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316 tal-2020

2 Articles / Provisions · Malta
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Malta Government Gazette — Legal Notice 2020 316 · Gazzetta tal-Gvern ta’ Malta Nru. 20,452 - 31.07.2020<P Class=Msonormal — 316 tal-2020 – Indiċi tal-Prezzijiet dwar Proprjetà Immobbli

L.N. 316 of 2020

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 199.38 as on the

1st April, 2020. This represents an increase of 5.6 per cent from 2019.

The tabular information attached to this Legal Notice supersedes figures

published in prior legal notices thereon. Figures for 2020 are

provisional.

Immovable Property Price Index

Year

Index*

Annual Rate of Change (%)

141.3

-3.1

144.25

2. 1 145.64 1.0 147.97 1.6 151.92 2.7 159.88

5. 2 168.36 5.3 177.28 5.3 188.80

Malta Government Gazette — Legal Notice 2020 316 · Gazzetta tal-Gvern ta’ Malta Nru. 20,452 - 31.07.2020<P Class=Msonormal — 316 tal-2020 – Indiċi tal-Prezzijiet dwar Proprjetà Immobbli

5

199.38

5.6

*

Base year for the Index is 2004=100

€0.09

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