On February 25, Malta Property Auctioneers will be hosting its 35th property auction at Palazzo Violetta in Sliema. This auction offers an array of properties that will suit various budgets and tastes.
Prices range from €225,000 all the way up to a luxury seven-bedroom, detached villa in Balzan, with a good selection of properties in between including apartments and maisonettes.
Some people may still be unfamiliar with the process. However, over the last few years, many have taken advantage of this way of transferring properties. In fact, hundreds of properties have successfully gone under the hammer.
Like with any substantial purchase decision, preparation is the key to success. If you have never been to a property auction before and do not know how the process works, attending is a good opportunity to learn more about the procedure. Besides familiarising yourself with the event itself, the companies’ associates will be available to answer and queries one may have.
All properties that go under the hammer are advertised regularly through various mediums and one call also register online to receive regular updates. Malta Property Auctioneers guide vendors and purchasers through the sale/purchase of their property from the first day of listing to the day of contract. Buying or selling a property on auction is an exciting event that gets the adrenalin going. The potential to snap up a good price is exactly what drives many investors to bid.
“We are very proud to be hosting a milestone 35th auction with a great portfolio of lots on offer once again,” said Stefan Consiglio, general manager of MPA.
“We offer our clients a morepersonalised approach to selling their immovable assets as well as an aggressive targeted marketing campaign. Combine this with lower commission rates than standard estate agents and you have a win-win situation for all the parties involved, including the buyers who ultimately pay a fairer price. Based on this, and the fact that we are always happy to work with other agencies to get a place sold, it is no wonder that a good number of the lots have already sold well in advance of auction day. “
Auctions are a public event and can be attended by anyone.