Buying an apartment in Qawra

Hiya Ladyowl,

I have purchased 2 properties so far in Malta and as long as you have a decent notary then there really isnt to much problems. 

Normally have to pay Stamp duty and deposit on signing of the Konvenju (Promise of Sale) which works out about 10% and the Notary fees are about 1%.

Stamp duty is 5% in total.

If you need any further info them please PM me and i will try to help

Julian

Hi Thank you for your response.  Do you know a good notary?

Are you an EU citizen ?
will it be your primary residence ?

I've PM'd you a link that covers the following

1. What property can I buy ?
2. what additional costs are there ?
3. what is the procedure ?
4. should I use a lawyer as well as a notary ?
5. Can I rent out my property ?

scubaboy wrote:

Stamp duty is 5% in total.

"In the case where the property being purchased is to be the main residence and no other property results to be under the name of the buyer in question, then the first €116,468.67 are subject to a discounted /!\ I AM A STUPID SPAMMER /!\.5%. The remaining balance will be subject to the normal rate of 5%. This concession is applicable only to EU citizens."