Is Maltese real estate worth buying?

Malta's real estate appreciation performance in recent years is really excellent.

In 20 17, we saw a suite (5 bedrooms, 2 bathrooms, townhouse+garage, located near SmartCity), which I remember was about 260,000 euros. Now you really can't find a house with a garage with such a large normal area at this price. 20 18 and 20 19 were influenced by Britain's plan to leave the EU. Many British people who had settled in Malta for many years decided to sell their Maltese properties and move back to the UK. At that time, these British people sold a single property and made a net profit of 200,000 euros. The house that impressed me the most (3 floors, 6 rooms and 2 bathrooms, living room facing the super-large odz area, located in sangwann) was bought by British owners for more than 10 years ago at 10 million euros, and sold to real estate developers in Malta for more than 500 thousand euros, and brick apartment buildings were razed to the ground. Affected by the epidemic in 2020, it rose again this year, and it is reasonable for many people to be bullish.

The quality of real estate in Malta is very poor.

The reason why many Europeans can't start is that Malta's houses are of poor quality, without sound insulation or heat preservation, and the walls are moldy (don't think that new houses will not have these problems). The foundation and bearing capacity of high-rise apartments are worrying, and many underground garages are put into use in an unfinished state and will not be completed after use. Many old houses in Malta that sell for more than 200,000 euros are only worth tens of thousands of euros in other European Union countries. Some of them are dangerous houses in Germany and are not allowed to live. Therefore, when Europeans come to Malta to consider buying a house, it will inevitably be compared with the real estate situation in other EU countries. If we want to reach a more modern standard of living, we must spend a lot of money on renovation. Self-occupation is no problem. If it is only used for investment, it is necessary to calculate the value and rate of return.

Malta's real estate market is small and overall stable.

Malta is too big to have endless new houses and no room for an endless population. Young people in Malta still have to buy a house. Although Maltese are complaining about high housing prices, everyone is still struggling to buy or not. After all, it is just the need of local people. Foreign investors basically do not need loans, and their choices are more flexible. If they live in their own home, there is no need to be too entangled. "/zd/ym "