AnnouncementDetails

Property Price Index for AIP Acquisitions

Posted on 24.09.2014

By virtue of LN261 dated 1^st August 2014, and for the purposes of article 6(1)(b) of the Immovable Property (Acquisition by Non-Residents) the national Statistics office has established the Immovable Property Price Index at 146.86 as with effect from 1^st April 2014.

Therefore with effect from the latter date the minimum price for:

- Flats & Maisonettes (as defined in the Cap 246) is being adjusted to EUR104,737.

- Villas, Town Houses and any other property EUR174,514.

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