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

1,036 properties listed for sale in Malta

1 bed apartments:

59 listed for sale
£113,785 to £1,001,308
Average: £247,243

2 bed apartments:

255 listed for sale
£100,131 to £14,155,402
Average: £352,300

3 bed apartments:

404 listed for sale
£113,785 to £4,958,800
Average: £412,954

2 bed houses:

9 listed for sale
£182,056 to £682,710
Average: £402,438

3 bed houses:

104 listed for sale
£191,159 to £7,737,380
Average: £1,002,525

4 bed houses:

33 listed for sale
£223,019 to £3,787,875
Average: £1,240,311

5 bed houses:

16 listed for sale
£182,056 to £3,322,522
Average: £1,153,848

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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