Where to Purchase Flats in Malta

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Recent surveys have shown that property rental rates in Malta for 1, 2 and 3 bedroom flats as well as detached and non-detached houses are some of the cheapest in Europe. Average rent for a one bedroom flat in Malta was on average €440 per month, whereas houses vary from between €1,200 and €3000 a month on average.

Today, Malta’s property market is booming with high quality and inexpensive flats, many which are sold as shells, others partially finished and others completed and ready to move in to. With such a range on offer, there is a natural demand for quality, and Tumas Development ensures that even their smallest studio flats live up to their expectations.

Particularly popular with foreign residents who seek employment overseas and who can typically afford average to above average rent, Tumas Developments offer everything from a cosy open plan, one-room studio flat to a glorious duplex penthouse, offering its own private terrace across three sides of the apartment. These luxurious properties are available for varying prices at Portomaso, Mellieha and Marsascala, and a vast number of blocks have already been sold to Maltese and foreign residents alike. These are three of Malta’s main areas of attraction, and so it is hardly surprising that so many people search for a flat here. Students, youngsters, investors and retirees all seek a luxurious flat that provides them with space, comfort and above all privacy. 

All three locations are within the reach of Maltese and local residents equally, and can be purchased, rented, leased and vacationed in at the owner’s discretion, being Special Designated Areas.In terms of seclusion, Tas-Sellum in Mellieha is the most prestigious development on the island, located only a short distance from the beautiful sandy bay of Ghadira, and surrounded by the hospitality of the little northern village in which it sits. Tas-Sellum promises sensitive, lavish landscaping, and all of the privacy and safety of an exclusive residence. Flats in Tas-Sellum overlook some breath taking scenery, and one can be yours from only €158,000.

For Malta’s newest young residents, Portomaso offers an exclusive destination just a stone’s throw away from Malta’s buzzing nightlife capital, St. Julian’s. Purchasing a luxuriously finished and furnished flat in Portomaso will cost approximately €282,000, and promises a fantastic lifestyle in amongst Malta’s finest clubs, bars and restaurants, casino, shopping centre and promenade.

Ta’ Monita located in Marsascala at the opposite corner of Malta to Mellieha, has the ambience of its quiet fishing village surroundings and seaside location. At the same time this stunning development presents an initiative and standard-setting residence, attracting businesses and investors to purchase its fine flats in Malta, overlooking the bay and the open Mediterranean Sea.

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