A long term lets Malta  to a rental contract that is at least six months. They’re great for those who aren’t sure how long they want to rent a property for, e.g. someone who’s working on a temporary contract, or for students. It’s also a good option for people who are moving to Malta permanently and want to avoid the hassle of renting, but aren’t ready to buy a house or apartment just yet.

Compared to short lets, there are a lot more long term rentals on the market. This is due to an influx of contract workers, the popularity of sharing large apartments in sought-after areas, as well as the unstoppable rise of sales prices. In fact, it’s almost impossible to find a decent sized apartment in the most desirable locations on the market – they get snapped up almost instantly once they’re listed!

Unlocking the Maltese Rental Market: Finding Your Perfect Place to Call Home

This trend has seen more and more young people choosing to live in a long-term rental instead of buying their first home in Malta. This makes sense, as the monthly rental may be cheaper than a mortgage rate, and it gives them the experience of living alone in Malta while they save up for that all-important deposit.

If you’re thinking of a long term rental, make sure you read and understand your tenancy agreement or contract thoroughly. Ask a professional, Google it, do whatever it takes until you fully understand every clause! This will prevent any misunderstandings down the line.