Covid-19 has been a pain in the backside, we can all agree on that. However do you know that in Malta, thanks to the pandemic, people seem to be moving to the North of Malta much more.

The outdoor opportunities that the Properties in that area offer, added with the price per square meter and the total area itself, people and younger people specifically seem to be turning their investments there.  

After a slow start to the first half of 2020, the housing market in the North seems to be gaining momentum. The last three months, compared to the first 6 months of this year, the property market in the north has seen an increase in Sales and our expectations are that it will keep increasing, especially because of the Government’s new budget incentives for properties that are in UCA areas. This also applies for properties that have been built for over 20 years and are vacant for more than 7 years and those new properties that are built in a style typical of traditional Maltese architecture. 

Town`s in Malta`s north have always been associated with the greener and bluer facets of local life. The North brings variety to the Maltese Real Estate market like country houses in Mgarr, Bahrija, Landrijiet, properties with unspoilt country views in Manikata, coastal villas in Mellieha and the seafront Apartments in Qawra.

The Northern part of Malta is home to properties for all sorts of buyers. We have affordable properties that suit first time buyers as well as high end villas/bungalows for those after a luxurious base on the island. The need and desirability of the estate market in the North continues to rise. 

Property prices in the north of Malta are still very affordable. The quality of living up north is a very attractive option . One finds properties of good value with outside space which are now very much sought after since the Pandemic. The North`s rural character has also served as a pull factor. 

When it comes to the Gozitan property market, it is healthy and has increased steadily over the past four decades, making it a good and smart investment. Gozo gets a lot of requests because people understand that it offers beautiful unspoiled surroundings, the best of Malta without the bustle, a fantastic lifestyle, and the property prices have remained comparatively cheaper than in Malta.

Our request rate is very high mainly because Gozo has prices that are extremely reasonable which the majority of people can afford. Since you get good value for your money, Gozo is a great place to purchase a property, with many benefits for the buyers and their families. 

Our agents specialize in all types of properties in the North of the island. They know this area very well as they live and breathe it. Belair Property in Mellieha has got one of the biggest property data bases the Northern has to offer on the island. With this property data comes a responsibility to do our utmost to provide our clients our personal expert advice which is something synonymous with the Belair brand.

Like our saying goes : We retain the best people, and we don’t strive to be the biggest, just the best. 

Belair Property Mellieha is currently hiring. If you are looking for a great lifestyle that offers you liberty and as much money as you can earn depending on the time and focused effort that you put in; then our team up North is for you.

The Northern regions of Malta offers you the space that helps free your mind from the everyday hustle and bustle. With our team in Mellieha you will not only have to deal with driving around clients where parking is hassle free, but you will receive the support and experience of our local team setup in a fantastic and spacious office. 

You will also get the backing, expertise, reputation and large Property portfolio that the whole company has to offer. 

Apply today!

Parti mis-sensiela ta’ filmati Property of the Month imħejjija minn Belair Property u Newsbook.com.mt

Jekk qed tfittex proprjetà tassew speċjali, din id-dar fin-Naxxar hija perfetta għalik.

Din it-townhouse f’wieħed mill-iktar irħula mfittxija ta’ Malta, ġiet mibdula f’dar tal-familja sabiħa u prattika.

Id-dar għandha numru kbir ta’ karatteristiċi oriġinali li jinkludu gallarija tradizzjonali Maltija, twieqi stil tradizzjonali li jingħalqu, u aperturi tipiċi kkundizzjonati mill-ġdid.

Fil-proprjetà nsibu kuritur imdaqqas, salott/kamra tal-ikel kbir, salott ieħor ta’ daqs żgħir, kċina/breakfast, kamra tal-banju u ġnien ta’ 70 metru kwadru bi spazju għal pixxina. L-ewwel sular bħalissa jospita tliet kmamar tas-sodda u kamra tal-banju, iżda jista’ faċilment jakkomoda wkoll kamra tal-banju ensuite. L-aħħar sular jinkludi kamra tal-ħasil u s-saqaf tiegħu stess.

Din hija tassew dar eċċezzjonali, bil-potenzjal li tagħmel bidliet kożmetiċi biex tkompli toħroġ il-karatteristiċi sbieħ tagħha. Garaxx għall-kera huwa disponibbli wkoll.

Aktar informazzjoni dwar l-appartament tista’ ssibha hawn. Click to view this Naxxar Property.

It-tim ta’ Belair huwa eqreb lejk minn qatt qabel – issa tista’ tkellem lill-aġenti ta’ Belair wiċċ imb wiċċ, mill-kumdità u s-sigurtà tad-dar tiegħek stess permezz ta’ Talk with Belair.

Dan l-episodju huwa parti minn sensiela tal-filmati Property of the Month, imħejjija minn Belair Property u Newsbook.com.mt, u saret possibbli permezz ta’ għotja minn Belair Property.

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Located a stone’s throw away from the luscious waters of Spinola Bay, this luxury fifth floor, designer-finished apartment forming part of this smart block is just the ticket if you have always wanted to live in the very heart of St Julian’s.

Within walking distance to all sorts of entertainment and amenities, whether its retail shops, supermarkets, cafes, restaurants, pubs, night clubs or enjoying the day at the beach side, this property has it all and is surrounded by hustling and bustling city life.

The property comprises a large open plan fully-equipped combined kitchen/dining area which leads onto a spacious terrace with a view of the sea… ideal for dining al fresco – perfect for those special Maltese balmy summer nights.

The super-spacious apartment also boasts a very large separate living/sitting area in the centre of the property which breaks off the corridor to the sleeping quarters.

The property – which originally had three double bedrooms – has been transformed into an extremely spacious two double bedroom (both with ensuite bathrooms) with the master suite enjoying a stunning large custom-made walk-in wardrobe.

A car space with storage cabinet is also included – a must for this locality!

More information about the apartment may be found here.

Bringing the Belair team closer to you than ever before – now you can speak to Belair agents face to face, from the comfort and safety of your own home with Talk with Belair.

Watch: A perfect Sliema seafront home of your very own ( Filming and editing by Sara Salfia - Newsbook )

Sliema is the ideal place to be if you want to be close to all amenities… and if you love the sea. And this superbly and tastefully finished, and fully furnished 260sqm seafront apartment not only enjoys a superb layout, but also boasts of a gorgeous sea view.

When you walk into this highly-finished elevated ground floor apartment you cannot help but be impressed with the spacious combined living room and dining room, with walkout onto a large front terrace ideal for dining al fresco.

The airy apartment also comprises a separate fully equipped kitchen with island, study area, three large double bedrooms (the main enjoying ensuite facilities and a walk-in-wardrobe) and an extra living space / reading area, as well as an extremely spacious back yard of approximately 50sqm ideal for entertaining and which can easily accommodate a splash pool.

The property has been recently refurbished from top to bottom with high-end products and furnishings from top quality brands and includes, concealed, energy efficient air-conditioning throughout, two bathrooms, solid internal doors and heavy-duty apertures.

It also boasts a fully-refurbished washroom at roof level and an optional street level two-car lock up garage (at an extra cost) with 13-course high ceilings just around the corner, with potential for commercial use.

According to Director at Belair Sliema Ltd Gavin Salomone Reynaud, this super property is suitable for an elderly couple downsizing and wanting the Sliema lifestyle with walks on the promenade and all facilities found at walking distance.

Walk With Belair’s Property of the Month is made possible by our collaboration with www.newsbook.com.mt

More info about the apartment may be found here. 

How has the Maltese property market been reacting to the Covid-19 pandemic?

by Ian Casolani

2020 has obviously been a surreal and challenging year for everyone, no matter what sector one works in, or walk of life they come from. Yet, when considering what Malta, as well as the rest of the world is passing through, the Maltese property market has surprisingly still fared relatively well, although buyers’ attitude and the overall trend has changed and is more reflective of what we have been going through. 

Whereas until mid-2019, buyers in general were picking up pretty much any property they could get their hands onto, often rushing into a purchase just to feel that they are playing the property game, this year that has changed significantly. The Maltese property market has been witnessing increased activity from end users and “real” home buyers. Those looking for a residence, have been taking advantage of the price corrections taking place, as well as the incentives and measures put in place by government earlier this year. Houses with outdoor space, as well as penthouses due to their large terraces, have probably witnessed more demand and activity than the rest of the market and this is primarily down to the fact that many have come to appreciate the value of outdoor space, after having lived through recent Covid restrictions and restricted lifestyle. 

Furthermore, buyers are now thankfully more attentive and diligent in their property search and purchase, which is unfortunately something you see much less of, when the market is booming. This indicates that buyers are monitoring the market more, they are aware of price corrections on property that fit within their search criteria and ensuring that they buy at the right price. The more experienced buyers will not rush into a decision if they are not convinced of the property value, while on the contrary they will typically be quicker to react, if they sense they have found the right buy.

The recent fiscal measures introduced by government, whereby one pays a lower stamp duty when purchasing and a lower tax rate when selling (on the first €400k), have seemed to achieve the desired effect. Those buyers waiting around or procrastinating on their property move, have now been encouraged to make things happen faster and likewise sellers who might have been sticking to their price or waiting for better times, have in some cases been encouraged to bite the bullet and take advantage of the lower tax rate on their sale. 

This pandemic has put many things into perspective and has opened people’s eyes to many realities that might have been taken for granted before. No matter what though, property will always remain the solid investment it is known to be, more so in Malta than anywhere else. Saying that, in an ideal world buyers will continue to be diligent and do their homework properly before buying, rather than rush into a deal simply to feel that they are also playing the game…..as sometimes happens!

Likewise, keen vendors need to acknowledge and often accept the reality of the market and more importantly the real value of their property, if they are really serious about selling. Those who do so and who price their property correctly, are the ones who ultimately sell their property within an acceptable time frame. On the other hand, those vendors who keep living in denial of this reality, are those that waste time and energy hoping for a sale, while anyway having to eventually succumb to the real value of their property.

The year or two ahead will be challenging across the board and this will ultimately also end up affecting the property market in one way or another. This does not simply boil down to Covid-19, but also down to other socio, political and economic issues. Like in anything else, this will differentiate the serious/professional players from those overnight, pop-up developers or agents. Unfortunately, those who possibly over-extended themselves in one way or other over recent years, are likely to be the worst hit, which in turn, however, will possibly provide opportunity to those who have forecasted this scenario a while back. That’s the way the world spins, it won’t be the first time and definitely not the last!

Click here to view this article in Oh My Malta!