Packed with insightful information, statistics and best practices related to the property sector, the first installment in a series of the bi-monthly publications, published by Property Malta in collaboration with Malta Today newspaper, is out now and can be downloaded here.
This series is intended to showcase some of the past work of the Foundation, give ongoing updates on current projects, and provide useful resources and advice to those who are generally interested in the real estate and property development sector.
This first edition of Property Malta Supplement contains contributions from the Parliamentary Secretary for Construction, Hon. Chris Agius and Property Malta Foundation Chairman Sandro Chetcuti, together with four informative articles themed around property as a prime investment.
There are also some very interesting statistics from the NSO on the sector’s economic contribution over the past seven years, and a detailed overview of the multiplier impact the industry has on various sectors of Malta’s economy. These can serve as an explanation to why the work of Property Malta is so important on a national level.
Michael Bonello, council member from the real estate agency sector and chief of the MDA Real Estate Section, sheds light on which properties are the most sought after by international buyers and in the news section, there is information on the recently launched International Property Fair Co-Funding Scheme for any Maltese operator in the property sector interested in the participation in international real estate events.
The publication also covers news that the government had accepted MDA chairman Sandro Chetcuti’s recommendation to extend the reduction on stamp duty incentive on the first €400,000 spent when buying a property. This scheme was supposed to end at the end of June but has now been extended to the end of the year.
For the second installment of this supplement to be published in August 2021, Property Malta is working on content themed around architectural design in building construction. This includes different design aspects related to buildings in Malta, the use of natural stone and merging of old and new techniques and materials including steel structures, which are becoming very much sought after, especially in larger sites.
The environment is the main theme of the third installment to be published in Autumn 2021. This will be an opportunity to promote environmental sustainability, insulation to reduce energy wastage, cooling and heating methods in old and new buildings, as well as a closer look at the popularity of solar panel installations. Other installment in this supplement’s series, will set forth information, insights and fresh statistics on various topics, such as footprint limitations, demographic shifts in society, first time and seasoned buyers, owning a second home for rent or own use and the cost of purchasing, building air spaces and the future of construction.
Property Malta takes this opportunity to thank Hon. Chris Agius, Chairman Sandro Chetcuti and all other
contributors who made this publication possible, it is hoped that readers will find this publication interesting as
much as it is informative. For feedback and/or more information, please write to [email protected].
Click here to download a PDF version of the Supplement (zipped file)
