Why did Malta's real estate market remain prosperous during the epidemic?

The frequent occurrence of FireWire Order 2 has prompted many people to be pessimistic about overseas epidemic control measures. In fact, overseas epidemic has long been a high-incidence area in COVID-19, but they are not very generous in the profit subsidies during the epidemic. In fact, in the economic crisis, in order to ensure people's interests, the welfare protection of foreign countries in the world is stronger than that of China.

Although Malta accidentally encountered this epidemic, the total number is very small at present, and the epidemic in COVID-19 is still in a stable stage. Faced with the rapid expansion of the epidemic, Maltese government agencies have actively taken a series of countermeasures. Today, let's take a look at how Malta has developed in the epidemic. Economic development has attracted foreign investment.

Under the epidemic situation, the new immigration policy has been issued, and the Maltese Immigration Bureau has informed in advance that the new policy will be implemented soon, and the new policy points of Malta MRVP permanent residence project have finally been released! A new Malta MRVP has been adjusted in many aspects, such as project investment mode, investment amount, application fee, application standard, medical insurance and so on. , more closely combined with the applicant's pursuit, in line with the safety requirements of the application project investment, more enforceable.

The Malta Developers Association, a real estate association, said in a report on the construction industry and the real estate market released on Thursday that the high demand in the leasing industry mainly comes from foreigners. "Therefore, this market is more vulnerable to the changing economic situation, which in turn will seriously affect the real estate price," the report warned. MDA shows that from 20 13 to 20 16, the average price of real estate increased by 24%, and the average price of apartments was about 228,000 euros, although the price in the northern harbor area may be twice as high as that in other regions.

At present, the indoor space of the parking garage is estimated to be 35% of the equity premium for increasing the value of the house, but directly owning the property by the sea can increase the use value by 50% to 70%, which actually lies in the address. The most expensive area is the northern seaport area, while southern Malta is still the cheapest area, which is reflected in 20 16. There were 5,500 properties listed in the south, while only 500 in the most expensive area.

The industry analysis conducted by KPMG concludes that middle-income singles, or couples with minimum wages, will also find that the supply of real estate is limited. KPMG suggested setting up a special research group to consider the specific countermeasures applicable to this group and deal with the supply vacancy in the low-end market.

Research shows that the most direct, indirect and guiding total output of the construction industry may be about 2.55 billion euros. The contribution of this field to the total growth value is 65.438+0.2 billion euros, accounting for 654.38+0.5% of GVA. In February, 2020, PricewaterhouseCoopers, an auditing company in Malta, conducted a public opinion survey on 450 local people 18 years old or older living in Malta. Among them, 73% of the respondents were Maltese and 27% were foreigners living in Malta. According to the survey data, 58% of the respondents indicated that they planned to buy real estate in novel coronavirus even under the economic pressure.