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Malta: House Prices, Rents, and Rental Yields
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Malta: House Prices, Rents, and Rental Yields | The Global Property Guide finds yields to be around 6.9% for properties in Valetta, the center of the rental market, and around 7% for properties located in Gozo. Rents have not kept pace with house prices. “Rents have not moved up in all this period (10 years),” says Bernard Bugeja of Bernards Real Estate. “In fact rental values have gone down. There is an oversupply of apartments. | | | | | COST
(€) | YIELD
(p.a.) | PRICE, M2
(€) | | | | | | | | | Valletta - Centre | | | | | | | 60,000 | 350 | 7.00% | 1,200 | 7.00 | | 120,000 | 700 | 7.00% | 1,600 | 9.30 | | 200,000 | 1,200 | 7.20% | 2,000 | 12.00 | | 290,000 | 1,600 | 6.62% | 1,933 | 10.70 | | 440,000 | 2,500 | 6.82% | 1,760 | 10.00 | | | | | | | | | GOZO | | | | | | | 75,000 | 400 | 6.40% | 1,500 | 8.00 | | 160,000 | 1,000 | 7.50% | 2,000 | 12.50 | | 260,000 | 1,600 | 7.38% | 2,167 | 13.30 | | 400,000 | 2,200 | 6.60% | 2,000 | 11.00 | | | | | | | |
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Source: www.globalpropertyguide.com
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