Notary Fees in Malta: Complete Guide for Property Buyers
When purchasing property, many focus on the price and stamp duty. However, notary fees in Malta are another key expense every buyer should plan for. Understanding these costs ensures your transaction is smooth and legally sound.
What Does a Notary Do in Malta?
Notaries are essential in every property deal because they safeguard both buyer and seller. Their responsibilities include:
- Conducting legal searches to verify property ownership
- Drafting the Promise of Sale Agreement (Konvenju)
- Preparing and publishing the final deed of sale
- Ensuring taxes and stamp duty are correctly paid
Without a notary, property transactions in Malta cannot be finalized.
How Much Are Notary Fees?
Notary fees in Malta typically range from 0.25% to 1% of the property price, depending on the complexity of the transaction. For example, on a €300,000 property, expect to pay between €750 and €3,000.
These charges are separate from stamp duty (usually 5%), registry charges, and search fees. Always request a detailed written estimate before proceeding.
Other Costs to Expect
Besides the main notary fee, you should also account for:
- Land Registry fees
- Searches and registration costs
- VAT on notarial services (18%)
Adding these into your budget will prevent unpleasant surprises later.
When Are Fees Paid?
Payments are generally split into two stages:
- At the Promise of Sale (Konvenju) – covers searches and initial costs
- On signing the final deed – final settlement of the notary fee
Choosing the Right Notary
Your notary is more than a legal formality—they protect your interests during one of life’s biggest investments. Look for someone with experience, transparency, and strong communication skills.
If you need trusted recommendations, the Sara Grech Real Estate team can guide you to reputable professionals as part of our comprehensive property services.
Understanding notary fees in Malta before signing the Promise of Sale ensures you stay in control of your finances. With the right advice and planning, buying property can be stress-free and secure.
If you want to know more, you may want to read: 7 Mistakes to Avoid When Buying Property in Malta