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A Guide to Buying Property in Malta

14/01/2011

Malta is an ideal destination for setting up business, investment, retirement or to own a second home in Europe.


Author: Dr Maria Chetcuti Cauchi
 

The Maltese Islands
The serene landscape in the middle of the Mediterranean and its Neolithic and timeless architecture has made Malta a magical destination. Malta's Mediterranean climate with mild winters and hot dry summers, coupled with a low crime rate, serene way of life and relatively low cost property entices foreigners to purchase property in these small islands.

Types of Properties 
There is a wide variety of properties on the local market ranging from the high-end villas and villa apartments to houses of character, maisonettes, town houses and apartments.

A number of Special Designated Areas exist in various locations in Malta and Gozo. These are areas comprising high quality, exclusive residential or commercial properties such as Fort Chambray, Portomaso Development, Cottonera Development, Manoel Island/ Tigne Point, Tas-Sellum Residence (Mellieha Project), Madliena Village Complex, Fort Cambridge Zone Tigne, Ta’ Monita Residence Marsascala, Pender Place and Kempinski Residences San Lawrenz Gozo.

Buying Property Via Companies
It has become increasingly popular to buy property in Malta through a company. This is usually used in order to use the retained earnings within the company directly. There is no distribution from the company to the personal shareholders, and therefore there is no additional dividend tax. This can be also used for asset protection purposes.

Malta - an ideal destination for any investor wishing to invest in Europe.


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 Buying Property in Malta

 



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