NEWS & BLOG

Real estate industry regulation moved a step closer to reality recently, when the Real Estate Agents, Property Brokers and Property Consultants Act 2019 reached its final consultation phase reports Times of Malta.  The Act has been designed to establish a regulatory framework requiring real estate agents, branch managers, property consultants and...

Other questions remain unanswered. Was all money derived from the 132% increase declared? Are the authorities working to ensure that all taxes are being paid and that all regulations are being followed? Statistics released this week indicate that the sky-rocketing of rental prices represents a double-edged sword for the Maltese economy. On one han...

More people are opting to buy the products they need second hand from private sellers.  Private sales sites are gaining in popularity as they have made private selling and buying easy to carry out.   Should we decide to purchase something from an individual who is not a professional seller, we should be aware that the protection provided...

The owner of a property in Malta who rents it out can expect a return on their investment of 6.64%, according to research carried out by payment services provider WorldFirst. The European Buy-To-Let League table found that Ireland gives the best return, (7.08%), for the second year running. But Malta has leapfrogged from 8th place to second. The&n...

Central Bank experts have measured what would happen when property prices fall, dropping the value of collateral that accompanies loans, as well as a corresponding increase in defaulters – or non-performing loans Matthew Vella   17 August 2017, 9:35am         Business is booming in Malta&rsquo...

We all have a relative who is always unplugging appliances and switching off unused plugs to ‘save the planet’. Of course, doing our bit for the environment is a duty we should not shy away from. But perhaps if we really want to make a difference our time is better spent attending clean-up campaigns. Myth #1: Do unused plug sockets use ele...

The First Hall of the Civil Court held that the tenant of any rented property has a legal obligation to take care of that property, as a father takes care of his family, and is to pay for all damages caused. This was decided by Ms Justice Anna Felice on 10 January, 2017 in Eman Pace -v- Daham Al Hamad. In his application, Pace explained that in Decem...