Special Designated areas are known as SDA, S in Malta are luxury real estate 5-star developments. These normally include residential, commercial office space, underlying parking facilities, a shopping mall, hotels and restaurants and even private marinas for your boat. These are an unbelievable luxury lifestyle projects afforded by a very few. For a complete list of SDA S in Malta and Gozo please click to page https://jeromeestateagency.com/life-style-areas/
Any local, European and non-European citizens are able to purchase, rent and sell as many properties or commercial spaces as they like for speculation. The added advantage is that since Malta has attracted thousands of international high net worth individuals this suits the bill completely. Also, there are restrictions on buying properties in non-SDA areas and paperwork.
These projects are a huge success with investors doubling their money every 10 years besides the possibility of achieving rents of up to 12,000 euros monthly or 8 per cent return on commercial spaces. Normally they are always sold out before completion.
We highly recommend you get in touch with one of our team for an appointment to view some of these stunning properties.