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Malta Real Estate Prices Soar

The Mediterranean island of Malta has recorded the strongest growth in property prices from countries in the European Union, and recent news could help see property inflation in double figures for the next few years.

Hotel Booking Figures released by the European Mortgage Federation show Malta's rise of over eighteen per cent was higher than both France and Spain.

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Travel Agency Two EU countries, Germany and Austria, saw house prices drop, while Portugal, Greece and the Netherlands were barely into positive territory.

The savings figure is based on an internal study comparing the price for travel for two passengers of booking a flight and hotel together using priceline.com's Vacation Packages to booking the same hotel and similar flight itinerary (same travel dates and origin and destination cities) separately on priceline.com. The Vacation Package price yielded a savings of up to $325 over the separate prices of the same hotel and similar flight itinerary.

Cheap Hotel And property insiders on the island are predicting that strong growth could be around for a few years yet, giving Malta the potential to be seen by investors as a good place to buy.

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Flight Booking Tribune Properties who specialise in property for sale in Malta report that the first quarter of 2006 has seen a good level of activity, with the top end of the market seeing particularly good performance levels.

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Travel Agent 'The first couple of weeks of January was slower than the same period last year' comments Michael Johnson, Tribune's Managing Director, 'but since then the number of sales has matched last year - a very good one - but villas with an asking price of a million Euros and more has seen increased activity, and a good number of sales'.

September 13, 2007 With the number of homes on the market up 19% from a year ago, buyers (finally) hold the best cards. To play them, start entertaining all the offers homebuilders and real estate agents are hurling your way. The Acorn Experts predict extent of local real estate drop Home sales in Ventura County continue to droop, and home prices are just beginning to sag, but exactly how long the real estate market will stagnate and how low prices will go is still a question mark according to to a speakers at last week's Ventura County Real Estate and Economic Outlook Conference ...

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Online Booking The independent information site for holidays and hotels in Malta http://www.yourmalta.com also report increased interest in their property pages compared to the first quarter of 2005, with the number of page views increasing by nearly a third.

Travel Health Insurance Sustained property inflation at levels seen in Malta are rarely seen in other countries, but new economic activity on the island could see property demand at good levels for some years to come.

Hotel Reservation A new 'Smart City' is planned which could see Malta competing with the rest of Europe as a business destination for internet and other high-tech companies. English is spoken fluently in Malta, and coupled with relatively low salaries locally it is hoped that inward investment and 5000 new jobs will help the Maltese economy which in turn will boost the property, hotel and holiday markets.

London Hotel Booking The tourist industry is vital to Malta's economy, and it is hoped that the arrival of low cost airlines providing new flights to Malta will benefit the Malta holidays industry as well as the many hotels in Malta.

Discount Travel If Malta can combine the attractions of a Mediterranean holiday island with a modern infrastructure and high tech friendly business in a low tax environment, today's property prices could look like a bargain in five years time.

Orlando Hotel The introduction of low cost flights to Malta from the UK will open up the possibility of more buyers looking at the island for holiday homes that could be used for long weekends, and the Malta hotels industry could reap the benefits of the 3 and 4 day tourist seeing the island as a viable place to visit.

Booking Agency Malta has traditionally seen the majority of her visitors from the UK, but this could be changing to a more diverse mix in future years.

International Travel Medical Last year saw a record number of visitors from Italy, and increased enquiries have been received at estate agents across the island from Scandanvia, Holland, France and Belgium, helping to increase the demand for Malta Properties.

New York Hotel After some years of wondering how Malta would fit into the modern world, property agents, hotel owners and the Malta holidays industry are beginning to see the future with some optimism.

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Travel Medical Insurance For Malta information and advice, including holidays in Malta, weather, map, real estate and property, car hire, flights and villa holidays visit http://www.yourmalta.com
For hotels in Malta including the Qawra Palace, Palm Court and others in Mellieha, Valletta, St Paul's Bay, Bugibba, Qawra, Sliema and St Julian's visit http://www.yourmalta.com/hotels

Miami Hotel For properties in Malta http://www.maltaproperty.info

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