President Myriam Spiteri Debono met with the management of Property Malta Foundation which brings together representatives of developers, property agents and owners in Malta. During the meeting, the directors of the Foundation explained to the President the wide-ranging challenges faced by the construction industry and also gave their thoughts on how to tackle such difficulties. […]

Owners of prestigious classic cars from around the world, including from India, Japan, Germany and Italy, joined several Maltese classic car enthusiasts at The Valletta Concours 2024 in St George’s Square Valleta in the beginning of June.

A delegation of 26 professionals from Maltese property developers, estate agencies, financial services providers and legal consultants, joined some 30,000 delegates from over 90 countries at the MIPIM property event in Cannes, France from the 11th to the 15th of March.

Malta’s climate impact continues to grow but is still the lowest per-capita of all EU. According to data from the World Bank, Malta and Sweden register the EU’s lowest rate of emissions per capita.

With the objective of continually increasing standards within the construction industry, Kamra tal-Periti (KTP) President Andre Pizzuto and the Malta Developers Association (MDA) President Michael Stivala, agreed to set up the National Building Council, a joint platform to lobby the government.

The Malta Development Association announced that revenue generated from property market transactions reached €426 million last month, compared to €328 million in January 2023. The number of Promise of Sale agreements (konveni) also rose by 7%, from 1247 to 1460.

In the ever-expanding landscape of global mobility, Malta’s passport has emerged as a front-runner, securing a joint fifth position on the prestigious Henley Passport Index.

According to the luxury real estate consultancy JamesEdition, Malta, with an average price of a luxury waterfront three-bedroom property standing at around €635,000, ranked as more affordable than the United Arab Emirates, Canada and Montenegro, among others.

The Construction Industry and Property Market Report 2023 published by KPMG Malta, at Malta’s Property Market Outlook Conference 2023, provides a comprehensive overview of the current state of the construction industry and property market in Malta.

Organised by KPMG with the support of the Property Malta Foundation, Malta’s Property Market Outlook Conference 2023, gathered more than 600 developers, property investors, real estate agents, bankers, legal and architectural professionals, public policy makers and other stakeholders under one roof, to discuss the present realities of the property market in Malta and to chart a way forward for a better tomorrow.