Purchasing Property Conditions

Conditions for purchasing property apply to:

• Non-EU Nationals
  
• EU nationals who have NOT continuously lived in Malta for at least 5 years and
  
• EU nationals who are NOT intending to purchase their primary residence.

Those in any of the above categories, are bound by the following conditions:

• The value of the property must be above
  € 95,000 (Lm40,783) for apartments and maisonettes
  €155,000 (Lm66,541) for houses
• The property is to be used solely as a residence for the applicant and/or family. This condition may be waived if a rental permit is obtained.
• Proof that the funds for the purchase have originated from abroad.
• No more than 1 property can be purchased unless the properties are in “Special Designated Areas”: Portomaso, Tigne Point, Fort Chambray (Gozo), Selmun, Cottonera Waterfront.
• Unless in a Special Designated Area, an AIP (Acquisition of Immovable Property) permit is required from the Ministry of Finance. http://www.aip.gov.mt. This costs €233 (Lm100) and usually takes 3 months to receive.