Issue link: https://maltatoday.uberflip.com/i/1534272
5 gozotoday | FRIDAY • 11 APRIL 2025 NEWS 1,026 final deeds of sale relating to residential property in Malta and Gozo in March CONTINUED FROM PAGE 1 The value of these deeds totalled €295.3 million, representing an in- crease of 4.4 per cent when com- pared to the corresponding value recorded in March 2024. 937 (or 91.3 per cent) of these final deeds of sale involved indi- vidual buyers (households), with companies accounting for virtually all remaining deeds. The value of the deeds involving individual buyers (households) amounted to €238.6 million, equivalent to 80.8 per cent of the total value. The highest numbers of final deeds of sale were recorded in the Northern Harbour and the North- ern districts, with totals of 304 and 210 deeds, respectively. On the other hand, the lowest numbers were registered in the Western, and the Gozo and Comi- no districts, at 97 and 115 deeds, respectively. The highest number of final deeds of sale were recorded in the following localities: San Pawl Il-Baħar (74), Birkirkara (66) and Marsaskala (60). The sum of agreements recorded in these localities corresponded to 19.5 per cent of the total final deeds of sale registered during March 2025. During the same month, the number of properties transacted in the final deeds of sale was equiv- alent to 1,110. Apartments (408) and Garages (239) accounted for the largest shares, at 36.8 per cent and 21.5 per cent, respectively. Promise of sale agreements In March 2025, 1,119 promise of sale agreements relating to res- idential property were registered, equivalent to a decrease of 4.6 per cent over the same period in 2024. Individual potential buyers (households) accounted for 1,014 (or 90.6 per cent) of these agree- ments, while the rest mainly in- volved companies. The largest number of promise of sale agreements related to resi- dential properties were registered in the Northern Harbour district with 328 agreements, followed by the Northern district with 218 agreements. The lowest figures of promise of sale agreements were noted in the Western, and the Gozo and Comi- no districts, at 107 and 123 agree- ments, respectively. The highest number of promise of sale agreements were record- ed in the following localities: San Pawl Il-Baħar (98), Il-Mosta (58) and Birkirkara (55). The sum of agreements recorded in these localities corresponded to 18.9 per cent of the total promise of sale agreements registered dur- ing March 2025.