Purchasing Property in Malta
August 28, 2008 · Print This Article
Okay, so you’ve earmarked the property of your dreams, made an offer, said goodbye to your friends and have actually started packing your bags on your way to sunny Malta . The Preliminary Agreement (Konvenju) has been duly signed and both yourself (as the buyer) and the seller are now bound to go ahead with the contract and to adhere to the terms and conditions set therein. Yes, the real estate market in Malta is very advantageous and buying property in Malta is hardly a complicated exercise!
But what does all this entail, in legal parlance?
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