Rental Investment Opportunities
When it comes to real estate, St Julian’s and Sliema has for many years led the fields as one of the world’s most successful investment areas in recent years. The names Manuel Dimech Street, the Sliema Seafront, and property in the proximate areas of Spinola and Balluta Bays are by now well-known by seasoned investors, but many have now also turned their attention a little further north and south.
Thanks to a growing economy and with the influx of foreign nationals and expats taking up employment or setting up business in Malta, over the last decade the county has seen a surge of interest in rental properties. Many have seized this opportunity and invested in rental properties, and what started out in Sliema and neighboring towns, has now spread to cover most of the island. Localities like Swatar, Naxxar, Balzan, St Paul’s Bay and Mellieha are worth mentioning in the north.
The southern areas have also seen a fair share of interest. Whilst Marsascala and the traditional seaside villages have always been popular rental investment destinations, the interest has also spread more inland, also covering the Three Cities and the airport vicinities. The above geographical ‘movement’ can also be attributed to the number of foreign companies and smart office spaces that are emerging in the areas, such as Smart City in Kalkara, Skyparks on the airport grounds and the likes.
The financial considerations covering rental investments have also flourished. Why would one keep saved money in the bank or in a risky stock or fund, when they can be earning as much as 6% on a rental investment? Rental property investments take little management, give great returns and produce a steady cash flow for years and years to come. When also considering the current capital appreciation rate averaging at 5%, it has truly never been a better time to invest in property.
At Frank Salt Real Estate, we have an excellent selection of rental investment properties, ranging from budget apartments to luxury villas and penthouses, that will not only make a great buy-to-let, but will also ensure strong capital appreciation. Contact any of our branches to find out more.