Frank Salt Real Estate to launch holiday home division

Malta: Maltese real estate firm Frank Salt Real Estate has announced its launch of a holiday home division.

The company will be offering properties across popular holiday destinations on the islands of Malta and Gozo.

Malta, an island nation with a significant amount of tourism, is being heavily afflicted by the global Covid-19 pandemic. Though the country hopes to reopen by the summertime due to its proactive response, the country still relies on tourism money for around 15 per cent of its GDP.

The promotion of vacation homes is, however an attempt to appeal to the domestic market, hoping Maltese people looking for a break may take up some of the leeway.

Letting manager Phillipa Tabone said to the Times of Malta: “Families and small groups are looking to block a weekend or a week  to enjoy a short summer break, just the same. Malta and Gozo have loads to offer and renting a property for a summer break allows one to do exactly that – to get away from the usual routine in a lovely property and enjoy our islands and all they have to offer,”

The various properties on offer range from budget apartments to farmhouses and full sized villas. Furthermore, properties are available to rent in the heart of the country’s culture, in the capital of Valetta or in the three cities, a short walk from various shopping districts and marinas.

Director Graham Salt noted: “A lot of people have already opted for this kind of vacation, so availability is becoming limited.”

Though the world is still in various levels of lockdown due to the global pandemic, many travellers are hoping that they will be able to vacation soon. Short-term rentals in the US states with lifted restrictions are seeing a resurgence, with the popular destination state of Colorado reopening rentals yesterday.