Property sales in Malta increased by 24% in 2015, compared to 2014 A positive outlook on the real estate market in Malta is not only perceived by the public. It has been confirmed by a recent study which Remax Malta commissioned through the Insight OmniBus Research initiative – a quantitative study carried out by means of a survey using a
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
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
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
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
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
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
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
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
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.
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
