Hot Property to let in Malta
Malta’s rental market is huge and extremely fast moving. There is a wide range of properties available at every price point, but there is also a large number of people coming to the island to look for them every week.
As such, because properties are rented out before the previous tenants have even contemplated moving, it is necessary to be quick, decisive and well-advised in order to secure your perfect home. Never fear, it is absolutely possible to find exactly what you are looking for with the right help, and that is where RE/MAX Lettings can show you the way.
In Malta, space is measured by bedrooms and not by square metres, as is the case in many other countries. A long let is considered to be anything over six months and prices may differ if the property is required for anything less than this period.
It will not take too long to get used to and understand the size of rental properties and their relative market pricing. Once you start viewing properties, you will appreciate what you can get for your euros and will be able to make more of a knowledgeable decision about which to pursue. Once you start comparing properties, you will immediately start to gauge and nail down your budget. You will realise that rental prices vary according to property size, finish and furnishings.
Rental Reform in 2020
As of 1st January 2020, the latest Act C3176 which was passed in Parliament in the last quarter of 2019 will come into place. It is important to note the changes in the law in relation to your next rental property or your current rental agreement.
The Maltese Government has acted upon an important real estate segment which has otherwise been left without much supervision. The Maltese Tenant Association and segments such as the iGaming Industry have been lobbying for the last eighteen months or more to create more structure which brings more stability for tenants relocating to Malta and looking for a Long-Term rental.
The act has been created with a view to provide the necessary protection to tenants and to incentivise landlords to register their rental properties and to evidently pay their necessary dues accordingly. The following are some of the main highlights of the reform.
- Annual 5% cap for current rental agreements
- Minimum rental agreement of one year
- Rental Agreements will need to be registered (Government using blockchain)
- Property Owners will be provided Tax Credits the longer the rental agreement
- New law will not apply to any lease drawn up before 1995
- Criminal action will be taken against landlords that do not register lease
- Owner must declare deposit and create an Inventory
- Tenant will be bound for a min 2 months for 1 year Long-Let agreement and 4 months for 2 year Long let agreement
- Room Rentals or Short Lets no longer than 6 months, only applicable for non-residents workers, students or tenants looking to establish Malta as their primary residence.
- New Adjudicating panel will be introduced. Maximum claim up to €5000.
Speed of Rental Market and Dedicated Long-Let Rental website
Due to the speed with which the market moves and because properties may be listed with a number of different agents, it is important to understand that properties listed on the RE/MAX website may not be available when you arrive but that alternative, similar homes become available on a daily basis.
The list of rental properties below is generated on a weekly basis and is a reflection of homes that are available immediately. It is recommended that you click on properties that interest you and, from there, further navigate the site.
Alternatively, you may browse our dedicated rental website at http://letting.remax-malta.com/ where you will find recently-added properties and featured rental homes. It is a comprehensive rental knowledge base; full of numerous tips, relevant information related to letting a property, and guides that provide data related to the lifestyle in Malta. An interesting feature that we have recently added to our property rental website is an availability page that indicates when a property is likely to become available.
Building a Relationship with a Letting agent
It is important that you initiate a relationship with a letting agent in Malta and then ensure that they fully understand your search requirements. The key to doing this is to make contact with a reputable company that has a specialised department for rentals and offers a sizable database. A professional letting agent will understand the market and be able to provide you with important guidance as to the benefits and any hazards or hidden problems in properties which you view. Furthermore, they will advise you regarding wider topics such as landlords, locations and factors such as schooling and local transportation.
As previously mentioned, the rental market is predominantly open (meaning that listings will appear with several different agents) so, to avoid seeing the same property over and over, it is recommended you work with one letting agent exclusively.
In today’s rental market, timing is of the essence and a reputable agency, with has a good track record with landlords, will be the first to find out when a new property is available. This is where the value of a good relationship with one estate agent is obvious. When he or she receives an alert that a property has come onto the market, you can expect to get that call immediately, and are far less likely to miss out if you are well known to them and they understand your individual requirements.
RE/MAX Lettings has been established since 1999 and was one of the first fully fledged relocation companies in Malta. Our associates receive regular real estate training via our world-class training centre, and are mentored on a daily basis by our management team. Our property database is comprehensive and regularly updated, ensuring that you see the best that the current market has to offer.
Customer service is central to what makes RE/MAX Lettings special, and our agents are at pains to understand exactly what is important to your property search in order to find you the perfect home quickly and easily. We have an expert understanding of the Maltese letting market and an excellent relationship with our landlords, ensuring you feel confident that you will never miss out on a golden opportunity.
The company takes pride in having handled the relocation of personnel from many large corporations based in Malta, including: Skanska JV Malta, ABB, Transocean, Vodafone Malta, GO p.l.c., Nortel Networks, several Internet iGaming companies, and a variety of banking institutions, among others.
To Sum Up
There is a hot property in Malta for everyone. Regardless of your budget – whether you are looking for the least or the most expensive home – the right place is out there for you. Timing is of the essence and the sooner you find a letting agent that you feel is competent and knowledgeable, the quicker you will find yourself signing a tenancy agreement. Do your homework, nail down your budget and key requirements, and then trust the guidance of your property expert.
You may view the property listing page of each property by clicking on the image. If you require more information about a particular property in Malta, please add the MLS number in the comments so we can get back to you with the relative information immediately.
€ 800 to € 2000 monthly
Located on the outskirts of XAGHRA is this luxurious modern 1st floor APARTMENT finished to high standards enjoying one of the most breath-taking views on the island. Layout consist of three large bedrooms, en-suite shower, combined bathroom/shower, a beautiful open plan kitchen (with dishwasher), d ...read more
BUGIBBA - A spacious first floor apartment, situated in this seaside location, within minutes away by walk to the waters edge. Accommodation comprises of an entrance hall leading to an open plan fully equipped kitchen/living/dining room, which leads onto a balcony; three bedrooms, a guest bathroom, ...read more
PIETA- This modern apartment is situated in a quiet residential street, yet in the central location close to all amenities in Pieta. The layout consists of an equipped kitchen/dining, spacious separate lounge room, 2 double bedrooms, 1 single bedroom, 1 guest bathroom and a storage room. Apartment i ...read more
ST.PAUL'S BAY - A highly finished penthouse, situated in a central yet quiet location. Layout is in the form of an open plan kitchen/living/dining, two terraces, three double bedrooms (main with an en-suite), guest bathroom, and a washroom. Property is being offered fully furnished, equipped and rea ...read more
MARSASCALA - Located in a quiet area, and yet close to all amenities and the beautiful promenade of Marsascala is this ground floor maisonette. This property comprises open spaced living , kitchen and dining area, two double bedrooms, (main bedroom with en suite), a single bedroom and a main bathroo ...read more
QRENDI - Delightful, brand new penthouse situated in this quiet village, in the Southern Region of Malta. Warm and welcoming accommodation comprises an open plan living/dining/kitchen area leading out to a massive terrace enjoying open country views, main bedroom with en-suite bathroom and walk-in w ...read more
MELLIEHA - A fully furnished seafront apartment, situated at waters edge, enjoying open sea views. Layout is in the form of an open plan kitchen/living /dining, three double bedrooms (main with an en-suite), a guest bathroom and front/back balconies. Not to be missed! ...read more
GZIRA - A highly finished apartment, located just off the seafront, close to all amenities, restaurants and shops. Accommodation comprises of an open plan kitchen/dining/living, two double bedrooms (main with an en-suite), a guest bathroom, a laundry and a back yard. Complementing this property is a ...read more
MSIDA - A modern and fully furnished apartment, located close to all amenities. Layout is in the form of an open plan kitchen/living/dining leading onto a balcony,three double bedrooms(main with a en-suite) and a guest bathroom. Not to be missed!
SLIEMA - A modern and large apartment,located close to all amenities, restaurants and beach. Layout is in the form of an open plan kitchen/living/dining, two bedrooms (both with en-suite bathrooms and balconies) and a guest bathroom. The kitchen is fully equipped and the box room has a clothes drye ...read more
Modern and fully furnished apartment close to all amenities. Accommodation comprises a spacious open plan kitchen/living/dining leading onto a front balcony, two bedrooms(main with en-suite), guest shower room and a washroom. Complementing this 1st floor apartment is a back terrace perfect for enter ...read more
GZIRA - A fully furnished apartment, located close to all amenities, shops and fitness centre. Layout is in form of an open plan kitchen/living leading onto a balcony, a separate dining area, three bedrooms (main with an en-suite), two of which have three single beds and the third bedroom has two si ...read more
€1201 - €2000
Msida- Very spacious and well-furnished apartment exceptionally located. Accommodation comprises an open plan, equipped (dishwasher and washing machine) separate kitchen/lounge/dining, three bedrooms, two bathrooms (one of which is ensuite), a storage room, and one terrace plus a balcony. This great ...read more
MELLIEHA - Enjoying amazing sea views is this bright and airy penthouse, situated close to all amenities and within walking distance to Ghadira Bay. Enjoying direct access from the lift, this penthouse consists of an open plan fully equipped kitchen/living/dining which leads onto a good sized terrac ...read more
ST.JULIANS - A very bright, spacious and airy top floor apartment served with lift, situated in Spinola at the start of Lapsi Street, just behind Saddles and close to Spinola Park.Layout is in the form of an entrance hall leading to a large living/ dining with a very large flat screen TV and a sma ...read more
St.Julian"s - Wide fronted apartment allowing for plenty of natural light, excellently located just off the seafront of the highly sought after Balluta area. Layout in the form of a welcoming entrance hall, spacious living dining, separate fitted kitchen leading to an informal living area, three dou ...read more
€2001 - €3000
€3001 - €5000
This stylish, bright and spacious modern apartment comprises an open plan kitchen/ dining/ living which leads onto a spacious terrace enjoying stunning sea views. The property has three bedrooms (all three with TVs, parquet floors, en-suites and own balconies), fully equipped (dishwasher, tumble dry ...read more
€5001 - Upwards