In a year, Malta's real estate sales have doubled again, and it is still very popular!

Real estate sales have grown up sharply. In May 2021, the number of final sales contract related to housing has almost doubled, from 552 to 1158

The latest real estate sales statistics released by the Malta National Bureau of Statistics (NSO) show that in many interesting discoveries, people are buying more and more real estate in the northern part of the island. People are involved.

As the epidemic liberalized, traffic and pollution continued to increase. It can be seen that buyers are looking for some fresh air.

Real estate sales have grown up sharply, and the number of final sales contracts related to residential real estate has almost doubled. From 552 copies to 1,158 copies in May 2021, an increase of 606 from May 2020. As for the promise of residential properties, the increase was more significant, soaring from 511 last month to 1,478 copies, an increase of 967.

But in fact, especially this year, real estate sales in the northern part of the island and Gozo seem to have been growing rapidly. According to the data of NSO in May, the number of sales commitments in the Goso area was the largest, reaching 225, which was almost three times the sales commitment registered in May 2020. The sales commitments reached by Melha and Santa Paul Bay were nearly four times, reaching 169, while only 45 were registered in May 2020.

Last month, the second largest number of such protocols was żABBAR, XGħajra, żEjtun, Birżebbuġa, Massaskala and Massarlock -there were also a large number of rural areas -there were 182, and 67 registered in May 2020 2020 was 67 in May 2020 67 registered 67 indivual.

The least number of people is the Caton Ella area, with only 3 a year ago.

Other noticeable growth occurred in Bilkala, Gżira, Musida, Tax Bikis and Saint -Wann (from May 43, from 168 last month), and Pengbrock, Saint -Julian , Slimma, Sverch and GħArgħur, the sales commitments of these places have increased from 40 in May 2020 to 116 in May 2021.

A total of 1,478 copies related to residential properties related to residential property last month were registered, an increase of 967 copies from the same period last year. Potential buyers (family) account for 1351 or 91.4%, and the rest are mainly involved in the company.

The final deeds in the family in May were 193,000 euros on average

Last month, the number of residential buildings trading contracts was 1,158, an increase of 606 copies from the same period last year. The total value of these contracts is 319.5 billion euros, more than three times higher than the registered value registered in May 2020.

In the month described in this report, there were 1075, namely 92.8%of the final transaction contract involving individual buyers (families), and the rest were almost all companies.

The contract value of individual buyers (family) reached 208.2 million euros, equivalent to 65.2%of the total value.

In the first quarter of this year, from January to June, the number of potential buyers who signed sales commitments reached 3,674, while the first quarter of 2020 was 2,294. The corresponding value of 1,075 houses completed in May 2021 was 208.2 million euros, with an average house value of 193,674 euros.

regional

As far as regions are concerned, the final sales contracts of Goso, żABBAR, XGħajra, żEjtun, Birżebbuġa, Malzaskala and Marcala and Marcala are the highest, 170 and 158, respectively. The number of land leases registered in the Copenera region and Mudner, Ling, Labart, Mtarfa, and Mġarr are the least, 12 and 36 respectively.