What do I need to know when buying property in Malta?
When we asked expats what advice they would give a foreigner before buying a property in Malta, they said...
"1. It is important to research the area you are interested in buying property in Malta, as different areas may have different regulations and taxes. 2. It is important to understand the different types of property available in Malta, such as apartments, villas, and townhouses. 3. It is important to understand the different types of ownership available in Malta, such as freehold, leasehold, and timeshare. 4. It is important to understand the different types of taxes applicable to property in Malta, such as stamp duty, registration fees, and capital gains tax. 5. It is important to understand the different types of financing available in Malta, such as mortgages, loans, and other forms of financing. 6. It is important to understand the different types of legal documents required when buying property in Malta, such as contracts, deeds, and title documents. 7. It is important to understand the different types of services available in Malta, such as property management, legal services, and financial services. 8. It is important to understand the different types of insurance available in Malta, such as home insurance, life insurance, and liability insurance. 9. It is important to understand the different types of permits and licenses required when buying property in Malta, such as building permits and development permits. 10. It is important to understand the different types of restrictions applicable to property in Malta, such as zoning regulations and heritage regulations," mentioned another expat when asked about moving to Malta.
Other Questions:
- What should I pack when moving to Malta?
- Where should I setup a bank account in Malta?
- Will I be able to find a job in Malta?
- What is life like in Malta?
- What do expats in Malta appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Malta?
- Is there a lot of diversity? Are people in Malta accepting of differences?
- What are the schools in Malta like?
- What are healthcare services like in Malta?
- What are medical services in Malta like?
- Are healthcare and health insurance expensive in Malta?
- What are emergency services like in Malta?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Malta?
- How are local medical facilities in Malta?
- As a foreigner living in Malta, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in Malta?
If you live in Malta, newcomers to Malta would love to hear your answer to this question: