What are Special Designated Areas
Special Designated Areas (SDA’s) is a status granted to qualifying developments of apartments and penthouses, that allow both EU and non-EU nationals to purchase property in Malta with the same acquisition rights as Maltese citizens and without the need to obtain an AIP permit (Acquisition of Immovable Property).
This allows Third Country Nationals the right to purchase an investment property for rental and also the right to acquire more than one property
Buying a Property in Malta as a Non-EU Resident
As a Non-EU Resident, it is still possible to acquire immovable property in Malta through an AIP Permit ( Acquisition of immovable property), as a primary residence. You are able to buy anywhere on the island, but only one property
If you are wanting to purchase and second property or an investment property to rent out you will need to buy in a SDA ( Specially Designated Area)
These zones have no restrictions to acquire a property. The high-end areas include:
- Kalkara, The Shoreline Residences
- Sliema, Tigne Point Residences
- St Julian’s, Portomaso Development
- Mellieha, Tas-Sellum Residence
- Madliena Village, Madliena
- Marsascala , Ta’Monita Residence
- St Julian’s, Pender Gardens
- Sliema, Fort Cambridge
- Vittoriosa, St Angelo Mansions
- Mellieha, Southridge
- St Julian’s, Mercury Towers
- St Julian’s, Mercury Suites
- St Julian’s, Portomasa Laguna
- Gozo, Fort Chambray
- Gozo, Kempinski Residences
- Gozo , Vista Point
- Commercial SDAs
- Mriehel , The Quad Business Towers
Expenses related to the purchase of property
- 5% stamp duty of purchase price
- 1% to 3% notarial fee (approximate)of purchase price
- €600 searches and registration fees (approximately)
- €233 AIP permit fee (where applicable)
