Surging property prices in Malta
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Maltese property prices rose 10.03% (8.53% inflation-adjusted) during the year to Q4 2015, according the Central Bank of Malta (CBM). During the latest quarter, property prices increased by 5.92% (8.86% inflation-adjusted) in Q4 2015.
The price hikes were felt across all property types:
The central bank attributed the upward price trend partly to the government measures aiming to support property demand. This includes the Individual Investor Programme, introduced in the government’s November 2013 budget, which targets high net worth individuals.
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