Updated last year

Malta has a quickly and continuously developing rental market, providing a range of accommodation options to meet any budget. You should not have much trouble finding the ideal place to settle down, but first, take the time to learn about different cities and neighbourhoods and on rent prices before choosing.

Rent prices in Malta

Rent prices in Malta have increased quite quickly in recent years as interest in the island from both tourists and expats has grown. Housing prices have gone up throughout the islands, with certain areas costing nearly triple what they were just two years ago.

The areas around Valletta through to Pembroke have seen dramatic spikes in pricing as their popularity has grown. Other popular expat areas like Bugibba and St. Paul’s Bay have also seen quickly rising prices.

Rent prices listed online are rarely up-to-date. Keep this in mind while looking through real estate websites and other online marketplaces. Those sites are still a good resource to view the types of accommodation available on the island, but true prices are likely higher than what you’ll find online. Plan your budget accordingly.

Types of accommodation in Malta

Accommodation in Malta includes both furnished and unfurnished options. It’s best to reach out to real estate agencies or individual listings online to view accommodation within your criteria and budget after you’ve arrived.

Book your temporary accommodations for your arrival to allow yourself time to look for a more permanent situation. You won’t be able to learn much about currently available rentals until you are in Malta in person.

Social networks, as well as classified ads in newspapers and online marketplaces, may also help in your search. Reach out to any listing agents to try to arrange viewings upon arrival, but you’ll most likely have luck by phone once you’re on the island.

Keep in mind that rental prices are almost always up for negotiation. You can offer to pay several months in advance for a cheaper rate, try to include your utilities into a monthly rate, or otherwise barter with an owner.

Lease arrangements in Malta

It is always advised that you sign a legal lease contract, which clearly states both parties' rights and obligations.

The lease documents should include means and terms of payment, bills and services (electricity, water, cable, phone, and Internet), the lease duration, notice period, rules regarding the use of common spaces, additional services provided by the lessor or owner, etc..

 Good to know:

Don't forget to conduct an inventory before moving to your new accommodation. Feel free to request from the owner the housing unit's Energy Performance Certificate as well.

Fees for Maltese accommodations

You will be required to pay a security deposit for any rental, which is equal to a month's rent or more and which should be refunded to you at the end of the lease contract if no damage has been done. It is not uncommon for security deposits to be kept in full in Malta, so do not put down a deposit that you cannot afford to lose entirely.

If you have found accommodation through a real estate agency, you also have to pay an agent’s fee, which is usually equal to half a month's rent. The landlord will also pay half a month’s rent as a fee to the agent.

A lease of six months or less is a short-term lease and a lease of more than six months, is a long-term lease. The end of the lease can be negotiated with the owner, as can the renewal of any lease.

Make sure to verify that the landlord has the authorization to let the accommodation. Besides this authorization, the owner also must have housing insurance that provides coverage in case of natural calamities, floods, voluntary damages, theft, etc.

The owner must also be registered with the Inland Revenue Department for value added tax (VAT) and income tax. You can also request a Form H to ensure that your electricity and water bills are charged at the appropriate rate as a residential unit.

 Useful links:

Housing Authority Malta
Times of Malta
FindIt – Directory of real estate agencies

We do our best to provide accurate and up to date information. However, if you have noticed any inaccuracies in this article, please let us know in the comments section below.