Whether you’re looking for an investment property or a new home to live in, Malta’s real estate market has something to offer everyone. The ten-island archipelago offers everything from stunning beaches and amazing vistas to a bustling capital city and tranquil countryside. And for investors, Malta’s economy has been growing over the past decade, making it a great choice for buying property.
One of the most popular types of properties flats for sale in Malta are apartments, which have been gaining popularity among young professionals, international travellers, and retirees who prefer cluster living. Apartments typically feature a two-bedroom layout with living spaces at the front and bedrooms at the back. Bathrooms are located halfway between these areas, and the larger bedroom often has an en-suite bathroom. Apartments for sale in Malta range from brand-new luxury developments to traditional buildings with a warm golden stone exterior.
Aside from flats, Malta also has villas and houses for sale. The former are usually found in the older, more characteristic parts of the islands and feature detailed limestone facades and colourful wooden balconies. Houses for sale in Malta are also in high demand, and some even have their own private swimming pools or terraces.
For buyers who want a little more space, there are also townhouses for sale in Malta and Gozo. Generally found in the more residential areas of the islands, townhouses are multi-story homes that come with their own garden or backyard at the front, rear, or side of the property.
Malta is also known for its penthouses, which occupy the highest floor of a building and offer additional outdoor space, extra privacy, and exceptional views. If you’re interested in buying a penthouse in Malta, make sure to consult with a local real estate agent who can help you find the right property for your needs.
The process of buying property in Malta is relatively easy, and you can get started by hiring a notary or a lawyer who practices real estate law. Once you’ve done this, you can start comparing properties and negotiating terms with the seller until you reach an agreement. Then, you can proceed to signing a contract called a Konvenju, or Promise of Sale.
Once you’ve signed a Konvenju, it’s time to move into your new home. This can be a stressful period, but you can take steps to ease the transition by contacting a trusted estate agent to help you with all the paperwork. They can help you with all the steps from submitting your application for residence to signing the final contracts.
If you’re ready to buy a flat for sale in Malta, contact Dhalia today. Our team of property experts is here to guide you through the entire buying process and answer any questions you may have. You can browse our latest properties on our website, or give us a call to set up a tour of your dream property. We look forward to hearing from you!