7.07.2020

Are you buying, developing, renting or leasing residential or commercial property? Whether you are a company or an individual (foreigner or local citizen), it is important to be aware of the rights linked with property acquisition before entering into such an important deal.

Lack of information or misinformation could lead to several complications. In the case of property, this is not something to be taken lightly.

Buying such a fixed asset is a lifetime commitment, and misinformation could make the what’s supposed to be an exciting purchasing process certainly an unpleasurable period with the possibility of having to face complications for a number of years. This suggests that it is utterly important to seek professional assistance, especially if you are a foreigner looking to purchase immovable property in Malta.

Legal assistance will ensure that all legal requirements are followed correctly especially when dealing with:

  • Financing
  • Taxation
  • Permits requirements
  • Landlord obligations

Apart from property lawyers, real-estate transactions experts as well as consultants will give you the full picture of your deal to ensure a smooth property transaction. Such assistance is provided by us at Fairwinds Management Limited. Apart from highlighting the benefits linked with the purchasing of a property, our professional team with extensive experience can also assist non-residents in successfully processing AIP Permits at the CTD (Capital Transfer Duty) Department.

More information about property law can be found here. You can also get in touch directly with our Director, Dr. Adrian Sciberras FCCA, MIA, CPA, LL.B.(Hons)(Melit.), M. Adv (Melit.) on asciberras@fairwindsmanagement.net