Property in Malta

Should you rent a property in St. Julians for your Business?!

22.02.22 | Michael Paris

Should you rent a property in St. Julians for your Business?!

The commercial real estate market had a significant boost in 2021 compared to the previous year and seems to be growing still in 2022. St. Julians or San Giljan was one of our most souhgt after locations for business owners looking to rent out commercial property in Malta. Here we will have a brief overview of the advantages to opening your business in St Julains in 2022.

 

  • A bit about St Julians
  • Renting an office in St Julians
  • Renting a catering establishment in St Julians
  • Renting a retail outlet in St Julians

A bit about St Julians

St Julians is a bustling fishing village in Central-East Malta, boardered by Sliema, San Gwann, Paceville and Swieqi. The St Julians promenade that starts at Spinola and goes all the way through to Sliema Offers stunning views of the coast of Sliema. The main chunck of buses would pass through St Julians on the way towards or from of Valletta passing through Sliema, giving the location arguably the most acessiblity in Malta. According to google, the population in  in 2019 was 13,792, however we have seen an increase in people living there over the last two years due to the development the area has seen.

 

Renting an office in St Julians

Office space in St Julians starts from about a minimum of €240 per sqm per annum, for a finished office space. With many new ciommercial developments being built, especially the landmark, Mercury Tower, and Portomaso. One finds an abundance of office space to rent in the area. Some even refer to it as Malta's Commercial Hub. Here are some advantages of renting office space in St Julians:

 

 

  1. Accessibility - St Julians is very accessible by bus, car and walk being situated on a main bus route
  2. Views - St Julians offers stunning views by night or by day. Malta's shoreline can be admired from most locations in the locality
  3. Restaurants and Bars - St Julians offers some of the Islands best choices for lunch breaks and even afterwork drinks
  4. Companies in the area - the local companies boast a vibrant atmosphere due to the variety of the many different compnaies that are situated in the locality

 

It should be important to note that the two biggest issues that our clients find with renting in St Julians are that parking is an issue in the area and the rates are on the higher end, for both commercial and residential, compared to more central areas, however this is due to the high demand from businesses to open in St Julians.

 

Renting a catering establishment in St Julians

Whether you are looking to rent a bar, or to rent a coffee shop or to restaurant in Malta, St Julians should definitely been one of the top locations on your list.

 

  1. Foot-Traffic - St Julians is one of the locations with the most foot-traffic on the Island. It boasts a high amount of expats, tourists and locals that live in the area, providing an endless amount of new potential customers
  2. Views - Again, St Julians provides great views for your staff and customers to admire
  3. Amenities - Anything you can think of is just a few minutes walk away, well-renowned catering and hospitality providers C&H Bartoli are situated just a couple of minutes away in neighbouring town, Gzira which is a BIG plus, a long with any pet stores, different supermarkets such as convenience stores, asian food stores and even local produce trucks.
  4. Accessibility - St Julians is very accessible by bus, car and walk being situated on a main bus route

 

An important thing to keep in mind is that the competition in the area is very great. So you will need to make sure your concept stands out from the crowd to succeed in this bustling town.

 

Renting a retail outlet in St Julians

Renting a shop in St Julians has its perks. Whether you are looking to open a clothing store, convenience store, pet shop, DIY shop, home interiors and so on, St Julians is the place for you! 

 

  1. Foot-Traffic - St Julians is one of the locations with the most foot-traffic on the Island. It boasts a high amount of expats, tourists and locals that live in the area, providing an endless amount of new potential customers
  2. Accessibility - St Julians is very accessible by bus, car and walk being situated on a main bus route

  3. Companies in the area - there is arguably the largest amount of businesses based in St Julians. From office spaces, to childcares, to restaurants, there are a great many potential opportunites for new customers.

 

Should you need any more information about where you should look to open up your business, get in touch with us on +356 7937 1629 or send an email to [email protected]. At QLC, we have over 800 properties for rent in St Julians on our database which can be found here.