![]() ![]() ![]() Rest assured that when it comes to buying property in Malta, we will aid you in finding the right home and community that is the perfect fit for you. This is why our selection of prestigious listings across the island is expanding daily and includes a wide variety to suit any discerning taste. We are aware that careful consideration needs to be taken when you decide to buy property in Malta. This is why we are proud to present our distinct portfolio of luxurious properties for sale in Malta, the gem of the Mediterranean. We realise that a home is much more than a place to live - it is a sanctuary from where we build families and dreams. That is why we at Malta Sotheby’s International realty understand the importance of finding a home that not only suits your needs but suits your vision for the future – a place that facilitates comfort, creativity, and familiarity. Just from the sort of people who purchase and rent in the city, I know there would be good demand for premium brands and would be successful on the high street.Your home reflects who you are, a place where you can centre yourself before the busy day ahead, a space to anchor yourself and unwind after a long week. “If we can improve the offering, I think there is a big demand for high-end products as well. He admitted that a decade ago, he used to dread going into Valletta, but now that it has been given a facelift and so many buildings have been restored and preserved, it has undoubtedly become a pleasure.Īsked for his vision for the future, Mr Spiteri Paris said that he hopes to see the city preserved in its current glory, but perhaps that is better served by certain amenities and higher-end brands. You get people who could afford to live anywhere in the world, but they come to Valletta and fall in love.” “As a company, we deal with mid to high end of the market too, so we have rented and sold some of the nicest properties there. Mr Spiteri Paris again stressed that Valletta “will always remain an excellent investment”, adding that “it will be preserved and is one of the nicest cities in Europe”. “Valletta’s architecture is what makes it so unique as a market, and what makes it a good investment in the long term.” He also remarked that even gaming companies have started to take interest, referring to one particular client who felt that the modern iGaming offices found outside of Valletta today can feel rather clinical. He shared that some foreign investors and companies visit the city and fall in love, which leads them to request office space or commercial space in the capital. Mr Spiteri Paris added however that despite this challenge, he acknowledged that it is ultimately a “good thing” to have limited stock in Valletta, since in his view, the long-term goal should be to preserve the capital and not develop it. “The frustration comes when considering the limited supply,” he added. Valletta has evolved into a micro-market, where people come specifically for the city, be it to live or work. Now we have a dramatic increase in demand for residential property. ![]() “It is a prestigious address so the demand for commercial real estate makes sense. He said that the agency often received inquiries about retail or office space, but now, this has evolved to include rapid demand for residential properties in the city, both from a sales and a rental perspective. On the demand side, he shared that years ago it was only commercial real estate that people were interested in. Today, they have vanished and turned into Planning Authority permits thanks to the investment flowing in”, he remarked. “When I first started working in real estate in Valletta 12 years ago, you would only ever see ‘for sale’ signs all around. ![]() Mr Spiteri Paris shared that his estate agency largely deals with mid to high range properties in the capital, and that demand for all levels of property has exploded in recent years. Viewed as the touristic, cultural and administration hub of Malta, the capital is also important to the local business community.ĭiscussing the importance of Valletta’s continued development to Malta as a whole, Robert Spiteri Paris, Managing Director of Perry Estate Agents took part in Thursday morning’s session of The Boardroom, aired live on WhosWho.mt’s Facebook page and presented by business writer Jo Caruana. Valletta has undoubtedly changed dramatically over the past decade. ![]()
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