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Second Time Buyers

​Time for a change? Change is good, embrace it.


Thinking of purchasing your second property? Purchasing your second property may be just as challenging as purchasing your first, except that with our help we are proud to say that we can smoothen out this process and ensure you have an exciting and enjoyable experience.


There are many reasons one may have for purchasing their second home. We can think of a couple:


•    Looking for a place to raise a family?
•    Looking to purchase a rental investment?
•    Looking for a summer residence?
•    Looking for something smaller and more manageable?
 
There are so many reasons why and whatever the reason may be, we’ve got you covered! Purchasing your second property may be just as challenging as purchasing your first, except that with our help we are proud to say that we can smoothen out this process and ensure you have an exciting and enjoyable experience.

With our professional knowledge in real estate and first-hand information from our international network, this guideline will pave the way for you to make the step forward and acquire your second property.

The first-time buyer scheme is an incentive that was announced during the Malta Budget 2021, the scheme applies when an individual transfers (‘sells’) their own residential property and replaces it by purchasing another within 12 months from vacating their primary & sole residence.
 
The individual, in this case, is entitled to receive a refund on the duty paid on the first Eur 86,0000 of the value of the replacement property. More information on the conditions that must be satisfied can be found here.

At Engel and Völkers Malta we firmly count on innovation and co-operation, professionalism and reliability. In a world growing more complex every day, the choice of the right real estate company is a matter of greatest importance.

Get in touch with us if you are looking for purchase your second property and we will assist you through the whole process regardless what your intentions are, with our expertise and experience we will be sure to advise you in the best way possible.
Contact us now
Engel & Völkers
Licence Partner Malta Regional Market Center
  • Triq L-Esportaturi Central Business District, Zone 3, Mriehel
    CBD 3010 Birkirkara
    Malta
  • Phone 79494884
    Fax: +356 2347 0199

0900hrs - 1800hrs Monday - Friday

0900hrs - 1300hrs Saturday

Sunday Closed

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