|Last Updated: Mar. 1, 2013|
|MALTA ISLAND -
|COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|75 sq. m.||224,700||675||3.60%||2,996||9.00|
|120 sq. m.||329,760||888||3.23%||2,748||7.40|
|160 sq. m.||476,480||1,219||3.07%||2,978||7.62|
|250 sq. m.||876,500||2,563||3.51%||3,506||10.25|
|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 are now more affordable have average prices per square metre of around €2,750 to €3,500. In these areas, one can expect to earn an average rental return of around 3.4%.
Frankly, these are not great rates of return.
#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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