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Where To Buy In Malta

Malta has quickly turned into a popular destination for buying property, due to its beautiful beaches, Mediterranean climate and ancient history. In the height of summer, you can expect twelve hours of sunshine every day and a total average of 300 days of sun a year. It has a vibrant history made from mixing many other cultures together and offers an ideal place for retirees, couples and families to escape to.

Malta is only 317 square kilometres, so nothing is out of reach when deciding to settle down on the archipelago. From the more industrial capital of Valletta to picturesque fishing towns along a clear crystal coast, read on to find out more about some of the more popular areas to relocate to, and let OfferPal help you find the perfect spot for your next property.

Why Choose Malta?

Malta is generally considered a very affordable country to live in. Utility bills may seem high, being around €200 but you can make great savings in tax payments due to Malta’s favourable tax rates, eliminating this cost from your monthly budget. Also, the temperate climate means you won’t be using your heating so much in the winter.

Crime rates are very low, meaning you’ll always feel safe living there. The only danger is pickpocketing in tourist hotspots. Public transportation is very cheap and affordable, with fares ranging from €1.50 to €3.00 with a monthly pass costing €39. As the country is so small, this and walking are the ideal way to travel. You can reduce costs in your weekly shop by switching to more local products and brands, as importing recognisable brands drives up their cost.

Malta offers Special Designated Areas (SPA) consisting of new, high-end developments where you can purchase property without needing to apply for an Acquisition of Immovable Property Permit. These areas offer properties in developing areas full of the best supermarkets, spas, restaurants while having the best amenities and facilities.

Approximately 12,00 British expats are living in Malta currently, so you know you won’t be alone if you move here. English is one of the official languages of Malta, so there are no worries about language barriers hindering your experience.

What Areas Should I Look At?

Here are a few areas of Malta that you might be interested in buying in.

Gozo

Gozo is the second-largest island in the Republic of Malta archipelago and is perfect if you want to experience Malta living but don’t want to live in the hustle and bustle of the main island. It has a small population of about 37,000 people and is often referred to as what Malta used to be like before it became urbanised.

Why Move to Gozo?

Gozo is said to be the home of Calypso, the nymph from Homer’s Odyssey who held Odysseus captive on her island for several years. For a while, Odysseus was content living on the island, and we can see why. The beaches and clear waters offer swimming and diving experiences you won’t forget. Long walks in the countryside to the island's various historical sites will provide plenty of entertainment and a beautiful fortified city stands at its centre with breathtaking views across the whole island.

New Developments

Gozo is home to many new developments, combining the island's stunning landscape with modern apartments, including the new Fort Chambray renovation overlooking the Mgarr harbour.

Property Types & Prices

Gozo offers a mix of classic and modern options. Fort Chambray offers open plan living with up to three-bed villas and apartments, in a range of designs that can offer private pools, roof terraces and even a garage. The prices range from around €500,000 for the apartments and up to €1,500,000 for the best villa available. Farmhouses start at around €300,000 for a more rustic vibe and can stretch up to a max of €1,000,000.

Marsaskala

Located a few miles east of the capital is the gorgeous seaside town of Marsaskala. Built around a small harbour, it had evolved from a fishing village to a place where many expats like to call home. It has a population of around 12,000 in the winter which swells in the summer months.

Why Move to Marsaskala?

Marsaskala offers scenic beaches and a thriving community that captures the spirit of its residents. With a delightful promenade full of authentic cuisine and beautiful sea views, there is plenty on offer in this charming town. It is an ideal place to move for expats young and old, offering a quiet lifestyle away from city life.

New Developments

Apartment blocks have begun to go up around the edges of towns, with great views of the surrounding area and direct access to the ocean. Ta’ Monita is Marsascal’s SDA, offering apartments and penthouses with a communal pool and a piazza.

Property Types & Prices

Marsaskala property is still somewhat under-developed, so there are plenty of opportunities to find a well-priced home. In town, a one-bedroom apartment could go for around €75,000 while a three-bed will be easy to find for under $150,000. At the Ta Monita development, apartments start at around €190,000 while a villa can be up to a million.

Il-Birgu

Il-Birgu, otherwise known as Vittoriosa, is a fortified city on the south side of the Grand Harbour. It once held a significant role in Malta’s history, acting as the de facto capital before the establishment of Valletta and known for its role in the Ottoman Empire’s attempted invasion in 1565. Il-Birgu is one of the Three Cities, made up of Vittoriosa, Senglea and Cospicua which all lie on the same side of the Grand Harbour.

Why Move to Il-Birgu?

Il-Birgu is home to many tourist attractions detailing the city's history, such as the Malta at War museum or the Inquisitor’s Palace. Like many Maltese cities, it is located by the sea, offering beautiful views of both the ocean and across the Grand Harbour to Valletta’s shores. Together the Three Cities have a population of 10,000 and offer thriving dockside markets, ancient architecture and stunning vistas.

New Developments

Il-Birgu does not offer much in the terms of new developments, with most new properties being made available by converting already existing buildings. There are a number of seafront apartments already built.

Property Types & Prices

Il-Birgu’s long and rich history is reflected in the number of real estate choices available. Farmhouses, apartments, maisonettes and more are on offer in the city. It has many Houses of Characters, spectacular properties built up to 500 years ago. These can go from around €550,000 upwards. Apartments overlooking the harbour will probably cost around the same price as this.

Saint Julian’s

Named after its patron saint, Saint Julian’s is known for its tourist areas, featuring restaurants, hotels and nightclubs that are centrally located. With a population of around 14,000, It keeps the traditional Mediterranean culture you can expect from Malta alive but features more modern entertainment options than other places.

Why Move to Saint Julian’s?

Saint Julians thrives on its tourism industry and nightlife options, especially in Paceville, the central nightlife hub of the city. There is classical architecture to explore and plenty of clubs, casinos, bars, pubs, shops and restaurants to enjoy yourself in. It’s perfect for young expats who aren’t ready to give up an active lifestyle and move to the quieter areas just yet.

The traditional game of Il-Gostra is often played in the city, which involves running across a pole that is suspended over the sea, with the catch being the pole is covered in animal fat and grease. The aim is to reach the end and grab a flag, which will get you a prize.

New Developments

Portomaso is a residential and commercial development that offers nearly 500 luxury apartments along with a conference centre, 5-star hotel and a business tower. Pendergardens is an SDA that offers luxury apartments close to the shopping district. Phase two is currently in development, offering even more property.

Property Types & Prices

You’re less likely to find houses and villas in Saint Julians due to its focus on tourism, with many of the options being apartments. Pendergardens is a coveted place to live, with prices running from €400,000 for a one-bedroom to over a million for three beds. You’re paying for top quality apartments with unparalleled views, so prices usually start at around €1,000,000. Villas are available but not as centrally, with prices for these also being above a million.

How OfferPal Can Help You

OfferPal is a search engine that works with international estate agents to help you find your dream property abroad. Not just all about Malta, we list properties in stunning locations across the world such as Portugal, Thailand, Spain and many more. To get started on finding your dream property, visit our website now.

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