Buying a home or a nursing home or simply invest in real estate is a proposal that has become more attractive since Malta became a fully fledged member of the European Union, thus shedding once and for all legal and financial complications of the past.
Maltese and foreign ownership of real estate agents have risen to the challenge and today offers a wide range of properties, from the stylish maisonettes and family apartments in the seaside village of houses and bungalows of the country.
trendy cities of Sliema and St Julian's the liveliest place in Malta's beautiful coastline, but not-so-young people generally use Mellieha and St Paul's Bay area. Only 28 percent of foreign-owned homes are actually in the "rest areas" and You May rather buy a traditional village property with enclosed garden and a cool interior courtyard, where the central pattering fountains.
agents call these types of homes, "houses of character", and many have a distinct Mediterranean feel with its vaulted ceilings, tiled passages and archways. Prices are bound to vary according to the selected areas and the size of the property, but you can be sure fruitful investments. The popularity of Malta and Gozo with virtually crime-free environment confirms the wisdom of such a move. The availability and low cost of maintenance and other benefits that have an impact on home buying in Malta.
The same goes for the low cost of living, juicy tax breaks, and almost everyone speaks English. You will not find many places where it is easy to integrate into local communities. Malta property prices are not cheap-based, but you'll find some good deals ... If you know where to look.
Malta has long been a favorite destination for British pension, but is now rapidly being discovered in other European and American home-seekers who want to live in a sun-kissed office.
However, before investing in real estate Malta, consider renting property instead.
if you're planning to visit Malta for a short, sharp home or intends on settling here for a few years, rental real estate market is among the most extensive and diverse of any European country.
from the farm to the villas and apartments in bedsits you can rent or lease pretty much exactly what you want and where you want at prices that are, most people standards, reasonable and affordable.
Those of you looking for a short stay May want to focus your attention on some of Malta's more well-trodden areas such as Sliema, Valletta, Qawra, Mellieha and St Julians. Most types of accommodation are available for hire in each of these areas, although they will probably have problems if you are looking for famhouses who generally tend to be, as their name suggests, more in the nature. If you do choose to rent from these more widely traveled areas should be aware that public transportation can get a little tricky especially if you hit the less populated areas of Malta and Gozo.
If you are moving to Malta on a more permanent and would rather rent to buy then the island can really become your oyster. Assuming you will have your own transport they could find houses of character in small villages and towns, as well as more modern options available in larger cities.
Most properties available for rent are privately owned and, in some cases, you will be able to deal directly with the owner. However, most real estate agents are leaving the department that will be only too happy to have set to be an ideal place for vacation or home.
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