The influx of foreign nationals moving to Malta, be it to retire, to relocate or to work here, has paved the way for a new golden opportunity – rental investment. The growth of niche industries such as gaming, pharmaceuticals, back-end office operations and financial services and blockchain industry has led to a strong surge in demand for rental properties.
What’s more, interest in Malta as an ideal destination where to retire or relocate to is on the rise, with many opting to rent, and eventually invest in their own property. Local demand also factors in with many breaking tradition and opting to rent out. This is a widespread trend amongst the younger generation who prefer to rent out before purchasing their own property, as well as for single parents and separation scenarios.
The key behind every successful real estate investment is to purchase a Malta property which will increase in value (capital gain), further providing you with sustainable capital growth. Finding the right property in Malta which equals its market value can be quite a time-consuming task, since it requires much research, as well as patience.
During your search for an investment Malta property, keep in mind what rental income you are likely to receive, so remember to check comparable rental prices on any property in Malta which you are interested in within that location.
Long term rentals Malta , finding the right property:
Choosing your new home is no easy task, so it’s important that you find a property that will suit your current needs. Make sure you are clear with your agent about your budget and your requirements. Based on this information, your agent will be able to find the right property for you.
Below are some additional things to consider that will help your agent find a suitable property for you.
- Locations
- Budget
- Number of bedrooms and bathrooms
- Parking requirements
- Outdoor space/balcony/terrace
- If you are ready to renovate?
- Condition of property – brand new, used or furnished