384 tal-2011
Statutory Text (1 Articles)
L.N. 384 of 2011
IMMOVABLE PROPERTY
(ACQUISITION BY NON-RESIDENTS) ACT
(CAP. 246)
Immovable Property Price Index
BY VIRTUE and for the purposes of article 6(1)(b) of the
Immovable Property (Acquisition By Non-Residents) Act, and in
respect of article 2 of the Immovable Property (Acquisition by Non-
Residents) (Value of Immovables) Order 1999, published by Legal
Notice 98 of 1999, the Director General of the National Statistics
Office has established the immovable property price index at 140.74
as on the 1st April, 2011. This represents a change of 3.50 per cent
from 2010. Attached to this Legal Notice is a table showing the
Immovable Property Price Index since its inception. This tabular
information is definitive and shall therefore supersede any figures
published in prior legal notices bearing on this topic, in accordance
with the Schedule to this Legal Notice.
Schedule
Immovable Property Price Index
Year
Index
Annual Rate of Change
100.00
-
113.86
13.86%
132.40
16.28%
141.70
7.02%
149.52
5. 52% 145.29 -2.83% 145.84 0.38% 140.74 -3.50% €0.09