A brief overview of Malta’s commercial property market, taken from The Construction Industry and Property Market Report 2022, researched by KPMG for the Malta Developers Association, with the support of the Property Malta Foundation.

On Monday 24th October, Malta’s Finance Minister Clyde Caruana, unveiled the government’s budget for 2023 with a pledge to invest €600 million to cushion increases in energy and cereal prices. Mostly focused on low-income earners, pensioners and workers battling to keep up with the rising cost of living, the budget also includes several positive measures […]

The world has changed. The effects of climate change are increasingly being felt, the COVID-19 pandemic has impacted every facet of our lives  and the Russia-Ukraine war is having consequences on Europe’s economy and further impacting on supply chains and costs. Meanwhile, the European Union is racing ahead with the implementation of the Green Deal, […]

In the second quarter of this year, Malta’s economic growth rose to 9%, making it the highest in the EU and more than twice the average, Prime Minister Robert Abela Tweeted. A statement by the National Statistics Office states that provisional estimates indicate that the Gross Domestic Product (GDP) for the second quarter of 2022 […]

The new minister for planning, Hon Stefan Zrinzo Azzopardi, outlines his priorities for the current legislature and gives an insight into his vision for the planning and construction sector in the coming few years.

Figures released by the National Statistics Office indicate the number of final deeds of sale in July 2022, relating to residential property amounted to 1,246, with a total value of €307.8 million, which is 2.4% higher than the corresponding value recorded in July last year. The NSO said that 1,122, or 90% of these final […]

Announcing the launch of the first national policy for yachting in Malta at The Malta Superyacht Symposium held in July, Transport Minister Aaron Farrugia, heralded Malta’s success in the sector, with more than 1000 superyachts now registered under the Malta maritime flag. Organised by the Malta Chamber of Commerce and the Malta Maritime Law Association, […]

During the first quarter of 2022, 609 building permits for a total of 3,203 new dwellings were approved. The number of approved new dwellings increased by 59.6 per cent when compared to the same quarter of the previous year.

After a hiatus of almost two years due to the pandemic, the biggest and most inclusive Olympic level sporting event, took place in Malta from the 13th to the 18th of May 2022, with Property Malta Foundation proudly supporting this international event as one of its main sponsors. Organized in partnership with the Government of […]

A number of schemes are in place to assist developers, property owners and buyers