Wednesday April 1, 2020

Malta’s property market remains bright

Savvy overseas buyers should consider Malta as a worthwhile investment option, writes Gordon Miller

21st March, 2009

Few countries can claim they have been unaffected by the global credit crunch. But Malta, a small island nation lying 93 kilometres from Sicily in the southern Mediterranean, is perhaps faring better than most. The Maltese government reported GDP growth of 2.2 per cent in 2008 and unemployment levels stand at 4 per cent, slightly down on the corresponding period last year.

Major economic drivers propelling the local economy are an investment in IT - the €175 million development...

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