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Malta – the world’s fastest growing property market
Its been a record-breaking couple of weeks for Malta. On the 11th September 2018, the highly respected international estate agent, Knight Frank published their ‘Global House Price Index Q2 2018‘ in which they stated that the “Mediterranean island of Malta has moved ahead of Hong Kong this quarter to take the lead in our Global House Price rankings” with an increase of 17% on the same period last year. This means that Malta is effectively the “world’s fastest-growing property market” and it is the first time that Malta has lead the way globally in the housing market. These impressive figures were cited as being the result of “supply constraints, combined with a robust economy (6.6% GDP growth in 2017) and a buoyant technology industry” that is driving demand. These results are all the more remarkable as many of the 57 countries featured in the report are collectively experiencing a slowdown in their real estate markets, especially over the last six months or so, whilst Malta continues to “buck the trend”.
Download the full report here >> https://bit.ly/2pHerfT
Malta also ranked second in a new report by ‘Live & Invest Overseas‘ in their annual search to find the “worlds best place to retire in 2018”. This comprehensive investigation examined 30 countries globally, judging them on a variety of criteria including the cost of living, healthcare, infrastructure, crime, taxes, climate and expat communities to name just a few. Valletta and Malta scored highly across these categories and resulted in an impressive A score with only the Algarve in Portugal receiving a better rating.
Download the full report here >> https://bit.ly/2v2PAqc
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