Mediterranean Malta
Ranked fourth most likely country to increase in importance in coming years after Dubai, Shanghai and Singapore by the Global Financial Centres Index and 15th in International Living’s Quality of Life Index, Malta is fast becoming the destination of choice for South Africans wanting to enjoy a swift, cost-effective, and relatively effortless means of gaining residency in a European Union (EU) member state, as well as taking advantage of the numerous international investment potentials, attractive tax benefits, and affordable property purchases.
Crusader Rock, based in Johannesburg, has established itself as leaders where it comes to facilitating and expediting Maltese residency applications for South Africans and providing advice upon property investment opportunities within the region. Managing Director, James Bowling says “With minimal assets and earnings; and no minimum length of stay required, foreign nationals are able to satisfy Maltese residency application criteria with relative ease. For those seeking to chase the sun year round, looking for a secure and low-tax investment destination or a foothold into Europe, this procedure certainly ticks many boxes”.
Since Malta’s entry into the EU, South African citizens awarded Maltese residency can enjoy visa-free entry in all countries falling within the Schengen Area. One of the application’s criteria is the purchase of a property. ‘We work closely with our partners in Malta to ensure applicants have full access to all property on sale in Malta. Amongst our portfolio we have 11 magnificent developments that we have partnered with to bring our exclusive Crusader Rock property special to market”.
One such development is Tigné Point, a unique residential address, designed by renowned Italian design firm Pininfarina, with a truly distinctive and Mediterranean character. Set against the stunning historical backdrop of Valletta's 16th century bastions, Tigné Point bridges the gap between the island's rich cultural heritage, and an altogether newer sense of luxury and sophistication.
Two hundred and forty high quality apartments hug the south shore, offering residents dramatic views, unrivalled landscaping and a calm environment of private gardens and courtyards. On the north side of the peninsula, facing the sea, are an additional 200 luxury apartments set against a bustling urban backdrop.
In every way, Tigné Point has been designed to achieve a perfect balance of living and leisure, from the expansive panorama of breath-taking views, which the terraces have been designed to maximize, down to the smallest details that embellish every residence.
Each individual and truly unique apartment comes finished to the highest exacting standards to provide the ultimate living environment. Contemporary architectural and forward-looking design combined with a sense of place and context to create an ambiance that is unequalled. An underlying car park, which services the whole development, ensures a pleasant, safe and fully pedestrian environment.
Rich and evocative landscaping form the heart of Tigné Point, blending exclusivity with functionality. Private gardens and separate entrances provide tranquility and privacy whilst incorporating all the comforts of communal dwelling. Public and private pathways and access points have been discreetly separated from each other, providing security and exclusivity without unduly isolating the residences from the rest of Tigné Point and the rest of the development’s attractions. A sports club with full amenities and a clubhouse will also be linked to the development.
The latest release, T10, forms an eagerly-awaited limited addition to this development and offers a mix of contemporary homes, sold finished to exacting standards with superior interior specifications and innovative design solutions. 6 expansive penthouses crown the block. These apartments have been designed to combine the ideal layout for the very best of style and functionality, maximum use of light and enjoyment of views, with luxurious finishes and the very latest ICT on offer. Tigne Point is a Special Designated Area.
EXPECTED PURCHASE VALUE
1 bedroom from €350,000
2 bedroom from €460,000
3 bedroom from €458,880
EXPECTED RENTAL VALUE
1 or 2 bedrooms - €1,600/€1,900 monthly. Sea views get more. Around €2,300/€2,500 monthly.
3 bedrooms - €1,800/€2,300 monthly for the back blocks. Front blocks and sea view will fetch around €2,900/€4,000
Crusader Rock clients who purchase in one of the 11 specific prime residential property developments, between now and June 2011 will benefit from having their Permanent Residence (PR) application costs refunded once transfer of the property takes place. Normally, this cost would amount to around €4,000.
Crusader Rock together with their Maltese property partners will be hosting a series of seminars during August in Durban, Johannesburg and Cape Town. To find out more about seminar times and to schedule a meeting go to http://www.crusaderrock.com/ or call 0861 4 MALTA
