MALTA REAL ESTATE – THE SAFE AND STABLE INVESTMENT PLACE IN EUROPE
Malta real estate is currently increasing in value, acquiring reputation and stability as well. Besides, the Maltese real estate market is one of the most profitable in Europe and real estate in Malta is backed by the Maltese legal system, which has been as a catalyst to attract many people to reside in one of the Maltese islands.
Benefits of investing in Malta real estate
Malta boasts a stable and profitable real estate market. It is unlike the rest of Europe that investing in Malta real estate has proven to be a favorable investment in a niche market.
Here are the benefits of investing in Malta real estate:
- Proven investment income;
- No taxes on ownership and property;
- 5% – 8% simple Final Foreign Contractor Tax on sale (No additional capital gains tax);
- 5% stamp duty;
- 15% Rental income tax unchanged;
- No VAT when transferring Real Estate Property.
Profitability when investing in Malta real estate
Location is a determining factor in Malta real estate investment. To maximize profits, investors should ensure that the investment in a central area such as residential areas. This island is extremely diverse in terms of living areas, so researching different places will help investors make decisions.
For a young entrepreneur who may prefer busy and bustling places, Sliema and St. Julians are good choices. This area is close to restaurants, bars and nightlife cities. If accompanying with family, investors can consider areas with high-quality schools. In addition, choosing a place near public gardens and supermarkets is also worth the investment.
The most popular areas for property purchases in Malta have stunning sea views, close proximity to all essential amenities, and have convenient local transport routes as well. It would be a is a massive investment for buying an apartment or house in the following areas Sliema, St. Julians, Valletta, Mellieha, San Pawl tat-Targa, and Madliena.
Location of Malta
The Republic of Malta is a small island nation in the Maltese archipelago and is located between Sicily (Italy) and the North African coast. Malta is renowned for its many ancient historical sites.
Malta have climate an extremely pleasant, the Maltese are friendly and the natural scenery is beautiful and peaceful. The official languages in this country are Maltese and English.
Malta has:
- Area: 316 km²
- Population: about 550,000 people (in 2020)
- GDP: 5.4 billion USD (in 2019)
- Per capita income: 21,000 USD
Furthermore, Malta, which is a beautiful island country in Southern Europe, is known as the heart of the Mediterranean Sea.
- Europe’s largest seaport.
- Designated as “Europe’s Hong Kong”
- Located in the south of Italy 93km
- Strategic location as a trading gateway in Europe
- 3 hours flight from London
- 2.5 hours flight time from Paris, Milan, Zurich
- 1 hour flight time from Rome
In Malta, moreover, the education, health and social welfare systems are all up to European standards. Those things are enough to prove the high quality of life in Malta, which is worth for investors to settle down in this country.
CONCLUSION
Malta is an attractive destination for investors to invest in real estate. Malta has become the perfect choice for settlement families from all over the world. Malta also implements preferential policies on welfare, health and education as well. Together with Portico & Bridge, Malta real estate investment conditions also become faster and more convenient.
Portico & Bridge is a leading European immigration and settlement consulting group with more than 35 years of experience and a team of more than 50 reputable experts worldwide. For more information about the Malta Permanent Residence program, please contact us for full support.
Call us now at 0909.898.758
At PORTICO & BRIDGE, “Your Children, We Care”.