Investment
 

Since Independence in 1964, "Real Estate" in Malta has always been a sound investment.

In 2006 it was reported that prices of Malta's real estate increased higher than any other EU country.

The House Price Index of the Central Bank of Malta indicates that:

  • between 1987 and 2004 average property prices increased by 10.3% offering an average real return of 7.8% per annum;
  • house prices doubled between 1993 and 1996;
  • after 1996, a short period of relative stability ensued until 1999 when the upward trend resumed at a moderate pace;
  • house prices rose by 10% in 2002;
  • house prices also rose by 10% in 2003, with apartments and terraced houses showing the sharpest increases;
  • house prices rose in excess than 20% in 2004.
Other interesting facts:
  • In 2005, the sectoral contribution to Gross Domestic Product from construction increased from 3.49% in 2000 to 4.06%;
  • The contribution from real estate, rental and business activities increased from 10.04% to 12.23%;
  • In 2005, Malta's population was approximately 400,000 of which a record 21,506 (5.4%) people were employed in construction-related sectors;
  • Whilst recently the value of the average property has maintained its stability, luxury real estate prices have increased steadily.

   
   
     


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