Residential Real Estate
Varied property investments
Recently, Malta has become one of the most sought-after locations in Europe for foreigners seeking to purchase property either as investment or for relocation purposes.
Boasting a Mediterranean climate, short commuting time (everywhere on the island is accessible within less than one hour) an English-speaking country with a very strong British culture.
Easy access to major European cities, some excellent properties ranging from unconverted farmhouses in quiet traditional villages to modern apartments boasting breathtaking sea views or historical views of some of the best existing examples of walled cities and fortifications in the world.
Malta's property prices, are still competitive when compared with those in urban areas in most of the rest of Europe. Housing prices are around a half to two-thirds of the price of similar property categories on continental Europe and even more competitive in relation to the UK market.
The rental market for the long term is still not well developed with the Maltese rather reluctant to rent out on long lets. However this is changing and foreigners can find some very good properties and very competitive rental rates.
Recently a number of "lifestyle" complexes are being built with the foreign investor in mind . Some of these surround specially built marinas or on by the seaside offering spectacular views.
At Ciantar associates we can help you to get in touch with our partners who are specialised in the housing market and who will help you through the procedure of buying or leasing your residence or office as smoothly and cost effectively as possible. We are in a good position to help you relocate as smoothly as possible.
| 05.07.2009 |