The cost of buying property in Malta: taxes & fees
Purchasing property in Malta involves several one-off costs and recurring expenses. It’s crucial to be aware of these financial obligations to budget properly.
This guide outlines the different types of costs you can expect when buying property in Malta, including taxes, legal fees, and ongoing ownership expenses.
One-off Purchase Costs
When buying property in Malta, several significant purchase costs arise in addition to the property price. These typically include transfer tax, notary fees, and legal/conveyancing fees.
Frequently asked questions
What is the typical transfer tax when buying property in Malta?
Transfer tax varies between 1% to 8% of the property's value, depending on the purchase price. Always consult an official source for precise information.
Are there legal fees when buying property in Malta?
Yes, legal fees usually range from 1% to 2% of the property value. It's advisable to hire a qualified local lawyer.
What recurring costs should I expect as a property owner in Malta?
Recurring costs include approximately 0.1% to 0.3% annual property tax, utility bills, community fees if applicable, and insurance costs.
Can a non-resident obtain a mortgage in Malta?
Yes, non-residents may obtain mortgages, but the terms and conditions can vary. Consult with a local bank or mortgage advisor.
This guide is general information, not legal, tax or immigration advice. Rules change — verify the current position with official sources and a qualified professional before acting. Last reviewed July 2026.