The number of final deeds of sale relating to residential property amounted to 1,134 in October 2021 – a 7.6 per cent increase over the same period last year, according to figures released by the National Statistics Office (NSO).
The value of these deeds totalled €239 million, 19 per cent more than 2020.
The vast majority of these deeds – 92.7 percent – involved individual buyers, with companies making up the rest. The value of the deeds involving individual buyers (households) amounted to €203.6 million, equivalent to 85.2 per cent of the total value.
The highest number of final deeds of sale – amounting to 162 – were recorded in Gozo, closely followed by Żabbar, Xgħajra, Żejtun, Birżebbuġa, Marsaskala and Marsaxlokk, which totalled 140.
The lowest numbers of deeds were recorded in the area of Birgu, Isla, Bormla and Kalkara (21), and the towns of Attard, Balzan, Iklin and Lija (35).
Meanwhile, promise-of-sale agreements related to residential properties decreased by 16.1 per cent compared to October 2020.
‘We realise the importance of Gozo as part of our economy’ – FBO Regulator
Joseph Gerada on the Gozitan microclimate, the urgency of succession planning, and the importance of corporate governance
Malta sets up group to make share trades settle faster by 2027
The move aligns Malta with a broader EU-wide initiative to shorten settlement times
Is Malta emerging as a preferred hub for EMI licensing as Lithuania tightens oversight?
People are highlighting Malta’s positioning as an alternative jurisdiction to Lithuania when it comes to EMI licensing