Commercial Real Estate Agency Fees in Malta

If you’re looking for a commercial property in Malta for rent or for sale, or you have a commercial property that you’d like to rent out or sell we would recommend you get in touch with a competent commercial property specialist. Property consultants specialized in the commercial real estate market will help guide you through the process, so as to make it as easy and quick for you as possible.

 

Engage a Commercial Property Agent in Malta

Once you have found an agency you can trust, your next step would be to communicate the specifics of the tasks at hand. It is extremely important to discuss your moving date, budgets, locations, length of the contract, and plans for the future being factors that will ultimately affect the properties your commercial specialist will offer you. A commercial property agency in Malta will normally schedule an appointment to meet and discuss all the above and potential options he will have available to them. Once you’ve selected the properties you like, your commercial property specialist will set up viewings for those properties at your own convenience.

Commercial Property Agency Fees, the ‘Industry Standard’

Commercial Property Agencies in Malta collect an ‘agency fee’ or ‘finders fee’ for introducing their clients to a suitable property for their operation, should they sign the lease. Once a property has been selected by the client, an agency will take on the role of the mediator, and negotiator through which a mutually beneficial agreement is reached by the parties involved. Here is a list of fees that you would be faced with:

Commercial Property Sale (Sole Agency listing):

3.5% of sale value + 18% VAT (Payable by Seller)

Commercial Property Sale (Non-exclusive listing):

5% of sale value + 18% VAT (Payable by Seller)

Commercial Property Rent Agency Fees & Rates in Malta:

10% of the average rent of the Di Fermo period + 18% VAT payable by Landlord / Lessor, and

10% of the average rent of the Di Fermo period + 18% VAT payable by Tenant / Lessee

In the case of premium, 5% of premium + 18% VAT is payable by the party receiving the premium

Residential Rent Estate Agency Fees & Rates in Malta:

For businesses that may be renting out residential property for their employees, it may help to be familiar with the estate agency fees related to residential rentals.

Long-term residential lets (6 months and over):

• Half of one month’s rent + 18%VAT payable by Landlord / Lessor 
• Half of one month’s rent + 18%VAT payable by Tenant / Lessee
• Short-term residential lets (less than 6 months):
• 10% of the total rent + 18% VAT payable by Landlord / Lessor,
• 10% of the total rent + 18% VAT payable by Tenant / Lessee