The Cape Residences - Luqa

A new residential concept is currently evolving in Malta, which will establish a new concept on how buyers look at property seeking to converge affordability and excellent finishes.

Recent market research has shown that the key factors influencing buyers’ choices in entry-level residential property are affordability, value for money and proximity to major work and community hubs.

The Cape Residences in Luqa was designed with these key factors in mind. The Residences are a cluster of 169 brand new residential units set out in a tastefully designed layout and situated high on a promontory in Luqa’s picturesque northern area. This development finds itself adjacent to an expansive green area and has been designed primarily in a way that takes advantage of the breath-taking views that stretch all the way up to the Grand Harbour area. Prospective buyers will be able to experience this modern residential complex in Luqa during an open week being organized between Friday 7th June and Sunday 16th June from 10am to 8pm.

"The Cape is our response to the social trends in residential property. Located on Luqa’s periphery, these residencies are located in a very quiet area that offers plenty of privacy and open views without compromising on the convenience and the proximity to all everyday amenities that are enjoyed when someone lives at the village core. Everything in fact is within short walking distance from the apartments such as public transport, local banks and amenity shops. Luqa center is also a few minutes’ walk away,” explains a spokeswoman for The Cape Residences.

Other strong qualities that make The Cape Residences an interesting and unusual proposition include the fact that this development also includes an elegantly landscaped and well laid out common area, the apartments have two or more facades and albeit being in a cluster, these residencies enjoy plenty of light and space and eliminate the crammed feeling that many clustered developments tend to have.

Apart from the fact that the latest energy-efficiency measures have been incorporated in the project, practically all apartments are north–east facing, ensuring a cooler environment during the long hot summer months but most importantly.

The Cape is composed of a selection of finished (excluding bathrooms and interior doors) one, two, or three-bedroomed maisonettes, apartments and penthouses. Features include an entrance hall, large open plan kitchen, living and dining area, bedrooms with en-suite facilities, front and rear terraces or balconies. Prices for these units start from just €80,000, making this development easily accessible especially to first-time buyers. For the duration of the Open Week, the Owners will be also offering a garage space (worth €15,000) free of charge, hence providing more value for money, both for first time buyers and investors.

In addition, The Cape Residences are proud to have teamed up with Go to be one of the first developments in Malta to offer the revolutionary Fibre-to-the-Home data services, offering unparalleled quality of service and digital content.

In order to reduce the upfront expenses of buyers, the owners will be paying notarial fees and expenses (subject to terms and conditions) in relation to all promises of sales carried out during the Open Week.

Those who will purchase a property during the open week will also enter a chance to win a €5,000 wedding at MonteKristo Estates.

* Conditions apply