You’ve been dreaming of getting on the property ladder and now your time has finally come. Buying your first property is something of a rite of passage – certainly it is an accomplishment to arrive at this stage. We’ve outlined the process of buying your first property below, to help first time buyers understand the process. Budget It’s really important to understand your budget as a first step. This is because your budget will...
Thinking about a trip to the colourful island of Malta? There are so many things to do! We’ve narrowed it down to the top 6 activities that we think you should experience when visiting Malta. Harbour cruise As an island nation, Malta’s ties to the sea are immutable. When in Malta you have to experience the majestic Grand Harbour by boat. The spectacular fortified bastion walls of the capital give way to the iconic skyline, as you cruise...
Beyond the traditional elements that make Malta so popular with tourists, there are other many other aspects that draw people to Malta as a lifestyle destination. Here are 5 reasons to choose Malta as a place to live. A Sunny Outlook One thing that travellers and residents rave about is Malta’s spectacular weather – that’s an average of 300 sunny days per year! Summers in Malta are long and hot, making it the perfect place to...
In February of 2023, it was announced that the Portugal Golden Visa would come to an end. The Golden Visa program was introduced in Portugal back in 2012 and its objective was to attract foreign nationals to invest in Portuguese real estate in return for which they would be granted a Portugal residence permit. The decision to stop the Portugal Golden Visa was made in order to deal with the housing shortage in the country and increasing the...
Last saturday, Portuguese President Marcelo Rebelo de Sousa confirmed that he had enacted the controversial “More Housing” bill, which, among many other measures, contains the new rules for the Portuguese golden visa. The law will now be sent to Parliament and the government for signatures before it is finally published and the law takes effect within 4-8 days. Having already used his veto power to block the bill’s passage in the first...
Portugal Golden Visa - New Rules Introduced Portuguese President Marcelo Rebelo de Sousa has recently granted the “More Housing” bill, his seal of approval which has remained a subject of debate for quite some time. The law comprises some new regulations alongside those that are expected to modify the Portuguese Golden Visa Program. The “More Housing” bill will be carefully reviewed and signed by the Parliament and the government...
The Portugal Golden Visa programme was launched in October 2012, for non-EU citizens to acquire Portuguese residency by investing in the country. Portugal's affordable prices, excellent health and education systems, along with its well-built infrastructure makes it an excellent place to invest in for residency. However, the past few years have brought a housing crisis upon Portugal, to deal with which, a set of measures were introduced....
This year's Malta Budget has been announced! You can learn more on Malta Budget 2025 and its effect on the property market here. The Malta Budget 2024 has introduced a number of property benefits and incentives, as well as extending the ones approved in last year's Malta Budget 2023 and the previous Malta Budget 2022. Malta Budget 2024: Benefits for Property Purchases This year's Malta Budget 2024 sees most of the...
With this year's Malta Budget 2025, which was recently announced by the Maltese government, several property incentives have been extended and introduced to stimulate the real estate market. Stamp Duty Reduction Scheme The Stamp Duty Reduction Scheme for first-time and second-time buyers will remain in effect, with a reduced tax rate from 8% to 5% and a slashed stamp duty rate from 5% to 1.5% on the first €200,000 of...
The best kind of investment is one that gives you passive income. That’s why many people have taken a leap and invested in rental property. However, being a landlord comes with many responsibilities - marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions. Using the services of a rental management company can handle all these tasks, making life simple...
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