Malta’s diverse real estate market offers a variety of property types, ranging from studios to luxurious villas. To help you navigate this market, we have compiled a list of average property prices for various property types across the island. This guide will provide you with an overview of the Maltese property market, allowing you to make well-informed decisions when considering your next investment.
Apartments
Apartments are the most common type of property in Malta, available in various sizes and configurations. The average prices for apartments are as follows:
- 1 Bedroom Studios: €256,957
- 2 Bedroom Studios: €231,000
- 1 Bedroom Apartments: €294,229
- 2 Bedroom Apartments: €305,313
- 3 Bedroom Apartments: €408,735
- 4+ Bedroom Apartments: €798,723
Duplexes
Duplexes offer a unique living experience, spread across two floors. The average prices for duplexes in Malta are:
- 1 Bedroom Duplexes: €227,500
- 2 Bedroom Duplexes: €395,267
- 3 Bedroom Duplexes: €507,923
- 4+ Bedroom Duplexes: €557,833
Penthouses
Penthouses provide luxurious living spaces with stunning views and high-end amenities. The average prices for penthouses in Malta are:
- 1 Bedroom Penthouses: €289,267
- 2 Bedroom Penthouses: €397,782
- 3 Bedroom Penthouses: €622,964
- 4+ Bedroom Penthouses: €1,421,787
Maisonettes
Maisonettes are single-story properties that share a common entrance with other units. The average prices for maisonettes in Malta are:
- 1 Bedroom Maisonettes: €213,269
- 2 Bedroom Maisonettes: €293,337
- 3 Bedroom Maisonettes: €372,464
- 4+ Bedroom Maisonettes: €487,981
Terraced Houses
Terraced houses are popular for their traditional Maltese charm and spacious layouts. The average prices for terraced houses in Malta are:
- 1 Bedroom Terraced Houses: €565,667
- 2 Bedroom Terraced Houses: €540,481
- 3 Bedroom Terraced Houses: €626,039
- 4+ Bedroom Terraced Houses: €703,242
Semi-Detached and Detached Houses
Semi-detached and detached houses offer more privacy and larger living spaces. The average prices for these property types in Malta are:
- 4+ Bedroom Semi-Detached Houses: €2,750,000
- 3 Bedroom Detached Houses: €3,950,000
Houses
Traditional houses come in various styles and sizes. The average prices for houses in Malta are:
- 1 Bedroom Houses: €694,944
- 2 Bedroom Houses: €556,591
- 3 Bedroom Houses: €695,037
- 4+ Bedroom Houses: €1,368,590
Town Houses
Townhouses are typically found in Malta’s urban centers, offering a mix of tradition and modern living. The average prices for townhouses in Malta are:
- 1 Bedroom Town Houses: €432,943
- 2 Bedroom Town Houses: €435,387
- 3 Bedroom Town Houses: €644,054
- 4+ Bedroom Town Houses: €1,097,206
Villas and Village Houses
Villas and village houses provide luxurious living options with ample outdoor spaces. The average prices for these property types in Malta are:
- 1 Bedroom Villas: €1,522,667
- 2 Bedroom Villas: €845,750
- 3 Bedroom Villas: €1,904,251
- 4+ Bedroom Villas: €3,044,612
- 4+ Bedroom Village Houses: €4,650,000
Semi-Detached and Detached Villas
Semi-detached and detached villas offer an upscale living experience with added privacy. The average prices for these property types in Malta are:
- 2 Bedroom Semi-Detached Villas: €1,100,000
- 3 Bedroom Semi-Detached Villas: €1,498,815
- 4+ Bedroom Semi-Detached Villas: €1,964,054
- 3 Bedroom Detached Villas: €2,423,810
- 4+ Bedroom Detached Villas: €3,580,415
Houses of Character
Houses of character are traditional Maltese properties that have been restored or renovated while preserving their original features. The average prices for houses of character in Malta are:
- 1 Bedroom Houses of Character: €252,000
- 2 Bedroom Houses of Character: €549,269
- 3 Bedroom Houses of Character: €763,431
- 4+ Bedroom Houses of Character: €1,381,147
Farm Houses
Farmhouses are typically found in rural areas of Malta and offer a more rustic living experience. The average prices for farmhouses in Malta are:
- 1 Bedroom Farm Houses: €1,846,278
- 2 Bedroom Farm Houses: €1,293,120
- 3 Bedroom Farm Houses: €1,817,394
- 4+ Bedroom Farm Houses: €1,822,975
Palazzos
Palazzos are grand historical properties that boast unique architectural features and spacious interiors. The average prices for palazzos in Malta are:
- 1 Bedroom Palazzos: €2,353,571
- 2 Bedroom Palazzos: €3,335,000
- 3 Bedroom Palazzos: €2,973,333
- 4+ Bedroom Palazzos: €3,327,143
Castles and Country Houses
Castles and country houses offer an extraordinary living experience in Malta, combining history and luxury. The average prices for these property types in Malta are:
- 4+ Bedroom Castles: €2,500,000
- 4+ Bedroom Country Houses: €6,250,000
With this guide to property prices in Malta, you are now better equipped to navigate the diverse real estate market on the island.
Keep in mind that these prices are averages and can vary based on factors such as location, property condition, and the local market’s dynamics. It is always recommended to consult with a local real estate expert to help you find the perfect property that suits your budget and needs.
The calculations are based on the Asking Price of properties listed on propertymarket.com.mt at the time of publishing.