You can see in this presentation the main steps to take in order to sell a property in Malta. For legal assistance in buying or selling real estate in Malta, please visit us at: http://www.lawyersmalta.eu/.

1. Sale of a Property in Malta
A presentation brought to you by our lawyers in Malta
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2. Selling Property in Malta
Malta is one of the islands that attract
tourists every year, which is why selling
a property can bring good returns.
The country is attractive not only as a
touristic destination, but also as a
business location and selling
commercial real estate property is
very advantageous.
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3. Agreements When Selling
a Property in Malta
The first step when selling property in
Malta is to hire a public notary who will
draft the preliminary agreement and
later on the sale-purchase
agreement.
The seller and the buyer must agree
on the terms and special conditions of
the sale.
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4. The Promise for Sale
Agreement in Malta
Once the buyer and the seller reach
an agreement regarding the final price to
which the property will be sold, they
will sing a preliminary agreement.
A promise of sale agreement valid for
three months must be signed by both
parties.
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5. Real Estate Due Diligence
in Malta
Not only the buyer is entitled to perform
due diligence procedures, but also the
seller.
Before selling a property, one can ask for
the legal services of Maltese lawyers
who will verify the background of the
buyer.
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6. Steps When Selling a
Property in Malta
When signing the preliminary contract,
the buyer will usually pay 10% of the
selling price.
Once the transaction is completed, the
buyer and the seller must go to the
Malta Land Registry and transfer the
property to the new owner.
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7. Obligations of the Seller
in Malta
The seller must comply with all the terms
of the sale contract with respect to any
work to be completed upon the sale.
The seller must also inform the buyer
about any encumbrances on the
property.
The seller must also announce the buyer
if any special permits are required.
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8. Transfer of Ownership After
Selling a Property in Malta
After the sale of the Maltese property
has been completed, the final sale
agreement must be submitted with the
Maltese Land Register.
The final agreement must be filed
within 15 days from the sale of the
property so that the transfer of
ownership can be completed.
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9. Taxes on Real Estate
Property in Malta
When selling a property in Malta, the
Government imposes certain taxes:
 government stamp duty,
 notary tax,
 acquisition of immovable
property permit (if applicable),
 agency fees, if applicable,
 legal fees,
 final withholding tax.
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10. Assistance in Selling
Properties in Malta
If you are interested in selling or buying a
property in Malta, our lawyers can guide
you through the process.
Our law firm in Malta can also assist you
in real estate due diligence procedures.
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11. Thank you for your attention!
For more information, please contact us at:
(+44) 203-287 0408 (for international clients)
office@lawyersmalta.eu
www.lawyersmalta.eu 11