By Mike Raybone FCIM FIDM, Mortgage Brain

Mike Raybone Chartered Marketer

Tuesday, 10 May 2011

VCI launches lending in Malta

As the property market in Malta starts to show signs of recovery Viva Costa International (VCI) are pleased to announce lending products for the Maltese market.

The Central Bank in Malta has reported that the average price of a property has appreciated by 1.5% during the last quarter of 2010. The government is also looking to attract more wealthy individuals to the island by introducing a new lower tax rate of 15% for those earning just under €70,000, this coupled with an increase in the number of building permits being issued suggest a greater confidence in the Maltese property market.

If you have clients looking to purchase property in Malta, VCI can provide you with a decision in principle before they visit the country, ensuring your clients know what maximum loan and purchase price is available to them.

Click here to visit the Viva Costa International website.

Mike Raybone
Chartered Marketer and emarketing specialist

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