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

1,829 properties listed for sale in Malta

1 bed apartments:

61 listed for sale
£91,175 to £5,470,479
Average: £264,863

2 bed apartments:

362 listed for sale
£89,438 to £1,562,994
Average: £214,139

3 bed apartments:

740 listed for sale
£87,985 to £3,355,380
Average: £284,111

2 bed houses:

51 listed for sale
£91,175 to £738,081
Average: £223,085

3 bed houses:

200 listed for sale
£104,200 to £2,301,075
Average: £441,336

4 bed houses:

96 listed for sale
£130,250 to £8,249,135
Average: £845,696

5 bed houses:

19 listed for sale
£277,866 to £7,814,970
Average: £1,228,458

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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