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Simply put, when it comes to purchasing a property in an SDA, foreign buyers have the same rights as locals.
It’s that simple. There is no need to sign up (and pay for) an AIP, which would be a necessary step if purchasing a property outside an SDA.
In addition, any buyer (foreign or local) can purchase a property in an SDA to rent as an investment property.
Each SDA has its own charms, special set of amenities and unique selling points. This can depend on the location or even the size of the development. Some SDAs cater for city-dwellers looking for style and glamour, whereas others lean more towards giving people privacy, space and seafront tranquility.
Virtually all SDAs have certain traits in common. They practically all offer a range of properties, from studio apartments to villas with private swimming pools. Many properties also enjoy stunning sea or country views.
Nearly all the developments have communal pools (in many cases several pools), landscaped gardens and underground parking. Most have commercial areas and communal open spaces.
RE/MAX Malta is one of the top-selling agents for all the major SDA developments. Our dedicated sales team is constantly helping clients handpick SDA properties swiftly and easily. Properties in an SDA tend to keep their value and appreciate, thus making them an extremely attractive high-end investment for property buyers.
Whether the property is intended for use as a qualified investment property, second home or rental investment, RE/MAX is in a prime position to give our clients access to the best properties first.
