Belair Property launches new office situated in Ta’ Xbiex Yacht Marina

Belair Property is excited to announce the launch of Belair Property Ta’ Xbiex, our latest office situated along the Ta’ Xbiex Yacht Marina. “This new addition to the group led by Kevin Deguara, adds 11 seasoned sales agents, each with extensive knowledge and expertise within the real estate market.  Belair Property Ta’ Xbiex is a […]

Property Related Budget Measures 2022

What’s New? The Malta budget 2022 for the local property market   Tax incentive for ‘Older’ type properties and property in Urban Conservation Areas Malta Budget 2022 has introduced an interesting tax benefit for those looking to purchase property in Urban Conservation areas (UCA) and older type properties.  This incentive seeks to encourage people to […]

Property Tax Incentives 2021

Talk to the Team   The first €400,000 of a property's value will continue to be subject to a lower rate of property tax until the end of the year, with the government having extended a measure first introduced last year.  The government would be extending it to promises of sale finalised by the end [...]

Covid-19 Maltese Property Market Reaction

  How has the Maltese property market been reacting to the Covid-19 pandemic? by Ian Casolani   2020 has obviously been a surreal and challenging year for everyone, no matter what sector one works in, or walk of life they come from. Yet, when considering what Malta, as well as the rest of the world is […]

Property Related Budget Measures 2021

  What you need to know:    ·   With effect from 20 October 2020, first time buyers will be exempt from duty on the first €200,000, increased from €175,000.   ·  The rate of duty on the acquisition of residential properties shall be reduced to 3.5% on the first €200,000 for second time buyers.   ·   The rate of […]

New Immovable Property fiscal measures( Covid-19 Economic Recovery Package )

  New Immovable Property fiscal measures – June 2020   The government announced temporary fiscal incentives for both property buyers and sellers, as part of a COVID-19 economic recovery package. This is effective as of 9th June 2020 until 1st April 2021:   Vendors: All final deeds signed during this period, whereby 8% or 10% final withholding tax was […]

Belair Property Mellieħa… Two Months Later

The beginning of great things is always the hardest, they say, and that is very true. Starting up a new real estate office is not a walk in the park. From taking the decision, to finding the right location, to the process of setting up and then finally open. Well, that is the easy part! […]