Real estate investment in Malta

Malta restricts the sale of real estate to foreigners: a buyer needs a special permit.

Statistics confirm the liquidity of investments: residential property prices grow by 1,2% each quarter. Five years ago, an apartment of 100 m² cost €241,000. Today it’s sold for €301,000.

€3,005

Average price per 1 m² of housing in Malta

€220,000

Minimum investment amount to get a residence permit

8—15%

Buyers’ related expenses, of the transaction amount

How the residential property price index is growing in Malta

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Cost of a 3-bedroom apartment in Malta

€3.5 million

Penthouse in Sliema, 100 metres to beach

€1.2 million

Apartment with a sea view, 500 metres from the beach

€240,000

Apartment in 2 km from the sea

Malta residence permit or citizenship by real estate investment

In Malta, there are state programs for obtaining a residence permit and permanent residence: Malta Global Residence Programme and Malta Permanent Residence Programme for investors.

One of the program’s conditions is renting or purchasing real estate. Maltese property owners can also obtain citizenship by naturalisation for exceptional services by direct investment if they pass a rigorous Due Diligence check and prove their ties to the country.

Taxes and associated costs

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Alevtina Kalmuk

Material prepared by Alevtina Kalmuk, Author and editor of articles about investment citizenship and residency

Updated:
26 April, 2024

Frequently asked questions

  • Can foreigners buy property in Malta?

    Yes, with limitations. Foreigners who want to buy real estate in Malta need a permit issued under the Acquisition of Immovable Property Act and only buy one property. However, these limitations don’t apply to property in the Special Designated Areas in Malta.

  • How much is real estate in Malta?

    Malta real estate prices are growing by 5—10% every year, and in some cases by 15—20%. For example, in the popular tourist region of the country, the Northern Harbor. The most inexpensive objects are located on the island of Gozo. The average price of 1 m² of housing is €3,005.

  • Is it worth buying property in Malta?

    Malta real estate is an investment that allows one to obtain a residence permit or permanent residence, as well as one of the conditions to obtain citizenship by naturalization on the basis of direct investment by exceptional merits.

    Investors are also attracted by the possibility of profitable investments in real estate. The price of Maltese properties is growing by 1,2% on a quarterly basis. If in 2017 an investor had bought an apartment for €241,000, today they could have sold it for €301,000.

  • Can non-EU citizens buy property in Malta?

    Yes, but there are limitations. Non-EU citizens who want to buy real estate in Malta require a permit issued under the Acquisition of Immovable Property Act and only buy one property. However, these limitations don’t apply to property in the Special Designated Areas in Malta.

  • How much are property taxes in Malta?

    Property buyers pay a one-time 5% tax. Aside from that, there are no property taxes in Malta.