Malta Sotheby’s International Realty recently held its highly anticipated annual team assembly at the iconic Palazzo Parisio, celebrating an extraordinary year of achievements in 2024 and setting the course for an even more successful 2025. The prestigious event focused on the brand’s ongoing commitment to excellence, innovation, and their continued success for the year ahead.
Joint owner and Director Michael J. Zammit opened the assembly with an inspiring address. 2024 was one of the most successful years in the company’s history, marked by exponential growth in sales performance. “Our record-breaking performance in 2024 is a testament to the strength of our brand and the expertise of our team,” says Zammit.
Appointed to the position of Head of Sales and Letting in 2024, Benji Psaila presented a detailed breakdown of the company’s remarkable sales figures. The total value of concluded sales increased by 129%, with sales commission rising by 128.9%. The total value of Promise of Sale contracts grew by 120%, while the number of signed Promise of Sale contracts increased by 104%. Residential rental contracts showed a growth of 43.3% whilst residential rental commissions climbed by 57%.
“At Malta Sotheby’s International Realty, we are not just selling properties – we are shaping the future of luxury real estate in Malta,” explains Psaila.
2024 marked the implementation of Sotheby’s International Realty’s global “1 of 1” marketing campaign. Designed to redefine the luxury real estate landscape, this initiative highlights the uniqueness of each home and positions Malta Sotheby’s International Realty advisors as “Curators of the Unique”.
The campaign resonates with an emerging generation of affluent buyers, emphasising individuality, exclusivity, and extraordinary living experiences.
With a global network of 1,100 offices, 26,400 associates in 84 countries and territories no other agency can offer the worldwide exposure that Sotheby’s International Realty does. “The properties we represent are uniquely positioned to garner the best exposure both locally and on a global scale,” says Head of Marketing, Sharon Grima.
The 2025 marketing strategy is set to be expansive and impactful, incorporating marketing initiatives that are unique to the Sotheby’s International Realty brand using only the most advanced marketing tools and techniques.
Compliance Analyst & Consultant, Michael Parlato Trigona provided the sales and rental team with insightful statistics on local and international buyers, highlighting current real estate trends and Malta’s most sought after areas. Properties located in Special Designated areas – also known as Lifestyle Developments – remain a popular choice for foreign buyers with prices starting from €540,000 and ranging all the way to €10 Million +.
Malta Sotheby’s International Realty is uniquely positioned to provide its global clientele with seamless access to expert guidance on immigration, tax planning, yachting, trusts and corporate services.
Malta Sotheby’s International Realty has plans to expand its team this year by recruiting experienced professionals eager to join the global brand, offering unmatched exposure, access to a prestigious client base and the opportunity to work alongside award-winning professionals who were honoured at the assembly.
Celebrating their dedication and exceptional contributions Malta Sotheby’s International Realty recognised Sales Associate John Dandria with the Top Producer Sales 2024 award. Letting Associate Marcia Ardila was awarded the Top Producer Rentals 2024 award and Sales Associate Rosanna Binotto was awarded Top Contributor to the Sales Database 2024. Letting Associate Sabine van Ieperenburg received the 2024 Top Contributor to the Rentals Database and Letting Associate Michaela Tabone was presented with the Exceptional Performance award.
Head of Administration Shirley Herron was given 2024’s Team Impact Award and team members, Letting Associate Lana Buks-Vaivade and Senior Marketing Executive Candice Vinheiras were acknowledged for 5 years of continued service – each receiving a Long Service Award.
Malta Sotheby’s International Realty has also announced that they are now accepting cryptocurrency payments for real estate purchases, via real-time, secure and seamless payment platform, further solidifying the brand’s reputation as an innovative leader in the market.
In close collaboration with WorkSpaces.mt, a dedicated platform for commercial real estate – Malta Sotheby’s International Realty aims to elevate the process for identifying commercial space which is highly dependent on ones’ business necessities, by enabling the search and selection process for instant availability of office space in Malta.
“In 2025 we don’t just aim to succeed – we aim to lead, inspire and transform! With a passionate team, a forward-thinking vision, and an unmatched global network, we are poised as the leader of luxury real estate in Malta,” concludes Zammit.
