Golden Seed and Skyline
VBL’s test project commenced in 2011 and finished in 2012. The Founders purchased a dilapidated apartment and its airspace at the lower end of Valletta, on the fourth and fifth floor of a block without elevator, in order to test the potential of the short-let market in Malta’s capital. The property was converted into a one-bedroom apartment and an overlying studio. The property was subsequently sold and VBL kept managing the apartment ever since. The immediate success of this product gave the Founders the necessary confidence to launch their more ambitious plans.