Which Factors Affect the Rent in Malta?

1. Which Factors Affect the Rent in Malta? It is very difficult to mention a specific amount as the rent for the long let apartments rent in Malta is concerned. The rent of any apartment or property is dependent on a number of variables. The factors that affect the rent in Malta include:  The location of the property is the primary thing that affects the rent. A well- located property will always cost more. If you check properties on the countryside, you will find that they are cheap. But the ones that are in the city are the expensive ones. You have easy access to all the modes of transport and the location is of prime importance.  Next is the type of property that you are interested in. Do you want an apartment or penthouse or a flat? The type of property makes a significant difference. Renting a flat will be cheaper than renting an apartment. And if you are opting for a fully furnished apartment, you will have to pay more.  The age of the property. A brand new apartment will have a higher, rent in Malta than a five year old one. So if you are renting an old property you can negotiate with the rent as well. But this might not be the case when it comes to new properties.  And finally the prevailing situation in the market also affects the rent in Malta. Now that the pandemic is there, the real estate has been badly affected. If you check out the rent now you will find that most of the owners are offering discounts in order to get a customer. If the situation were normal than things would have been different altogether. Pay attention to these factors when you are checking out the long let apartments rent in Malta. All that you need to do is keep them in mind.