Geographic Information

Description of Malta
It may be a tiny island but demand for property in Malta is constantly increasing. Located just off the coast of Sicily, the country’s Mediterranean climate has wooed many tourists and home hunters. Malta managed to weather the recent financial crisis so much better than most European countries, though it's not as if Malta is in any way similar to about 99% of Europe. The strong local economy, thriving tourism industry and constant interest from international developers and investors alike meant that property values in Malta have been on the up for some time. Interestingly, the same cannot be said for average rent prices – precisely why Malta has a long-standing reputation as a less-than ideal prospect for buy-to-let investment. Short-term holiday lets are however in spectacular demand for much of the year and can prove to be quite lucrative in the right areas.

Current Property Prices in Malta

1,588 properties listed for sale in Malta

1 bed apartments:

60 listed for sale
£90,671 to £5,470,479
Average: £264,370

2 bed apartments:

316 listed for sale
£88,944 to £1,079,413
Average: £221,468

3 bed apartments:

618 listed for sale
£87,217 to £3,355,380
Average: £306,607

2 bed houses:

42 listed for sale
£90,671 to £1,295,295
Average: £261,919

3 bed houses:

194 listed for sale
£88,080 to £3,367,767
Average: £575,986

4 bed houses:

86 listed for sale
£202,930 to £5,181,180
Average: £925,326

5 bed houses:

21 listed for sale
£320,370 to £2,245,178
Average: £997,623

Malta Property Buying Guide

Italy's Flag

Key Facts:

Currency: EURO
Time Zone: Central European Time Zone
DialCode: 356
Languages: Maltese
Capital: Valletta
Population: 416,055
GDP: $8.689 billion
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