Real estate in Malta is a great opportunity for those looking to rent or buy property for permanent residence or citizenship by investment. The country has a wide range of real estate options, including chic new-build apartments, historic houses, terraced villas and converted palazzos. Most buyers purchase their homes through a local buying agent or international broker, but this can come with a fee.
What are the disadvantages of living in Malta?
For those interested in a more laid-back lifestyle, there are traditional villages in the northern islands of Gozo and Zebbug, where property prices are less expensive. These areas also have a tranquil atmosphere away from the hustle and bustle of the cities.
The purchase of residential real estate in Malta is relatively simple. There are no restrictions on purchasing properties outside of Special Designated Areas (SDA) for owner-occupancy purposes, although this requires a permit from the authorities. Non-Maltese citizens can also buy SDA properties and rent them out without restrictions, provided they meet the minimum investment requirements. The purchase process can be completed online with the help of lawyers and a notary, so an investor does not need to travel to Malta.