As the population in Malta and the number of vehicles per household continues to grow, navigating the impacts can be tricky. That’s why owning a garage in Malta isn’t just some fancy add-on – it’s becoming a necessity.
In this blog post, we’ll explore five benefits of having your own garage in Malta, and demonstrate why it goes beyond convenience.
1) Protection from Weather Conditions
The Maltese climate, while boasting Mediterranean allure, also has its drawbacks. The intense sun and occasional heavy rains can take a toll on vehicles. Besides, we’re all familiar with the unbearable heat in your car after a few hours in a sweltering heatwave. A garage provides a shield against these elements, keeping it safe and comfortable through the seasons. Furthermore, it prolongs its lifespan, keeps the paint from fading, and even keeps it clean for longer.
2) Avoiding the Parking Hassle
Just the thought of looking for parking is enough to cause anyone a headache. Finding a parking spot has become a scarcity, owing to limited spaces and the increasing vehicles on the road. This leads to endless hunting and circling around and ends frequently in frustration. Owning your own garage means there’s always a reserved space waiting for you – hassle-free and reliable.
3) Reducing the Safety Risks
Picture this – you’ve spent years saving up for your dream car (or you’re still paying off the loan), only for it to end up scratched. Your vehicle is a significant financial investment and keeping it safe is important. Storing it in a garage provides an added layer of security, reducing the risks of theft or damage. Knowing that your vehicle is well-protected from unintentional damage and vandalism brings you peace of mind.
4) Solution for Additional Storage
Finding enough space for storage in modern homes has become somewhat of a challenge. Homeowners can understand the value of having enough storage for all their belongings to avoid cluttered wardrobes and cabinets. A garage provides this benefit and frees up space within your home. Particularly for neatly tucking away items that are not regularly used – think Christmas décor, fans or heaters, camping gear, and more.
5) Acquiring a Valuable Asset
With the rising demand for parking space, owning an external garage in Malta is a savvy investment. Its value can substantially increase over the years, providing you with the opportunity to rent it out or sell it for a higher price in the future. Whether you picture yourself keeping it for personal use or as a lucrative asset, it’s a strategic move to invest your money in a garage.
Buying a Garage in Malta
The process of buying a garage in Malta involves steps such as research, engaging a real estate agent, property viewing, negotiation, legal checks, due diligence, signing a sale agreement, payment, finalising the transfer, and property registration. It’s crucial to seek legal advice and assistance throughout the process to ensure a smooth purchase.