Sotheby’s International Realty brand enters Malta
Malta joins network of 660 offices selling high-end residential real estate.
Sotheby's International Realty Affiliates' luxury real estate services are now available in Malta with the opening of Malta Sotheby's International Realty.
The firm, which is jointly owned by Michael, Andrew and Tony Zammit and Roger Strickland Jr, serves the high-end residential real estate market throughout the island of Malta in Southern Europe.
"Our expansion into Malta continues our commitment to providing access to the Sotheby's International Realty network's exclusive real estate services in key countries around the world," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC.
"This affiliation, which strengthens our presence in Europe, offers us entrance into the exciting Maltese market. We are very pleased that our global clientele will now have access to our services in this historic and beautiful country."
According to Michael Zammit, it is the team's goal to deliver efficient and personalized services with professionalism and confidentiality. "Our team has the experience and local market knowledge, and now we add to that the international network of the Sotheby's International Realty brand to form a very powerful combination," he said.
"As well, the island of Malta, renowned for its history, hospitality and Mediterranean charm, has become a prime location for foreign businesses, property investment and as a holiday destination. Investing in property here remains an attractive proposition with the Maltese market achieving strong appreciation depending on location. Lifestyle developments have quickly become the most exclusive and sought after addresses on the island. This, coupled with the various tax benefits and fiscal incentives, make our island an attractive option to either retire or relocate."
The Sotheby's International Realty network currently has more than 12,800 sales associates located in approximately 660 offices in 47 countries and territories worldwide. Malta Sotheby's International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs. Each office is independently owned and operated.