|Last Updated: Mar. 15, 2014|
|MALTA ISLAND -
|COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|75 sq. m.||195,750||663||4.06%||2,610||8.84|
|120 sq. m.||243,600||901||4.44%||2,030||7.51|
|250 sq. m.||734,250||1,995||3.26%||2,937||7.98|
|Sliema, St. Julians and Swieqi, Portomaso, Tigne Point
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Rental yields in Malta are about the same this year as last year, after a period of increase.
Investment apartments in the favourite expatriate areas such as Sliema, St. Julians and Swieqi have average prices per square metre of around €2,000 to €2,900. In these areas, one can expect to earn an average rental return of around 3.8%.
Frankly, these are not great rates of return.
Residential prices in Malta are now moving up again, according to the Central Bank of Malta.
Round trip transaction costs are rather high in Malta. See our Malta transaction costs analysis and our Malta transaction costs compared with other countries.
#1 IAN | June 07, 2010
Your information that an apartment of 70 sqm costs 213,640 is COMPLETELY INCORRECT! It is HALF of that. You probably got the info from a crooked agent.
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