Malta Real Estate
Malta is yet another of the beautiful Mediterranean countries
where the time has come for real estate investing, according
to Rhiannon Williamson. Low taxes and lots of sunshine are just
for starters.
The Rising Appeal of Malta
By Rhiannon Williamson - 2007
Malta, the beautiful Mediterranean island that basks in up
to 300 days of sunshine a year is proving more and more popular
with those in search of a low tax country with an attractive
property market.
The fact that the island is such a popular choice with those
seeking to live offshore, those looking to reduce their business
and personal taxation burden and even those wishing to retire
to the sun means that the real estate market in Malta is a hive
of activity and property prices are moving up a gear.
All of these factors make the market ripe for real estate
investors and mean that more and more people are profiting from
property in Malta.
As stated the country is also an attractive low tax haven
– all those who achieve residency on the island are only
subject to 15% income tax on anything they remit to the island
and anyone who purchases property in Malta can get residency
and thereby potentially reduce their taxation burden.
The capital an individual uses to purchase their Malta home
is not taxed and inheritance tax does not exist in Malta which
means more people annually want to move to the island which means
that more people annually demand real estate to buy or rent in
Malta which gives a potential property investor a large potential
customer base to work with.
Malta is also a popular choice for those looking for a low
tax haven in which to establish their business which means that
there is also a strong demand for commercial property in Malta
– opening up the range of market opportunities available
to a potential real estate investor.
In terms of the range of properties available to purchase
in Malta they range from stunning villa properties complete with
private pools that are ideal for letting out to the busy tourism
market for at least 9 months of the year. There are also a range
of town properties from apartments and town houses that can be
rented out short term and then sold on for maximum gains in the
medium to long term. Of course, as mentioned there are also a
lot of commercial property prospects available to an investor
in Malta as well from buying and leasing office space to buying
into warehouses and retail properties.
The key to successfully profiting from any property market
is the appeal of that market and the appeal of the real estate
sector in Malta is not only at an all time high it is intensifying
creating an ideal environment for an investor looking for an
overseas real estate investment opportunity.
Reference Box: Rhiannon Williamson writes about real estate investment
in emerging markets worldwide. To read more about property investment
in Malta click here. (Author; please contact us.)
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