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Tigné Point apartments sold – New phase in the pipeline

MIDI plc said today that all properties put on the market so far at Tigne' Point have been sold.

A total of 281 units have been handed over to their owners with the last four apartments from the latest launch now all on promise of sale.

"All the designer apartments in the recent piazza phase launched last year have now been reserved along with the rest of the residential phases launched to date," MIDI's CEO Luke Coppini said, adding that the retail space was also almost fully occupied with just one outlet on the piazza now remaining.

"The majority of purchasers this year have been overseas buyers though a number of apartments have been purchased by locals. Estate agents have also been successful on this project and have been responsible for half of the sales in the latest phase”.

Mr Coppini added that the recent initiative to re-launch the Global Residence Programme would attract further foreigners to consider relocating to Malta.

A new block is currently under construction on the seaward side of the square.

‘’This is the next phase which will be released for sale shortly” Mr Coppini said, Works on site are proceeding steadily with launch set for the Autumn.

This will be followed by the development’s Business Centre which will provide some 14,000 sqm of high grade office space and underlying catering offers overlooking the car free Pjazza Tigné and the open sea.

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