Rental yields seem to be rising in Malta - now around 4.4%

April 13, 2018

Last Updated: April 13, 2018
ATTARD
Apartments
TO BUY
(EUR)
TO RENT
(EUR/month)
YIELD
1-BR 170,000 650 4.59%
2-BR 208,019 931 5.37%
3-BR 261,844 977 4.48%
4+BR 320,333 1,000 3.75%
Maisonnetes
1-BR 151,667 900 7.12%
2-BR 271,425 833 3.68%
3-BR 335,061 1,024 3.67%
4+BR 400,000 n.a. n.a.
Penthouses
1-BR 240,800 750 3.74%
2-BR 306,118 1,044 4.09%
3-BR 366,126 1,449 4.75%
4+BR 735,000 n.a. n.a.
BALZAN
Apartments
1-BR 134,333 685 6.12%
2-BR 215,254 939 5.23%
3-BR 293,571 1,000 4.09%
4+BR 427,500 n.a. n.a.
Maisonnetes
1-BR 265,700 n.a. n.a.
2-BR 276,500 1,080 4.69%
3-BR 325,046 980 3.62%
4+BR 378,750 1,500 4.75%
Penthouses
1-BR 210,870 750 4.27%
2-BR 261,000 1,084 4.98%
3-BR 497,273 1,479 3.57%
4+BR 535,000 n.a. n.a.
LIJA
Apartments
2-BR 207,750 1,033 5.97%
3-BR 291,695 971 3.99%
Maisonnetes
2-BR 212,000 990 5.60%
3-BR 292,300 944 3.88%
4+BR 350,000 n.a. n.a.
Penthouses
2-BR 311,667 n.a. n.a.
3-BR 436,500 1,025 2.82%
PORTOMASO
Apartments
1-BR 560,889 1,793 3.84%
2-BR 1,168,208 2,304 2.37%
3-BR 1,774,676 4,208 2.85%
4+BR 1,966,429 n.a. n.a.
Penthouses
3-BR 3,110,000 6,000 2.32%
SLIEMA
Apartments
1-BR 291,714 997 4.10%
2-BR 549,179 1,540 3.37%
3-BR 832,579 2,225 3.21%
4+BR 1,074,212 3,181 n.a.
Maisonnetes
1-BR 206,286 894 5.20%
2-BR 341,293 1,235 4.34%
3-BR 523,848 1,582 3.62%
4+BR 645,000 2,000 3.72%
Penthouses
1-BR 465,728 1,166 3.00%
2-BR 778,348 2,071 3.19%
3-BR 1,209,397 3,907 3.88%
4+BR 2,603,333 5,033 2.32%
SWIEQI
Apartments
1-BR 247,500 879 4.26%
2-BR 310,316 1,211 4.68%
3-BR 383,662 1,421 4.44%
4+BR 466,833 1,472 3.78%
Maisonnetes
1-BR 268,360 956 4.27%
2-BR 307,913 1,383 5.39%
3-BR 448,441 n.a. n.a.
4+BR 620,200 1,714 3.32%
Penthouses
1-BR 325,250 1,116 4.12%
2-BR 433,659 1,427 3.95%
3-BR 637,640 2,281 4.29%
4+BR 581,250 n.a. n.a.
TIGNE POINT
Apartments
1-BR 696,364 1,325 2.28%
2-BR 1,006,154 2,960 3.53%
3-BR 1,578,688 3,940 2.99%
4+BR 2,830,000 8,000 3.39%
Penthouses
3-BR 2,918,000 11,000 4.52%
4+BR 4,588,333 8,500 2.22%
Valleta
Apartments
1-BR 428,273 1,363 3.82%
2-BR 592,929 1,656 3.35%
3-BR 691,364 2,138 3.71%
4+BR 1,418,333 n.a. n.a.
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: propertymarket.com Definitions: Data FAQ See also: Update Schedule

Malta illustrates the point that, if you are interested in a high rental income, it is worth researching carefully the difference between different areas. 

In Malta, the highest yielding areas for apartments are Attard, Balzan, and Lija.  By contrast Tigne Point and Valleta have relatively poor returns.

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.