How to rent a property in malta
Hi, are you looking for renting a property in Malta and you don't know how to do it? Don't worry, we are here to help you!
First of all, of course, you have to establish where you want to live (check "Where to live in Malta?"). Malta is a small island, but moving by bus usually requires a lot of time due to the traffic problems. especially during peak times. So, it's important to choose a property close to your workplace and all the daily needs such as shops, groceries, restaurants, etc.
Another important thing to be considered is the budget that you can spend on rent. Keep in mind that the closer you move to the central areas like Sliema, Gzira, and St. Julian's, the more you will spend.
After you have chosen the area and you have established your budget, you can start looking for properties in the rental market. In Malta, it's very popular on the Facebook Marketplace and Maltapark as online platforms. Our suggestion, however, is to go with a trusted real estate agent who can help you with all the procedures. Furthermore, a real estate agent, thanks to his experience and knowledge of the market, can guide you to a very good deal and also negotiate the price for you. A professional in this sector can also have some hidden gems! (Check the reasons why to choose a real estate agent)
In Malta, the rental market is extremely fast and a very good thing is to leave a deposit. Once you've viewed the best options and you've liked one of the properties, it's time to reserve it! So, make sure to always bring with you a deposit when you see the properties, or you will risk losing the opportunity.
How does it work with the security deposit in Malta?
The deposit is usually just the equivalent of one month, but can sometimes be two. This is a sum that the landlord will keep till the end of the agreement. If you will not cause any damage to the property, the security deposit will be given back to you! Keep in mind that this cannot be used to pay your monthly rent.
Now you are ready to sign the agreement! In Malta, the most common agreement is the long private residential lease of one year. You can download a template here:
At the signing of the agreement, it will remain to be paid the month in advance and the agency fee. At SweetHome real estate, we apply the standard fee of 50% of one month's rent plus 18% VAT. Just one time.
Your research can start with our website! Check our "Available Properties" to find the best options for you!