K and European investors a double digit property inflation
looking for high growth in figure for Malta is quite
2007 are hoping for a possible for 2007.
repeat of the property inflation
seen in Malta when it joined the 'Cheap airline destinations have
EU in 2004, and it could become proved to be a magnet for UK
reality with the news that low property investors, and if that
cost airlines are to fly to the trend continues then prices will
island, giving their real estate go up in the next twelve to
industry expectation that 2007 twenty four months', they say.
could be an exceptional year for
price rises and sales. 'Other than the local market, the
UK provides most buyers for
In recent years the arrival of property in Malta, and with the
low cost - sometimes referred to British economy doing well it's
as 'no frills' - airlines to a quite possible that the island
regional airport has seen will be seen as a good investment
property prices within a two hour opportunity'.
drive escalate in popularity and
price, especially among British Malta Weather
buyers for France and Spain.
Tribune Properties, a UK company
With the advent of these new specialising in Malta properties,
flights to Malta, there is a agree that property prices could
possibility that demand for real rise in 2007.
estate in Malta will increase.
'With lower fares, Malta becomes
Commenting on the news, Malta a destination viable for 3 and 4
holidays guide days trips a few times a year
http://www.yourmalta.com say that from the UK, and that will
attract buyers to look at Malta Mediterranean, or 1970's Spain
in the same way they do France where development spoiled much of
and Spain when considering where the coast.'
to buy a holiday home abroad. The
weather in Malta and low fares Concern has also been expressed
could be a magnet for buyers.' on the island about the
infrastructure, with some
There is a warning however from tourists and potential property
YourMalta that property prices on investors berating the state of
the island might not necessarily the roads and - compared to
escalate in the same way that mainland European and UK
regions of France have seen when standards - dangerous
low cost airlines have started construction sites.
flying to their region.
'The real winners from the low
'The Malta government has allowed cost flights could be the Malta
more land to be used for hotels rather than the property
property, and we anticipate a lot industry', conclude YourMalta.
more apartment blocks being built 'We envisage a lot more people
short and medium term. Supply taking short three and four day
might well meet demand. Unless Malta holidays, often booking
the political map of Malta their flights and hotels on the
changes and with it a change of internet rather than via a
policy towards her environment, traditional high street travel
there is a danger of Malta agent store'.
becoming the Tower Hamlets of the
About the Author:
Malta hotel and holiday guide http://www.yourmalta.com includes Malta flights and Malta holidays Property Malta information is available at maltaproperty.info
Read more articles by:
Roger Munns
Article Source: www.iSnare.com 
