Malta is an attractive option for first-time property buyers and seasoned investors. So, where are the best places to buy property in Malta in 2024? The answer largely depends on your budget and your preferences.
Buying property in Malta is never easy as it is filled with vibrant towns, villages, and picturesque islands. Conventional and contemporary lifestyles go side by side in the country. Typically, the lifestyle in the north is modern and made of great party places and shopping areas, while the south is more traditional.
Finding the right place involves a lot of research, which can be more complicated if you do this from another country. Fret not; we are here to help you.
We have shortlisted the most popular locations based on what expats favour. Whether you prefer a more cosmopolitan vibe or you would like to live in a much more laid-back environment, Malta has something to offer. Kickstart your search and ensure that you invest wisely in your second home.
Read this government document to learn the conditions for buying immovable property in Malta.
Parties, Cosmopolitan Life, and Scenic Views
The best Maltese cities to live and invest in include Sliema, St. Julian’s, and Gzira. These places are no less than vacation spots and make you feel like you are living the life of your dreams.
These cities are known for the wide range of restaurants, gourmet and street food, popular nightclubs, shopping areas and scenic views.
Sliema
If you want to live with other expats in the Harbour, Sliema can be a good choice. Specifically, the most popular area for living and investment is Tigné Point. The recent developments have led to the restoration of important historical sites within the area. Additionally, Sliema is also the centre point of trade.
St. Julian’s
If you are looking for a place with easy access to arenas and entertainment in the Harbour, St. Julian’s is where you should be. There are many bars in Sliema, but St. Julian’s is home to the famous nightclubs in the Paceville area. However, you will still find businesses and a few residential zones.
Gzira
“Gzira” means “island” in Maltese, named after Manoel Island, which lies adjacent to the town. Located between Msida and Sliema, the seafront of Gzira has views of the walled city of Valletta, the yacht marina, and a public garden. With easy accessibility, this town is the perfect blend of city life with scenic views.
Splendid Architecture and Rich Heritage
Malta has several cities rich in architecture and culture, giving people a fast-paced lifestyle. If this is your idea of life, check out Valletta, the Three Cities, and Mdina. Primarily surrounded by old walls and beautiful buildings, these cities are not too far from the centre, yet fast-paced and with an expat population.
Valletta
Valletta is Malta’s capital city and one of the smallest capital cities in Europe. The city is a cultural UNESCO World Heritage Site. Located on the other side of the bay of Sliema, it is easily accessible on a five-minute ferry ride and about 20 minutes by car. Housing buildings with great architecture, Valletta is rich in culture and heritage. Moreover, it is an idyllic city with old, well-preserved walls.
Notably, as the expat population here is relatively tiny compared to other places in Malta, it is not the most expensive location in terms of property. With a population of 7,000, it has fewer businesses and is perfect for a relaxed life.
The Three Cities (Cospicua, Senglea and Vittoriosa)
The Three Cities make up one of the oldest areas of Malta. These areas reflect the diverse cultures that have influenced Malta throughout its history. The Three Cities offer a unique glimpse into the past. Visitors can explore countless churches, museums and other historic sites. In addition, the Three Cities are home to several restaurants and cafes, making it the perfect place to enjoy a meal while soaking up the atmosphere of this historic area.
Mdina
Mdina is one of Malta’s major tourist attractions, hosting about 750,000 tourists annually. Also nicknamed the “Silent City,” it displays an unusual mix of Norman and Baroque architecture. This includes several palaces, most of which serve as private homes.
There was an extensive restoration of the city walls between 2008 and 2016. A beautifully restored architecture, Essentially, Mdina city offers the perfect home for any history enthusiast.
Fishing Villages and a Slow-paced Life
Are you done with the mad rushes and never-ending traffic jams? Do you prefer a relaxed cup of coffee in your backyard over spunky cafes in the city? If your answer to these is yes, you might want to check the areas listed below.
Marsaxlokk
The coast side of this fishing village of Marsaxlokk has the best seafood restaurants on the island. Marsaxlokk is famous for its Sunday fish market and painted boats called Luzzus.
If you want to find a suitable beach property away from the crowds, Marsaxlokk is the place you are looking for. It has a small sandy beach on the east side. The south is one of the cheapest places to find accommodation, and there are also bars and restaurants.
However, job opportunities are less in this zone. Getting to Valletta or the Harbour via public transport will be challenging. But if you are up for a relaxed, tranquil life, Marsaxlokk sounds perfect.
Mellieha
Mellieha is popular with expats, mainly with British retirees. There are plenty of holiday homes and villas here, and things are quieter. There are some great beaches in Mellieha. Again, perfect for a slow-paced life, soaking in the view and sipping a drink (or two).
Gozo
Gozo is a smaller sister island to the north of Malta. The capital of Gozo is Victoria, which features on the list of best cities in Malta because of its comfortable way of life. Victoria may be a peaceful setting, but it has many restaurants, shops, hospitals, schools, and excellent transport links.
Gozo is also home to beautiful historical sites like the St. George’s Basilica. Be it apartments, maisonettes, farmhouses, terraced houses, villas, or bungalows, each home here has something to offer – remarkable comfort, views, and stories.
