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This blog post explains the current housing prices in Malta in 2026, based on the latest official data and market reports available in June 2026.
We constantly update this article, because the Malta housing market can move quickly, especially in popular coastal and expat areas.
You will find average prices, median prices, price per square meter, neighborhood differences, taxes, renovation costs, and examples by budget.
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 average housing price in Malta in 2026 is around €350,000, but the median is closer to €270,000, which better reflects what most local buyers actually see.
- Malta property prices are high partly because apartments dominate the market, while detached houses and villas are rare and pull the average upward.
- A realistic entry-level home in Malta in 2026 usually means an older 1-bedroom or compact 2-bedroom apartment outside prime coastal areas.
- Listed prices in Malta are often 10% to 20% higher than final sale prices, especially when the home is above €400,000 or has been online for a while.
- Prime areas such as Sliema, St Julian’s, Portomaso, Tigné Point and Valletta can easily reach €5,000 to €7,500 per sqm, sometimes more for seafront units.
- Inland Gozo, Żabbar, Żejtun, Qormi and Paola still offer lower prices per sqm, but buyers often need to accept older buildings or renovation work.
- In June 2026, $300,000 is roughly enough for an entry-level Malta apartment, but $100,000 is usually not enough for a normal finished home.
- New or newly finished homes in Malta usually cost 12% to 25% more than similar older homes in the same area.
- Taxes, notary fees, surveys and setup costs usually add 6% to 9% to a normal finished property purchase in Malta.
- Renovation can change the total budget completely, especially for old townhouses, character homes and properties in historic areas.
What is the average housing price in Malta in 2026?
The median housing price in Malta is more useful than the average housing price because the average is pushed up by luxury apartments, penthouses, villas and seafront homes.
We are writing this article as of 2026, using the latest data collected from authoritative sources that we manually double checked.
In 2026, the median housing price in Malta is about €270,000, which is about $312,000 and €270,000. The average housing price in Malta in 2026 is about €350,000, which is about $405,000 and €350,000.
For about 80% of residential properties in Malta in 2026, a realistic price range is roughly €170,000 to €900,000, or about $197,000 to $1,042,000.
A realistic entry range in Malta in 2026 is about €185,000 to €230,000, or about $214,000 to $266,000, and this usually buys an older 1-bedroom or small 2-bedroom apartment of 55 to 75 sqm in places such as Marsaskala, Qormi, Żabbar, Birkirkara side streets, Mosta outskirts or parts of Gozo.
A realistic luxury range in Malta in 2026 is about €750,000 to €2,500,000 or more, or about $868,000 to $2,893,000 or more, and this can buy a new or recently finished seafront apartment, penthouse, villa or high-end townhouse in Sliema, St Julian’s, Tigné Point, Portomaso, Valletta, Ibragg or Madliena.
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?
In Malta in 2026, listed property prices are usually about 10% to 20% above final sale prices, with a central estimate of around 16%.
This gap exists because many Malta homes are listed with room for negotiation, and asking-price databases include many visible, agent-listed homes rather than every local transaction. The gap is usually largest for high-end homes above €700,000, older homes needing work, and properties that have been advertised for a long time.
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What is the price per sq m or per sq ft for properties in Malta in 2026?
As of 2026, the median housing price in Malta is about €3,300 per sqm, or about $3,819 per sqm, and about €307 per sqft, or about $355 per sqft. The average housing price in Malta is about €3,800 per sqm, or about $4,398 per sqm, and about €353 per sqft, or about $409 per sqft.
The highest prices per sqm in Malta in 2026 are usually found in seafront apartments, sea-view penthouses and restored prime city homes, while the lowest prices per sqm are usually found in inland Gozo, older inland houses and homes that need renovation.
The highest price per sqm in Malta is usually found in Sliema, St Julian’s, Tigné Point, Portomaso, Valletta and Madliena, where prices often range from about €4,500 to €7,500 per sqm or more. The lowest price per sqm is usually found in inland Gozo, Żabbar, Żejtun, Paola and Qormi, where prices often range from about €1,800 to €3,000 per sqm.
How have property prices evolved in Malta?
Compared with one year ago, Malta property prices in 2026 are about 7% higher in nominal euro terms. The main reason is that demand stayed strong, while smaller apartments pushed price per sqm upward.
Compared with two years ago, Malta property prices in 2026 are likely about 12% to 16% higher in nominal euro terms. This increase came from strong local employment, foreign-worker demand, limited land and continued demand for homes in central and coastal areas.
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.
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How do home prices vary by property type in Malta in 2026?
In Malta in 2026, apartments represent about 52% of listings, penthouses about 13%, maisonettes about 12%, townhouses and terraced houses about 9%, villas about 2%, character homes about 4%, and other residential assets about 8%, because Malta mainly builds and sells apartment-style homes.
Apartments in Malta in 2026 average around €350,000, or about $405,000, while penthouses average around €470,000, or about $544,000. Maisonettes average around €345,000, or about $399,000, townhouses and terraced houses average around €620,000, or about $718,000, villas average around €1,700,000, or about $1,968,000, and character homes average around €750,000, or about $868,000.
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?
In Malta in 2026, a new or newly finished home usually costs about 12% to 25% more than a similar older home in the same area, with a simple national estimate of about 18%.
This premium exists because new Malta homes reduce renovation risk and because buyers pay more for modern layouts, lifts, finishes, energy performance and lower short-term maintenance.
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How do property prices vary by neighborhood in Malta in 2026?
In Sliema, buyers mostly find apartments, seafront apartments and penthouses, with typical prices from about €450,000 to €1.4 million, or about $521,000 to $1.62 million. Prices are high because Sliema is central, coastal, walkable and very popular with expats and renters.
In St Julian’s, buyers mostly find apartments, luxury flats and penthouses, with typical prices from about €475,000 to €1.6 million, or about $550,000 to $1.85 million. Prices are high because St Julian’s has nightlife, offices, restaurants, international demand and premium projects such as Portomaso.
In Birkirkara, buyers mostly find existing apartments, maisonettes and family homes, with typical prices from about €240,000 to €550,000, or about $278,000 to $637,000. Prices are lower than the prime coast because Birkirkara is more local and less seafront-driven, but it remains practical for commuting.
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:
| Area in Malta | Market label | Average price range | Average price per sqm | Average price per sqft |
|---|---|---|---|---|
| Sliema | Prime coastal and expat | €450k to €1.4m, or $521k to $1.62m | €4,800 to €7,000, or $5,555 to $8,101 | €446 to €650, or $516 to $753 |
| St Julian’s | Prime lifestyle and expat | €475k to €1.6m, or $550k to $1.85m | €4,500 to €7,500, or $5,208 to $8,680 | €418 to €697, or $484 to $807 |
| Valletta | Historic and prestige | €380k to €1.2m, or $440k to $1.39m | €4,000 to €6,500, or $4,629 to $7,522 | €372 to €604, or $430 to $699 |
| Gżira | Central and rental | €300k to €700k, or $347k to $810k | €3,600 to €5,200, or $4,166 to $6,018 | €334 to €483, or $387 to $559 |
| Swieqi and Pembroke | Family and expat | €350k to €900k, or $405k to $1.04m | €3,800 to €5,800, or $4,398 to $6,713 | €353 to €539, or $409 to $624 |
| Naxxar | Family and central-north | €300k to €800k, or $347k to $926k | €2,800 to €4,200, or $3,240 to $4,861 | €260 to €390, or $301 to $452 |
| Mosta | Family and value | €260k to €650k, or $301k to $752k | €2,700 to €3,800, or $3,125 to $4,398 | €251 to €353, or $290 to $409 |
| Birkirkara | Commute and local demand | €240k to €550k, or $278k to $637k | €2,500 to €3,600, or $2,893 to $4,166 | €232 to €334, or $269 to $387 |
| Marsaskala | Coastal value | €230k to €550k, or $266k to $637k | €2,300 to €3,400, or $2,661 to $3,935 | €214 to €316, or $247 to $366 |
| Qormi | Value and commute | €210k to €500k, or $243k to $579k | €2,200 to €3,200, or $2,546 to $3,703 | €204 to €297, or $237 to $344 |
| Żabbar and Żejtun | Entry and value | €190k to €450k, or $220k to $521k | €2,000 to €3,000, or $2,315 to $3,472 | €186 to €279, or $215 to $323 |
| Victoria, Gozo | Lower-cost and lifestyle | €170k to €450k, or $197k to $521k | €1,800 to €2,800, or $2,083 to $3,240 | €167 to €260, or $194 to $301 |
How much more do you pay for properties in Malta when you include renovation work, taxes, and fees?
In Malta in 2026, a normal finished property usually costs about 6% to 9% more than the purchase price after taxes and closing costs, while a property needing renovation can cost 15% to 35% more in total.
For a property bought around $200,000, or about €173,000, a buyer in Malta may pay roughly €12,000 to €18,000 in taxes and basic closing costs. The total outlay would often land around €185,000 to €191,000, or about $214,000 to $221,000, before any major renovation.
For a property bought around $500,000, or about €432,000, a buyer in Malta may pay roughly €28,000 to €45,000 in taxes and basic closing costs. The total outlay would often land around €460,000 to €477,000, or about $532,000 to $552,000, before renovation or furniture.
For a property bought around $1,000,000, or about €864,000, a buyer in Malta may pay roughly €55,000 to €80,000 in taxes and basic closing costs. The total outlay would often land around €919,000 to €944,000, or about $1.06 million to $1.09 million, before renovation or furnishing.
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
| Extra cost | Cost type | Estimated cost range in Malta |
|---|---|---|
| Stamp duty | Tax | Stamp duty is usually 5% of the property price. A €300,000 home would mean about €15,000, or about $17,000, before any reliefs. First-time buyer, Gozo and UCA rules may change the final amount. |
| Notary fees | Legal fee | Notary costs often range from 1% to 2% of the property price. On a €300,000 home, this means about €3,000 to €6,000, or about $3,500 to $6,900. |
| Architect survey | Due diligence | An architect or survey usually costs about €500 to €2,000, or about $600 to $2,300. This check is important because older Malta homes may have damp, structure or permit issues. |
| Bank valuation and mortgage setup | Finance | Bank valuation and mortgage setup costs often range from €300 to €2,000, or about $350 to $2,300. Some banks may charge more if there are arrangement fees. |
| Agency fee | Transaction fee | Agency fees are often paid by the seller, but buyers should check the agreement carefully. If the buyer pays, a safe allowance is 1% to 3.5% of the price. |
| Light renovation | Renovation | Light renovation often costs about €300 to €700 per sqm, or about $350 to $810 per sqm. This may cover repainting, basic kitchen or bathroom updates, and small repairs. |
| Full renovation | Renovation | Full renovation often costs about €900 to €1,800 per sqm, or about $1,040 to $2,080 per sqm. This is more realistic when plumbing, electrics, flooring, bathrooms and layouts need work. |
| Structural or heritage renovation | High-risk work | Structural or heritage renovation can cost €1,800 to €3,000 per sqm or more, or about $2,080 to $3,470 per sqm or more. This is common in older townhouses and character homes. |
| Furniture and appliances | Move-in cost | Furniture and appliances often cost about €10,000 to €40,000, or about $11,600 to $46,300. The final amount depends on size, rental use and finish level. |
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, or about €86,000, there is not really a normal finished-home market in Malta in 2026, but a buyer may find a garage, airspace, a very small distressed shell in inland Gozo, or a deposit toward a small apartment.
With $200,000, or about €173,000, a buyer may find an existing 1-bedroom apartment of 45 to 55 sqm in inland Gozo, a small older 50 to 60 sqm apartment in Żabbar or Żejtun, or a compact studio of 40 to 50 sqm on the outskirts of Marsaskala.
With $300,000, or about €259,000, a buyer may find an existing 2-bedroom apartment of 75 to 85 sqm in Birkirkara, a 2-bedroom apartment of 80 to 90 sqm in Marsaskala, or a 2-bedroom apartment of 85 to 95 sqm in Victoria or nearby Gozo towns.
With $500,000, or about €432,000, a buyer may find a 2-bedroom apartment of 80 to 100 sqm in Gżira, a 3-bedroom apartment or maisonette of 110 to 130 sqm in Mosta or Naxxar, or a modern 2-bedroom apartment of 75 to 90 sqm on a Sliema side street.
With $1,000,000, or about €864,000, a buyer may find a 2-bedroom or 3-bedroom apartment of 120 to 150 sqm in Sliema, a penthouse of 120 to 160 sqm in St Julian’s or Gżira, or a townhouse of 180 to 250 sqm in Naxxar, Mosta or Balzan.
With $2,000,000, or about €1.73 million, a buyer has access to Malta’s luxury market and may find a seafront apartment or penthouse of 160 to 220 sqm in Sliema or St Julian’s, a villa of 250 to 350 sqm in Madliena or Ibragg, or a restored character home in Valletta or the Three Cities.
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 used | Why this source matters | How we used the source |
|---|---|---|
| National Statistics Office Malta, Property statistics | NSO Malta is the official statistics office, so it is the best base for Malta residential transaction data. | We used NSO Malta to anchor the article in official deed values and transaction activity. We also used it to avoid relying only on asking prices from agents. |
| NSO Malta, Residential Property Transactions: April 2026 | This release is based on tax-authority registrations of final deeds and promise-of-sale agreements. | We used the April 2026 final deed count and total deed value to estimate the current average transaction size. We also used it to check whether activity was still rising in early 2026. |
| NSO Malta, Residential Property Price Index Q4 2025 | This is the official transaction-based residential property price index for Malta. | We used this release for the latest official year-on-year price growth signal before June 2026. We then compared it with transaction and asking-price data. |
| Central Bank of Malta, Real Economy Indicators | The Central Bank of Malta publishes macroeconomic indicators and advertised-property-price indicators. | We used Central Bank of Malta data to compare official transaction-based trends with advertised-price momentum. We also used it as a check on 2026 market direction. |
| Eurostat, Housing price statistics | Eurostat standardizes housing price data across EU countries. | We used Eurostat to understand Malta’s house-price data in the wider EU framework. We also used it as a consistency check for long-term price trends. |
| European Central Bank, EUR/USD reference exchange rate | The ECB is the official euro-area source for reference exchange rates. | We used the 9 June 2026 EUR/USD reference rate of €1 = $1.1573. We used one rate throughout the article so the dollar conversions stay consistent. |
| KPMG and Malta Development Association, Construction Industry and Property Market Report 2025 | This is one of Malta’s most detailed annual property market reports. | We used the report for asking prices, property-type mix and apartment, penthouse, maisonette and villa benchmarks. We adjusted asking prices downward where needed to estimate realistic sale prices. |
| Malta Tax and Customs Administration, Buying Property | This is the government source explaining stamp duty and property-related taxes for buyers. | We used it for the tax and fee section. We combined it with notary, architect, bank and renovation assumptions to estimate total buyer cash needs. |
| National Statistics Office Malta, general statistical releases | NSO Malta provides the official context behind population, economic and property statistics. | We used NSO Malta’s wider data context to interpret why housing demand remains strong. We focused on statistics that help explain residential demand, not commercial property. |
| Central Bank of Malta, economic research and publications | The Central Bank of Malta tracks the wider economy, which affects housing demand and credit conditions. | We used the Central Bank of Malta as a macroeconomic cross-check. We looked at price momentum in the context of income, employment and the broader economy. |
| Malta Development Association | The Malta Development Association represents an important part of the construction and property industry. | We used MDA-linked research to understand supply, construction pressure and stakeholder feedback. We treated this as market intelligence, not as official transaction data. |
| Government of Malta, Buying Property guidance | Government guidance helps buyers understand the basic process of buying property in Malta. | We used government guidance to keep the buyer-cost section practical. We also used it to explain why fees, taxes and due diligence matter before completion. |
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