Category: GAP Properties

It`s official – The Pantheon Phase Two is open! We are excited to announce that the highly anticipated new phase of our residential development in Mosta has been launched and we can’t wait to welcome you.

It can be hard to visualise how you would go about designing your new home when you have only seen the inside of an empty apartment. To give you a taste of what your future Pantheon home could look like, we have renders and walkthroughs of one wonderful typical apartment available to view. It has been decorated with a unique colour palette and carefully considered furniture to demonstrate how versatile and beautiful new-build apartments are at The Pantheon.

Apartment H04:  Three Bedroom Apartment

Apartment H04, designed by the design experts at Olivia Ann Calleja, is a classic example of where stylish meets contemporary. As a design concept when entering this home, the feeling of space is of prime importance. Residents will enjoy a large sheltered private terrace, with a phenomenal panoramic country view of the Northern part of the island.

The colour palette has been kept earthy and neutral, with various white, greys and creams visible throughout the apartment. Placing an equal amount of importance on creating a home that feels warm and welcoming but also elegant and contemporary. We opted for a visual balance that involved easy-on-the-eye furnishings teamed with striking and bold decorative elements.  The colour palette – a combination of white, cream and grey to provide comfort and style while brass elements were added to offset this slightly and create drama and sophistication.  Now more than ever before, there is a real sense of importance in being at home and it is vital for us at GAP Homes to create places where the occupiers could ultimately enjoy their homes to the fullest, whether relaxing, dining, exercising, working or cooking.

Want to see more?  View our walkthrough of apartment H04.

Living at The Pantheon

The Properties

All homes at The Pantheon are spacious and stylish and have been designed with the residents` safety and comfort in mind. We`ve made sure to include ample space in each apartment offering a large open plan kitchen living dining, large terraces, and spacious principal rooms, allowing residents room to breathe and relax. Some of the homes also enjoy walk-in wardrobes and laundry rooms.

The Neighbourhood

Mosta is an attractive location with plenty of perks, making it an increasingly popular and sought-after destination. With a variety of amenities including cafés, restaurants, shopping centres, and supermarkets, residents have everything they need within reach. Furthermore, its central location in the heart of Malta makes it easy to get around the island.

Mosta is known for its rich culture and landmarks, such as the famous Mosta Rotunda and Ta’ Bistra Catacombs. The town also offers greener spots with breathtaking views and hiking trails, such as the Mosta Valley. There’s also a versatile and lively community with plenty of social events and groups to get involved in. 

It is ideal for those seeking a comfortable and relaxed environment to call home, whether you’re raising a family or looking to retire.

The Lifestyle

While each individual apartment at The Pantheon may feel worlds away from the surroundings and have a high standard of privacy, the development itself will have a real community feel, with exclusive lifestyle facilities, giving residents plenty of opportunities to connect with their neighbours.

This superb collection of  2 and 3-bedroom homes offers luxury living in the heart of Mosta.  The homes at The Pantheon enjoy their private terrace, high-end finishes and optional parking spaces.

The town centre is only a short stroll away with its array of restaurants, bars and the picturesque Mosta Dome. The site, rich in history, offers breathtaking views of the Northern part of the island.  All homes benefit from spacious, open-plan living areas and private outdoor areas in a desirable location and abundant shops, there isn’t a better location for retail enthusiasts.  

Buying Your Home

Our properties for sale at The Pantheon are poised to be not just homes but rewarding investments too.  

We invite you to come down, meet the team and see this spectacular new residential landmark in person. Call +356 2327 1000 to arrange your visit and find out more about The Pantheon Phase Two.

As the year 2022 comes to an end and we look forward to what 2023 will bring, we are taking a moment to reflect on some of the most notable achievements, accomplishments and events that have taken place for GAP Homes over the past twelve months. Keep reading for our full year in review.

Achievements

The year 2022 brought exciting construction milestones to GAP’s developments. Work officially commenced on three of our sites over the course of the year.

Throughout the year we launched; Mulberry Park, which is now completed; The Pantheon, wherein Phase 1 is now completed and a new project in Qawra which is set to be launched next year.

Additionally, several of our popular developments successfully sold out during the year including; first-time buyer favourite – Fairwinds, Mellieha’s luxury development – Southridge, as well as, The Hazel, Eden Grove, Waterbank, Breezy Village and The Oaks.

In January, GAP issued €21 million 3.9% Secured Bonds, having nominal value of €100 per Bond and issued at par. The Bonds were admitted onto the Official List of the Malta Stock Exchange on 17 January and commenced trading on 18 January 2022. Moreover, on 5 April the company redeemed in full the GAP Group p.l.c. 3.65% Secured Bonds 2022.

We kept the property market moving

Despite navigating our way through a global pandemic and being faced with a number of diverse challenges such as the inflation of raw materials for construction and finishes, we made it our mission not to pass on the rising costs to our consumers to encourage home buying and to provide customers with confidence.

We’re always proud to hear how we’ve changed people’s lives and helped them achieve their dream of owning a home, and this was something that has continued to be at the heart of what we do throughout 2022. We are delighted to have had the opportunity to speak to some of the buyers we helped and shared their experience on our website.

Throughout 2022, we have continued to deliver quality, value for money and kept our promise to complete properties within the stipulated timeline.

Takeaways

After looking back over a fantastic year, we are now delighted to be looking forward to celebrating even bigger milestones in 2023. It is set to be jam-packed with more exciting events and launches than ever before!

Here are some key takeaways that we can keep in mind as we move forward towards a new year filled with new opportunities.

–Shifting Movements in the Market

Whilst the market saw some soft activity and a series of price deviations across properties, analysts suggest that due to the omnipresent rise in inflation we are going to see more shift in the market.

– Re-issuance of First-Time Buyers Grant

With Malta’s 2023 budget having been issued on the 24th of October came the reissuance of the first time buyers grant. With effect from 1 January 2023, first time buyers will benefit from a €10k cash grant over a span of 10 years provided the property does not exceed €500k. Currently, first time buyers may benefit from a €15k cash grant (€30k for Gozo) with respect to the acquisition of qualifying property.  Furthermore, the VAT Refund of up to €54k on the first €300k expenses incurred for the restoration and improvement of qualifying properties remains applicable.

–Extension of duty exemption for First & Second Time Buyers

The duty exemption for first time buyers (exemption from duty on the first €200k of the consideration), second time buyers (refund of duty paid on the first €86k of the value of the replacement property and purchases of property in Gozo (rate of duty of €2 for every €100 or part thereof with respect to transfers inter vivos of residential property situated in Gozo) will be extended to the end of 2023.

Looking forward

What will 2023 bring for you? Are you hoping to find a new home in the new year? Our team is here to help you. Call +356 2327 1000 or view our current developments to get your house hunt started today.