All Posts in Category: News

Green building 2020

The Green Buildings 2020 Conference

Last month, Island Properties attended the Green Buildings 2020 conference. The ‘2020 package‘ discussed includes a set of required legislation in order to ensure that the EU nations meet their climate and energy targets for the year 2020. Within this ‘package’ are three key targets: 20% cut in greenhouse gas emissions, from those of 1990…

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2019 budget

The 2019 Budget at a Glance

What does the 2019 budget have to say about property owners, first-time buyers, social housing and white paper on property? Fred Grech describes and summarises the statements. Those concerned about missing out on the first- or second-time buyers’ scheme will be revealed to hear that they have again been extended to cover 2019. First time…

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cityscape global malta island properties

Island Properties at Cityscape Global 2018

Between 2-4th October 2018, Island Properties proudly formed a part of the vast number of participants at The Cityscape Global Conference at the Dubai World Trade Center, UAE. Cityscape Global is internationally acclaimed for being the largest and most influential real estate investment and development event for emerging markets. Together with a broad variety of…

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malta beats hong kong property market

Malta beats Hong Kong in Global Home-Price Gains

According to a Knight Frank LLP Global House Price Index on the June quarter, Malta beats Hong Kong as the territory or country with the highest residential price gains. The study tracked price movements in the property market among 57 countries and compared data from the same quarter in 2017. Housing prices in Malta rose…

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New Scheme for Social Housing Residents

New Scheme for Social Housing Residents

Elderly residents who live in social housing can now obtain a 20% discount on nursing home costs with the new government scheme. A new, voluntary scheme launched last Monday stated that social housing residents who choose to return their home to the state when moving into a nursing home will receive a 20% discount. Residents…

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hsbc home loans malta

HSBC Supporting the Local Property Market

Last February, Island Properties was invited to attend a networking event for real estate agents at the Hilton’s Spinola Suite, organised by HSBC. HSBC’s Head of Retail Banking and Wealth Management, Daniel Robinson, stated that HSBC will continue to offer its continuous support to Malta’s real estate market by providing a competitive range of home loans. It was also…

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Estate Agents Section

Island Properties joins the Estate Agents Section

What is the Estate Agents Section? Last February, Island Properties joined a team of around 70 other local estate agent offices to form the Estate Agents Section (EAS) within the Malta Developers’ Association (MDA). This new division, formed by the MDA, aims to bring together all those who operate an estate, letting or managerial agency…

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Introduction of Property Restoration Grant

”Nikru biex Nassistu” (Rent & Aid) Property Scheme The introduction of a new property restoration grant has been issued by the Malta Housing Authority, with scheme involving the restoration of unused and abandoned buildings. Housing Parliamentary Secretary Roderick Galdes spoke about how this scheme will encourage property owners, that own such properties, to work on their…

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Bank Of Valletta BOV

BOV Home Assist

BOV Home Assist New ‘BOV Home Assist’ loan scheme to further increase the number of eligible applicants. The Parliamentary Secretariat for Social Accommodation in conjunction with Bank of Valletta (BOV) have launched an affordable home loan scheme, the second of its kind after APS launched a similar one in April 2017. This Scheme was set…

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Restoration of Properties in Malta Banner

Restoration of Properties in Malta

The Maltese Government has put into action the scheme set out by the Ministry of Justice & Local Government, to restore various properties around the Maltese islands. Local Councils were asked to propose sites in need of restoration, of which they produced 25 different sites. Out of these 25 submissions, 6 of them have been…

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