WHY CHOOSE MALTA
Together with perpetual sunshine, picture-perfect beaches, stunning rocky coves and some of the clearest waters in the Mediterranean, Malta offers centuries of fascinating history, superb Mediterranean cuisine, English language, attractive tax incentives, close proximity to the rest of Europe, record-low crime rates, exceptional national healthcare, laid-back Mediterranean lifestyle and an extremely consistent property market, making it a perfect choice for global expats and for business headquarters.
THE PROPERTY MARKET IN MALTA
Purchasing immovable property in Malta, whether commercial property or residential property, has continually proven to be an attractive, safe and secure investment. In fact, buying Malta real estate may be one of the best property transactions that you could do in Europe. Not to mention, the cost of living in Malta is incredibly low in comparison to the UK, USA, or other EU countries.
With demand from both domestic and international buyers, property in Malta continues to enjoy long-term growth. Being a small island there is only so much that can be developed and built giving rise to demand, thereby increasing your return on investment. Whilst the island’s attractive tax regime adds to the appeal for foreign buyers seeking to acquire residence.
Malta and sister island Gozo offer a varied choice of property to suit any lifestyle. Properties include including luxury villas, to traditional townhouses, houses of character, countryside farmhouses, centuries-old palazzos, and contemporary seafront apartments in the urban centres.
OPTIONS FOR NON-EU BUYERS
As a foreign national (non EU), you do not need to be a Maltese resident to purchase property. There are many rules and regulations to make the buying process seamless for international buyers. To purchase property anywhere on the island, you will need an AIP (Acquisition of Immovable Property) Permit and you are only allowed to buy one property. An exception to this rule is if you purchase property within an SDA (Special Designated Area). If you purchase property within an SDA Development, there is no limit to the amount of properties purchased and no need for an AIP permit.
Special Designated Areas is a status granted to qualifying residences within luxury lifestyle developments that allow both EU and non-EU nationals to purchase property in Malta with the same buying rights as locals, without the need to obtain an AIP permit. In addition, any buyer can purchase a property in an SDA as an investment property rather than a primary residence.
There are a wide range of SDA lifestyle developments to choose from on the island. Whether you prefer the hustle and bustle of urban life, or looking for a residence with a more countryside feel, there are many options to choose from. Most SDA’s have a variety of facilities and amenities such as communal swimming pools, underground parking and landscaped outdoor areas.
Luxury SDA Developments in Malta are always in high-demand as they offer the luxury of convenience including parking, restaurants, cafes, wellness centres and gyms. Residents benefit from all the facilities and amenities, sprawling residential havens for those who seek luxurious, comfortable and convenient living.
SDA Developments in Malta and Gozo:
- Portomaso, St. Julian’s
- Tigne Point, Tigne
- Tas-Sellum, Mellieha
- Madliena Village, Madliena
- Smart City, Kalkara
- Fort Cambridge, Tigne
- Ta’Monita Residence – Marsascala
- Pendergardensm St. Julian’s
- Quad Business Towers, Mriehel
- Southridge, Medllieha
- Mistra Heights, Mellieha
- Fort Chambray, Gozo
- Kempinski Residences, Gozo
- Vista Point, Marsalforn
View properties in SDA’s : https://bit.ly/3vzpM3k
View all Maltese properties: https://malta-gozo-property.com/?partner=maltainvest
Contact me on mandy@maltainvest.co.za if you are interested in purchasing a property
Whether you are looking to relocate to Malta as your permanent residence or to purchase property as an overseas investment option, we are here to assist you with all your real estate needs and offer a personalised service to each of our clients