Busy Start to the year for Frank Salt Real Estate Overseas
One month into the new year, and Frank Salt Real Estate has already been actively waiving the Maltese flag in various countries, promoting the island’s allure for foreign nationals looking at taking up a property in Malta. Together with leading company Architecture Projects and EMD Advisory, the company has organised a Malta Day in Paris, with an overwhelming response in terms of interest and attendance. This was followed by a similar seminar in Warsaw in collaboration with Malta’s Ambassador in Poland, and participation in a major international property show in Stockholm, Sweden, and a number of activities targeting the British and Russian markets. More roadshows and seminars are expected to follow in the coming months.
Over the last few months, Malta and its property market have recorded a remarkable increase in interest from foreign nationals, who are eying Malta not only as a holiday home destination, but also as a secure and lucrative rental investment, as well as a residency and relocation option. The introduction of the Global Residence Programme in 2013, and the advent of the Individual Investment Programme is expected to augment the latter interest, and Frank Salt Real Estate is fully geared to assist foreign clients looking at purchasing or renting a property in Malta.
Following the seminar in Warsaw, the ambassador of Malta Mr Pierre Clive Agius, congratulated Frank Salt Real Estate (along with the other stake holders) for investing in the Polish market, a market which he described as full of potential and fast emerging as an important One in Europe. In his presentation, the ambassador differentiated between other European jurisdictions and Malta. He said that Malta is proud to be one of the very few places which was never put on any grey or black lists including the OECD , the ultimate standard in financial regulations which actually used Malta as an example for other jurisdictions. Ambassador Agius also explained the sound financial situation of Malta in comparison to other European countries.
‘We believe greatly in the potential of the foreign buyer and investor’ said Joseph Lupi, Managing Director for Frank Salt Real Estate, ‘With a total attendance of 7,000 visitors at the Stockholm exhibition and circa 200 persons at the various seminars across Europe, this confirms that Malta’s appeal is very positive. And with many European economies recovering from the international recession, they are now eager to broaden their horizons!
For more information about the Maltese islands and the property market one may call on +356 23 794 794 or by email at [email protected].