First Time Buyers Prepared for Purchasing Property in Malta

By now you should be sat down, relaxed and at ease with the peace of mind that you now have the information and knowledge on how to go about buying your first property in Malta.

If you are still in doubt don’t forget there are professional companies who are more than willing to help you and answer any particular questions that you may have.

Our aim has been to give you hope in that you can find a property in malta, provide you with sound advice and help you get to grips with some of the main terminology.

You are now well armed and should have the the confidence to know ;

What to do :

• have clear & realistic objectives
• understand the traditional three stages of buying property
• decided on your budget
• decided on your preferred location

When to do it:

• going to an estate agent
• viewing properties
• going to a bank if a mortgage is necessary
• contacting a notary to take care of the convenue/konvenju (contract of sale)
• understanding the process and fees of an estate agent & notary

What to expect:

• know the three main conditions of buying a property (shell, semi-finished & finished)
• having an understanding of which property condition best suits your situation
• have an insight into what First Time Buyer’s are buying
• have a good overview of what are the most common types of properties that are bought
• know what the main types of properties are
• having an understanding of the benefits of each different property type
• realising which property type best suits you
• an overview into general questions that are often asked by First Time Buyers.

All the information provided has been general and remember nothing is set in stone.

Everybody is individual and all properties are individual. Your needs and wants could even change during this process and also whilst you are viewing property. Don’t worry be flexible and just adapt to this change as it’s quite a normal reaction to have.

Be confident that you will find the property you want and ask for advice if you need it.

We wish you luck and congratulate you on soon becoming a home owner

1. Property site Says:
   March 31st, 2010 at 11:17 am

   Thanks for providing really good information regarding real estate.

2. Continuum Condo Says:
   July 7th, 2010 at 6:52 am

   Real very good real estate blog I have ever seen. Good going, Keep it up

3. North Bay Village Houses Says:
   July 19th, 2010 at 9:24 am

   Real estate blogging encourages a culture and principle of RESPECTFUL debate. Great stuff as usual…. Thanks for this.

4. Homes For Sale Miami Beach Says:
   August 17th, 2010 at 5:24 am

   Has anyone done a short sale in Real estate? Let me know what the lenders are looking for. Anyway thanks for this great post.