Madliena Village was successfully re-launched last year by new UK owner Andrew Cross. With much interest generated in his 45 additional luxury apartments, and taking full account of the excellent feedback received in his first year’s selling, it encouraged him to launch innovative new schemes to make it easier for people to enter the Maltese property market and become Madliena Village residents.
“We started two years ago by first ensuring that current residents were content; then we continued to develop the Village and now we are launching new schemes to welcome new residents and thus better meet our customers’ requirements,” Mr Cross said.
Two innovative real estate products are being offered – the “Investment Opportunity Scheme” and the “Shared Ownership Scheme”.
This innovative scheme has been released for “buy-to-let” property investors who are being offered a rental return of “five per cent pa, guaranteed for five years” from purchase. All Madliena Village apartments can be purchased under this scheme. For immediate benefit, investors can buy any of the six three-bedroom apartments that are already fully finished. Investors who want to lock in their guaranteed returns into the future can purchase any of the 32 one, two or three bedroom “final phase” apartments that will be available from December 2008. Investors will not only earn some of the highest returns currently available on the financial market for their savings, but will also benefit from the highest property capital appreciation rates. Research shows that Madliena is the most sought after address in Malta, and with a very limited supply of new properties available in this district, the initial investment should be worth substantially more in five years’ time.
Shared Ownership is a scheme whereby a group of property buyers come together to purchase a single fully furnished, luxuriously equipped and professionally managed apartment. The Madliena Village Shared Ownership Scheme is proposing that up to 12 property buyers each buy their preferred month per apartment. Because Madliena Village has Special Designated Area status, any and all buyers can buy shares in more than one apartment, and of course can buy more than one month’s occupation rights. The Madliena Village Shared Ownership Scheme, working jointly with SQL Property as sole agents, operates in the same way if you and 11 members of your family and friends agreed to jointly purchase a Madliena Village apartment. But with today’s individual choice, the Madliena Village team recognises that it is unlikely that enough of your family and friends can afford to holiday like you in Malta for a month each year. So the scheme has been set up to find other like-minded buyers to form a joint buying club.
More information about the launched schemes and images of Madliena Village can be viewed on www.madlienavillage.com.