When purchasing a property, one not only has to view the initial purchase price but there also has got to be a serious evaluation on how to maintain the property in question. In today’s day and age, the buy to let market is increasing at a substantial rate so property management does come into question and is a serious issue by any account.
First of all one has to keep a property clean and habitable so it is important to paint the inside walls at regular intervals.
Property in Malta is considered to be a good investment; even with the global recession, prices haven’t dropped significantly and have now almost stabilised. The Malta real estate boom started in the 1960′s, with large scale development and the building of newer towns such as Santa Lucija in the vicinity of Paola and Tarxien in the south of the island. With the island being small, one of the smallest countries in Europe bar the Vatican and Monaco, land is at a premium and properties have significantly increased in value over recent years. Malta’s population density is one of the highest in the world.
Looking for a 2 bedroom apartment in Bugibba/Qawra? Buy this property directly from owner for €92,000!
The entrance to this recently built block of apartments is just off the main Tourists Street in Qawra, in a relatively quiet area yet still in the middle of all amenities of this popular touristic location. Within walking distance, one finds all necessities and entertainment facilities, including supermarkets, hair saloons, bars, restaurants, variety of shops, a cinema and even a casino. The main bus terminus is located on same road, a mere 2 minutes walk away. In Bugibba/Qawra one finds a number of rocky and even a small sandy beach. The largest sandy beaches in Malta are located in Mellieha, only about 10 mins drive away.
The Maltese islands offer an extensive range or properties at relatively lower prices when compared with other European countries, with the recent recession lowering prices even further.
Malta properties are also usually large and spacious by European standards.
Whether you enjoy the hustle and bustle of cities or the peacefulness of the countryside, there is the right property available for you in the Maltese islands even when considering the physical size of the islands. Continue reading