Authored by the expert who managed and guided the team behind the Malta Property Pack
Everything you need to know before buying real estate is included in our Malta Property Pack
This article covers the current housing prices in Malta as of January 2026, with real data from official sources.
We constantly update this blog post to give you the freshest numbers on the Malta property market.
Whether you want to buy an apartment in Sliema or a villa in Madliena, you will find useful price benchmarks here.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Malta.
Insights
- The median apartment price in Malta in 2026 sits around €317,000, but actual contract prices often close about 15% lower, near €266,000.
- North Harbour neighborhoods like Sliema and St Julian's command price premiums of 36% or more compared to central Malta locations.
- Apartments make up roughly 54% of all property listings in Malta, making them the dominant housing type on the market in 2026.
- The typical price per square meter in Malta ranges from €2,100 in Gozo to over €6,500 in premium coastal areas like Sliema.
- Malta property prices have increased by an estimated 55% to 75% over the past decade, driven by limited land and strong expat demand.
- New or fully finished properties in Malta sell for about 8% to 15% more than comparable older homes needing updates.
- Entry-level apartments in Malta start around €180,000 to €230,000, typically for 1-bedroom units in Gozo or the South.
- Luxury villas in Malta average over €2 million, with median asking prices for villas reaching €1.55 million in prime areas.
- Buyers in Malta should budget an extra 7% to 10% on top of the purchase price for stamp duty and notary fees alone.
- The year-over-year price growth in Malta for 2025 to 2026 is estimated at 4% to 7%, with North Harbour leading gains.
What is the average housing price in Malta in 2026?
The median housing price is more useful than the average in Malta because the market includes many high-end properties that push the average up, while the median reflects what a typical buyer actually pays.
We are writing this as of January 2026 using the latest available data from authoritative sources like the KPMG-MDA report and the Central Bank of Malta, which we manually verified.
The median asking price for an apartment in Malta in 2026 is approximately €317,000 (around $374,000 or €317,000). The average asking price is higher at about €415,000 ($489,000 or €415,000), reflecting the influence of premium listings in the Malta market.
About 80% of residential properties in Malta in 2026 fall within a price range of €220,000 to €550,000 (roughly $260,000 to $648,000).
A realistic entry price in Malta in 2026 is €180,000 to €230,000 ($212,000 to $271,000), which gets you a 1-bedroom apartment of around 55 to 65 square meters in areas like Gozo or Zejtun, typically in livable condition but without luxury finishes.
Luxury properties in Malta in 2026 typically range from €1.2 million to €2.5 million or more ($1.4 million to $2.95 million), such as a 250 to 350 square meter villa with a pool in the Madliena or Swieqi area.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Malta.
Are Malta property listing prices close to the actual sale price in 2026?
The estimated difference between listing prices and actual sale prices in Malta in 2026 is around 10% to 18%, with 15% being a reasonable central estimate.
This gap exists in Malta because sellers often set asking prices with negotiation room, and buyers can easily compare many similar units. The discount tends to be smaller (0% to 8%) for well-priced new units in prime locations with parking and a lift, and larger (15% to 25%) for overpriced properties, units needing renovation, or those in less desirable micro-locations.
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What is the price per sq m or per sq ft for properties in Malta in 2026?
As of January 2026, the median asking price per square meter in Malta is approximately €3,270/sqm ($3,850/sqm), while the average is around €4,275/sqm ($5,040/sqm). Converted to square feet, that works out to about €304/sqft ($358/sqft) at the median and €397/sqft ($468/sqft) at the average.
Smaller, finished apartments in premium coastal areas tend to have the highest price per square meter in Malta in 2026, while larger homes in peripheral locations or properties needing renovation have the lowest, mainly because location desirability and renovation risk drive pricing.
The highest prices per square meter in Malta in 2026 are found in Sliema, St Julian's, and parts of Pembroke, ranging from €4,500 to €6,500 per sqm. The lowest are in areas like Zejtun, Birzebbuga, and inland Gozo towns, where prices range from €2,000 to €3,000 per sqm.
How have property prices evolved in Malta?
Compared to January 2025, Malta property prices in January 2026 have increased by an estimated 4% to 7% in nominal terms. This growth was driven by continued strong demand in the North Harbour region and ongoing expat interest in convenient, well-located apartments.
Looking back ten years to January 2016, Malta property prices have risen by approximately 55% to 75% in nominal terms. The main reasons are structural demand pressure from jobs and lifestyle appeal on a small island, combined with supply constraints and the premium that finished, modern properties command.
By the way, we've written a blog article detailing the latest updates on property price variations in Malta.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Malta.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Malta versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What types of properties are available in Malta and how do their prices compare in 2026?
Apartments dominate the Malta property market in 2026, making up about 54% of all listings, because they suit the island's dense urban layout and are the most accessible option for most buyers.
Average asking prices by property type in Malta as of January 2026 are: apartments at €415,000 ($489,000), penthouses at €545,000 ($642,000), maisonettes at €405,000 ($478,000), terraced houses at €735,000 ($866,000), and villas at €2,025,000 ($2,388,000). These figures reflect the mix of sizes and locations across the island.
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Malta in 2026?
New or fully finished properties in Malta in 2026 typically cost about 8% to 15% more than comparable older homes.
This premium exists because buyers are willing to pay extra to avoid renovation hassles, contractor delays, and to get modern features like energy efficiency, lifts, and parking that make the property easier to rent or resell.
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How do property prices vary by neighborhood in Malta in 2026?
In Sliema, one of Malta's most sought-after coastal neighborhoods, you will find mostly finished apartments and some luxury penthouses, with prices typically ranging from €500,000 to €900,000 ($589,000 to $1.06 million) as of January 2026. This premium reflects the waterfront location, walkability, and strong rental demand from expats.
In Birkirkara, a central and family-friendly area, the market offers more affordable apartments and maisonettes, with prices generally between €280,000 and €450,000 ($330,000 to $530,000). Prices are lower here because the neighborhood is further from the coast and caters more to local families than to expats.
In Victoria on Gozo, you will find the most budget-friendly options in Malta, with apartments and smaller homes ranging from €180,000 to €320,000 ($212,000 to $377,000). The slower pace of life and distance from the main island keeps prices significantly lower than in Malta's urban centers.
You will find a much more detailed analysis by areas in our property pack about Malta. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Type | Avg Price Range | Avg per sqm | Avg per sqft |
|---|---|---|---|---|
| Sliema | Expat / Coastal | €500k-€900k ($589k-$1.06M) | €5,000-€6,500 ($5,900-$7,660) | €465-€604 ($548-$712) |
| St Julian's | Expat / Nightlife | €450k-€850k ($530k-$1M) | €4,800-€6,200 ($5,660-$7,310) | €446-€576 ($526-$679) |
| Gzira | Commute / Expat | €380k-€650k ($448k-$766k) | €3,800-€5,200 ($4,480-$6,130) | €353-€483 ($416-$569) |
| Msida | Commute / Value | €300k-€520k ($354k-$613k) | €3,200-€4,400 ($3,770-$5,190) | €297-€409 ($350-$482) |
| Swieqi | Expat / Residential | €420k-€800k ($495k-$943k) | €4,200-€5,800 ($4,950-$6,840) | €390-€539 ($460-$635) |
| Birkirkara | Central / Family | €280k-€450k ($330k-$530k) | €2,800-€3,800 ($3,300-$4,480) | €260-€353 ($307-$416) |
| Mosta | Family / Space | €300k-€480k ($354k-$566k) | €2,900-€3,900 ($3,420-$4,600) | €269-€362 ($317-$427) |
| Naxxar | Family / Villas | €320k-€520k ($377k-$613k) | €3,000-€4,100 ($3,540-$4,830) | €279-€381 ($329-$449) |
| Valletta | Heritage / Premium | €450k-€900k ($530k-$1.06M) | €4,200-€6,500 ($4,950-$7,660) | €390-€604 ($460-$712) |
| Three Cities | Heritage / Value | €280k-€520k ($330k-$613k) | €2,800-€4,000 ($3,300-$4,720) | €260-€372 ($307-$438) |
| Marsaskala | Coastal / Value | €250k-€420k ($295k-$495k) | €2,500-€3,200 ($2,950-$3,770) | €232-€297 ($274-$350) |
| Victoria (Gozo) | Budget / Slower Pace | €180k-€320k ($212k-$377k) | €2,100-€2,800 ($2,480-$3,300) | €195-€260 ($230-$307) |
How much more do you pay for properties in Malta when you include renovation work, taxes, and fees?
When buying property in Malta in 2026, you should budget an additional 7% to 10% on top of the purchase price for taxes and fees alone, and potentially 0% to 20% or more if renovation is needed.
For a property around $200,000 (approximately €170,000) in Malta, you would pay about €8,500 in stamp duty (5%), around €3,400 for notary and search fees, and possibly €5,000 to €15,000 for light renovation. That brings your total to roughly €187,000 to €197,000, or about 10% to 16% above the purchase price.
For a property around $500,000 (approximately €424,000) in Malta, stamp duty would be about €21,200, notary fees around €8,500, and a medium renovation could cost €30,000 to €70,000. Your total would reach €484,000 to €524,000, adding 14% to 24% to your initial budget.
For a property around $1,000,000 (approximately €848,000) in Malta, expect stamp duty near €42,400, notary fees around €17,000, and a significant renovation between €100,000 and €250,000. This means your all-in cost could range from €1,007,000 to €1,157,000, representing an uplift of 19% to 36%.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Malta.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Malta
| Expense | Type | Estimated Cost Range |
|---|---|---|
| Stamp Duty | Tax | About 5% of the purchase price. For a €300,000 property, this means €15,000 ($17,700). This is the main tax buyers pay at purchase in Malta. |
| Notary Fees | Fees | Typically 1.5% to 2.5% of the purchase price. For a €300,000 property, expect €4,500 to €7,500 ($5,300 to $8,800). This covers the legal transfer and deed registration. |
| Search and Registration | Fees | Included in notary fees in most cases. These cover title searches and property registry checks to ensure the property is free of encumbrances. |
| Light Renovation | Renovation | €5,000 to €15,000 ($5,900 to $17,700). This covers painting, minor repairs, and cosmetic updates for a property in generally good condition. |
| Medium Renovation | Renovation | €30,000 to €70,000 ($35,400 to $82,500). This includes kitchen and bathroom updates, electrical work, and new finishes throughout the property. |
| Heavy Renovation | Renovation | €100,000 to €250,000+ ($118,000 to $295,000+). This covers structural work, complete interior redesign, and high-end finishes for older or larger properties. |
We made this infographic to show you how property prices in Malta compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Malta in 2026 with different budgets?
With $100,000 (about €85,000), there is very little you can buy in Malta in 2026 because this is below the practical floor of the market. You might find a tiny studio in Gozo needing heavy work, or a partial ownership arrangement, but a normal residential purchase at this price is not realistic.
With $200,000 (about €170,000), you could buy a small 1-bedroom apartment of around 50 square meters in Zejtun (existing, basic finish), a studio in Victoria on Gozo needing some modernization, or an older 1-bedroom in Birzebbuga with negotiable pricing.
With $300,000 (about €255,000), you could get a 1-bedroom apartment of around 60 square meters in Marsaskala in decent condition, a small 2-bedroom of 70 to 80 square meters in the Three Cities without sea view, or a larger 1-bedroom in Gozo with good rental potential.
With $500,000 (about €424,000), you could buy a 2-bedroom apartment of 90 to 100 square meters in Birkirkara with a lift, a 3-bedroom of around 110 square meters in Msida with good commute access, or a 2-bedroom in Gzira with a partial sea view.
With $1,000,000 (about €849,000), you could purchase a premium 3-bedroom apartment of around 140 square meters in Sliema with sea views, a terraced house of 160 to 200 square meters in Mosta or Naxxar, or a large penthouse in St Julian's in a strong lifestyle location.
With $2,000,000 (about €1.7 million), you enter the luxury segment in Malta where you could buy a villa with a pool in the Madliena or Swieqi area, a high-end penthouse in Sliema or St Julian's with excellent views, or a prime renovated townhouse in Valletta or Vittoriosa.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Malta.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Malta, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| KPMG-MDA Report 2025 | A major consultancy report with a clearly described database and repeatable yearly methodology. | We used it for median and average asking prices by property type and for regional price-per-sqm relationships. We also used its market mix shares and affordability data to build realistic price ranges. |
| Central Bank of Malta | Malta's central bank publishes transparent analysis using regulated and official data inputs. | We used it to understand the gap between asking prices and actual contract prices. We also relied on it for recent price-growth context and market drivers like interest rates and supply. |
| NSO Malta | The National Statistics Office is Malta's official agency publishing standardized and auditable data releases. | We used it to sanity-check market activity levels and verify typical transaction values. We treated it as a reality check against purely asking-price datasets. |
| European Central Bank | The ECB is the official source for euro reference exchange rates used widely in finance and reporting. | We converted euro figures into US dollars using the latest EUR/USD reference rate close to January 2026. We kept euro as the primary currency since Malta uses it. |
| Malta Tax and Customs Administration | The official government source for property tax guidance in Malta. | We used it to describe which party pays which taxes at purchase. We combined it with market estimates to explain typical fee ranges for buyers. |
| Perry Real Estate Malta | An established real estate agency in Malta with published buyer expense guides. | We used it to cross-reference notary and search fee ranges commonly seen in the market. We combined this with official tax data for complete cost estimates. |
| Eurostat Housing Statistics | The EU's official statistics office providing comparable housing data across member states. | We used it for context on Malta's position relative to EU housing trends. We referenced it when discussing long-term price growth patterns. |
| Malta Developers Association | An industry body representing property developers with direct market knowledge. | We used their collaboration with KPMG as a sign of data quality. We considered their market assessments when evaluating supply-side factors. |
| Bank of Valletta Property Index | A major Maltese bank tracking property prices through mortgage data. | We used it as a secondary reference to validate price trends. We cross-checked their findings against central bank and KPMG data. |
| Malta Financial Services Authority | The regulator overseeing financial services including mortgage lending in Malta. | We referenced their data on lending conditions. We used it to understand how mortgage availability affects buyer purchasing power. |
| Planning Authority Malta | The government body responsible for development permits and urban planning. | We used permit data to understand new supply coming to market. We referenced it when discussing why certain areas see price pressure. |
| Malta Tourism Authority | The official tourism body with data on visitor numbers and rental demand. | We used tourism statistics to explain expat and rental demand patterns. We referenced it when discussing why North Harbour commands premium prices. |
| Notaries Council of Malta | The professional body overseeing notarial practice in property transfers. | We used their fee guidelines to estimate notary costs. We cross-referenced with market practice to provide accurate buyer expense ranges. |
| Land Registry Malta | The official registry recording all property ownership transfers. | We used registration data to understand transaction volumes. We referenced it to validate that our price estimates align with actual recorded sales. |
| Housing Authority Malta | The government agency responsible for housing policy and affordable housing programs. | We used their reports on housing affordability. We referenced it when discussing entry-level price ranges and first-time buyer options. |
| Malta Chamber of Commerce | A business organization tracking economic conditions affecting property demand. | We used their economic outlook reports to understand demand drivers. We referenced it when discussing why prices continue to rise in Malta. |
| Identity Malta | The government agency managing residency permits including investor visas. | We used their data on residency applications to understand foreign buyer demand. We referenced it when explaining expat neighborhood preferences. |
| Dhalia Real Estate | One of Malta's largest real estate agencies with extensive listing data. | We used their market reports to validate neighborhood price ranges. We cross-checked their observations against official statistics. |
| RE/MAX Malta | An international real estate franchise with local market data. | We used their listing analysis to understand property type distribution. We referenced their market commentary on price trends. |
| Belair Property Malta | A local agency specializing in Maltese property with market insights. | We used their price guides to validate neighborhood-level estimates. We referenced their expertise on premium area pricing. |
| Malta Property Portal (remax.com.mt) | An aggregated listing platform showing current asking prices across Malta. | We used current listings to validate asking price ranges. We spot-checked specific neighborhoods to ensure our estimates match market reality. |
| Malta Institute of Accountants | The professional body providing guidance on property transaction taxes. | We used their tax guidance materials to verify stamp duty rates. We referenced it to ensure our buyer cost estimates are accurate. |
| Architect's Chamber Malta | The professional body overseeing architects who assess renovation costs. | We used their published fee guidelines to estimate renovation costs. We consulted their materials when describing typical refurbishment expenses. |
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