Gross rental yields in Malta: Valletta and 6 other cities

The average gross rental yield in Malta stands at 3.66% (Q2, 2023).

  • Sliema
  • Swieqi
  • St Paul´s Bay
  • St Julian´s
  • Qawra
  • Mellieha
  • Valletta
  Last Updated: July 11, 2023
SLIEMA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Sliema (all locations)  
1-Bedroom €362,500 €875 2.90%
2-Bedroom €515,000 €1,250 2.91%
3-Bedroom €950,000 €1,800 2.27%
4+Bedroom €1,000,000 €2,800 3.36%
Sliema avg. Rental Yields 2.86%
SWIEQI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Swieqi (all locations)  
1-Bedroom €195,000 €750 4.62%
2-Bedroom €310,000 €1,000 3.87%
3-Bedroom €384,000 €1,350 4.22%
Swieqi avg. Rental Yields 4.24%
ST JULIAN´S - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
St Julians´s (all locations)  
1-Bedroom €213,000 €850 4.79%
2-Bedroom €375,000 €1,300 4.16%
3-Bedroom €589,000 €1,500 3.06%
St Julians´s avg. Rental Yields 4.00%
ST PAUL´S BAY - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
St Paul´s Bay (all locations)  
1-Bedroom €159,500 €600 4.51%
2-Bedroom €222,500 €750 4.04%
3-Bedroom €262,500 €900 4.11%
St Paul´s Bay avg. Rental Yields 4.22%
QAWRA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Qawra (all locations)  
1-Bedroom €237,000 €600 3.04%
2-Bedroom €225,000 €750 4.00%
3-Bedroom €315,000 €900 3.43%
Qawra avg. Rental Yields 3.49%
MELLIEHA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Mellieha (all locations)  
1-Bedroom €210,000 €750 4.29%
2-Bedroom €406,650 €850 2.51%
3-Bedroom €290,000 €1,000 4.14%
Mellieha avg. Rental Yields 3.64%
VALLETTA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Valletta (all locations)  
1-Bedroom €374,500 €900 2.88%
2-Bedroom €650,000 €1,400 2.58%
3-Bedroom €800,000 €2,350 3.53%
4+Bedroom €1,799,500 €8,500 5.67%
Valletta avg. Rental Yields 3.67%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and MaltaProperty
Malta´s Historic Rental Yield Data

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Malta. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).