Buying a property to rent in Malta is growing in popularity and over the last few years as buyers have more confidence in being able to rent out their investment due to strong market demand. The bank’s low rate of interest and high rental returns only make it more attractive. Owners of rental investments are seeing returns of up to 6% per annum when they buy in the right place.
Take a look at our top 5 locations and see why we chose them.
Sliema has been the most popular town to rent in for the last 30 years with prices constantly going sky high and it doesn’t look like it’s going to slow down anytime soon. In the last ten years, hundreds of igaming companies have opened their offices in Malta bringing in thousands of foreign workers. The majority of these workers want to live in Sliema which is next to the crystal blue seas, shopping malls and has plenty of nice bars and restaurants to choose from.
Prices for a one-bedroom apartment up a side street in Sliema start from €600 per month whilst a 3-bedroom apartment at the luxury development of Tigne Point are renting from around €3500 per month.
Looking for a bargain in Sliema is never going to be easy but you can still find some properties with a decent price tag that can promise a high rental return. Check out our Sliema properties for sale right now!
Not surprisingly, St. Julian’s features in our top 5 since there are so many similarities and next to each other. St Julian’s has seen a lot of growth in the last two decades including the award winning development of Portomaso. If you are seriously considering to buy a rental investment and spot a good deal in St. Julian’s we recommend taking it up as soon as possible.
This is an area where property to let stays vacant for a very short period of time. Check out our properties for sale in St Julian’s now
Swieqi has changed structurally over the last fifteen years. Once a place full of luxury houses, it is now a town full of blocks of apartments and few houses still remain. However, its prime location next to St. Julian’s and Sliema make it a great place to rent at a slightly more affordable price.
Owning a buy to let in Swieqi will always be a good investment due to its popularity and huge demand. We have over 400 properties for sale in Swieqi, check them out!
Cospicua is not the obvious choice for most people but with the recent redevelopment of the waterfront, it’s picturesque settings and soon to be introduced branch of the American University it looks like demand for property in the area will increase and so will prices.
Check out our properties for sale in Cospicua to see if you can find a bargain.
Qawra has been a tourist town for many years with many Maltese residing there during the Summer months. Over the last fifteen years, a lot of construction has taken place making the area a residential town too and more affordable to live in. Prices for rental have increased quite significantly in the last 4 years but is still 30-40% cheaper than the Sliema/St. Julian’s area. Check out over 500 properties for sale in Qawra right now.
Start searching through our huge database of properties for sale now to find your dream rental investment!