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Houses Under Fifty
Thousand |
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
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.
International Real
Estate | Malta Real Estate |