
Frequently asked questions about Paceville
What is the average price for properties in Paceville?
The current median asking price for properties for sale in Paceville is €950,000, with most listings between €475,000 and €2,118,000. Prices vary by sub-area, condition, view, and finishing. Market data is refreshed daily as new listings come in.
How many properties are for sale in Paceville?
There are 9 properties for sale in Paceville right now, across all property types and bedroom counts. New listings appear daily as agencies upload to Darscover.
Can foreigners buy property in Paceville?
Non-EU citizens generally need an Acquisition of Immovable Property (AIP) permit to purchase outside Malta's Special Designated Areas (SDAs), and government-set minimum prices apply. Inside an SDA, foreign buyers can purchase without restrictions and with no one-property limit. EU citizens face fewer restrictions and can typically buy a primary residence with no permit.
What types of properties are available in Paceville?
Listings in Paceville cover the full Maltese mix: apartments, terraced houses, houses of character, maisonettes, and penthouses. About 78% of current listings include lift, and most properties feature 1 bedroom.
How far is St Julian's from Valletta and the airport?
St Julian's sits roughly 15 minutes from Valletta by drive and about 25 minutes by car from Malta International Airport, traffic permitting.
Who is St Julian's best suited for?
St Julian's works best for iGaming employees, investors targeting short-let yield, young professionals, international students. As with any Maltese locality, the right fit depends on commute patterns, school priorities, and whether the property will be a primary home, second home, or rental investment.
Property For Sale
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