Real Estate / Office Space

Built to the highest standards and often enjoying magnificent views, Malta offers a wide range of commercial property for rent or purchase. Office space is available in purpose-built office blocks, as well as in converted houses and flats, or within some of the new, large mixed-use developments. Sliema and St. Julian’s are popular locations, with Tigné Point in Sliema and the Portomaso Business Tower in St Julian’s being prime venues. Valletta, the capital, is the administrative centre, offering office space in prestigious townhouses or centuries-old palazzos. A number of business centres in different parts of the island provide fully equipped offices that are available on flexible terms, with meeting rooms and a receptionist service as part of the package. A large number of local and international real-estate agents provide sales and letting services and can assist in locating suitable property.

 

Costs of Commercial Space

 

Type of                      Approx. Rental Prices                     

Office Space            in € /m2 per annum                               

                                   

Prestigious                  €380                                                   

                                                                                                             

Professional               €250                                                   

                                                                                                

Economical                 €120                      

                            

 

Type of                      Approx. Sale Prices                     

Office Space            in € /m2                           

                                   

Prestigious                   €6,000 +                                                   

                                                                                                             

Professional                €4,000

                                                                                                       

Economical                  €2,000                 

 

 

Costs of Residential Space

 

Type of                     Approx. Rental Prices               

Residence              Monthly                                

                                   

Prestigious                €6,000                                                  

                                                                                                           

Professional              €2,500                                                

                                                                                                      

Economical                €800                                               

 

Type of                      Approx. Sale Prices

Residence               in € /m2

                                   

Prestigious                €8,000 +      

                                                                                                           

Professional              €4,000

                                                                                                      

Economical               €1,500/ 2,000  

 

Source: ENGEL & VÖLKERS SARA GRECH

 

Co-Working Spaces

As Malta’s start-up community is expanding rapidly, a number of co-working spaces have opened up offering entrepreneurs the opportunity to work in a vibrant and dynamic environment that will not only foster their ideas, but also create invaluable business connections while still being affordable. The HUB Workspace, Soho Office, THAT Space and Regus are all companies offering shared office solutions.

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