Malta
Finding a reputable law firm in Malta can be a minefield - why not let The International Property Law Centre LLP take the stress out of the legal aspects of your Maltese property purchase.
The International Property Law Centre LLP provides specialist Maltese-speaking lawyers, who are based in the UK and who can help you with your property purchase in Malta, via a step by step guide. Our independent team of solicitors offer a straightforward alternative to the complexity of sourcing legal services overseas, saving you valuable time and money.
Why not make the procedure of buying your property in Malta as stress free as possible by instructing The International Property Law Centre LLP to handle your conveyancing. The practice offers not only a comprehensive Maltese conveyancing service, but also assistance in a wide range of legal matters, in your chosen jurisdiction.
The flight time from London is 3 hours. Air Malta is the national carrier operating scheduled flights. Other carriers including British Airways fly to Malta. Usually cheaper then either of these are charter flights, which go from London and most UK regional airports to Malta with prices starting from about £60.00. There are no bargain operator flights to Malta.
There are no direct flights to Gozo. There is a ferry connection between Malta and Gozo which takes approximately 25 minutes between Cirkewwa (Malta) and Mgarr (Gozo), or a helicopter operated by Malta Air Charter, a subsidiary of Air Malta. The flight takes 15 minutes from Malta airport to Xewkija heliport on Gozo and costs Lm 18 (£28.00) single or Lm 27 (£45.50) return.
Those with a permanent resident status get ferry and helicopter tickets at a reduced rate.
Malta and its smaller companion Gozo, are both developing a roaring trade in real estate. Malta has long been popular, especially with the British who represent 60% of the expatriate population there. In the last three years there has been burst of activity in property development. This is largely due to the forward thinking Maltese Government’s policy allowing Maltese Citizens to repatriate their funds from hidden offshore accounts at a miniscule rate of tax (as low as 3%). The total finds from this money came nearly 300 million pounds, much of which has been invested in real estate causing the present modest but noticeable property boom. Prices on Malta have risen by 20-30% in the last three years, and in some swanky new developments by as much as 40%. Prices are good value rather then cheap, and they are related to the area and proximity to the sea; though as everywhere on Malta is a half an hour by car from the coast, being in land is not too much of a sacrifice. On Gozo which is a mere nine and a half miles by four and a half miles, being inland is even less of a deprivation and prices there were traditionally cheaper than on Malta but are catching up fast.
If you are thinking of renovating an old building bear in mind that building standards on Malta are very variable as there is no standard training provided.
What next?
If you are thinking of buying a property in Malta then why not talk to an expert in international law who can help you avoid any pitfalls. Please contact us to discuss your purchase or call us now on 0844 578 5003.
The International Property Law Centre LLP
London Office: Frazer House, 32-38 Leman Street, London E1 8EW.
Tel: 0844 578 4003. Fax: 0844 578 4001.
(Telephone from abroad: +44 (0)207 173 6180. Fax from abroad: +44 (0)1482 240 192.)
Hull Office: 14 Scale Lane, Hull HU1 1LA.
Tel: 01482 224 900. Fax: 01482 240 192.
(Telephone from abroad: +44 (0)1482 224 900. Fax from abroad: +44 (0)1482 240 192.)
Email: info@iplc.co.uk
Regulated by the Solicitors Regulation Authority.
Registered address: 14 Scale Lane, Hull HU1 1LA.
The International Property Law Centre LLP is registered in England number: OC337700.
A list of the members of the LLP is displayed at the registered office as above.
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