MALTA PROPERTY GOES EURO

Malta rarely gets the kind of attention from property investors and headline writers of some of the more ‘sexy’ areas of the World - yet it has seen capital growth rates of 15-16% in the past 2-3 years and has a 50 year trend of over 8%.

In January 2008, Malta and its sister island Gozo, join the Euro. This together with other trends points to a further year of double digit growth in 2007. At a time when political stability is beginning to command a premium, property in Malta may again prove its attraction for foreign buyers.

Grahame Salt Director of award winning Maltese Estate Agency Frank Salt Real Estate said,

‘Over 30% of our total sales each year are to overseas buyers. It used to be mainly British people who purchased property in Malta, but increasingly the rest of Europe and Scandinavia are discovering the attractions of Malta as a place to invest.

The friendliness of its people, its political stability and sound property laws are all factors in its success. In January 2008, Malta joins the Euro. This will make it easier and cheaper for foreign investors to purchase both domestic and commercial property. With easy access to both the Italian mainland also North Africa and with excellent language skills, Malta is well placed to exploit such demand."

Frank Salt Real Estate will be exhibiting at ‘The Place in the Sun Live Exhibition’ at the National Exhibition Centre in Birmingham, between 29th September and 1st October 2006. The Company will be exhibiting on stand R6.

ENDS
Representing Frank Salt will be Director, Grahame Salt.

They will be joined by Ray Woods of www.maltabuyproperty.co.uk who represents Frank Salt in the UK and who provides free informal advice and guidance to potential buyers.

They have over 5,000 new and resale properties to buy and let, on their database.

A limited number of tickets are available for visiting journalists and for promotional purposes.

For further property information, go to www.franksalt.com.mt and www.maltabuyproperty.co.uk.
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Issued by Ray Woods on behalf of Frank Salt Real Estate and www.maltabuyproperty.co.uk.
Contacts: Vanessa Lupi, Marketing and PR Manager, Frank Salt Real Estate/
Grahame Salt, Director Frank Salt Real Estate Tel: 00 356 21 353696.
and Ray Woods, owner of www.maltabuyproperty.co.uk. Tel: 0044 (0) 7967686230

Jpegs and sample property details are available on request.