With its very limited land supply and growing population, property investment in Malta has always been considered to be a sound investment. Figures published by The Central Bank of Malta in its 2017 Annual Report, indicate a steeply climbing trend that only showed some stability and very low decline in 2009/10 during the global real estate crisis. This dip was fleetingly temporary and prices soon continued to climb with even steeper increases being estimated over the past five years .
The Construction Industry and Property Market Report commissioned by the Malta Developers Association (www.mda.com.mt) and carried out by KPMG towards the end of 2017, has highlighted growth of between 45 and 49% in the prices charged for rented residential accommodation across the entire country.
These substantial prices increases are fueled by booming economic growth that is projected to moderate but to remain vigorous over the forecast horizon. Malta’s economy is among the fastest growing economies in the EU, with record-low unemployment and moderate wage growth.