Extension of the Special Designated Areas

By virtue of Legal Notice 181 of 2018, the list of Special Designated Areas has been extended to now include the Southridge Development in Mellieha.

In terms of Chapter 246 of the Laws of Malta, the following table would need to be followed for the acquisition of immovable property in Malta:

 

Maltese and EU Citizens –  both with 5 years continuous residence in Malta Maltese and EU Citizens – without 5 years continuous residence in Malta Non-Maltese and Non-EU citizens
Primary Residence No restrictions – No need to apply No restrictions – No need to apply Prior authorisation is required*
Secondary Residence or any other immovable property No restrictions – No need to apply Prior authorisation is required* Prior authorisation is required*
Property in a Special Designated Area** No prior authorisation is required and no limit No prior authorisation is required and no limit No prior authorisation is required and no limit
Immovable Property required for the person’s business activities’ or supply of services by such person No prior authorisation is  required and no limit No prior authorisation is  required and no limit No permit granted unless required for an industrial or touristic project or as a  contributor to the development of the economy of Malta

*An AIP (Acquisition of Immovable Property) permit would need to be applied for where indicated.

An AIP permit will not be granted if applicant has already acquired immovable property in Malta – an exception however lies with ‘Special Designated Areas’.

The current Special Designated Areas are the following:

  1. Portomaso Development, St. Julian’s, Malta
  2. Portomaso Extension I, St Julian’s, Malta
  3. Cottonera Development, Cottonera, Malta
  4. Manoel Island / Tigne Point, Tigne/ Gzira, Malta
  5. Tas-Sellum Residence, Mellieha, Malta
  6. Madliena Village Complex, Malta
  7. Smartcity, Malta
  8. Fort Cambridge Zone, Tignè, Malta
  9. Ta’ Monita Residence, Marsascala, Malta
  10. Pender Place and Mercury House Site, Malta
  11. Metropolis Plaza, Gzira, Malta
  12. Fort Chambray, Ghajnsielem, Gozo
  13. Kempinski Residences, San Lawrenz, Gozo
  14. Pender Place and Mercury House Site, Extensions I, II, III, IV and V, Malta
  15. Vista Point, Marsalforn, Gozo
  16. Quad Business Towers, Mrieħel
  17. Southridge, Mellieħa

 

For further information about how GVZH Advocates can help you with your real estate legal requirements, kindly contact us on realestate@gvzh.com.mt.

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