Property has always been an excellent investment, not least because it can give you a return almost immediately when renting it out. However, as a property investor, you need to choose the right real estate opportunity to get the ideal return on investment. Our rental specialists have put together a few suggestions of where you can find some good opportunities around the Maltese Islands.
Rental Investment Opportunities in the North of Malta
St. Paul’s Bay is a town located in the north of Malta. Together with neighbouring localities Xemxija, Buġibba, and Qawra, this seaside area has undergone slow but steady development over the past few decades. No doubt one of its strongest charms is its position right on the sea, with various rocky beaches and swimming zones dotted along the shore. Traditionally, this part of Malta has been very popular with British expats looking for a quiet place to retire. Now with improved transportation options, people are choosing St. Paul’s Bay for both short-term and long-term rentals. There are some new developments in the area which present a property rental opportunity, however keep in mind that prices increase significantly for a sea view.
Rental Investment Opportunities in Central Malta
There has been a high demand for property in central Malta, specifically in the localities of Sliema, St. Julian’s and Gżira. These areas are very popular with the expat community, specifically young professional families, couples, and individuals, who have moved to Malta to live and work. Although a number of these expats do end up settling down and purchasing property, most choose to rent. Expats prefer bright, spacious apartments and especially value outdoor space and a sea view. There is a high demand for property in the Gżira area, which is a good option for investors seeking a dependable return.
Business Opportunities in Central Malta
There are new commercial developments soon to be launched catering for the business community in central Malta. New developments such as the Quad and Trident Park will be offering sophisticated office space for businesses interested in joining the Central Business District in the geographical centre of Malta. This location is gaining traction due to its excellent transport options and forming part of a dedicated business area. These new developments will require staff and trigger demand for residential property in neighbouring localities, specifically Birkirkara, Santa Venera, and Qormi.
Rental Investment Opportunities in Gozo
As Malta’s smaller sister island, Gozo has been very popular in the short-term rental market, with a high demand for property with a pool or near the sea. Gozo has also been described as the perfect retirement location, meaning there is also interest in long term rental properties. Some notable locations for rental properties are Nadur and Qala. Nadur is a hilltop village known for its excellent bakeries and picturesque country and sea views. Qala is a seaside village with a bit of everything – bays, country paths, historic structures and culture. From a business standpoint, Gozo’s property market has been catching up with Malta’s, but there are plenty of options for an investor looking for the right real estate opportunity.
When you are looking for a rental investment, it can really pay to get the expert advice of a real estate agent. Agents know the market inside-out, which means they can match an investor with the right property. Get in touch with us today to find the right rental investment opportunity for you.