What is an SDA?
Special Designated Areas
Special Designated Areas are prime residency areas where the conditions of acquisition are the same for Maltese and foreign residents. Property in Special Designated Areas is intended to provide top-end facilities and amenities such as restaurants, supermarkets, spas and marinas within the same area.
The current Special Designated Areas are the following
- Portomaso (St. Julians)
- Pender Gardens (St. Julians)
- Tigne Point (Sliema)
- Fort Cambridge (Sliema)
- Madliena Village (Madliena)
- Metropolis Plaza (Gzira)
- St Angelo Mansions (Cottonera-Vittoriosa)
- Ta’ Monita (Marsascala)
- Smart City (Kalkara)
- Tas-Sellum (Mellieħa)
- Verdala Mansions (Rabat)
- Fort Chambray (Għajnsielem-Gozo)
- Kempinski Residence (San Lawrenz-Gozo)
- Jerma Resort (Marsascala) available summer 2024)
No permits necessary
Special Designated Areas provide an exception to the rules on residency permits in Malta, in that non-Maltese purchasers may buy property with the same rights as Maltese citizens, thus not requiring a permit from the Maltese government. Essentially this means that purchasers, whatever their nationality, are exempt from the requirement of obtaining an Acquisition of Immovable Property (AIP) permit. Once such property is acquired, it may be leased out without any restrictions.
On the other hand, certain acquisitions of property located outside Special Designated Areas necessitate an Acquisition of Immovable Property (AIP) Permit issued by the Ministry of Finance, Economy and Investment, which is issued according to the conditions set in Maltese Law.
Other Luxury Projects
- Blue Harbour (Ta' Xbiex)
- Valletta Waterfront
- Savoy Gardens (Gzira)
- Ballutta Terrace (St. Julians)
