Property tax if owning 3 or more properties

Property tax if owning 3 or more properties

Malta's growing real estate market allows one to just buy and hold a property and still get a good return on investment. This leads to multiple homes being removed from the market and unused which adds to the increasing property scarcity. Adding a small property tax of less than 0.5% based on property value would push people to get the most return from there property by renting it out or making sure that it is fully utilised.


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