Malta Property Agents

We hope you find in this website all the information you need to buy, rent or sell your property. Malta Property Agents are a group of experienced Real Estate Associates, trained in different sectors of the property market. Are you looking to purchase a home in Malta or Gozo, a traditional town house, villa, house of character or apartment, with a simple or luxury finish, in any of the towns or villages of the Maltese Islands? Or maybe you want to buy a sea front or luxury apartment in Sliema, St Julian’s or even Valletta? Our office, based in Balluta Bay, St Julian’s at Le Meridien Hotel and Spa, cater for all types of property transactions. We also have a large selection of property, Apartments and Villas to let for both, long or short term holiday rentals, business investments like offices, shops or restaurant leasing. Call us to discuss your property requirements today.
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The team at Malta Property Agents have been specifically trained to offer your professional advice and information on all aspects of purchasing a property in Malta.

The buying procedure in Malta is simple and straight forward plus it protects both the vendor and the buyer. Legal and binding documents are drafted and signed in either the Maltese or English language at the initial stages, once all terms are agreed to. This eliminates outbidding by third parties to the detriment of the purchaser, or a change of heart by either party after all has been agreed.

Once the property has been selected, your associate at Malta Property Agents is always on hand to assist you in negotiating the final price and any other terms or special conditions. Our agents can also offer advice and translations in a number of other languages besides Maltese and English.

At the point an appointment is set to sign a preliminary agreement also referred to locally as a Konvenju. This first contract is signed in front of a Notary of the purchaser’s choice. The purchaser will be required to pay 1% provisional stamp duty as part payment of the full 5%. Normally, the purchaser also leaves a deposit of 10% of the selling price as part payment. The signing of the final contract and exchange of keys, normally happens around 3 months later, where the balance of the purchase price together with the remaining 4% stamp duty are paid. The time between Konvenju and final contract can be less than the average 3 months and sometimes considerably longer. This time frame is mutually agreed between the parties and conditional to all legal searches and other terms and conditions, such as bank loans, being satisfied.

POSSIBLE TERMS AND CONDITIONS TO LOOK OUT FOR WHEN PURCHASING A PROPERTY

Once you have decided on a property and before you sign any contracts, Malta Property Agents will guide you on the following issues: You pay the best price for your chosen property.

You know if the property has a ground rent or is freehold

Any extras included in the price such as furniture or fixtures are duly listed

Payment term and any other conditions are clearly agreed and adhered to

Bank loans and conditions are organized and clearly agreed to as part of the contract

Property surveys if necessary are duly completed or agreed to as part of the contract

Building permits are available and in order

The choosing of a competent Notary and other professional that may be required

The following through of any other terms and conditions agreed to



EXPENSES RELATED TO THE PURCHASE OF PROPERTY

Duty on documents, 5% of the purchase price (excluding any furniture and fixtures)

Notarial fees approximately 1% of the purchase price

Searches and registration (varies from about €400) AIP Ministry of Finance Fee € 235 (for foreigner purchasing a holiday home or non EU citizen)

Malta Property Agents specialize in the following types of property available for rent and for sale in Malta and Gozo. We offer converted and unconverted farmhouses, houses of character and town houses, furnished or unfurnished apartments, some with terraces and views. Villas with swimming pool, small or large gardens. Our selection of villas and apartments for rent are always updated. We offer furnished and unfurnished property for short holiday lets and long lets. We have a complete selection of fine homes in Malta and Gozo for sale and for rent.


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