Property prices on the Mediterranean island of Malta have risen again, and according to overseas property specialists Tribune Properties, there is no end in sight yet to any downturn in the market. Recent government figures showed a sixteen per cent rise in the year to March 2006. Tribune Properties say that the demand for property in Malta remains bouyant from the UK, US, Australian and European mainland markets, and predict a further ten per cent rise in the coming year. 'We normally see a drop off in enquiries a few months before any price levelling' explains Tribune's Managing Director Roger Munns, 'But demand for Malta this year is every bit as strong as 2005 and at the moment we can only see prices going one way in the short term at least - and that's up'. The View the rest of this article
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If you are looking online for property to buy property abroad and if you find the property that you actually like; it is a known fact that you should go to the country where you are planing property investment, because you don't want to end up in investing property abroad that turns out to be a real downer and in real bad condition, or even worse you could end up investing property abroad that ends up not even being there! So be sure to go there in person before you pay for the property, or if you are not able to go to the country where you are investing the property you could always have a family member or a friend that you trust with all the money to go and look at the property before you buy it, you could even ask him to take pictures of it or make a video of it for you so that you will be able to see for your own eyes.
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