SIMON MAMO REAL ESTATE : November 2013

Thursday 21 November 2013

Malta: The Island of the sports in Europe

The situation Mediterranean of the islands and their calm tides, combined with an annual average temperature of 20 degree, making it a paradise for all kinds of sports. Here you can practice almost all sports for both experts and novices.
Some examples of sports that you can practice:Karting, paintball, climbing, paragliding, golf, tennis, horseriding, bowling, soccer etc. Also the terrain and landscape invite hiking and cycling tours.
Malta also has an international marathon that it is celebrated on 22,23, 24 November.

Landsports

Do you want to train your handicap during all seasons in the year?.
The Royal Malta Golf Club is the ideal setting for relaxing, working on your handicap, or spending time with friends. The RMGC was founded in 1888. One of the founding members was the then Duke of Edinburgh who was serving in Malta. Due to the temperate climate, the18 hole, par 68 course is in excellent condition for all twelve months of the year and is enjoyed on a regular daily basis by locals and visitors.

Watersports

The Mediterranean Sea around the Maltese Islands, light blue, is ideal for diving and is highly accessible in almost all areas of the islands. All three islands offer excellent diving and unique experiences as there are reefs, caves and wrecks that make these are some of the most interesting places for diving in the Mediterranean.
For more experienced divers there are several places where archaeological objects, some of the period of the Second World War and others that date back to Roman times.
At many beaches you can rent equipment for sports such as windsurfing and water skiing. As an alternative to snorkeling, you can go underwater photography.Some of the best places to do diving or underwater photography in Malta are this:

Dwejra Point:

It is one of the most spectacular dive sites throughout Malta, with deep water (up to 60m), many caves and arches. Among all this there is a 35m tunnel that runs from the inland sea to the open sea, where the bottom drops sharply. This is the perfect site for those looking for abundant marine life.

Comino Caves:
This site has become one of the most preferred by people who like to dive in caves.

HMS Maori, La Valleta, Malta:
South of the Bay of Saint Paul, on the Fort St Elmo, are the remains of the HMS Maori, a ship sunk in World War II, in 1942. Resting on a sand bed at 13-17m of the surface.

So if you are a sportsman who likes doing sport during all the year and practise differents kinds of them in Malta you can find fantastic houses or flats in our website www.simonmamo.com or our Facebook page.

Stay healthy and enjoy the sporting life in Malta!

Monday 18 November 2013

ECONOMY IN MALTA

In 1990, Malta began the process required to eventually join the European Union. It was in 2004, after various votes and referenda, that the Maltese people formally became members of the European Union. Four years later, Malta adopted the euro, making it the smallest country in the euro area.
From 2005 to 2007, Malta recorded an average GDP growth rate of 3.7%, making it one of the fastest-growing economies in the EU.
Malta’s economy slipped into recession in 2009 when GDP contracted by 1.9%, compared to 4.1% for the euro area. Malta is highly dependent on energy and food imports, making the country’s economy extremely vulnerable to swings in the world economy. Tourism, one of Malta’s main industries, declined dramatically. Malta’s main sources of economic growth depend heavily on the economic health of its neighboring countries.
The main challenge for the Maltese economy, with its dependency on imports and its vulnerability to external shocks, is to ensure that it is wellpositioned to buffer and respond to negative economic developments in those countries with whom it has close ties. It must also ensure the sustainability of public finances.

Malta's history

During the Napoleonic Wars (1800–1815), Malta's economy prospered and became the focal point of a major trading system. In 1808, two-thirds of the cargo consigned from Malta went to Levant and Egypt.
In 1839, the Peninsular and Oriental Steam Navigation Company and East India Companies used Malta as a calling port on their Egypt and Levant runs.
n 1869, the opening of the Suez Canal benefited Malta's economy greatly as there was a massive increase in the shipping which entered in the port.

By the end of the 19th century, the economy began declining and by the 1940s, Malta's economy was in serious crisis.

In recent years, the economic situation in Malta good.

Resources

Major resources are limestone, a favorable geographic location, and a productive labor force. Malta produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. The economy is dependent on foreign trade, manufacturing (especially electronics and pharmaceuticals), and tourism.

There is a strong manufacturing base for high value-added products like electronics and pharmaceuticals and the manufacturing sector has more than 250 foreign-owned, export-oriented enterprises. Tourism generates 35% of GDP. Film production in Malta is another growing industry (approx. 35 million euros between 1997 and 2011), despite stiff competition from other film locations in Eastern Europe and North Africa, with the Malta Film Commission providing support services to foreign film companies for the production of feature cinema (Gladiator,Troy, Munich, Count of Monte Cristo and World War Z, amongst others, were shot in Malta over the last few years), commercials and television series.

Energy

In Malta there are solar and wind power energy. Malta produces almost all its electricity from oil, importing 100% of it. Energy and the cost of energy, which is oft-quoted as the highest in Europe, was a key issue in the 2013 election.

If you are interested visiting Malta or know more about Malta we can help you.We are the top leading real estate in Malta and we can offer you many properties to choose from ,short lets, long lets , summer rentals , houses and villas for sale etc.

You can also check all our properties and more in our website http://www.simonmamo.com/en/home.htm.
You can contact us by our Facebook page https://www.facebook.com/simonmamorealestate?fref=ts,
by our email simon@simonmamo.com and by telephone:(+356) 2141 0907 or by mobile (+356) 9999 7777 / 9990 0033.

Choose us and we will give you ,your dream house!!!

Thursday 7 November 2013