Understanding the various class systems in relation to property and permits can be tricky. That’s why we’ve simplified the process. The following is an explanation of the 8 MEPA classes which came into play in 2014 and replaced the 1994 classes. These 8 classes are organised by category so as to make the information easier…
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Ask any Maltese person why living in Malta is so fantastic and they’ll easily name a couple of things off the top of their head. Our pride in our country is clearly evident and our reputation for being friendly, generous, and hospitable is a strong part of our national identity. However, is this just public…
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For a tiny speck in the Med, Malta is truly bursting with life- whether it’s the bustling cosmopolitan areas of Sliema and St.Julians, the baroque beauty of Valletta, or the boisterous village feasts, there truly is something for everyone. Each village in Malta is known for different customs and traditions, Marsaxlokk has its fish, Qormi…
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Property in Malta has always been an interesting indicator of changes within the country, and recent trends certainly show that there is a changing property landscape. Last week our team attended the debate held by EY at Xaghra Lodge where these changes were discussed in more detail and a better overview of the current situation…
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Top Expat Destination 2015 As per yearly tradition, InterNations, Expatriates Insider survey asked 14,400 Expats around the world about their life abroad. The results show that Ecuador tops the rankings, with Mexico occupying runners up spot. Malta was judged to be the third best place to live in with Singapore and Luxembourg ranked fourth and…
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There are many ways to make a fortune with property: Here’s the main ones: Investing in property is always incredibly flexible. No matter what your financial goals are, you should easily be able to choose a strategy that is right for you. The most common strategies are: Asset appreciation over time. Whether you’re looking…
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First time buyers scheme Once again, the Maltese government has extended the first time buyers scheme for a further 6 months. The scheme allows the buyer to a stamp duty exemption on the first €150,000 of the value of the immovable property. This scheme, first introduced in 2014, was meant to close in June 2015;…
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Bricks and mortar have always been one of the strongest investment classes, even more so when planning long term. Here’s why you should invest in property: Invest in Property – It’s safe (as houses) The well known phrase, ‘ safe as houses’ was coined for a reason, and it can’t be truer. According to…
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