Malta.net domain is for sale
Almost a year after the domain malta.com was sold by a Maltese emigrant in the United States to an English businessman residing in Malta, now it's the turn of malta.net to be put up for sale.Carl Fsadni, former owner of malta.com confirmed to i-Tech...
Almost a year after the domain malta.com was sold by a Maltese emigrant in the United States to an English businessman residing in Malta, now it's the turn of malta.net to be put up for sale.
Carl Fsadni, former owner of malta.com confirmed to i-Tech that "Only serious offers for malta.net will be considered. We will start with the best offer, which will be at least what malta.com netted. There is a very select few that actually know the value and can afford this domain name. They are the ones that will benefit from their investment as did the new owners of malta.com."
Asked about the timing of the sale of malta.net, Mr Fsadni said "The European economy is where we felt it should be. This is the right time to own a first class commercial domain name that can be developed to generate a generous amount of business."
Last year malta.com was sold for a record US$ 250,000 (Lm75, 000- €32,175)) and the new owner, Robert Morrison, an English businessman who has set-up family in Malta, has since then turned the domain into a portal with general information about the Maltese Islands.
"We are happy that the new owner kept their word to us to develop a site Maltese would be proud to represent their rich culture and heritage," remarked Mr Fsadni. Mr Morrison revealed to i-Tech that he is aware that malta.net is for sale but Mr Fsadni has not contacted him to see whether he is interested.
"When I purchased malta.com he offered to sell me the .net for an extra $50,000 (Lm17, 000 - €39,000) but I did not feel it worthwhile as the .net has no traffic as far as I'm aware and of course any developed site placed on it is only going to help mine due to traffic bleed. Also traditionally .nets fetch around 5-10 per cent of the value of their .com counterparts in the domain industry." The English businessman snatched up the malta.com domain after Mr Fsadni failed to convince the Maltese authorities to buy it and use it to promote Malta to get more incoming tourists. As a result he did not get in touch again with them for the sale of malta.net.
"We did not want to spend the time to deal with a bureaucracy as we had with malta.com," the Maltese-American emigrant said.
Mr Fsadni declined to confirm whether he is in possession of other web domains that include the word 'malta'. Potential buyers can go to www.sedo.com for more information.
In the meantime the new portal accessible at malta.com continues to take shape.
"We now have many hundreds of local users who have signed up for free e-mail addresses and, as the community grows, services will increase," reassured its owner. "At the moment we provide free classifieds, free business directory listing and will be adding dating, a local online auction site, and virtual property walkthroughs. We also provide incredibly cheap web hosting packed with features. Several thousand potential tourists visit the site every day and take advantage of the information there to make their travel decisions, check the weather, exchange rates etc."
Carl Fsadni, former owner of malta.com confirmed to i-Tech that "Only serious offers for malta.net will be considered. We will start with the best offer, which will be at least what malta.com netted. There is a very select few that actually know the value and can afford this domain name. They are the ones that will benefit from their investment as did the new owners of malta.com."
Asked about the timing of the sale of malta.net, Mr Fsadni said "The European economy is where we felt it should be. This is the right time to own a first class commercial domain name that can be developed to generate a generous amount of business."
Last year malta.com was sold for a record US$ 250,000 (Lm75, 000- €32,175)) and the new owner, Robert Morrison, an English businessman who has set-up family in Malta, has since then turned the domain into a portal with general information about the Maltese Islands.
"We are happy that the new owner kept their word to us to develop a site Maltese would be proud to represent their rich culture and heritage," remarked Mr Fsadni. Mr Morrison revealed to i-Tech that he is aware that malta.net is for sale but Mr Fsadni has not contacted him to see whether he is interested.
"When I purchased malta.com he offered to sell me the .net for an extra $50,000 (Lm17, 000 - €39,000) but I did not feel it worthwhile as the .net has no traffic as far as I'm aware and of course any developed site placed on it is only going to help mine due to traffic bleed. Also traditionally .nets fetch around 5-10 per cent of the value of their .com counterparts in the domain industry." The English businessman snatched up the malta.com domain after Mr Fsadni failed to convince the Maltese authorities to buy it and use it to promote Malta to get more incoming tourists. As a result he did not get in touch again with them for the sale of malta.net.
"We did not want to spend the time to deal with a bureaucracy as we had with malta.com," the Maltese-American emigrant said.
Mr Fsadni declined to confirm whether he is in possession of other web domains that include the word 'malta'. Potential buyers can go to www.sedo.com for more information.
In the meantime the new portal accessible at malta.com continues to take shape.
"We now have many hundreds of local users who have signed up for free e-mail addresses and, as the community grows, services will increase," reassured its owner. "At the moment we provide free classifieds, free business directory listing and will be adding dating, a local online auction site, and virtual property walkthroughs. We also provide incredibly cheap web hosting packed with features. Several thousand potential tourists visit the site every day and take advantage of the information there to make their travel decisions, check the weather, exchange rates etc."