The Balluta Terrace project was launched recently at Bay Street.

During the launch, which was attended by a number of guests including architects, property consultants and interior designers, a model of the project was put on display. Guests were addressed by Dhalia director and shareholder of Balluta Terrace Company Ltd, Chris Grech.

Balluta Terrace comprises three blocks of completed apartments on the edge of Balluta valley very close to Balluta Bay. There will be 97 apartments in all, as well as three levels of underground parking. The majority of apartments will enjoy views of the valley.

The sale of apartments is coupled with an attractive payment scheme - customers will be able to pay 10 per cent of their apartment on preliminary agreement and another 20 per cent on completion in shell form.

The remaining 70 per cent needs to be paid upon completion of the apartments. Developers Balluta Terrace Company Ltd said the project is scheduled to be completed by September 2012.

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