News in Malta

Approved Buy To Let scheme
Belair Real Estate has launched an outstanding scheme designed for buy-to-let property investors by helping them secure the right investment.
The offer helps remove any uncertainty for those thinking of becoming a landlord, by providing over 40 years expertise in the real estate market, that they may be assured of a 5% gross rental yield on their investment. It also offers a further opportunity to those who are unsure where to invest their money, given the current global crisis and the dismal performance of worldwide financial markets.
The scheme, being termed the "Belair Approved Buy-to-Let Investment Scheme" aka "Belair Approved" is offered on carefully selected properties only. The selected portfolio of properties used in this scheme, have all been vetted and approved based on a vital combination of the following criteria:
- The right location (Belair's letting team is fully aware of the areas which appeal to rental clients and those that do not);
- High quality standard of finishing and furnishing
- The right market price.
- Rental figures used in all workings are realistic and achievable
Purchasers taking advantage of the scheme will work with Belair's experienced and recommended letting and sales associates. All advice offered in this regard is free of charge.
The market suggests that rental property in Malta remains buoyant. Also, recent research has shown that around two-thirds of buy-to-let investors said they were planning to expand their rental property portfolios, with confidence being boosted by an active market. Furthermore, people still regard property as a viable pension plan, and although the property market is not currently enjoying the growth we've seen in recent years, the right properties in the right location still hold their value and in time witness further growth.
Ian Casolani, sales and marketing director for Belair Real Estate, comments: "If you're thinking of getting into the buy-to-let market, then now is a great time to do so. Young people are moving out of home earlier and many move into rental accommodation before buying their first home, and a steady and ever increasing demand from expatriates also makes sure that the demand remains high. We have a good range of buy-to-let, investment properties in the right locations and now our "Belair approved" scheme ensures a good return on your investment.
For further information on the "Belair Approved" scheme, including full terms and conditions, and details of the range of buy-to-let properties currently available from Belair Real Estate, kindly contact Steven Borg on steve@belair-malta.com or by phone on 21340248 / 7909 5828. Alternatively visit one of our offices in Bisazza Street, Sliema or on the Strand in Gzira for more information.





