UK and European investors looking for high growth in 2007 are hoping for a repeat of the property inflation seen in Malta when it joined the EU in 2004, and it could become reality with the news that low cost airlines are to fly to the island, giving their real estate industry expectation that 2007 could be an exceptional year for price rises and sales.
In recent years the arrival of low cost – sometimes referred to as 'no frills' – airlines to a regional airport has seen property prices within a two hour drive escalate in popularity and price, especially among British buyers for France and Spain.
With the advent of these new flights to Malta, there is a possibility that demand for real estate in Malta will increase.
Commenting on the news, Malta holidays guide http://www.yourmalta.com say that a double digit property inflation figure for Malta is quite possible for 2007.
'Cheap airline destinations have proved to be a magnet for UK property investors, and if that trend continues then prices will go up in the next twelve to twenty four months', they say.
'Other than the local market, the UK provides most buyers for property in Malta, and with the British economy doing well it's quite possible that the island will be seen as a good investment opportunity'.
Malta Weather
Tribune Properties, a UK company specialising in Malta properties, agree that property prices could rise in 2007.
'With lower fares, Malta becomes a destination viable for 3 and 4 days trips a few times a year from the UK, and that will attract buyers to look at Malta in the same way they do France and Spain when considering where to buy a holiday home abroad. The weather in Malta and low fares could be a magnet for buyers.'
There is a warning however from YourMalta that property prices on the island might not necessarily escalate in the same way that regions of France have seen when low cost airlines have started flying to their region.
'The Malta government has allowed more land to be used for property, and we anticipate a lot more apartment blocks being built short and medium term. Supply might well meet demand. Unless the political map of Malta changes and with it a change of policy towards her environment, there is a danger of Malta becoming the Tower Hamlets of the Mediterranean, or 1970's Spain where development spoiled much of the coast.'
Concern has also been expressed on the island about the infrastructure, with some tourists and potential property investors berating the state of the roads and – compared to mainland European and UK standards – dangerous construction sites.
'The real winners from the low cost flights could be the Malta hotels rather than the property industry', conclude YourMalta. 'We envisage a lot more people taking short three and four day Malta holidays, often booking their flights and hotels on the internet rather than via a traditional high street travel agent store'.
Related Articles
Malta Flies High
By: Roger Munns | 22/09/2006 | Travel
The Mediterranean has many tourist attractions, and the annual Malta Air Show is one of the best, with participants including the RAF and the USAF displaying F-16's and Tornados.
Malta holidays will enjoy a late season boost.
Malta Heads For 2007 Real Estate Hot Spot
By: Roger Munns | 29/09/2006 | Non-Fiction
Low cost airlines are set to fly to the Mediterranean island of Malta and the arrival of a low cost airline often means an increase in property prices within driving distance of a regional airport.
Investors are looking at the Malta property market to see if they should invest on island.
Property Price Gains Attract New Buyers to Malta
By: Roger Munns | 18/10/2006 | Real Estate
A sparkle in the eye and hopes of a good profit are seeing investors make their way to Malta.
They anticipate new low cost flights could help see double digit property inflation in 2007.
Malta Air Show 2007
By: Roger Munns | 06/03/2007 | Travel
The Maltese 2007 International Malta Air Show is set for the weekend of September 22 and 23 this year.
Some Malta residents have expressed worries at noise levels and public safety...
Non Arrival Sparks Malta Cheap Flight Worry
By: Roger Munns | 03/04/2007 | Flights
A no-frills airline claims no flight was scheduled recently for a flight that didn't arrive, while others claim it might have been cancelled due to a lack of passenegers.
The holiday island of Malta is hoping that cheap flights will produce an upswing in visitors for 2007, and concern has been expressed.
2007 Malta Air Show Scheduled for Autumn
By: Roger Munns | 10/04/2007 | Travel
With the sun setting on the holiday season, this year's 2007 International Malta Air Show is set for the weekend of September 22 and 23.
Some Malta residents have expressed concern at noise levels and public safety...
Malta Air Show September 23
By: Roger Munns | 24/08/2006 | Travel
The weekend of September 23 sees this year's Malta Air Show, and it promises to be the best ever, with participants including the RAF and the USAF displaying F-16's and Tornadoes.
It's a welcome boost for Malta's tourist industry in an otherwise difficult year...
Malta Air Show Boosts Hotel Bookings
By: Roger Munns | 01/09/2006 | Travel
The late summer annual Malta Air Show promises to be the best ever this year, with participants including the RAF and the USAF displaying F-16's and Tornados.
It's a welcome boost for Malta's tourist industry in an otherwise difficult year...
Got a Question? Ask.
Ask the community a question about this article:
Q&A Powered by:
Latest Advertising Articles
The Importance of Article Writing
By: venkateshiyer | 01/12/2008
Today there are many people doing jobs or business from home. On account of the present economic recession phase, unemployment has become a very common phenomenon. Getting jobs is very difficult. So obviously people have to look out for some mode of survival.Working from home or doing business online is becoming more and more popular. Some of them prefer doing online advertising whereas some prefer to do freelance writing.
Frank Islam Investment Group, Business Now - 2002 Complete
By: mark | 01/12/2008
Frank F. Islam is a successful entrepreneur and investor based in metropolitan Washington, DC. He is the Chairman/CEO of FI Investment Group LLC (FIIG), an investment firm he founded in 2007.
Free Background Check Resources and Quality Records Search
By: Auster Wright | 01/12/2008
Tools and resources in free background check search online include free police reports, online news archives, arrest information, and other sites where information about a particular person can be discovered. Free background check is one way to detect whether a person had committed crimes or other offences before.
Reward Your Employees With Promotional Christmas Items
By: Kevin J Smith | 01/12/2008
Any organization is incomplete without its employees. Throughout the year they work tirelessly to meet the deadlines, to achieve targets and to make sure that the organization progresses in every sense of the term. They are the building blocks of the organization or the company. In return all that they expect is love, respect, admiration and recognition for their efforts. The best way in which the company can give them their due is by presenting them with various promotional items during Christmas.
Vehicle Wrap Tutorial in 8 Simple Steps
By: Cliff Romeo | 01/12/2008
Need a tutorial to learn to install vehicle wraps? This article provides 8 simple steps to create a solid vehicle wrap. It breaks down the basic steps involved in applying vehicle wrap graphics.
Time to Fool Your Burglars
By: Parmod Kumar | 30/11/2008
Burglary and theft is very prominent in the whole world. In the FBI’s Uniform Crime Reporting (UCR) Program, property crime includes the offenses of burglary, larceny-theft, and motor vehicle theft. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims.
New Marketing Methods Should Only Add to Your Possibilities
By: Katie Marcus | 30/11/2008
What happened as soon as internet marketing started to become more and more prominent? People started wondering if the print market was going to be on the decline. Was this new form of marketing enough to replace the tried and true methods of poster printing, brochures or sending postcards through the mail?
Adsense is the Name of an Advertising Service That is Administered by Google!
By: Suman Sethi | 30/11/2008
Some of the very biggest buzz words on the internet right now are Adsense Blogging and Pinging. Many internet gurus claim these are the essentials for attracting visitors to your site and consequentially making those bucks through AdSense, you can check it out from.
More from Roger Munns
2009 Ski Holidays Face Meltdown
By: Roger Munns | 27/11/2008 | Travel
Of all the travel sectors likely to be hit hardest by the current economic crises, it has to be the ski holidays industry, according to British company International Property Tribune, who have fifteen travel sites including one for skiing.
'Recent surveys have shown that during the forthcoming economic downturn in Europe...
British Clouds Brighten Menorca
By: Roger Munns | 01/11/2008 | Travel
A number of world events have conspired to make this year not a particularly good one for the Mediterranean holiday island of Menorca, a favourite holidays destination for many European families.
The top reason for a drop in visitors is currencies - Menorca like the rest of Spain is part of...
Majorca Jewel Loses Shine
By: Roger Munns | 22/09/2008 | Destinations
For years Majorca has been the favourite destination for European holidaymakers, and has helped Spain to be the holiday country it is today.
But with the Euro strong against the pound, British tourists have been swapping Majorca for Turkey.
New Landmark For Monaco
By: Roger Munns | 03/09/2008 | Travel
Paris has the Eiffel Tower, and it has become an instantly recognisable symbol of the French capital - send a postcard from Paris with the Eiffel Tower on the front and the recepient will know where you have been visiting before even reading the card.
And now Monaco, the second smallest...
Credit Crunch Holds No Fears for 2008 Malta Holidays
By: Roger Munns | 22/07/2008 | Real Estate
Latest reports from Malta suggest that there could be a rise of as much as ten per cent in tourists this year.
If the reports are correct it's been an excellent year for the holiday island in the Mediterranean.
Andorra Real Estate Beating Recession
By: Roger Munns | 16/06/2008 | Real Estate
Europe's property prices are in freefall - but there are still areas that resist the economic downturn.
Andorra, Europe's second most popular tax haven, could see property prices rise this year.
Holiday Island Greets Super Cars
By: Roger Munns | 22/05/2008 | Destinations
Spain's Menorca has built her reputation as a holiday island on the island's strengths - peace and tranquility.
But they have welcomed the fastest cars and the drivers in the world...
The Last King of Spain?
By: Roger Munns | 10/04/2008 | News & Society
Spain's King Juan Carlos saved the country's democracy in its early post Franco days in the 1980's, and Spain blossomed as it became acceptable to take a holiday there.
But the royal family aren't as popular as they once were - could Juan Carlos be the last Spanish King?
Advertising 
