When it comes to real estate, St Julian’s, Sliema and the Northern Inner Harbour area has for many years led the fields as one of the world’s most successful investment areas in recent years. The names Manuel Dimech Street, Tower Road and the rest of the Pieta/ Ta’ Xbiex/ Gzira/ Sliema/ St Julians Promenade, along with Spinola Bay, Balluta Bay and The Strand – just to mention some – are by now well-known by seasoned investors.
The Grand Harbour and neighbouring towns are also worth a mention, including Vittoriosa, Cospicua, Senglea, Kalkara, Valletta and Floriana. The above geographical ‘movement’ can also be attributed to the number of foreign companies and smart office spaces that are emerging in the areas, such as Smart City and Skyparks.
Thanks to a growing economy and with the influx of foreign nationals and expats taking up employment or setting up business in Malta, over the last decade the country has seen a surge of interest in rental properties.
Localities like Birkirkara, Naxxar and Balzan are also worth mentioning thanks to buzzing business districts like Central Business District (previously known as Mriehel) and the Swatar and San Gwann area.
For those who prefer a rental investment close to the seafront and tourist spots, should consider Marsascala, Marsaxlokk, St Paul’s Bay, Qawra and Mellieha – with their traditional seaside villages.
The financial considerations covering rental investments have also flourished. Why would one keep saved money in the bank or in a risky stock or fund, when they can be earning a 5% gross rental return on investment? Buy-To-Let properties take little management, give great returns and produce a steady cash flow for years and years to come. When also considering the current capital appreciation on the property averaging at 5% per annum, it has truly never been a better time to invest in Malta property.
At Frank Salt Real Estate, we have an excellent selection of rental investment properties, ranging from budget apartments to luxury villas and penthouses, that will not only make a great Buy-To-Let, but will also ensure strong capital appreciation. Start off by having a look at the following options, and for a vaster selection drop us an email and we will be happy to send you a more extensive list of rental investments.