Buying Property in Malta
Malta is a gem of an island in the Mediterranean sea with probably one of the finest selection of properties in such a small space of land. With over 7,000 years of history, Malta has a deeply rooted fusion of cultures which emanates in the building styles which dot the island’s village cores and spectacular seafronts.
Buying a property in Malta can be surprisingly easy and there are a lot of benefits in this regard. You can opt for an apartment in one of the fine high rise developments which are fitted to the highest specifications or you can perhaps opt for a cosy house of character tucked away in one of the villages. Lately, the property market has become quite saturated with some excellent properties which can be had for a bargain price so if you thought that a good sized house was out of your budget then think again.
It’s important to shop around well before deciding to purchase a property as for many this is a once in a lifetime decision. It is crucial to go to a proper and reputed estate agent when you are being shown around places as owners may tend to exaggerate prices to grab that more cash out of your wallet! Banks are quite lenient when it comes to lending money if everything in order and if you play your cards right, you should have that deal sewn up in no time.
It is also important to shop around for parking space, either a garage or a car slot especially if you are buying in the bustling metropolis of Sliema or St Julian’s as parking may be hard to find in these areas which are so popular with everyone. New developments normally come with garages or car spaces so for that extra money, it would be a wise decision to invest in such an addition.
Malta is a land full of sun and sea so its surely the place to be and to live. There’s always so much going on that you will never get bored and with property still an important investment for the locals, you surely won’t get your fingers burned!