FAQ

Frequently asked questions

What documents do I need to buy property in Malta?

The documents required depend on the circumstances of the transaction. Generally, purchasers should provide a valid identification document (Identity Card or Passport) and any information relating to financing arrangements if a bank loan is involved. The Notary will carry out the necessary due diligence and legal searches to verify ownership, identify any burdens affecting the property, and ensure that the transaction can proceed safely. Additional documentation may be required depending on the type of property, the risk and the parties involved.

What is a Promise of Sale Agreement?

A Promise of Sale Agreement, in Malta known as a Konvenju, is a preliminary agreement between the seller and purchaser whereby both parties commit themselves to conclude the final deed of sale within an agreed period and subject to specified conditions. The agreement typically regulates matters such as the purchase price, payment terms, completion date, bank loan approvals, planning permits, and any other conditions agreed between the parties.

How long does a property purchase take?

The timeframe varies depending on the complexity of the transaction. In many cases, the Promise of Sale Agreement is followed by a period of approximately three to six months before the final deed of sale is published. During this period, the Notary carries out legal searches and verifications, while the purchaser may finalise financing arrangements and satisfy any conditions contained in the agreement.

Can a foreign national purchase property in Malta?

Yes. Foreign nationals may purchase property in Malta, although certain restrictions and requirements may apply depending on nationality, residence status, the location and type of property. In particular, property located within a Special Designated Area (SDA) may often be acquired without an Acquisition of Immovable Property (AIP) permit. Each transaction should be reviewed individually.

What are Special Designated Areas (SDAs)?

Special Designated Areas are developments in which property may, in many cases, be acquired by foreign purchasers on the same terms as Maltese nationals, without requiring an AIP permit.

Malta

  • St Julian's: Portomaso Development (including Laguna), Pender Gardens, Mercury Towers, and ORA Residences.
  • Sliema: Tigné Point and Fort Cambridge.
  • Kalkara / Smart City: The Shoreline Residences and Smart City.
  • Mellieħa: Tas-Sellum Residence and Southridge.
  • Rabat: Verdala Terraces.
  • Cottonera (Three Cities): St Angelo Mansions.
  • Madliena: Madliena Village.
  • Marsascala: Ta' Monita Residence.
  • Mrieħel: The Quad Business Towers (Commercial) and Trident Park (Commercial).
  • Gżira: Metropolis M-Towers and Manoel Island.
  • Xemxija: Mistra Heights.
  • Birżebbuġa: Scirocco Heights.

Gozo

  • Għajnsielem: Fort Chambray.
  • San Lawrenz: Kempinski Residences.
  • Marsalforn: Vista Point.

The list of SDAs may be amended from time to time and individual developments may contain different phases or property types. Specific verification should always be carried out before entering into any transaction.

Do EU and non-EU citizens need an AIP permit to buy property in Malta?

The requirements depend on the purchaser's nationality, residence status, the nature of the property being acquired, and whether the property is located within a Special Designated Area. In many cases, property situated within an SDA may be acquired without an AIP permit. However, each transaction should be reviewed individually to determine the applicable requirements.

What is an Acquisition of Immovable Property (AIP) Permit?

An Acquisition of Immovable Property (AIP) Permit is an authorisation that may be required for certain foreign purchasers acquiring property outside a Special Designated Area. Whether an AIP Permit is required depends on the purchaser's nationality, residence status, and the nature of the acquisition.

How much are notarial fees?

Professional fees are calculated in accordance with the Laws of Malta and the guidelines issued by the Notarial Council of Malta. The final fees depend on the nature of the transaction, the value involved, the searches required, and the complexity of the work undertaken. Clients may consult the official Notarial Council billing calculator for an indicative estimate. Calculator results are indicative only and do not constitute a binding quotation. A personalised estimate can be provided following an assessment of your particular circumstances.