![]() ![]() According to PwC Market Research 2021, more than 40% of respondents would like to live in apartments, which, along with villas, are the most valued property type. A perfect combination of new residential developments, shops, restaurants and office space creates a balanced working and living environment, where services meet the highest standards. Julian’s, which also make up the economic centre of Malta. In Let Buy Mark’s experience, most people want to live in Sliema and St. The variety of real estate in Malta is so great that it is impossible not to find the perfect solution. The range of real estate in Malta varies from beautiful villas in classic 16th Century style, to ultra-modern architecture of a high standard. With its wonderful climate and its strategic location in the Mediterranean Sea, Malta is the dream of many families and entrepreneurs who want to move their life and business there. A place where a collection of great minds work continuously to raise standards in the real estate industry, bringing in their knowledge and experience to create an even greater story together, for the industry and for the next generation. Mark is not only passionate about his profession, but he also has a vision of reforming the real estate market by creating a combination of professionalism and a pleasant working environment. In 2017, Mark Molnar, founded the real estate brokerage Let Buy Mark. Therefore, I have asked my trusted friend and real estate agent, Mark Molnar, to give you a comprehensive overview of the apartment and house market in Malta. Of course, there is much more worthwhile information about the Maltese real estate market. ![]() In Malta, apartments are usually fully furnished and are charged according to the number of rooms. Therefore, the planning phase for a new apartment is about 2 weeks, on average, whereas in Germany, it’s more like 3 months. If you like an apartment, you can sign the contract the same day and even move in immediately. So you go to the real estate agent you trust, tell him what ideas you have, get advice and are then shown a handful of properties. It’s different in Malta – here everything is done through real estate agents. Tenants must therefore provide for an appropriate interior and a fitted kitchen themselves. Apartments in Germany are priced per square metre, and are usually unfurnished. If the cover letter is convincing, they will be invited to an interview along with 10 others – naturally with corresponding proof of salary, SCHUFA information (information on creditworthiness from Schufa Holding AG) and possibly even confirmation from insurance companies. Many landlords or property managers place their ads online there. In Germany, most tenants and buyers go to platforms like Immobilienscout, where apartments that might interest you are posted. Homes of Quality boast a number of Property in Valletta Malta, including: Apartments for Sale, Penthouses for Sale, Farmhouses for Sale, Houses of Character for Sale and many others.īrowse exclusive Valletta Property for Sale below.The fact is that the rental market and the process of renting property in Malta are quite different from what we are used to in Germany, for example. Whether it’s a loft, a townhouse on the bastions with fantastic views, a Palazzo or an older building that could be turned into a great business opportunity, Valletta has become one of Malta’s most interesting property market propositions. There are several hidden gems that could very easily be turned into unique residences or business opportunities. The City of Valletta was officially recognised as a World Heritage Site by UNESCO in 1980. ![]() The city is essentially Baroque in character, with elements of Mannerist, Neo-Classical and Modern architecture in selected areas. Valletta contains buildings from the 16th century onwards, built during the rule of the Order of St. However, Valletta, like many historical city centres, forms part of a larger continuous urban agglomeration this is often referred to as "Greater Valletta." The name "Valletta" is traditionally reserved for the historic walled citadel that serves as Malta's principal administrative district. It is located in the central-eastern portion of the island. Valletta is the capital of Malta, colloquially known as Il-Belt meaning “the city” in English. ![]()
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