Over the last few years Malta and its property market have registered a tremendous increase in interest from the Scandinavian countries, particularly from Sweden. This is in part thanks to ongoing initiatives and promotions undertaken by Frank Salt Real Estate and a number of other local real estate agencies to promote Malta’s attraction to foreign nationals.
Frank Salt Real Estate has been a pioneer in investing in this market and 2010 has been no exception, with the company already participating in two national property exhibitions and a number of seminars in Stockholm and in Gothenburg, entitled Living Abroad. These property fairs are two of the largest and most followed exhibitions in Sweden and attract over 7,000 visitors from all over the nation, as well as from neighbouring countries, such as Finland, Norway and Denmark. The exhibitions were attended by Douglas Salt, Company Director and George Vassallo, Branch manager for the Sliema branch, together with EMD Advocates and Frank Salt Real Estate’s Swedish representatives.
“More initiatives targeting the Swedish market are in the pipeline, including participation in other property exhibition, hosting of journalists and celebrities, as well as the holding of a road show across the country. However, Frank Salt Real Estate’s foreign investment does not stop at Sweden said Douglas Salt, upon his return from Gothenburg, “the response that Malta is receiving from the international market has seen a steady increase over the last 6 months”
“We are seeing the first signs of the recovery of the international economical situation, added Joseph Lupi, Managing Director, “and we are fully geared to maximise this opportunity and promote Maltese properties in promising markets. In fact for 2010 we are planning to attend over 10 property exhibitions, with an investment running into tens of thousands of Euros.”