Buying Property in Malta



All residents of EU Member States can buy their first property in Malta knowing complete well that they have no real constraints. The advantages of getting property in Malta are various.

The position of the island situated in the hearth of the Mediterranean Sea makes buying a property in Malta and also living below easily accessible to Europe and the rest of the globe. As a matter of fact Air Malta the island's nationwide airline and also various other inexpensive airline companies service the island daily. Then resales of property is allowed, if one determines to transform property in Malta. You can lease your property to third parties though some limitations do apply. Repatriation of full resale price, consisting of revenues after taxes, is allowed without complications; Home mortgage are readily available for property acquisition by non-residents or non-Maltese citizens residing on the islands as soon as authorization is given by the Central Bank of Malta, you can borrow as high as you want from the local banks within the well-known business problems. Ultimately buying a property in Malta does make sound feeling seen from all angles.

When somebody has picked the property they are getting in Malta, and price and also problems have been concurred, an initial agreement (convenium) is signed in between the vendor and buyer. This contract binds both parties to sell/purchase the unmovable property under the conditions and also terms set. The signing of the last action is, however, constantly based on good title being confirmed as well as the issue of any kind of family member permits to acquire. The contracts when purchasing property in Malta are usually constantly written in English.

People who are NOT people of a European Member State might obtain immovable property in Malta after they get the family member authorization in regards to Chapter 246 of the Regulations of Malta from the Ministry of Finance.


The placement of the island located in the fireplace of the Mediterranean Sea makes getting a property in Malta and living below available to Europe and also the rest of the globe. If one makes a decision to change property in Malta after that resales of property is allowed. As soon as somebody has actually chosen on the property they are buying in Malta, as well as price as well as conditions have actually been agreed, an initial agreement (convenium) Property Market Malta is authorized between the supplier and buyer.

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