How to Rent a Home in Malta

Navigating the process of renting a home in Malta for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Malta their home.

"Malta, a beautiful island country in the Mediterranean, is a popular destination for expats from around the world. Whether you're moving for work, retirement, or simply a change of scenery, finding a place to live is one of the first steps in settling into your new home. This guide will provide you with all the information you need to know about renting an apartment in Malta, from finding a property to signing the lease.

How Do You Find a Rental Property in Malta?

There are several ways to find rental properties in Malta. Online property portals such as PropertyMarket.com.mt, Frank Salt, and RE/MAX Malta are popular resources. Local newspapers and real estate agencies also list available rentals. It's also common to find rental properties through word-of-mouth, so networking can be beneficial.

Does Malta Have an MLS Type System?

Malta does not have a Multiple Listing Service (MLS) like in the United States. However, most real estate agencies have their own websites where they list available properties. These websites are usually updated regularly and provide detailed information about each property, including photos, location, size, and price.

Do Brokers Have Licenses and How Do I Know if They Are Licensed?

Yes, real estate agents in Malta must be licensed by the Malta Financial Services Authority (MFSA). You can verify an agent's license by checking the MFSA's online register or contacting the MFSA directly.

Should I Buy or Rent?

This depends on your personal circumstances and long-term plans. Renting can be a good option if you're not sure how long you'll be staying in Malta or if you prefer not to have the responsibilities of home ownership. Buying can be a good investment if you plan to stay in Malta long-term. It's advisable to consult with a financial advisor before making a decision.

Is It Difficult to Find Rentals in Malta?

While the rental market in Malta is competitive, it's not impossible to find a rental property. The demand for rentals is higher in popular areas like Valletta, Sliema, and St. Julian's, so it may take longer to find a property in these areas. However, there are plenty of rentals available in other parts of the island.

What Documents Are Required When Renting an Apartment?

When renting an apartment in Malta, you'll typically need to provide a copy of your passport, proof of income (such as pay slips or a job contract), and a reference from a previous landlord. If you're a non-EU citizen, you may also need to provide a copy of your residence permit.

Do I Need a Lawyer When Renting an Apartment in Malta?

While it's not mandatory to have a lawyer when renting an apartment in Malta, it can be beneficial. A lawyer can review the lease agreement to ensure your rights are protected. The cost for this service can vary, but it's typically around €150-€300.

How Long Is the Typical Lease For?

The typical lease in Malta is for one year, but shorter or longer leases can be negotiated. It's important to read the lease agreement carefully and make sure you understand the terms before signing.

Do I Have to Pay a Deposit?

Yes, it's standard practice in Malta to pay a deposit when renting an apartment. The deposit is usually equivalent to one month's rent, but it can be higher for furnished apartments or luxury properties. The deposit is refundable at the end of the lease, provided there are no damages to the property.

What Other Upfront Costs Are There When Renting?

In addition to the deposit, you'll also need to pay the first month's rent upfront. Some landlords may also require a fee for drawing up the lease agreement. If you're using a real estate agent, you'll need to pay a commission, which is usually equivalent to half a month's rent.

Are Utilities Included?

Utilities are typically not included in the rent and must be set up and paid for by the tenant. The cost of utilities can vary depending on usage, but they are generally not expensive in Malta. It's important to clarify with the landlord who is responsible for paying for utilities before signing the lease.

Are Furnished or Unfurnished Rentals More Popular?

Furnished rentals are more common in Malta, especially in areas popular with expats and tourists. A furnished apartment typically includes all the necessary furniture, as well as appliances like a refrigerator, stove, and washing machine. Unfurnished apartments may include some appliances, but not furniture. The choice between furnished and unfurnished depends on your personal needs and preferences," said one expat living in Malta.

Expats Talk about How they Found their Home

"St Julians/Sliema is effectively the centre of Malta in terms of bars, restaurants, beaches and everything a visitor might want or expect from Malta," commented an expat living in Malta.

"One of the best ways to find a place to live in Malta is to use online resources such as property websites, classifieds, and real estate agents. You can also search for rental properties on social media platforms such as Facebook and Twitter. Additionally, you can ask friends and family who live in Malta for recommendations. Once you have identified a few potential properties, it is important to visit them in person to get a better feel for the area and to ensure that the property meets your needs," said an expat in Malta.