For small businesses, it is preferable to rent commercial property if the financial capital is not sufficient. However, for larger companies, it is preferable to buy commercial property as the business is more dependent and sustainable.
Is it possible to domicile a foreign company in Malta?
It is possible but it will be necessary to have a registered office and a local registration. And EU nationals must prove that they have been resident in Malta for at least five years or obtain a specific permit if this condition is not met. Read more about the types of commercial investment programmes available.
What are the extra costs necessary to acquire a commercial property as a professional?
In addition to the cost of acquiring the business premises, the entrepreneur must plan for notary fees, property insurance, property taxes and maintenance work.
Which is the best commercial property size to choose for renting an office?
Office space needed from which you can operate your business in Malta, mainly depends on how big your business is. However, offices available for sale or rent in Malta or Gozo usually consist of an open space, count about 7m2 per person, for closed offices, count 12.5 m2 for this surface, for a meeting room, count about 2m2 per person. Finally, the common areas should not be neglected, they represent about 20% of the total surface of your offices.
What are the most attractive areas to buy an office in Malta?
St Julian’s, Sliema and Valletta are the most attractive areas but also the most expensive in terms of Malta real estate. However, it should be considered that these are the busiest areas, hence, offer the most value.