The Maltese high-end property market is buoyant with demand for such properties on the increase.
Enterprises in the sectors of Online Gaming, Software Development and Finance have thrived in recent years, making Malta an attractive investment alternative. The high-end property market has seen an impetus with these luxury developments becoming available to overseas buyers and locals alike. In fact, an indication of this market being healthy is that the buyers in these developments are made up of a healthy mix of locals and ex-pats.
For higher budgets, Malta has a wide variety of properties available, ranging from contemporary apartment blocks and luxury villas to century-old houses of character and Palazzos. If the budget allows and you want something contemporary and luxurious, one option would be to purchase a villa in a prestigious location that will provide you with superior comfort and space.
If you're planning to get a villa in Malta you may expect to find a number of features which add value to your property. Properties of this calibre may include a variety of amenities ranging from gardens and decked areas to pools and basement gyms and theatres. Other amenities may also include under floor heating, central heating system, games rooms, smart home attributes and much more.
An outdoor area is definitely an asset for those who enjoy entertaining or those wishing to make the best of the 300 days of fantastic weather that the Maltese islands are privileged to have.
Certain localities which are renowned for their concentration of luxury properties - such as Birguma near Gharghur, Tal-Virtu in Rabat and Madliena - all boast magnificent sea or country views. There are also a number of luxury villas in core localities like Lija, Attard, Balzan and Naxxar. A few of those luxury villas were built in the 1960s and could be renovated into impeccable contemporary properties by the possible owners. One key area popular for its high density of villas is Santa Marija Estate in Mellieha, overlooking Mellieha Bay. Nested in a valley, properties within this area enjoy both sea and countryside views and on clear days can even get a glimpse of neighbouring Sicily.
Other localities include the far south like Marsascala and Marsaxlokk.
In order to incentivise overseas ownership, select developments termed ‘Special Designated Areas’ (SDAs) have been constructed. Many of these premium developments cater for those seeking a luxury lifestyle in a communal and serviced environment with key amenities all within the same complex. Foreign owners of properties within these developments may purchase more than one unit, and rent out these extra properties at will without needing to apply for any permits. This is a very attractive investment opportunity given the country’s low supply of premium rental units compared with the high demand.
Being the leading real estate agency on the Maltese islands and enjoying a strong reputation built of professionalism and ethics, we are able to help you find the perfect property based on your requirements. Be it the perfect family home or a high-end rental investment, we will guide you towards the ideal property selection matching your needs. We have access to a very extensive and up-to-date database of properties, some of which are only entrusted to us. No matter what is your request, our experienced and energetic team of luxury property specialists looks forward to being of assistance in finding the right property for you.