Many landlords or property managers place their ads online there. In Germany, most tenants and buyers go to platforms like Immobilienscout, where apartments that might interest you are posted. Long story short, because of its politically and economically stable atmosphere, Malta always stands out as an important option for investments, and the country’s 2019 real estate outlook supports this outcome, too.The fact is that the rental market and the process of renting property in Malta are quite different from what we are used to in Germany, for example. Companies registering in Malta are already showing a willingness to locate outside of Valletta and that might help spread the real estate price increases out to other areas of Malta. If the real estate price index doesn’t cool, the government will probably have to act, at least to support the section of the population who will be priced out of the ownership market and see their rents increase.Malta’s real estate prices will continue to appreciate, even if they pull back from the world-leading 17% territory.In terms of the real estate outlook that means: The economy will probably continue to grow, regulation will be steady and the stable banking sector will continue to provide property loans in Malta. There are no particular storm clouds on Malta’s economic horizon. Thus, the prices in these designated areas tend to be higher. This also stands out as a requirement for getting a mortgage in Malta. For instance, foreigners that are interested in Maltese property either take advantage of the country’s Malta Golden Visa program or for some other reason are likely to buy real estate in the designated areas that are specified by the government. There are, of course, still some restraints on foreign investors who are looking into ways to enter Maltese real estate market.Įspecially non-EU/EEA citizens (except Switzerland) face quite an amount of restrictions. That is because the Maltese government, in many ways, created an open, pro-immigration atmosphere through political regulations. That demand has pushed residential rental yields above 5% for the first time in several years. As Malta’s real estate market continues to climb, renting becomes more attractive and more tenants stay in the rental market for longer. Presumably, this segment is supported by Maltese nationals and foreigners cashing in real estate gains elsewhere. The top end of the luxury market has also done very well over the past years in Malta. Complexes that are in special designated areas are more accessible to foreigners who want to buy a home.Julians and Gzira have seen real estate prices climb the most. Furnished apartments in newly built buildings.Among these, characteristics of the properties that are most popular include: In the recent years, anywhere in Malta that is attractive for foreign investors in the financial services industry has seen outsized growth. It should be noted beforehand that the property price index for Malta is based on asking prices, because the final prices after the transactions in Malta are not published publicly. How did the Real Estate of Malta get so Popular? Therefore, the index proves that Malta is one of the best places to invest in throughout Europe. This index clearly shows the positive consistent trend of Malta’s real estate market growth. Can I find a deal by avoiding the most popular towns and neighbourhoods?Īccording to the same index of Knight Frank, Malta came in third at the end of 2016 and a respectable 20th at the end of 2015.How long should I plan to stay in Malta before I can sell my house?.Is a second property a wise investment?.Are renters feeling the squeeze as much as buyers?.Are some types of property more popular than others?.However, the popularity of the island state’s real estate sector, raise questions more than it provides the investors with answers: According to the Knight Frank Global House Price Index, in the second quarter of 2018, Malta’s real estate prices increased (16.9% on a 12-months basis, over the year before) by more than anywhere else in the world. Over the past few years, Malta performed an amazing growth in its real estate sector.
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