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Property News

 

Browse through our latest news update and articles related to the property market. Check out Esther’s fun blog insights on living and exploring Gozo

 

Property in Malta: what’s next?

From the dawn of civilisation, humans have sought dwelling spaces to meet one of their most primordial needs: shelter. Yet over time, property came to stand for other socio-economic needs, such as power and status. Some have turned it into a business venture, while others use it to store wealth or as an investment. This is also the case in

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Rising property prices in Malta

Maltese property prices rose 10.03% (8.53% inflation-adjusted) during the year to Q4 2015, according the Central Bank of Malta (CBM). During the latest quarter, property prices increased by 5.92% (8.86% inflation-adjusted) in Q4 2015.The price hikes were felt across all property types: Apartments saw a 7.32% nominal price increase over the year to Q4 2015, or 5.85% when adjusted for inflation. Terrace

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Malta seen among top places to retire for Americans

Malta seen among top places to retire for Americans Malta has featured sixth in the index of the best places to retire for Americans, compiled by Forbes/International Living. The Annual Global Retirement Index uses input from a team of correspondents and data on climate, health care, cost of living, and other factors, such as ‘fitting in’ where Malta scores a

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Maltese Citizenship Scheme 2015

Malta’s citizenship-by-investment programme has raised over €1 billion in capital since its launch about 18 months ago and it is the world’s most successful programme of its kind, Henley and Partners, the main operator of the programme said this week. “Malta, the EU country which runs the world’s most successful citizenship-by-investment programme with over €1 billion in capital raised since its

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Malta seen among top places to retire for Americans

Malta has featured sixth in the index of the best places to retire for Americans, compiled by Forbes/International Living. The Annual Global Retirement Index uses input from a team of correspondents and data on climate, health care, cost of living, and other factors, such as ‘fitting in’ where Malta scores a top 100 points.  Malta also performs strongly because of

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The Worlds Best Places to Retire – 2015

he Worlds Best Places to Retire – 2015 Malta—The Mediterranean’s Hidden Treasure MALTA Placed 6th according to International Living’s Global Retirement Index in January this year. It scored top marks for Fitting in and is shortlisted separately under the title Four best places to fit in.  Sitting right at the heart of the Mediterranean, Malta blends the best of southern-European

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Malta 2015 Budget

Malta Budget 2015 Highlights relating to Property Transfers A number of changes have been announced in relation to the sale and transfer of immovable property in Malta. The primary changes are listed below. Taxation on transfers of immovable property With effect from 1st January 2015, a tax payer may no longer choose to be taxed at 35% on the capital

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Valletta among Lonely Planet’s 10 top cities

Malta’s Valletta City has featured in fifth place of Lonely Planet’s top 10 cities for 2015 Washington places first, followed by El Chalten in Argentina, Milan, Zermatt in the Swiss mountains and then Valletta. Plovdiv in Bulgaria is sixth followed by Salisbury in the UK, Vienna, Chennai in India and Toronto. To compile the annual top 10 list, Lonely Planet

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Agri-tourism development allowed in new ODZ policy

Farmers will be able to provide agritourism facilities on their land under a new planning policy which, however, sets strict limits on new construction in outside development zones.  The policy, approved by Cabinet, allows a maximum of 10 bedrooms to be offered by farmers who own at least 60 tumoli of continuous agricultural land or who pool their land.  

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100 Applications for Citizen Scheme lodged in first 3 months

100 apply for citizenship, paying €100m – Henley Henley & Partners said today that in less than 12 weeks, more than 100 individuals had made financial commitments as part of their application for citizenship under the Individual the programme. This amounted to over €100 million in foreign direct investment. Henley administers the IIP, better known as the Citizenship Scheme. “This

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Gozo places second in VISTAS Awards 2014

 Gozo has been awarded the prestigious Vistas award for Sustainable and Responsible Tourism. The international programme VISTAS (Vision, Innovative, Sustainable Tourism Award Series) award ceremony was held yesterday at the international tourism expo at the ITB Berlin 2014. The aim of this programme is to encourage tourism destinations to identify, exchange and apply good practices in sustainable tourism worldwide. VISTAS is

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