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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.




George Vella | Partner, Head of Advisory

George Vella leads the Transaction Advisory Team within Grant Thornton. George has over 15 years experience in corporate and project finance, research and development, strategic and project management,

At Grant Thornton, George and his team provide a variety of services including financial control, internal audit, evaluation services, assistance in the preparation of business plans, feasibility studies and cost benefit analyses, business valuations, assistance with mergers and acquisitions,  project finance and corporate finance advisory services.

Apart from the management and leadership of the firm’s advisory practice, George also still holds various technical roles in high profile advisory assignments, including EU funding projects and applications as well as fund raising for the private sector, both through negotiating bank loans or raising private equity, and through assisting in public equity and bond listing.