Faq's - Property For Sale in Malta
FAQ's About Malta Property Direct
FAQ's – About Selling, Buying and Renting
How do I contact the owner/advertiser of a particular property I like?
Once you find a property that you are interested in, all you need to do is click on ‘Make an enquiry’, fill in the simple form, press send and your enquiry will be sent directly to the owner of the property. It is then up to the owner to contact you back.
What are your price plans to list my property on the website?
- Only €3.99 - 1 month inclusion (30 days).
- Only €4.99 - 3 month inclusion (90 Days).
- Only €8.99 - 6 month inclusion (180 Days).
- Only €14.99 - 12 month inclusion (365 Days).
Upload your property information >
What payment methods can i use to register my property?
We accept Credit/Debit cards or cheque as payment to feature your property at the site. Simply login and follow the step-by-step instructions.
How do I change my personal and property details on the website?
You can change your personal information and property information at anytime by logging in to the site and going to your account administration area.
When will my advert be online?
Your advert will appear on Malta Property Direct website immediately as long as your payment is successful.
What happens when I sell my property?
Once you have sold your property, kindly log in to Malta Property Direct, go to Account Administration area and delete your advert. Alternatively you can contact us directly by using the Contact Us page so we can remove your advert from our site
Do I need to upload pictures?
You don’t have to, but the chances of selling your property are much higher if you have pictures of it.
Can I advertise more than one property?
Yes of course. You can advertise as many properties as you want through your account however you will be charged per property. You can select different packages for each property.
Kindly be advised that if you attempt to list more than one property in one advert, your advert will be removed.
Is there a charge when I buy a property through Malta Property Direct?
No, Malta Property Direct does not charge buyers for using their services.
What is the current rate of stamp duty?
On the first €116,468 the rate is of 3.5 %. On the remaining sum 5 % is paid (being sole and ordinary residence), 1% of which is due on signing of Preliminary Agreement, remainder due on signing for final deed / contract.
If I own my own residence and want to buy a summer residence or a property as an investment, what is the stamp duty?
In this case stamp duty is 5%
If I own a property and want to buy the garage, what current rate of stamp duty do I pay?
The rate is of 5 % unless the garage is within 500 metres from the residence. In that case it is 3.5%
Are there any conditions for non-Maltese nationals buying property in Malta?
Yes, the main one being on prices, where a non-Maltese National cannot buy an apartment less than €104,509 in value, and not less than €174,133 for any other type of property. More information on non-Maltese Nationals purchasing property in Malta can be obtained.
Can a foreigner buy more than one property?
No, unless the property is situated in designated areas: Tigne Point, Pender Gardens, Tas-Sellum, Portomaso, Cottonera, Manoel Island, Chambray. In the case of EU nationals however, additional property can be purchased after having resided in Malta for 5 years.
If I am not Maltese, can I rent out my property?
Yes, if the property has a pool or communal pool, or is situated in stipulated designated areas (i.e. Tigne Point, Portomaso, Tas-Sellum, Ta Monita, Pender Gardens, Cottonera, Manoel Island, Chambray)
Do foreigners pay capital gains tax?
Yes, unless they have lived in the property for the past 3 consecutive years as permanent residence
What is the current rate of stamp duty for foreigners?
5%
Can a foreigner obtain a bank loan?
Yes, most banks will grant loans to non-Maltese Nationals. It is best to contact the banks for more information.
What is Freehold?
A freehold property means that the property is FREE from any annual payment (no ground rent).
What is a White Area?
It is an area that has the possibility of being within the building scheme at a later date.
What is a Green Area?
An area which in not within a building scheme, and the likelihood of it ever being built upon is extremely remote.
What is the size of a tumolo of land?
12100 sq.ft. 1140 sq.m.
Is a permit from MEPA required to carry out the following alterations?
Opening an arch?Yes
Changing the façade? Yes
Building conservatory in garden? No
Building a garage? Yes
Extending a room? Yes
Adding a bathroom? Yes
Internal changes? Yes
Do I have the use of the common areas when I purchase an apartment?
Yes. Usually you will also be required to pay an annual fee for the upkeep and maintenance of all common areas within the block.
If you purchase an apartment and you do not have use of or ownership of the roof, what rights and access do you have to the roof?
In such a case, you can use the roof to put up your TV aerial, have your water tank and carry out maintenance.
What is a convenium?
"Promise of sale", "Preliminary agreement", "Konvenju" all mean the same. It is a private agreement between parties (usually signed in the presence of a Notary) undertaking to sell/transfer property between them.
What is a deposit?
A non-refundable deposit paid on convenium on account of the price
If I have signed a convenium and paid a deposit, can the property be sold to someone else?
No
Can the price of the property increase between signing of convenium and contract?
No