Luxury Property in Malta Grows Through Foreign Investment

Luxury Property in Malta Grows Through Foreign Investment

Luxury Property in Malta Grows Through Foreign Investment

Foreign investors are always looking for the next best bet. Malta caters to the wishes of those who desire luxury properties and live in a warm Mediterranean climate. With its long hot summers and mild winters, Malta appeals to thousands of people who enjoy rejuvenating in natural warmth. The luxury residential properties are second to none and leave no room for disappointment. Malta’s strong financial framework and business ethics ensure that you are buying your property in a safe haven. With its limited space, the land is at a premium. Not only will you benefit from this luxurious and healthy lifestyle, but the property that you bought from commercial property for sale malta will also appreciate and provide you with a return on your investment.

Malta’s strategic position in the Mediterranean region has enabled it to become a hive of multicultural activity. Not only have the language and food been influenced by its Italian and Arab neighbors, but the British have also left their mark more recently in 1974 when Malta gained independence. Since the Maltese are very familiar with foreign citizens, this allows for a healthy and easy coexistence between the local and foreign populations.

In business, the Maltese are used to collaborating with foreign nationals from all over the world. Malta has a very solid financial and legal framework. The company foundation and structures have proved invaluable. During the most recent global economic crisis, the Maltese banking system did not enter a crisis situation. This in itself is a testament that foreign investors are not just investing anywhere, but that they are investing in a high-end product, or luxury property, in a Mediterranean country, enjoying the Mediterranean culture and lifestyle, in a safe economy where foreign nationals are welcome and welcomed with warm Maltese hospitality.

Luxury property in Malta truly lends itself to the ultimate luxury living experience. The properties occupy the most privileged points of the island with beautiful sea views or historic architecture. The standard of the properties is most often deluxe and the owners are offered the full service of a five-star hotel including a place to moor the boat.

Previously, foreign nationals and EU citizens could only buy a property that would be for the owner’s use. The situation has recently changed whereby foreign nationals can now purchase additional properties and rent them under a short-term lease, provided the property is valued at more than 233,000.00; it has a swimming pool and is registered in the register of hotels and restaurants. Some of the major locations and properties that fall under these ‘specially designated areas’ and provide luxury properties are Tigne Point, Portomaso, Cottonera, Manoel Island, and Chambray (located on Malta’s sister island, Gozo).

Owning a warehouse and office space for rent is a luxury property in Malta that gives you great peace of mind and reassurance that your property will be appreciated, providing you with a return on your capital, and is in a highly reputable business environment. Also, you will enjoy a really high standard of living and experience the wonderful synergy between modern life and historical culture.

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