• 22.12.2024
  • 12:27
  • 15.27°C / 59.486°F

Four Reasons To Invest In Property In Malta

Buy Property in Malta – With global real estate prices surging ever upwards it seems everyone is trying to capitalise on the attractive returns that can be made in this sector. More and more people are starting to invest in ‘bricks and mortar’ instead of the more traditional routes such as stocks and shares. Indeed, here in Malta property prices were up 6.2% in the third quarter of 2015 which was the highest increase seen in the EU and furthermore, rental yields are also rising at very strong levels adding more incentives and opportunities for the savvy buyer.

In this blog we’re going to analyse what makes real estate investment such an attractive proposition. Here are 4 key fundamental reasons…

1. Increase value of asset

One of the best quotes relating to property investment states to buy and hold as on average (in the UK) property prices double every 18 years so the longer you leave it the better the returns. The great thing with property investment is the combined return of market appreciation and rental yields. As a result of this there are very few investments that can match these sort of returns.

2. Control of investment

Another benefit of property investment is the fact that you as the owner are in complete control at all times. Maintenance and upkeep is down to you so you can monitor the spending levels and if you wish, you can instate a property management company (contact our Property Management team on: +356 2131 0800 or email: lb@perry.com.mt) to help run this side of your investment.  The owner has the opportunity to update and renovate their property which in turn can add value and it is solely their choice when to rent or sell. By comparison, not many other investments allow this type of hands-on management. This is without doubt a huge plus point and also allows the investor the possibility of increasing the value of their asset and indeed the returns by setting the levels of the rental income.

3. You don’t need to be expert

Property investment is open to everyone. You do not need a degree in housing to understand it, as we all, throughout our lives, have experience with accommodation and differing property types. A simple understanding of the property market and economy is often enough to get you started (and of course the relevant investment capital!) This is a stark contrast to other investments such as dabbling with the stock market, which can be extremely difficult to understand and monitor.

4. Information & research

Since the arrival of the internet and of course Google it is now so easy to research those all important questions relating to any property investment. Questions such as:

Q. Is it in a good location?

Q. What are the average rents in the area?

Q. How far are the local schools?

This quick access to information, when coupled with the expert advice from your estate agent, notaries and architects will help the investor make the right property decisions.

There are, of course, some risks in purchasing any property, for example, the possibility of bad tenants, unexpected building costs or damage and repairs, but on the whole, these are all manageable expenses that you as the owner can control.

To conclude, it is clear that property investments will continue to remain a very attractive proposition in the coming years and this is perfectly captured by this telling quotation…

“Don’t wait to buy real estate, buy real estate and wait”  – T.Harv Eker

Begin your property search in Malta here

Alternatively, don’t hesitate to contact one of our experts on (+356) 2131 0800/0088 or email perry@perry.com.mt

Return to Blog Listings