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The Renewal of the Property Price Index

22 Aug , 2016  


The Government of Malta has recently revised the property price index with effect from the 26th of July. The article which has been amended relates to an individual who is a non-resident of Malta, buying residential property for sale.

In this case the prices of immovable property have been revised to:

  • €110,469 for the case of flats and maisonettes and
  • €184,064 in the case of Villas, Townhouses and any other type of property.

Many foreigners are attracted towards Malta for its distinctive lifestyle, its warm climate, its culture and geographical location. Malta also offers beneficial fiscal policy schemes and flat tax rates which attracts various foreigners to relocate or set up their business in Malta.

Malta Sotheby’s International Realty would be please to assist you in the process and to make your move to Malta as seamless and smooth as possible.

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