How to successfully choose real estate in Malta for immigration
Malta has several options for those who want to relocate there. This includes investing in
real estate under the Malta Global Residency Program. This guide explains how to select the best eligible titles and immigrate to Malta.
Reasons to invest in Maltese real estate
1. Eligibility for investment programs. Investors in Maltese real estate gain access to
residency programs, such as MGRP with property investment, or Malta Permanent
Residency Programme.
2. Strongly and steadily developing real estate market. Malta’s real estate market grew
by over 40% between 2013 and 2023. High-demand areas like Sliema, St. Julian’s, and
Valletta attracted both local and international buyers. Rental yields remain strong, especially
in urban and Special Designated Areas (SDAs), where foreign buyers face fewer restrictions.
3. Possibility of returning the investment. Depending on the program, investors can resell
the property in 5 years.
5. Second residency. After becoming lawful residents, investors can freely enter or leave
Malta any time, and live in the country without restrictions.
4. Safe and thriving environment. The Global Peace Index consistently ranks Malta
among the top 30 safest countries globally. In terms of quality of life, Malta's healthcare
system is ranked 5th in the World Health Organization’s 2024 report. High employment
rates, along with strong infrastructure and education systems, further enhance its living
standards.
What immigration path to choose when buying real estate in Malta?
There are several ways to obtain a Malta residence permit by real estate investment.
1. Malta Global Residence Programme. Requires buying real estate either for €220,000+
in the south of Malta or Gozo, or for €275,000+ in other regions.
2. Malta Permanent Residence Programme. Requires purchasing real estate either for
€300,000+ in the south of Malta or Gozo, or for €350,000+ elsewhere in the country.
3. Malta Citizenship by Naturalisation for Exceptional Services by Direct Investment.
Requires investing at least €700,000 in residential real estate.
What types of properties in Malta to consider?
Investors in Malta can choose from a variety of residential real estate types, including:
● apartments; common in urban areas and popular for both short-term rentals and
long-term living;
● penthouses; often featuring rooftop spaces and offering premium views, especially
in coastal towns;
● townhouses; traditional Maltese homes, usually found in older, more historic areas;
● villas; larger properties with more land, often found in quieter, upscale areas;
● farmhouses; typically found in rural areas, especially in Gozo, offering more space
and traditional architecture;
● maisonettes; a form of housing where the unit occupies part of a building but with its
own separate entrance;
● luxury developments; high-end, modern complexes, usually in prime locations such
as waterfront areas.
The real estate market in Malta is strong, boosted by the country’s appeal for investors and
residents.
Residential property prices in Malta are increasing by 3—6% annually, as reported by
Eurostat. Modern business-class apartments have been leading the way, showing values
rising by 18—25% annually during construction and about 10% after completion.
Investing in real estate at the development stage is currently the most profitable in Malta,
with price increases nearly twice as high as those for completed properties. Rental yields
range from 3.5 to 6% per year, providing strong returns for investors.
Special Designated Areas (SDAs) in Malta let foreign buyers purchase property without
special permits. Both EU and non-EU nationals have the same rights as locals, including the
ability to buy multiple properties and rent them out right away. Real estate options range
from apartments and penthouses to villas and duplexes.
Popular SDAs like Tigne Point, Pendergardens, and Fort Cambridge offer top facilities such
as pools, gyms, and underground parking. These developments are close to schools,
shopping, and public transport. Residents also enjoy quick access to everyday needs like
shops and restaurants, often just minutes away.
Where to find the best property in Malta?
Valletta. The capital has a high demand for property due to its central location and historical
significance. Apartments and townhouses are common, and the limited availability keeps
prices stable.
Average price per square meter ranges between €3,000 and 4,000.
Sliema. The city is known for its coastal location and is popular with foreign investors. It’s a
hub for shopping, dining, and modern apartment living, with properties often purchased for
rental income.
Average price per square meter is between €4,500 and 6,500.
St Julian's. This place is a center for business and nightlife. Modern apartments and luxury
penthouses dominate the market, attracting professionals and investors alike.
Average price per square meter is between €5,000 and 7,500.
Mellieha. Mellieha offers a quieter lifestyle with properties ranging from apartments to larger
homes. It’s popular for those looking for a more relaxed environment.
Average price per square meter is between €3,000 and 4,500.
Gozo Island (Victoria). The island offers more affordable options compared to mainland
Malta. It’s an attractive choice for second homes and vacation properties.
Average price per square meter ranges between €1,500 and 3,500.
Expenses to expect when buying real estate in Malta
Fees include:
1. Notary fee, which is 1—3% of the property value, plus 18% VAT.
2. Agency fee — 1.2% of the property value. If an investor buys real estate through a
licensed agent, they don’t have to pay VAT. Otherwise there's an additional 18%
VAT.
3. AIP permit, if applicable — €233.
4. Professional architect valuation — €300.
Taxes include a 5% stamp duty paid one time, when signing the agreement. There is no
annual property tax, but if the property is on leased land, there will be an annual land tax,
ranging between €40 and 250.
Step-by-step process: purchasing property in Malta
1. Safe title selection. Avoid common pitfalls such as outdated ads, sellers preferring EU
buyers for faster transactions, solo agents with inflated fees, or fraudulent unlicensed
agencies with no right to provide immigration services.
Look for a reputable licensed agent with its own notary services. That way, you can select
property safely, and even remotely. Your documents will be processed via proxy.
2. Preliminary agreement. A notary draws up a preliminary purchase agreement. It
specifies the property's cost, deposit amount, purchase purpose, and any repairs the seller
must perform.
The parties sign the agreement. You then must make a deposit, typically between 10% and
15%.
3. Purchase approval. Your notary informs the Ministry for Finance of Malta about the
transaction in order to get it registered. If required, you will be issued an Acquisition of
Immovable Property (AIP) permit at that stage.
4. Transaction fulfilment. You and the seller sign the final purchase agreement. You must
then transfer the remaining funds, and pay fees and taxes.
5. Property registration. The notary forwards the final purchase agreement to the Public
Registry of Malta, and then registered the property in the Land Registry of Malta. In the end,
you receive a certificate of ownership.
In a nutshell
To successfully choose real estate in Malta for immigration, focus on eligibility for investment
programs, opt for high-demand areas like SDAs, and work with licensed agents. Consider
urban properties for rental yields and follow the clear step-by-step process for safe
transactions.