New Perry Estate Agents Office in Valletta, Malta

Buy, sell or rent property in Valletta – Perry Estate Agents Malta (established in 1981) are pleased to announce that we are expanding our offices on the Island with a new ‘state of the art’ office in Valletta located at 72, Republic Street just by the 16th Century Palazzo and landmark – Casa Rocca Piccola, offering a full range of real estate services. This office is being headed by Mr Daniel Perry who forms part of Perry’s management team and will complement the Head office located in Sliema and the new office opened last year in St.Julians. The scope of this office is to be more easily accessible to prospective clients, many of whom visit Valletta regularly on business or stay at hotels in and around the Capital. Perry Estate Agents also plan to gain a strong foothold in a city which is becoming increasingly popular.

Valletta owes its existence to the Knights of St.John and more particularly to Grand Master La Valette, the gallant hero of the Great Siege of 1565 one of Malta’s most important historical events. The building of the city began in March 1566 and the new city was called Valletta in La Vallette’s honor. Upon visiting this magnificent city one cannot help but notice its historical bastions, fortifications and deep moats as well as its unique street plan based on an almost uniform grid.

Valletta, known to be one of the rare urban UNESCO protected inhabited cities that have been preserved in its near entirety for centuries does not seem to be large enough for all the investors that want a piece of such a prestigious City. Perry estate agents are welcoming new opportunities that are being created as newly renovated buildings are beginning to sprout up in a once neglected City.  The construction push comes as older and derelict buildings are being converted to their former glory to create unique luxury homes and office spaces as well as some beautiful boutique hotels and new up-market restaurants. During the post second world war years, Valletta lost most of its inhabitants who moved out to more modern houses in other localities. In recent years the city was mainly regarded as a commercial centre where one would commute for work or to shop with its many offices and extensive retail outlets. Rather than a place to live, Valletta was also widely viewed as a tourist destination with its many historical attractions and as the seat of the Maltese Government.

Today real estate entrepreneurs both local and foreign are seeking and are indeed succeeding to change this conception fast by satisfying demand for quality and contemporary living and working spaces. The City is seeing renovation and rehabilitation on the upswing and on a phenomenal scale after years of neglect. Thanks in a large part to these dedicated investors determined to offer an original product by blending the charm and character of the old buildings with contemporary living spaces offering all modern comforts and conveniences and also thanks to various government incentives and projects. In fact, Valletta has recently undergone more changes than it has for centuries. With the implementation of structural changes spearheaded by the world-renowned architect Renzo Piano who was tasked with re-designing the main gate of the City, the building of the new parliament as well as the important renovation of the famous theatre known as the “opera house” which was bombed and left abandoned since the Second World War.

Valletta’s population is primarily Maltese but an increasing number of foreigners continue to purchase property in the City, slowly making the capital one of Malta’s most diverse and fashionable addresses. Valletta has a unique stock of beautiful 16th, 17th, 18th Century townhouses and palazzos but also includes a number of increasingly trendy apartments being built in accordance to the very strict planning permission regulations that seek to protect this unique heritage site. The interweaving of the urban fabric is of excellent quality and even the architectural alterations are creating no substantial changes to the appearance of the buildings externally thanks to the sensitivity with which such painstaking renovations are being done.  Many individuals with a flair for unique architecture and design are trickling back into the city and are investing in old properties.

Whether you are seeking to buy or rent a property please feel free to contact Perry’s offices or e-mail Perry on perry@perry.com.mt for expert advice on existing real estate opportunities coming up in Valletta and the rest of the Island. The Perry real estate professionals would be more than glad to assist you with all your property matters and with the backing of over 35 years of service to the industry are well positioned to assist you through the whole buying or letting process.

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Robert Spiteri Paris B.A, LLD is the Managing Director at Perry Estate Agents Malta

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