Growing demand

Featured in the ‘MONEY’ Magazine
Issue 31

Here’s an article about the growth in our local property market following the global recession, explaining the changes and reasons to why we have seen a surge in sales and letting. The article highlights the steady growths and new emerging markets due to the influx in investment in Malta, as well as how an increase in the igaming and financial sector has contributed to a surge in demand for rental properties, and its effect on increase in sales of Properties marked ‘Buy To let’.

Through this article, I explain how the first time buyer market continues to be in on the rise, the noted increase in the transactions in the ‘ Second time buyer’ market, and the highly sought after areas and SDAs; areas including TIgne Point, Fort Cambridge and. Bear in mind, areas such as the south have experienced a surge in sales and interest dues to new projects such as Smart City and Sky Parks Business Center.