Malta, with its sunny days all year round, excellent healthcare and cultural wealth, is an attractive island to stay and live in. Its blend of modern and historical makes it a unique spot that many travellers return to often, with a view to some day purchase their own property. Following Malta’s property boom when the rest of Europe saw falling property prices, only increased its appeal, as people flocked from all over the globe to one of the best performing euro zone countries. Property types on the island range from simple but spacious apartments, maisonettes, townhouses, villas, bungalows and houses of character, with features to suit every traveller’s needs. Whether you decide to reside in the property you purchase or whether you only return to it in the months which best suit you, we can help you with all your property needs.
Our team of property consultants, lawyers and tax specialists can assist you with managing your real estate when you are abroad, taking a holistic approach to the running and maintenance of your property. These services are fully comprehensive and include everything, from taking care of leasing and rent, checking upon the property, reporting on damages and fixes, co-ordinating with turnkey contractors for works to be carried out, handling all bills and expenses as well as cleaning of the premises. We can offer a tailor-made proposal which suits your property needs, while being your eyes on the island when you are away. Here at TACS we value the need to ensure that a safe home awaits your return and we endeavour to make it so, keeping the cogs turning so you can fit back in, seamlessly.
TACS can also help you deal with legal and tax matters that concern the property, with expertise in all these areas to guarantee an optimum service throughout. Should you wish, our team can provide counselling on property acquisition, working hand-in-hand with banks, notaries and architects to guide you through the process efficiently. Our expertise ranges across the property board, with a portfolio that includes both residential and commercial property handling.
In Malta, intra-family donations enjoy tax benefits, particularly in the context of reduced stamp duty rates for property transfers among close relatives in family businesses The reduced rates contribute to family estate planning by minimizing the financial burden associated with such transactions. Malta’s progressive stamp duty system ensures that transfers between family members are subject to more favourable rates, fostering intergenerational wealth transfer and financial planning. As tax professionals, we can consult you on these tax benefits for maximising your wealth management and family succession.
At TACS, due to our extensive experience in property, can guide you and provide you with valuable insights on investing in property. We analyse the real estate market, identifying lucrative investment options based on factors such as location, market trends, and potential returns. By staying updated on regulatory changes and market dynamics, we can help clients navigate the complexities of property investment, maximize returns, and mitigate risks. We can contribute to strategic decision-making especially when it comes to succession and wealth management, making us essential partners for individuals seeking to capitalize on the diverse and dynamic property market in Malta.
