Tips to consider when renting a property in Malta
Letting property in Malta is becoming increasingly more popular, be it with locals or foreigners. Finding the right long let property can take a while. We highly recommend not rushing into anything, however when the right property comes along snatch it up immediately as it will be rented very quickly, sometimes in less than an hour.
When renting a long let property in Malta, it is good to speak to a Letting Specialist that can guide you on your decision in locating what is right for you. One thing that you should clarify with the Letting Agent is the Water and Electricity bills. Always make sure that the utility bill is issued as ‘residence 1 ‘or more. If the bill is issued with ‘residence 0’ you will be charged a higher rate.
Prices for property for long let in Malta are on the way up. When you do find something that ticks all your boxes make sure you sign for a minimum of one year, with the option to extend. A six month contract finishes very quickly and before you know you will find yourself looking for another property in high season. High season is from May till October. These are the summer months. During these months many of the property owners rent their property for short let to various interns and travellers that come to Malta during the sunny summer days.
At Quicklets we have a large database of long let properties. Most of these properties are located between Pieta and Bugibba along the coastline. We also offer a variety of properties for long let in land, mainly from San Gwann up to Mosta. We also have a few properties for Long let in Rabat and Mellieha. Malta is very well connected with the bus routes, however everyone still prefers living close to the Sliema and St. Julians area. Sliema and St. Julians are the hub of shopping and office space amongst most international companies. The properties are also very modern and most have ecstatic views. Valletta is also picking up and should be the future of Malta’s high end luxury rentals, however the space there is limited so prices will be on the high end.
Whatever the story, Malta will always have its sunshine and hospitability. The Maltese islands are high on demand, whether moving your company, retiring in Malta or investing in a ‘buy to let’ property, long lets will always be a busy subject.