Question 1

What is the average property price in Sliema?

Accepted Answer

The median asking price for property in Sliema is €1.9m, based on 245 active sale listings. The average price is €2.1m. Rental prices start from €3.5k per month.

Question 2

Can foreigners buy property in Sliema, Malta?

Accepted Answer

Yes, Sliema is one of Malta's prime locations for international buyers. Non-EU citizens can purchase property in Special Designated Areas (SDA) without requiring an AIP permit. For standard properties outside SDAs, a one-time AIP permit (â‚¬233) is required. EU citizens who have lived in Malta for 5+ years face fewer restrictions.

Question 3

What rental yields can I expect in Sliema?

Accepted Answer

Estimated gross rental yields in Sliema range from 4% to 6.5% annually, depending on property type and location within the area. Seafront apartments and furnished units typically achieve higher returns (5%â€“7%). Short-let properties can yield even more during peak tourist season (Mayâ€“October).

Question 4

What types of properties are available in Sliema?

Accepted Answer

Popular property types in Sliema include modern seafront apartments, luxury penthouses with panoramic views, designer townhouses, and exclusive villas with private pools. Browse our curated listings to find your ideal property.

Question 5

What are the buying costs when purchasing property in Sliema?

Accepted Answer

Standard buyer costs in Malta include: Stamp Duty of 5% (reduced to 3.5% on the first â‚¬200,000 for primary residence), Notary Fees of 1%â€“1.5%, Search Fees of approximately â‚¬300â€“â‚¬600, and an AIP Permit fee of â‚¬233 if applicable. First-time buyers enjoy stamp duty exemptions on the first â‚¬200,000. Use our Buying Costs Calculator for a personalised breakdown.