With the slowdown of the UKHousing market, many canny investors are looking further afield, to the shores of Malta, to make great returns.

Since joining the EU Property prices in Malta have exploded and show no signs of abating.

There are some restrictions on what types of property foreign nationals can own in Malta. Generally speaking, foreigners are able to buy one piece of residential property that will be used as that person's primary residence or that will be used by that person as a holiday residence during part of the year.

With this in mind, an individual foreign nationals not able as a general rule to buy commercial or industrial property. There are some instances in which a foreign national will join with citizens of Malta to form a joint legal venture -- usually in the form of a limited liability company -- to by non-residential real estate. It is important to keep in mind that this type of arrangement does require approval from different governmental agencies in Malta.

Even for EU member state nationals (Malta is now a part of the European Union) the ability to own real estate in the country is limited at this point in time. There is some natural and necessarymovement to relax different real estate laws in regard to foreign nationals in the future to bring Malta more in line with the open market concept at the heart of EU membership. Source: www.property-abroad.com

If you want to own property in Malta UkHousing.com can help. We are exclusively marketing a selection of properties in Malta and teamed up with a local partner to help you through the buying process, should you which to purchase a property.

Visit http://www.ukhousing.com/malta to see the exclusive properties we have on offer.