Nearly 1,300 final deeds of sale registered in July – NSO

In July, the number of final deeds of sale and promise of sale agreements relating to residential property amounted to 1,266 and 1,229, respectively, the NSO said.

Final deeds of sale

In July the number of final deeds of sale relating to residential property amounted to 1,266, an increase of 21.8% when compared to those registered in July 2024. The value of these deeds totalled €383.1 million, representing an increase of 35.1% when compared to the corresponding value recorded in July 2024.

In the month under review, 1,136 (or 89.7%) of these final deeds of sale involved individual buyers (households), with companies accounting for virtually all remaining deeds. The value of the deeds involving individual buyers (households) amounted to €277.8 million, equivalent to 72.5% of the total value.

In July the highest numbers of final deeds of sale were recorded in the Northern Harbour and the Northern districts, with totals of 374 and 236 deeds, respectively. On the other hand, the lowest numbers were registered in the Western and the Gozo and Comino districts, at 130 and 143 deeds, respectively.

The highest numbers of final deeds of sale were recorded in the following localities: St Paul’s Bay (90), Birkirkara (73) and Mosta (67). The sum of agreements recorded in these localities corresponded to 18.2% of the total final deeds of sale registered during July.

During the month under review, the number of properties transacted in the final deeds of sale was equivalent to 1,537. Apartments (557) and garages (330) accounted for the largest shares, at 36.2% and 21.5%, respectively.

Promise of sale agreements

In July 1,229 promise of sale agreements relating to residential property were registered, equivalent to an increase of 15.6% over the same period in 2024. Individual potential buyers (households) accounted for 1,099 (or 89.4%) of these agreements, while the rest mainly involved companies.

The largest numbers of promise of sale agreements related to residential properties were registered in the Northern Harbour district with 334 agreements, followed by the Northern district with 242 agreements. On the other hand, the lowest figures of promise of sale agreements were noted in the Western and the Gozo and Comino districts, at 104 and 170 agreements, respectively.

The highest numbers of promise of sale agreements were recorded in the following localities: St Paul’s Bay (121), Birkirkara (69) and Sliema (59). The sum of agreements recorded in these localities corresponded to 20.3% of the total promise of sale agreements registered during July.