Buying real estate in Malta is a smart investment that will pay off fast. The island created a comfortable environment for anyone who is ready to invest in housing. The country is interested in attracting investors, so it sets minimum requirements. It is enough to be of legal age and to confirm the source of your income. This is the basis for application.
It is realistic to get Malta Permanent Residence. It immediately raises a logical question: which city is worth settling in. Yes, the country is small, but living conditions may vary slightly from settlement to settlement. Among the best cities to invest in property in Malta:
- Sliema;
- Gzira;
- Valletta.
However, as noted by the expert of Immigrant Invest Zlata Erlach, the country has many other interesting places, which should also pay attention.
The most attractive cities to buy property in Malta
So, first of all, we can name Sliema. This settlement is considered the best for new residents. There are many tourist attractions, well-developed trade. Because of this, living in a city like this will be 100% comfortable and convenient.
Also, an excellent choice would be St. Julian’s. This is the center of nightlife on the island. There are a lot of bars, gaming arenas, and in general, there is an atmosphere of celebration and relaxed life. This place is considered one of the best for real estate investments in Malta. This location is often chosen by young people to move.
Another cool and popular place is Gzira. The city combines perfectly thought-out infrastructure and beautiful scenery. It has everything for a comfortable long-term stay. An additional advantage is a pleasant climate. Lovers of warmth will certainly appreciate Gzira and want to stay here for a longer period of time.
Is it worth buying property in Malta’s capital?
Many people choose as their place of residence the capital of the island – Valletta. Despite its status, it is quite a small town. However, it has a lot of attractions and ancient monuments. So it is not surprising that Valletta is included in the list of World Heritage Sites. There are a lot of old buildings. However, thanks to their quality and professional reconstruction, they are well preserved. At the same time, all buildings convey the ancient history of this island.
In the capital, there are not many businesses, so there is a quiet and measured pace of life. This is one of the best cities to buy real estate in Malta. Yes, the prices of housing here may be a little higher than in other parts of the country, but it is worth it. If you appreciate quality service and access to all modern amenities, a move to Valletta is a good decision.
Other interesting places to move to Malta
Connoisseurs of history and ancient architecture will surely like such cities as Senglea, Cospicua, and Vittoriosa. It is in these settlements that the best preserved ancient architecture of the island is preserved. There are many museums, churches and other historical sites. But not only the past lives in these cities. Now there is a developed infrastructure, a lot of institutions. Cities attract many tourists. Here, you can comfortably stay for a few months. On the island, there is a pleasant climate, warm weather. Local residents are waiting for quality service and maintenance.
Speaking of places to move to, of course, you can not ignore such a city as Mdina. Every year, it attracts 75,000,000 visitors from all over the world. Here, you can see many monuments of ancient architecture. And they are made in different styles, from Norman to Baroque.
Many monuments have recently undergone a comprehensive restoration, so they look good and allow you to fully appreciate all the beauty of ancient architecture. If you want to buy real estate in Malta, then pay attention to Mdina. Yes, the cost of some apartments will be higher than in other cities, but also the standard of living here is completely different.
Moving to small fishing villages
For those who are tired of the bustle of city life, Malta is also a good choice. Here you can lead a quiet and measured life in small settlements. Moreover, buying property in Malta in fishing villages can be relatively inexpensive.
Among the most trendy places to move can be included:
1. Marszalloch
There are many restaurants, where you can easily taste the most delicious seafood. Also, lovers of leisure will certainly enjoy the local beach. It is clean and comfortable.
2. Mellicha
It is no coincidence that these are the most expensive villas in the country. Here is a comfortable and measured way of life. Those who like calm and quality rest are sure to appreciate this place.
3. Gozo
Another small island, which attracts tourists, and will please those who are used to appreciating the comfort and convenience. Here you can see different types of real estate: from small houses to townhouses. Among such a list for sure you will be able to choose a suitable one.
So, choose your future place of residence in Malta among these and other options. In any case, you will be guaranteed access to quality services. Here are relatively low prices, which, combined with a pleasant climate, make a permanent residence on the island a rational decision.
Also read: How to Come Out on Top of Your First Real Estate Negotiation
