The Malta Property Landscape - A true picture
The Malta Property Landscape
A true picture
...brings together Dhalia’s high-quality data on the real estate market and the analytical expertise of Grant Thornton Malta. Timely information on developments in the Maltese property market based on in-depth analysis is needed by policymakers, businesses and people investing in property to make informed choices.
Reliable data is currently either unavailable or limited in its consideration of important factors that drive house prices, or available with a significant delay. With the introduction of this bi-annual publication, we aim to fill this gap.
The house price indices are developed using Dhalia’s database, which consists of more than sixty-five thousand property transactions, covering all locations in Malta and Gozo over several years. However, it is not the large number of property transactions that makes the database unique. Rather it is the quality of the data and the way in which it has been organised to enable a rigorous analysis of what is happening in the property market.
Every day, new data is carefully compiled by individual real estate agents and then organised to enable the development of indices that go beyond the simple comparison of the price of a three-bedroom apartment, with that of another in the same location that was sold sometime earlier.
As no property is like any other, comparisons require careful consideration of similarities and differences in properties’ characteristics; and these differences matter for policy, business and investment decisions.
It is for this purpose that we developed "The Malta Property Landscape: a true picture". It includes, among others, insights into several aspects of the real estate market, such as the return on investment in property, its valuation and affordability, and selling and rental price changes.