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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Malta Property

Buying a House in Malta

Posted by Malta Property Agents
Malta Property Agents
Malta Property Agents is a co-operation of Professional Real Estate Sales and Letting Agents. The office, base...
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on Saturday, 13 October 2012 in Malta Property

Buying a house in Malta. Once you decide on the type of property you want purchase from the large stock of real estate for sale in Malta, the many apartments, villas, farmhouses or charming houses character, you may wish to learn about the basic procedures of buying a property in Malta.

You have now selected a property, from the various homes for sale in Malta,  that fits your budget and requirements and a purchase price has been agreed upon. The next step is signing a preliminary agreement, which is drawn up by a notary, where all the terms and conditions agreed upon between you the purchaser and the vendor are listed down. This first contract binds both parties to buy and sell and the notary then sets about checking the legal title of the property. 

Usually, the purchaser places a deposit of 10% of the purchase prices (which for peace of mind, may be held by the Notary until searches and other conditions are satisfied). At this point, the purchaser also pays a 1% stamp duty and this preliminary contract is officially registered. A further 4% stamp duty is paid on the signing of the final deed, which normally takes up to 3 months to conclude.

During this time, both buyer and seller are legally bound to appear on the final contract, the Notary has time to check the good title of the property and apply for any permits if necessary. The purchaser also has time to apply for a bank loan if needed and to conduct any building surveys and check that all building permits are in order.

Malta Property Agents are your real estate agents always on hand to assure the whole procedure of buying property in Malta is completed smoothly. 

 

Malta Property Agents is a co-operation of Professional Real Estate Sales and Letting Agents. The office, based in Balluta Bay, St Julian’s at Le Meridien Hotel and Spa, caters for all types of property transactions. Malta Property Agents specialize in both residential and commercial property in Malta. There is a wide range of 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. The selection of properties for rent or properties for sale are always updated.

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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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