A quick look to Real Estate in Malta

One of the best places in the world to invest in real estate is in Malta. Many property investors consider the Maltese property market to be extremely rewarding. It is such a life-changing investment that the benefits and opportunities are immense.

Reasons for buying properties in Malta

Malta offers a very secure and safe property market. This could be one of the safest places to buy properties in the whole of Europe. You can choose to buy or select apartments for rent in Malta for the following reasons:

• It is a top real estate location with continuous market growth.
• There are various properties to choose from.
• The country offers amazing living standards for everyone.
• Malta is a country that is safe and secure.
• You get a Maltese passport when you buy any property in the country.
• The climate has the warm Mediterranean.
• You get low tax rates
• The country gives you free access to all EU countries.

Purchasing properties in Malta: What location do I choose?

Malta has three residential islands – Comino, Gozo, and Malta. The location to buy a property is based on your living standards. You will also choose between quiet/peaceful surroundings or noisy city life. People are usually offered various ways of becoming property investors in the country.

Purchasing properties in Malta: What city do I choose?

Some of the most excellent cities that you can purchase cities in Malta includes Gzira, Sliema, and St. Julian’s. These cities are very famous for their nightlife, shopping locations, restaurants, hotels, and real estate. As a bonus, you also get amazing views of the sea.

Additionally, Mdina and Valletta also offer good real estate options, due to their rich cultures, beautiful architecture, and have a fast-paced living standard. However, people looking for a more relaxed country lifestyle can choose Gozo, Rabat, or Zebbug. These three cities offer you a quiet ambience that helps you escape the city noise and bask in a more traditional village ambience.

Types of properties to buy in Malta

There are lots of properties that are sold in Malta. There are many houses of excellent quality in the area. You have for sale, apartments, farmhouses, maisonettes, terraced houses, bungalows, and villas. There are many foreigners in the country buying up real estate properties and making excellent revenues from their investments. The country is a healthy investment option for foreigners as it has a strong economy that is supported by major European markets.

The history of the property market in Malta

Within the last few years, the property market of Malta has had immense growth. There has been a steady growth of the economy of the country in the last five years. The overall volume of houses and the number of completed real estate transactions increased significantly over five years. One of the reasons for this growth is largely due to the huge influx of foreigners travelling to the tiny European country to invest in its profitable property market. Additionally, foreigners think that the rental market of Malta is also successful. Many investors have been able to make a lot of money just by renting out their properties.

Buying houses in Malta: Property prices

Due to increased demand for property in Malta, there has been an increase in the price of home units. Presently, the asking prices for some properties are:

• A single bedroom studio apartment goes for 204, 707 Euros.
• A three-bedroom apartment costs 400,000 Euros.
• A three-bedroom duplex is priced at 723,000 Euros.
• A four-bedroom Villa can go for 1,500,000 Euros.