Why buy real estate in Malta and Gozo? 

Malta is made up of three main islands: Malta, Gozo, and Comino, all of which are located in the Mediterranean Sea. The Maltese islands have a rich history, architecture, cuisine, stunning beaches, and resorts, making them the perfect destination to invest and buy Malta and Gozo real estate. Thanks to our guides, local and foreign residents willing to purchase real estate on the Maltese islands, either to relocate or as a rental investment, can learn more about why buying the hottest property in Malta and Gozo is a great investment.    

Furthermore, before starting the process of searching to buy a residential property in Malta, there are a few government schemes like the first-time and second-time buyer schemes, which you can benefit from. All Maltese and EU citizens are eligible for both first-time and second-time buyer schemes offered by the Maltese government. However, residents from non-EU countries cannot benefit from both schemes as they need to apply for an AIP permit to buy Malta real estate. Learn more, in detail, about 10 reasons why you should purchase Malta property.

Most common types of property

Malta and Gozo homes come in a variety of shapes and sizes. Apartments, townhouses, villas, and historic homes are among them. Each sort of Malta property for sale or rent has its own characteristics and features. Thanks to our property listings, all the available property types listed for sale or to rent in Malta and Gozo can be easily viewed according to your needs and wants. Here are a few examples of the most common types of Malta and Gozo properties include: 

Apartments

Flats or apartments for sale in Malta and Gozo are the most popular types of real estate to purchase. Read more, about the types of apartments available on the Maltese islands.

Maisonettes

A maisonette involves a type of property in Malta and Gozo that has its own entrance from outside a building. View the the different types of maisonettes available for sale on the Maltese islands.

Houses of Character

Many houses of character for sale in Malta and Gozo have traditional architecture and unique elements which can be distinguished from other property types.

What type of buyer are you?

Buyers purchasing residential property in Malta and Gozo can be divided into four main types. These four main buyers consist of first-time buyers, second-time buyers, property investors, and retirees or foreign workers willing to relocate and purchase property for sale or rent in Malta. Explore the different government schemes tailor-made to all local and foreign buyer types before buying or renting Malta real estate.

Benefits of buying real estate in Malta and Gozo

Unlike in the rest of Europe, buying Malta and Gozo real estate, like a farmhouse or apartment for sale, has proven to be a rewarding enterprise in a stable market. Irrelevant if you are a local first-time buyer or a foreign investor, purchasing property for sale in Malta has many advantages. The following are some of the advantages of acquiring a home on the Maltese islands:

  • Resale of property is allowed Repatriation of full resale price, including profits after taxes, without complications, 
  • Mortgages are available for property purchased by non-residents or non-Maltese citizens residing on the islands. Once permission is granted by the Central Bank of Malta, you can borrow as much as you wish from the local banks within the established commercial conditions. 
  • You can rent out your property to third parties.

Other benefits 

  • Guaranteed Return on Investment (ROI) that has been shown;
  • No wealth or ownership tax;
  • Simple final withholding tax of 5% to 8% on sale (no additional capital gains tax);
  • Stamp Duty of 5%;
  • Rental income is taxed at a flat rate of 15%; and
  • Transfers of immovable property are exempt from VAT.

In summary, Citizens of an EU Member State enjoy the benefit that they can buy their first residential home in Malta without restriction. Permits are not required in most cases and when they are permitted, they are easily issued to all bonafide purchasers without any major requirements. Read more about a complete guide to buying property in Malta.

The buyer match

The Automatic Buyer Match consists of an intelligent software, that was developed by us. This buyer match software specifically notifies buyers searching to purchase any type of Malta and Gozo real estate listed with RE/MAX Malta about recently reduced listings or new listings on the property market. You can also view and add property agents and any type of home on your wish list, even those registered as sole agency listings and priority property listings. Start using our software today, through our website, to be the first to hear when the property of your dreams becomes available on the market.

Why choose RE/MAX Malta?

Other than being customer-oriented, one of the major strengths of being affiliated with an International franchise like RE/MAX is the infrastructure and resources available at our perusal. Irrelevant if you are buying, renting or selling your property, our dedicated Malta property agents have access to the industry’s most extensive education and online training programs, putting them in a good position to provide you with the high-quality service you deserve.

We ensure that all buyers and sellers are updated with current market trends and provide you with up-to-date and transparent information and feedback so that the buyer is in a position to make knowledgeable purchasing decisions throughout the buying process. This approach has not only reaped fruit since we were established but has been a key element to building lifelong relationships with our customers.