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ARTICLE · 24 JULY 2014

Rent It To The Max!

Thinking of renting out your unused property? The right advice can spell the difference between a low return and a high-yielding investment.

MaltaReal Estate and Construction

Rents in Malta are relatively low compared to house prices. That means that landlords tend to achieve a lower return on their investment than in other parts of Europe. Typically, rents for a one-bedroom apartment range from around €250 to €400 while a three-bed goes from €450 to €650. However, there are ways to increase that return and ensure your property is the one going for €1000 or more. Here's how to turn your property into a money-spinner.

Location still counts

Think carefully before you buy because location continues to be key. Properties in Sliema, St Julian's, Valletta and St Paul's Bay tend to perform better than average, giving a return of about 4%. Of course, you'll pay a premium for these spots, but you're unlikely to ever be short of a tenant, so the extra investment will probably pay off.

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