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Because it is being developed on land previously owned by the Maltese Government, Tigné Point has been declared a Special Designated Area where, unlike other parts of the island, foreign buyers can purchase and let any number of properties.
Properties at Tigné Point are being sold on a 99-year lease, but arrangements exist whereby residents can buy out their interest and convert to freehold in the longer term.
Mortgages from HSBC and the Bank of Valletta are available to non-residents for the acquisition of property without the need for approval by the Central Bank of Malta.
Contact us to receive full details of buying property in Malta.
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