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Rental yield by locality (Malta)

Gross annual rental yield for every Maltese locality with an active sale and rental market. Sortable by yield, computed from live listing medians, refreshed daily.

Data as of May 16, 2026

Malta median gross yield

3.9%

Weighted across 57 localities with both sale and rental markets

Yield by locality

Sorted by gross yield, descending. Counts are listings for sale / for rent on the date shown.

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LocalityMedian saleMedian rent (monthly)Gross yieldListings
Xewkija
Gozo
€297,000€2,0008.1%31 / 11Full report
Għajnsielem
Gozo
€271,000€1,3005.8%55 / 6Full report
Pietà
Central
€275,000€1,3005.7%64 / 56Full report
Ħamrun
Central
€277,000€1,2005.2%45 / 29Full report
Paola
South
€277,500€1,2005.2%72 / 20Full report
San Ġwann
North
€360,000€1,5005.0%88 / 126Full report
Fgura
South
€292,250€1,2004.9%92 / 39Full report
Msida
Central
€300,000€1,2004.8%87 / 167Full report
Tarxien
South
€315,000€1,2504.8%54 / 16Full report
Gżira
Central
€328,000€1,3004.8%101 / 173Full report
St. Paul's Bay
North
€310,000€1,2004.6%280 / 406Full report
Marsaskala
South
€320,000€1,2004.5%137 / 222Full report
Santa Venera
Central
€350,000€1,2504.3%65 / 52Full report
Victoria
Gozo
€332,000€1,2004.3%74 / 43Full report
Ta' Xbiex
North
€425,000€1,5004.2%18 / 49Full report
Luqa
Central
€372,500€1,3004.2%52 / 27Full report
Birkirkara
Central
€345,000€1,2004.2%230 / 219Full report
Xgħajra
South
€345,000€1,2004.2%25 / 29Full report
Gudja
South
€402,000€1,4004.2%14 / 17Full report
Nadur
Gozo
€299,000€1,0254.1%44 / 8Full report
Attard
North
€355,000€1,2004.1%86 / 154Full report
Birżebbuġa
South
€355,000€1,2004.1%82 / 46Full report
Żabbar
South
€362,500€1,2004.0%78 / 32Full report
Marsa
South
€553,000€1,8003.9%25 / 13Full report
Mosta
North
€397,500€1,3003.9%216 / 167Full report
Żejtun
South
€372,000€1,2003.9%64 / 41Full report
Għaxaq
South
€367,000€1,2003.9%15 / 25Full report
Qormi
South
€375,000€1,2003.8%176 / 85Full report
Balzan
North
€485,000€1,5003.7%63 / 66Full report
Żebbuġ (Gozo)
Gozo
€288,500€9003.7%36 / 11Full report
Pembroke
North
€547,500€1,7003.7%12 / 16Full report
Żurrieq
South
€402,000€1,2003.6%60 / 56Full report
Mqabba
South
€480,000€1,4003.5%14 / 6Full report
Xagħra
Gozo
€440,000€1,3003.5%32 / 10Full report
Iklin
North
€455,000€1,3003.4%34 / 31Full report
Naxxar
North
€500,000€1,4003.4%121 / 166Full report
Siġġiewi
Central
€443,000€1,2003.3%52 / 64Full report
Sannat
Gozo
€276,000€7503.3%41 / 6Full report
Mġarr
North
€450,000€1,2003.2%31 / 68Full report
St. Julian's
North
€590,000€1,5003.1%188 / 308Full report
Swieqi
North
€639,000€1,6753.1%188 / 218Full report
Għargħur
North
€485,000€1,2003.0%23 / 52Full report
Safi
South
€480,000€1,2003.0%11 / 22Full report
Senglea
South
€531,000€1,3002.9%15 / 5Full report
Sliema
North
€825,000€1,9002.8%197 / 466Full report
Kalkara
South
€560,000€1,3002.8%19 / 9Full report
Floriana
Central
€750,000€1,7502.8%18 / 14Full report
Żebbuġ
Central
€535,000€1,2002.7%110 / 97Full report
Mellieħa
North
€585,000€1,3002.7%161 / 132Full report
Lija
North
€697,000€1,5002.6%23 / 48Full report
Bormla
South
€585,000€1,2002.5%18 / 28Full report
Dingli
Central
€595,000€1,2002.4%23 / 24Full report
Marsaxlokk
South
€640,000€1,2002.3%29 / 25Full report
Qrendi
South
€663,500€1,2002.2%28 / 18Full report
Rabat
North
€757,500€1,2001.9%74 / 87Full report
Birgu
South
€1,202,000€1,6501.6%8 / 13Full report
Valletta
Central
€980,000€1,2001.5%36 / 63Full report

How Malta rental yield compares across the Mediterranean

Malta sits alongside Cyprus, Spain, Italy, Portugal, and Greece as the standard Mediterranean property-investment comparison set. Each market has different yield profiles driven by sale prices, tourist demand, and rental regulation.

MarketTypical gross yieldNotes
Malta (live, this dataset)see table aboveLive medians from Darscover. Strongly bifurcated: Sliema/St Julian's compress below 4%, commuter belt and tourist-corridor towns can clear 6 to 7%.
Cyprus (Limassol, Paphos)4.5 to 6%Comparable Mediterranean island market. Limassol and Paphos dominate the foreign-buyer flow. Stronger seasonality than Malta.
Spain (Costa del Sol, Madrid, Barcelona)3.5 to 5.5%Larger market, deeper liquidity. Coastal yields are seasonality-led; metro yields (Madrid, Barcelona) are tighter but more stable.
Italy (Sicily, Sardinia, Tuscany)3 to 5%Lower headline yields offset by lower prices in southern Italy. Heavy regulation on short-let in tourist cities. Gross-to-net spread is wider than Malta.
Portugal (Algarve, Lisbon, Porto)4 to 6%Algarve coastal property closer to Malta's profile; Lisbon yields under pressure from price appreciation. Recent NHR / Golden Visa changes have cooled foreign demand.
Greece (Athens, Greek islands)4 to 7%Athens recovery has compressed yields recently; Greek islands remain higher-yield, higher-volatility plays. Smaller foreign-buyer infrastructure than Malta.

Net of expenses, well-located Maltese property typically returns 3.5 to 5%, comparable to Cyprus and Algarve and slightly above Spain or Italy at the same price point. Malta's English-speaking environment and EU membership reduce friction for international buyers, which is the structural premium investors pay for at the gross-yield level.

Comparison yield ranges are industry benchmarks, not Darscover-computed. Sources include Knight Frank European Real Estate Outlook, JLL Mediterranean Investor Survey, and Eurostat Housing Statistics. Use the live Darscover figures above for Malta; the comparison row is a benchmark on the same basis (gross, before costs).

How the yield is calculated

Gross annual rental yield is the standard property investment metric used by Knight Frank, JLL, the Maltese Central Bank, and most Maltese agencies. It measures annualised rental income against the asset's market value before any costs.

gross yield = (median monthly rent x 12) / median sale price x 100
  • Medians (not averages) so a handful of luxury outliers don't skew the figure.
  • Localities with under 5 listings on either the sale or rental side are excluded; small samples produce unstable yields that rank misleadingly.
  • Gross, not net: figures do not subtract maintenance, vacancy, agency fees, or income tax. Net yield is typically 1.0 to 1.5 percentage points lower.

Rental yield FAQs

What is rental yield?

Rental yield is the annual rental income from a property expressed as a percentage of its market value. It is the headline figure investors use to compare property as an income asset against bonds, equities, or other rental markets.

How is this data collected?

We compute median sale price and median monthly rent for every Maltese locality with at least 5 active listings on each side, then divide annual rent by sale price. The same listing pool that powers Darscover search powers these figures, so the data reflects the live Maltese market rather than self-reported transaction data with a multi-month lag.

What's the difference between gross and net yield?

Gross yield is the annual rent divided by the property value, before any costs. Net yield subtracts maintenance, vacancy, agency management fees, ground rent, and income tax. Net yield in Malta is typically 1.0 to 1.5 percentage points below gross, depending on the property's age and the use case (long let, short let, holiday rental).

Which Maltese locality has the best rental yield?

It varies. Higher-yield areas tend to be cheaper sale-price markets where rental demand is still strong (commuter belts and tourist-corridor towns). Sliema and St Julian's, despite having the most rental demand, tend to show lower gross yields because sale prices are exceptionally high. The table above is sorted by yield descending so the top row at any moment is the current best on the page.

How often is this updated?

The underlying calculation runs daily. The page is statically cached for 24 hours, so a freshly listed property may take up to a day to influence the displayed median. The asOf date at the top of the page shows when the cache was last refreshed.

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Yields shown are gross and computed from live listing medians, not transacted prices. Rental income may differ from listing rents due to negotiation, voids, and deposits. Past performance is not a guarantee of future yield. Always do your own due diligence before any property investment.