THINKING OF BUYING PROPERTY IN MALTA?
Could Malta be the country for you? Find out how to make your dream of these beautiful Mediterranean islands a reality by following our quick guide.
Malta is known for its rich history, long summers and breathtaking nature. Made up of three main islands, it is the smallest member state of the EU. While it boasts a relaxed, Mediterranean island lifestyle, it has very easy access to the rest of the Europe. Whether you’re looking for retirement on the beach, a family home in a friendly town or the launching point for a new career, Malta has something for everyone. We’re here to give you some tips as you prepare for your move.
WHAT TYPES OF PROPERTY ARE AVAILABLE IN MALTA?
Living in Malta, you’ll always be close to the sea. In fact, it is a country known for its beautiful beaches, and Malta’s Mediterranean lifestyle and delicious cuisine are hard to beat. Are you imagining yourself in a stunning villa overlooking your own land, or a traditional Maltese townhouse on a cobbled street? Hoping to find a modern apartment you can move into straight away, or a centuries-old home that needs some love? While the centers of Malta are densely built up, you don’t have to travel far to reach stunning, converted properties in farming villages or sprawling homes by the beach.
Malta is full of charming villages to choose from, each with its own amenities, benefits and number of yearly tourists. While there are many places to live on the main island, you could also consider living on Gozo if you don’t mind a quick ferry commute. This sister island is smaller and quieter, while still having all the important amenities and its own significant cultural sites. Throughout the Maltese archipelago, you’ll find many ancient ruins that show the footprints of history’s most significant civilizations, hiking paths around blue coves and scuba diving sites for those looking for adventure. If all of this sounds good, the next step is to find your dream home!
HOW DO YOU BUY A HOME IN MALTA?
The best thing you can do to make sure Malta is right for you is to take multiple viewing trips to see the country. Thanks to Malta’s size, you can easily travel around the different areas you might want to live. Your RE/MAX agent will make sure you know everything about the area before you decide where to settle. Then, once you’ve found a property that lives up to your expectations, your agent will help you negotiate the price and make sure you’re getting the best deal. You can also negotiate any special conditions before you sign a preliminary agreement. A notary will verify that everything is in place for the purchase to happen smoothly, and then they will draw up a purchase agreement.
A home can only be purchased as a residence for the owner or immediate family members, and a permit is necessary for non-EU nationals to buy there. However, there are some exceptions to these special purchase conditions that your RE/MAX agent can inform you about, and they can even explain how to obtain residency through investment.
FINDING THE RIGHT AGENT IN MALTA
Every RE/MAX estate agent knows Malta inside and out. Since they are experts in the local area, they’ll keep you aware of any new developments. Through their experience and by listening to your wishes, they’ll recommend the best properties as soon as they come onto the market. And since they’re connected to a much wider network of RE/MAX agents around Europe, they have resources at their fingertips to help you sell you current home to get ready for your new life in Malta.
If buying your new Maltese home sounds right to you, book a few viewing trips, finalize your budget and contact your RE/MAX agent to start your search. With the right support, the process doesn’t have to be daunting. The only step left is to look forward to move-in day – it might be just around the corner!
Please Note: While RE/MAX Europe has compiled the information on this page diligently and to the best of its knowledge, RE/MAX Europe does not assume any liability for the accuracy of the information or for any damages resulting from the use of the information.