Buying Property in Malta: Process, Costs, and What to Expect

As one of Europe’s more accessible property markets for international buyers, Malta combines an English-speaking environment with legal transparency and an established purchasing framework – attributes that have helped make Malta a consistent point of interest for both lifestyle buyers and internationally mobile individuals. 

But while the buying process is relatively straightforward, it is also highly structured. Understanding how it works in practice (from initial agreement through to final acquisition) is essential for navigating the market with confidence. 

An Accessible Market with Clear Frameworks

Property ownership in Malta is open to both EU and non-EU nationals, supported by a well-defined legal process that provides clarity at each stage of the transaction. 

For international buyers, the structure balances accessibility with regulatory oversight. While there are additional requirements in certain cases, particularly for non-EU nationals, these are clearly defined and widely understood within the market. 

Compared to many other jurisdictions, the process is considered efficient, with established timelines and a strong role played by legal professionals and notaries. 

The Buying Process: Step by Step

1. Property Selection and Offer

The process typically begins with identifying a suitable property and agreeing terms with the seller.

At this stage, pricing, timelines, and any conditions of the sale are discussed and negotiated. Once both parties are aligned, the transaction moves into a formal contractual phase. 

2. Promise of Sale (Konvenju)

The next step is the signing of a Promise of Sale agreement, known locally as the Konvenju.

This is a legally binding preliminary agreement between buyer and seller, which outlines: 

• The agreed purchase price 
• The timeframe for completing the transaction 
• Any conditions that must be satisfied before the final transfer

At this stage, the buyer typically pays the Notary a deposit of approximately 10% of the purchase price. The Konvenju period generally lasts between one and three months, during which due diligence is carried out, though timelines may vary depending on the complexity of the transaction. 

3. Due Diligence and Legal Checks

Following the signing of the Konvenju, the notary conducts a series of legal checks on the property.

These include: 

• Verification of ownership 
• Searches for privileges, hypothecs, debts, or other encumbrances 
• Review of relevant permits, plans, and property documentation 
• Land registry and public registry searches

This stage is critical in ensuring that the property can be transferred without legal complications.

4. AIP Permit (Where Required)

For non-EU nationals purchasing outside of designated zones, an Acquisition of Immovable Property (AIP) permit is generally required, unless a specific exemption applies.

This permit allows foreign buyers to legally acquire property in Malta and is subject to minimum property value thresholds, which are updated periodically.

The process is relatively straightforward, with a fixed government fee and clearly defined eligibility criteria.

Importantly, properties located within Special Designated Areas (SDAs) are exempt from AIP requirements, offering a more streamlined route for international buyers.

5. Final Deed and Transfer

Once all conditions have been satisfied and due diligence is complete, the transaction proceeds to the final stage.

The Final Deed of Sale is signed before a notary, at which point: 

• The remaining balance of the purchase price is paid 
• Ownership is formally transferred to the buyer 
• The transaction is registered with the relevant authorities

At this stage, the buyer receives full legal title to the property. 

Costs of Buying Property in Malta

In addition to the purchase price, buyers should account for several associated costs. 

Stamp Duty

• Approximately 5% of the purchase price 
• Typically paid in two stages: 
• 1% upon signing the Konvenju 
• 4% upon signing the final deed 

Notary Fees

• Typically between 1.5% and 2.5% of the purchase price 
• Covers legal checks, contract drafting, and registration 

Additional Costs

• Approximately 0.5% to 1% 
• Includes property searches, registry checks, and administrative expenses 

While these costs are standard within the Maltese system, they should be factored into the overall transaction budget from the outset. 

Special Designated Areas (SDAs): A Distinct Option

For international buyers, Special Designated Areas represent a notable feature of the Maltese property market. 

These developments, typically located in prime coastal or urban areas, offer several advantages: 

• No requirement for an AIP permit 
• Ability to purchase multiple properties 
• Streamlined purchasing process 
• Strong appeal for both personal use and, where licensed and structured, rental purposes 

Examples include Portomaso, Tigné Point, SmartCity, and Fort Cambridge, among others. 

For many internationally mobile buyers, SDAs provide a simplified route into the Maltese property market. 

Timelines and Market Dynamics

The property transaction process in Malta is generally efficient by international standards. 

From signing the Konvenju to final deed, transactions are typically completed within one to three months, depending on the complexity of the purchase and any additional requirements. 

At the same time, the market itself can move quickly. Well-priced properties, particularly in prime locations, may attract multiple buyers, making preparation and clarity of intent important when entering the market. 

A Structured and Transparent Process

One of the defining features of buying property in Malta is the level of structure and clarity built into the process. 

From the Konvenju through to the final deed, each stage is clearly defined, with legal oversight ensuring that transactions are completed securely and transparently. 

For international buyers, this provides a level of confidence that is not always present in less formalized property markets. 

A Practical Step Within a Broader Strategy

Property ownership in Malta often forms part of a broader set of considerations, which may include: 

• Lifestyle and relocation planning 
• Rental income potential 
• Long-term asset diversification 
• Access to European markets 

Understanding how the purchasing process works is therefore not just about completing a transaction, but about ensuring that property ownership aligns with wider objectives. 

 

At Latitude, we support clients throughout the property acquisition process, from identifying suitable opportunities to coordinating legal and administrative steps. Our role is to provide clarity at each stage and ensure that property decisions are aligned with broader lifestyle and international planning considerations. 

To learn more about buying property in Malta, or to explore available opportunities, get in touch with us. 

To read our article Malta Property Hotspots: Where International Buyers are Focusing, click here.