The team at propertymarket.com.mt wanted to know what their users think about Malta’s Property Market and carried out an online survey to find out more.
The results revealed that 55% of participants are already home owners with another 48% intending to buy a property within the next three years.
When asked for their opinion on property prices, the majority (64%) of users agreed that prices are too high. Only 10% think prices are reasonable and no one thought they were low.
There is high expectancy for a rise in property prices over the next three years with 30% saying they think prices will increase dramatically and another 35% think they will increase by a bit. Not everyone holds this sentiment though as 14% think that prices will crash and a further 9% think they will decrease.
Users were also asked what they thought about investing in a property to rent and the results show that 52% thought that it was wise investment, 43% were not sure and only 5% thought it was not a good investment.
To see the full report, you can visit http://www.propertymarket.com.mt/what-do-you-think/
