Buying a property in Malta?
Enter the property price to estimate how much you should have set aside at each stage of the buying process.
Estimated Savings Needed
€44,430
Estimated amount you'll need throughout the buying process
At Promise of Sale
€31,350On Loan Approval
€1,310At Final Deed
€11,770Move-in Costs
—Based on €300,000 property · First-time buyer · Standard property · 10% deposit
Promise of Sale (Konvenju)
Money you need saved by the time you sign the Promise of Sale
Amount needed at Promise of Sale
Typically 1-4 weeks after your offer is accepted
Typically 1-4 weeks from offer
10% Deposit
10% of property price
Stamp Duty - 1% provisional
1% of the total 5% duty - first €200,000 exempt
Architect (Perit) Fees
Estimated cost - varies depending on architect
Bank Loan Approval & Sanction Letter
Money you need saved by the time your home loan is formally approved
Amount needed on loan approval
Typically 2-3 months after signing the Promise of Sale
Typically 2-3 months from Konvenju
Bank Processing Fees
Refundable0.3% of loan amount (price − deposit)
Home Loan Insurance
~0.1% of replacement value (estimate)
Life Insurance
Typically €100–€300 per year
Final Deed
Money you need saved by the time you sign the Final Deed
Amount needed at Final Deed
Typically 3-6 months after signing the Promise of Sale
Typically 3-6 months from Konvenju
Bank Legal Fees
Flat fee
Notary Fees
Estimated at 2.5% of the property price for budgeting purposes. Actual fees may vary.
Remaining 4% Stamp Duty
4% of amount over €200,000 (first-time buyer exemption)
Move-in Costs
Optional costs after purchasing the property
Optional costs after purchase