Buyers' Guide To Malta

The procedure of purchasing a property in Malta is one of the simplest in Europe:

Once you have seen the property you like and a verbal agreement on the price has been confirmed, a Preliminary Agreement is signed in the presence of a Notary Public. This agreement binds both parties to purchase /sell the immovable property under the terms and conditions agreed upon between the two parties. On signing of this agreement a deposit (normally around 10% of the purchase price) is paid by the purchaser to secure the sale.

The Preliminary Agreement is given a validity period which would be agreed to by the two parties (normally 3 months). During this time period the Notary Public engaged by the purchaser will do the necessary searches to confirm good title of the property in question and apply for any applications required by Government Authorities.

On signing of the Preliminary Agreement the purchaser is to pay 1% of the purchase price as part payment of the 5% stamp duty (one time purchase tax) that is to be paid on the Final Deed of Sale. This Preliminary Agreement will then be registered in the Government Registry.

When all necessary permits are issued and clear title has been proven by the selected Notary, then the Final Deed Of Sale may be entered into. At this stage the balance of the purchase price, balance of stamp duty (4% of purchase price), notary fees (approx 1%) plus legal expenses are paid. Vacant possession of the property is then given to the purchaser. Agency fees are normally paid by the vendor.

RECAP of fees:

  • Stamp Duty 5%
  • Notary Fees 1% (approx)
  • Searches and Registration Fees €250 (approx)
  • Ministry of Finance Fees €250 (approx)

Any non-resident, permanent or temporary resident are permitted to sell their property at any time and may repatriate their money in any currency.
Subject to status, mortgage facilities are available for non-Maltese Citizens and non-residents.

Find Property for YouLet Us Find Property For You

Fill out a requirements form and our experts will help you find a great selection of properties for sale in Malta.

Help me find property in MaltaGo

Foreign Exchange

 Considering a property purchase in Malta or need to transfer currency to/from Malta?

Save Thousands in Currency Transfers Go

Malta flagGet a Mortgage Quote

When considering a buying property in Malta, you are well advised to get expert mortgage advice from a mortgage broker.

Get a mortgage quote in MaltaGo

Holiday Rentals in MaltaHoliday Rentals

Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.

Find out more Go

Insurance QuoteGet Insurance in Malta

If you own or are about to purchase property in Malta, you get an insurance quote using our online insurance quote form.

Get Insurance in MaltaGo

WillsLooking for a Will?

 Do you have your British assets covered by a will?
Do you have your movable foreign assets covered by a will?
Have you made plans to protect your family in the event of your death?

Get more information on Wills Go

PensionsGot a UK Pension?

Everything you need to know about transferring your UK Pension is in our downloadable guide.

Get more information on Pensions Go

Can't find what you're looking for?

We're here to help in any way we can. Help me find it!