Dhalia extends property sale by one month

Dhalia Real Estate's first-ever property sale has been extended for another month following the great demand it has had since being launched.

Dhalia's branches have been swarmed with requests and its sale portal has had over 10,000 hits to date.

The sale also attracted more developers and sellers who asked to be included in the sale list.

Under the sale, an advantageous one-time home loan package has been obtained by Dhalia through a strategic partnership with Bank of Valletta. The package has also been extended.

The Dhalia sale now also includes the BoV 'Buy to Let' package which offers an interest rate of 5.75 per cent instead of the normal rate of 6.5 per cent and no processing fees. This is interesting for buyers looking for a second home as an investment, particularly in view of the exponential increase in the demand for letting and the soaring rental returns which can finance the investment over the longer period.

This sale has placed hundreds of properties at discounts of up to 10 per cent on the market. Dhalia has already negotiated prices downwards on behalf of prospective buyers. The estate agent has also obtained sole agency agreements on these properties.

"We are delighted with the feedback we have received and more developers and sellers want Dhalia to sell their properties at better prices," Dhalia chairman Alan Camilleri, said.

"Our sale package was carefully designed with the first-time buyer in mind offering selected quality properties with an unprecedented home loan package. We're also honoured to have B&M Supplies join Fino and Forestals in giving a 20 per cent discount on all purchases till June 2009 to further support first-time property buyers. ".

The properties falling under the Dhalia Sale can be viewed through www.dhalia.com/sale. For more information visit any of Dhalia's branches in Malta and Gozo or e-mail sale@dhalia.com.