The letting market is going from strength to strength, according to Belair Real Estate, which maintains that property remains a safe investment in spite of the economic turmoil.

The estate agent says its buy-to-let scheme has been well received since its launch in February with investors making the most of low interest rates and the opportunities available in the rental market.

Commercial office rentals are also on the rise, with more foreign companies availing themselves of Malta's tax advantages and skilled labour force.

The north harbour remains the most sought after area and the highest demand seen by the agent is for premises in St Julians, Ta' Xbiex and Sliema.

On the foreign front, Belair's collaboration with Go Sicily Properties was described as a huge success with a number of plots sold in the exclusive Borgo Lucia project in Noto.

Developed by Land Overseas Property Fund and Sicily Farmhouses Ltd, this project is being marketed exclusively by Belair Real Estate together with Go Sicily Properties.

It consists of 27 plots with an average size of 10,000 square metres per plot, all enjoying exceptional country and sea views.

These projects and a range of property for sale or to let will feature in the eighth issue of the real estate magazine, out tomorrow with The Sunday Times.

Belair Real Estate's property magazine is designed by Mediamaker Ltd and printed by Progress Press, both members of the Allied Group of Companies.