Important factors to consider in residence planning
The Maltese real estate market has, in recent years, been a European success story, experiencing five years of consecutive growth both in the number of properties purchased and the overall volume.
A nation of homeowners, Maltese people like to invest in property. This cultural perspective, together with the arrival of many foreign nationals, particularly from the affluent gaming and finance sectors, has created demand for property from both locals and foreign investors.
While the real estate market appears to be stabilizing, there is still demand for good quality property. Sliema and St. Julians are highly sought-after destinations to own property, featuring many popular restaurants and entertainment facilities. The seafront in Sliema and St. Julians is dominated by apartment blocks boasting sea-view properties, while traditional Maltese townhouses can be found along the streets of the coastline.
Valetta, another popular destination for purchasing property, is traditionally the commercial district, with very little residential property available. This is slowly changing, but due to its UNESCO World Heritage Site status and an abundance of beautiful old buildings full of charm and character, development in the city is very restricted.
The Malta Individual Investor Program (MIIP) offers investors the option to invest in real estate, thus ensuring the recoverability of those funds after the required five-year holding period.
Henley & Partners will assist you in securing a property that qualifies for the MIIP. If you would like to receive more information on our services, please contact us. We would be delighted to arrange a visit to show you around personally and share our local knowledge of the Malta property market.
Henley & Partners
Aragon House, Dragonara Road
T +356 2138 7400