Commission Fees

Commission Fees

 
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When you decide to sell your property under an open agency, the standard commission rate is of 5% + VAT, which is payable upon signing of the final deed.

If on the other hand you decide to sell your property with us as your sole agents, the standard commission rate is of 3.5% + VAT, which is payable upon signing of the final deed. A sole agency is usually engaged for a stipulated period of time. The commission is also payable if the property is sold by a third party, during this period.

 

Residential property sale

Sole agency basis: commission is 3.5% + VAT

Open agency basis: commission is 5% + VAT

 

Commercial property sale (sole agency listing)

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

 

Commercial property sale (non-exclusive listing)

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

 

 

Rental of Commercial property – Agency fees & rates in Malta

10% of one years rent + 18% VAT payable by Landlord / Lessor, and
10% of one years rent + 18% VAT payable by Tenant / Lessee
In case of premium, 5% of premium + 18% VAT payable by lessor

 

 

Residential real estate rental fees & rates in Malta

For business 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, and
10% of the total rent + 18% VAT payable by Tenant / Lessee