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Real estate in Kalkara
Malta's south-eastern region, home to the charming town of Kalkara, is a hidden gem that has garnered the attention of numerous overseas home-buyers and investors. If you find yourself dreaming about a rustic townhouse or an upscale apartment nestled in a scenic location complemented by crystal-clear waters, Kalkara is the place to be. This enticing town, situated near the Grand Harbour, is renowned for its colourful array of traditional Maltese houses, giving it the appealing moniker of “Il-Belt tal-Kuluri” or “the Town of Colours," reflecting its vibrant architecture and scenery. Before contacting a local property dealer, it is advisable to delve into the real estate market of this mesmerising region to understand what Kalkara has to offer. Explore the broad array of properties available, from traditional townhouses to modern coastal apartments, and get a fair idea of how much owning a piece of this paradise would cost. Just like Mijas in the Andalusia region, Spain, Kalkara in Malta offers a unique blend of tradition and modernity, making it an attractive destination for anyone looking to acquire a holiday home in a distinctive location.
Kalkara properties: Market trends overview
The real estate market in Kalkara, Malta has been showing consistent price appreciation, making it appealing to global investors and property buyers, particularly from Scandinavian nations, the UK, Germany, and the United States. Kalkara's exceptional location by the Bay allows for a balanced lifestyle between calm and serene living and the excitement of a bustling holiday destination, thanks to several waterfront recreational facilities and easy access to the lively city of Valletta. Kalkara is known for its dynamic coastal environment, rich historical background, and a superior standard of living. Over the recent years, Kalkara's governing body has been investing significantly in urban development, offering a range of property choices for both local and overseas property buyers, such as contemporary terraced houses, apartments, modern villas, traditional farmhouses, and luxurious penthouses. It's not difficult to find properties and apartments for sale in Kalkara, Malta, that cater to all budgets and lifestyle choices. This, combined with the beautifully preserved traditional Maltese architecture, makes the sun-kissed town one of the most inviting for overseas buyers.
Average price of a property for sale in Kalkara
What's the typical cost for properties in Kalkara, Malta? This isn't a straightforward question to answer due to the considerable variations that depend on various aspects, such as property type, its vicinity to historical landmarks and seashores, facilities, and individual preferences like luxurious touches, size, and ease of access. The latest data indicates that the top asking price for a property on sale in Kalkara was €2,800 per square meter. The greatest costs are commonly associated with the properties in the central regions of Kalkara. On the other hand, the lowest costs, averaging a price per square meter at around €2,000, are usually found in the outskirts of the Kalkara town. The current average listed price for a residential property is roughly €600,000.
Types of properties can you find in Kalkara
Kalkara, Malta, offers a variety of real estate options, featuring everything from modern apartments and lavish penthouses to upscale seafront villas and classic Maltese townhouses. The most desirable properties are often found within secure residential estates. You can acquire 3-4 bedroom flats with spacious balconies and double-story houses, each having their own entrances and equipped with large terraces and individual kitchens. Additionally, you may choose a newly built villa situated in an advantageous location in Kalkara, Malta, offering sea views, within walking distance to the beach, making it a perfect place to reside.