European Division | Malta
At the crossroad between West and East, North and South, Arab and Western Culture in the Centre of the Mediterranean, Malta is ideally situated to act as a commercial hub and stepping base for regional and continental expansion.
Malta is located about 96 km south of Italy and 290 km north of Libya. The capital city is Valletta where 77 Great Estates is located.
Malta and its two sister islands boast of pre historical monuments (predating the Egyptian pyramids) and other unique neolithic sites; its architecture dates from Roman to Norman times and from magnificent Baroque edifices to modern structures.
Malta's history is laced with the glorious story of the Order of the Knights' Hospitallers of St John. Based on its past European culture, Malta is now formally part of the E.U. (2004). With a strong sound economy (the present currency is Maltese Lira "Lm" to be eventually replaced with the Euro) and relatively high social standard of living, Malta enjoys clear blue seas, sun and beaches - sandy and otherwise - and an interesting typically Mediterranean countryside and cuisine.
Malta has an area of 246 square kilometres and a population of around 400,000. The Maltese are friendly and hospitable. Maltese, English and Italian are spoken fluently.
Vehicles drive on the left hand side of the road: public picturesque transport is available.
The Maltese real estate, with property enjoying beautiful sea and locally typically scenic views and surroundings, has proven to be an extremely sound and profitable business. Real estate prices have always steadily increased. It is expected that such an investment will retain and increase its value due to the island's limited space.
Courtesy of Carl Peralta, 77 Great Estates
