Selling guide in Malta
SELLING REAL ESTATE IN MALTA
Oyster Real Estate is an exclusive agency as we select and handpick each and every property in Malta on our books. This means that when a prospective buyer is scrolling through our website, they are not sifting through hundreds of average properties, but only the most unique and fine homes available on the market. With your home being among these properties, it will be a priority for us to sell.
Our goal is to have your property stand out and not lost get lost among many others, remaining ‘stuck’ on the market. Oyster takes the hassle out of one of the most stressful periods in a person’s life and we can thus guide you through the entire process of selling your home.
A Simple Step-By-Step Guide
First impressions are very important when it comes to property. When a prospective buyer walks through the front door of that property, they should be able to imagine themselves living there. Always present a clean and neutral environment, removing personal clutter, showing your home in its best possible light. Flowers and freshly-brewed coffee are an age-old touch to add to the effect. Fix any odd jobs that need doing.
Choose your agent
The first step is to find a company that follows an ethic and approach best suited to you. You must then decide whether or not you would like to list and sell your property exclusively sell with them. You will want to take the advantages and disadvantages of doing so in consideration.
A member of the Oyster Real Estate team will accompany each client through the property using experience, techniques and professionalism to ensure your home is viewed correctly and appropriately from a selling point of view.
Any offers that we receive about your property will immediately be put forward to you and it is then your decision which offers to accept and decline. We are able to guide you through this process to help you make the best possible choice.
The Promise of Sale Agreement is arranged with your own notary. This can, at times, prove to be a tricky stage with sales falling through during this part of the process. It is therefore important to engage an agency that has the necessary expertise to successfully negotiate with both parties.
The Signing of Deeds subsequently takes place where the buyer pays a 10% deposit to be legally bound to buy your property. A completion date will then be set for the whole process to be finalised.
Listing your property in Malta exclusively with Oyster Real Estate means that you are providing your trusted agent with an exclusive right to sell the property. This means that the agency will take care of all the property marketing on your behalf.
This could include bespoke print and online campaigns. It is of utmost importance that you select an agent with good property marketing knowledge and a trusted reputation within the real estate community.
Letting guide in Malta
MALTA PROPERTY LETTING PROCEDURES
Letting property in Malta has now become a very in-demand and profitable business. With this, however, comes a great deal of competition.
For this reason, if you decide list your property on the letting market, you will want it to be seen and snapped up as soon as possible to immediately kickstart your monthly earnings.
LETTING YOUR PROPERTY WITH OYSTER REAL ESTATE
Choosing an experienced and exclusive agency, such as Oyster Real Estate, to ensure your property in Malta will be given the utmost time and attention. We specialise in the long-let market vis-à-vis lettings, for tenants looking to occupy a home for a duration of 6 months and more.
In addition, we specialise in long-lets due to the difference in the market and client-base when compared to that of short-term lettings.
A 10 Step Guide to Letting your Property
We put the below simple steps together as a guide for you to better understand the letting process and what we will do for you. We put the below simple steps together:
- Assist you to find your buy-to-let property (if required).
- On-site visit from one of our agents to decipher the rental value of the home.
- Manage your lengthy contractual agreements towards becoming a landlord.
- Provide you with property management services.
- Give your property maximum exposure using different strategies to reach the appropriate target market.
- Viewings of your property by one of our Oyster Real Estate agents.
- Select ‘quality’ tenants for you, ensuring references and finances are in check.
- Take in the offers for your property.
- Arrange tenancy agreements and the signing of lease documents.
- Collect the deposit from the tenant and hand over the keys.