Presentation Transcript
Malta Real Estate Agency Review :Malta Real Estate Agency Review Do not invest or purchase property in Malta before you read this.
Real Estate Investment in Malta :Real Estate Investment in Malta Not quite the best European market to invest in.
Although your trusted real estate agent might not agree, Malta is not quite the best European market to invest in.
However, it is Most Definitely The Safest ! :However, it is Most Definitely The Safest !
Slide 4:We've all heard, read and watched of the innumerable British, and other country citizens for that sake, who every year are lured into property scams by private contractors and Estate Agents in certain E.U. countries around the Mediterranean.
So many are 100 % scams.
Slide 5:Their prolonged anguish and sometimes astronomical sums of gambled money make headlines on certain Travel and Living Channels and NatGeoAdventur.
This never happens in Malta as a signing of deeds is protected strongly by Law and goes through a thorough research period that is beneficial for both buyers and sellers.
Slide 6:Read the following information taken from Frank Salt Real Estate Malta, probably the most reliable estate agency on the island. Learn all you can and rest assured that dealing with this company will save you all the hassles and uncertainties and gambles you would have to take if you had to invest elsewhere.
But first, Why Malta? :But first, Why Malta?
Slide 9:Malta and Gozo are charming Islands, situated in the centre of the Mediterranean Sea, with very easy access to all major cities in Europe and North Africa.
Great all year round weather.
Very friendly and hospitable people.
Very easy integration within local communities.
Slide 10:Relatively crime free and very safe to live in.
EU Member country offering political stability.
English and Maltese are the official languages of the Islands and all Maltese speak English fluently. Other languages also commonly spoken.
Easy to get help and services.
Excellent national and private hospital and medical services.
Slide 11:Abounding with history and cultural life.
Slide 12:Excellent social life for all age groups and a large selection of top quality restaurants and cafès with diverse cuisine.
Surrounded by crystal clear seas and several sandy beaches.
Very good sporting facilities. World class diving, sailing and other water sports.
Excellent schooling to above UK standards in English speaking schools and University.
Slide 13:Low cost of living and a wide variety of properties available in all price ranges.
Very stable property market offering steady capital growth.
Daily flights to all major European and North African airports with Low Cost airlines also offering a regular service.
Excellent residency conditions with very low taxation.
No rates or Council taxes are charged in Malta.
Slide 14:Should you so wish,
we can sort out your accommodation here
in Malta or Gozo for the duration of your stay,
and organize your inspection visits
to your choice of properties.
Slide 15:Our fully computerized, networked Branches ensure that details on every one of the several thousand properties listed on our database will be at hand for every client.
Once we know what your requirements and budget are, we can proceed to show you a choice of properties which we believe will suite you.If you are overseas, you may browse through the selection of properties listed on our website. This list is not exhaustive and we strongly suggest that you get in touch with us for further lists and assistance.
Slide 16:Once a property has been decided upon and price and conditions have been agreed, a convenium/preliminary agreement is signed between the vendor and purchaser.
This agreement binds both parties to purchase/sell the immovable property under the terms and conditions agreed upon. The signing of the final deed is, however, always subject to good title being proved and the issue of any relative permits to purchase.
The agreements and contracts are written in English.
Slide 17:On signing the preliminary agreement, a sum equivalent to 10% of the price is lodged with the agent or notary public as stake-holder.
This deposit will be forfeited in favour of the vendor should the purchaser fail to complete the final deed of transfer for no valid reason at law.
Slide 18:The agreement is usually valid for three months (term prescribed by law) or as mutually agreed by the parties.
During the period between the signing of the preliminary agreement and the signing of the final deed of sale, a Notary Public engaged by the purchaser will carry out the necessary researches into the property to confirm good title, as well as submit the application to purchase to the Ministry of Finance if necessary.
Slide 19:Once the relative permit has been issued
and researches have proved clear title to the property,
the final contract of sale may be entered into
- the deed of sale being drawn by purchaser's Notary.
Slide 20:The balance of the purchase price and Stamp Duty plus legal expenses are paid on the signing of the contract when vacant possession to the property is handed to the purchaser.
(1% of the stamp duty due is payable on the signing of the preliminary agreement.)
Slide 21:As you can see, purchasing property in Malta is by far the safest. The Law protects both the Buyer and the Vendor fairly as the sale must be a peaceful transfer confirmed by individual research by professionals.
Our services however also ensure that it will be an enjoyable one.
Contact us and tell us when you are visiting and we will set up your viewings comfortably. :Contact us and tell us when you are visiting and we will set up your viewings comfortably. thegoldenflowerco@gmail.com