The economy today is different to that from a few years ago. As it continues to change, our budgets also change. Taking out an insurance to cover the contents of your household may seem to be an extra payment we think we can do without, but we shouldn’t kid ourselves – home insurance should never be considered optional.

The average household continues to see bills rising, a trend that is showing no sign of slowing. Gas and electricity tariffs are also on the increase. A household’s fuel bill has increased by a good percentage over the past few years while food prices continue to spiral. On top of all these increases, a home insurance (more…)

It’s normal to be excited when buying real estate in Malta as this is not something you do every day. One may very well get carried away and purchase a property and realise later that they have overlooked the fact that the property had latent damages or hidden defects not visible to the layman’s eye, which could, a year down the line, turn your life completely upside down.

What you thought might have been a house you’d like to settle in for a substantial number of years turns out to be a property you may want to get rid of just after a few years. And what’s the cause for such a decision?

On purchasing a property, many – especially if they are first time buyers in Malta - fail to anticipate certain little defects that may turn out (more…)

In this day and age, many will agree that owning a property in Malta is the best investment.  It’s not always easy to take that giant leap to sell your first home and purchase another in order to improve on what you have.

The first thing highly likely to come to one’s mind is shooting up the price and increasing the property’s value in order to “save” having to take out another loan on top of an existing one.

It definitely doesn’t work that way. In fact, by doing so, you will find that you will be losing out big time in the long run. And I could safely state this from an experience I’ve lived myself.

Imagine this. You price your malta property at €100,000 but in actual fact your property is worth much less according to current market evaluations. You list your property with a string of malta real estate agents and every now and again you may get a knock at your door or a call to have your property viewed. (more…)