Overview of Sliema
Sliema is a major residential and commercial center located on the northeast coast of Malta. Historically a summer resort for wealthy residents of Valletta, it has evolved into the island's most significant economic engine outside of the capital. The town is characterized by its high-rise developments, international corporate offices, and a diverse population of expatriates and local professionals.
Housing and Rental Market
The rental market in Sliema is the most expensive in Malta, driven by high demand from the iGaming and financial services sectors. As of 2025, a standard one-bedroom apartment typically ranges from €1,100 to €1,600 per month, while premium sea-front properties often exceed €3,000. Real estate data can be monitored via the National Statistics Office for official price indices.
Key Neighborhoods
- Tigné Point: An upscale, modern development featuring luxury apartments, a pedestrianized piazza, and the island's largest shopping mall.
- Qui-Si-Sana: A quieter residential pocket known for its modern apartment blocks and proximity to rocky beaches.
- The Ferries: The central commercial zone where the ferry terminal, bus hubs, and major retail outlets are concentrated.
- Savoy: An inland area offering a mix of older Maltese townhouses and mid-century apartment buildings.
Transportation and Connectivity
Sliema serves as a central transit point for the Maltese islands. The Valletta Ferry Service provides a reliable 10-minute connection to the capital city, bypassing the heavy road traffic of the inner harbor region. The bus network is extensive, with direct routes to the airport, St. Julian’s, and the northern beaches.
While the town is highly walkable, it suffers from significant traffic congestion and limited parking. Many residents utilize e-scooters or car-sharing platforms. For those commuting to other parts of the island, the Malta Public Transport website provides real-time schedules and route planning.
Lifestyle and Amenities
The Sliema promenade, stretching several kilometers toward St. Julian's, is the focal point of social life, used for exercise, dining, and recreation. The area is home to numerous international retail brands, private hospitals such as St. James Hospital, and a high density of cafes and restaurants.
Essential Services
- Healthcare: Multiple private clinics and pharmacies are available every few hundred meters.
- Education: Several international schools and English language centers are located within or adjacent to the town.
- Banking: Major branches of HSBC, Bank of Valletta, and APS are centrally located.