Built to the highest standards and often enjoying magnificent views, Malta offers a wide range of commercial property for rent or purchase. Office space is available in purpose-built office blocks, as well as in converted houses and flats, or within some of the new, large mixed-use developments. Sliema and St. Julian’s are popular locations, with Tigné Point in Sliema and the Portomaso Business Tower in St Julian’s being prime addresses. Valletta, the capital, is the administrative centre, offering office space in prestigious townhouses or centuries- old palazzos. A number of business centres in different parts of the island provide fully-equipped offices that are available on flexible terms, with meeting rooms and a receptionist service as part of the package. A large number of local and international real estate agents provide sales and letting services and can assist in locating suitable property.
|COST OF COMMERCIAL SPACE|
|Type of Office Space||Approx. Rental Prices in €/m² per annum||Approx. Sale Prices in €/m²|
|Prestigious||300 - 450||6000 - 8500|
|Professional||180 - 300||2400 - 4000|
|Economical||80 - 275||1500 - 2500|
|Source: Belair Real Estate 2012|
FACTORY SPACE & INDUSTRY CLUSTERS
Malta has 10 industrial zones, most located in the south, but with two in Gozo. Malta Enterprise, the government agency assisting incoming firms, can provide industrial property to prospective investors at highly competitive rates. In addition, Malta Enterprise operates a Business Incubation Centre (KBIC) for start-ups, which offers a portfolio of subsidised services. Industry-specific infrastructure is also available, with the country’s showcase being the Safi Aviation Park, covering a total area of some 233,400 square metres and providing facilities for aircraft-related industries. Malta is in the process of building industry parks and dedicated infrastructure for the IT and life sciences sectors.
Factory Space in Malta's Industrial Zones range from €9.32- €23.29 per m² per annum (Source: Malta Enterprise)