A very good value for money apartment has just come on the market with new mattresses and freshly painted walls. A rare find when you compare size and location - just behind the waterfront hotel. Sliema is a town located on the northeast coast of Malta. It is a centre for shopping, restaurants and café life. Tas-Sliema is also a major commercial and residential area and houses several quality hotels. Tas-Sliema, which means 'peace, comfort', was once a quiet fishing village on the peninsula across Marsamxett Harbour from Valletta.