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Property For Sale/Rent
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BUY
Property For Sale
First Time Buyer Package
First Time Buyer’s Guide
Buy and Sell Through Us Offer
Buy And Sell Guide
Bank Loans
RENT
Property For Rent
Residential Letting Services
Flat Sharing
How To Be A Good Tenant
Malta Holiday Lets
FOREIGN CLIENTS
Malta Residence Programmes
Rental Investment
SELL
Register Your Property
Explore Our Sole Agency Packages
Required Documents For sale Of Property
Energy Performance Certificates
COMMERCIAL
Property For Sale/Rent
Commercial Property Services
Useful Information
Commercial Property Classes
Why Relocate Your Business To Malta?
Major Office Developments In Malta
Apartments For Sale in Malta
Why buy an Apartment in Malta?
Apartments for sale in Malta are the most readily available property type. The choice is endless and can suit any budget, size requirements or location. Apartments can be anything from a small lock-up-and-go studio to a large 7-bedroom apartment in the most spectacular of locations.
Apartments are the most suitable for professionals with busy lifestyles, the international traveller, students or even retirees looking for secure, cluster living and low-maintenance. The typical Maltese apartment will have a layout of two bedrooms in a rectangular layout with living spaces on the front and bedrooms at the back. Family bathrooms are located almost always half-way in-between these two areas while the larger bedroom may have an en-suite. Generally one will find a minimum of two balconies, one from the front leading off the living area and one from the master bedroom at the back.
Traditional Maltese Apartments
Traditionally, Maltese apartments are larger than average and have high ceilings, in contrast to their counterparts in other parts of Europe. Space on the small island is at a premium, therefore the norm of building higher and higher apartment blocks are on the increase. Traditionally an apartment block would have been four or five floors, but recent legislation paved the way for many floors to be added to existing blocks and for the construction of high-rise tower blocks in certain areas.
The types of apartments you find in Malta today.
Apartments in Malta can be of age or brand new and usually older properties would have seen several upgrades by their owners over the years. The choice of properties available range from bedsitters in areas popular with students, to luxury multi-million euro apartments. Luxury apartments located on or near the beach and promenades are favoured by affluent locals and international buyers alike, as it is usually close to popular shopping areas and restaurants and idyllic for supporters of Café society culture. Foreign nationals from countries that are not part of the EU are required to apply for an AIP permit when purchasing a property outside Designated Areas and this includes apartments.
The rental demand for property in Malta
When it comes to rentals, demand has soared over the past years and seems unquenchable, with demand outstripping supply in the medium to upper medium rentals market. Many speculators and investors have seen their rental portfolios outperform any other type of investment when buying to let, as interest rates are low and the financing a second or even third property and renting it out seems to pay for itself.
Contract workers in the field of finance, I-Gaming, the IT industry and thousands of students that attend the many international language schools here during the summer, are always on the lookout for apartments in central locations. This has made apartments for sale or rent in Malta a thriving, lucrative business.
