Sliema real estate market — prices, rental yield and trend

• Average price: $6,538 / m²
• Gross rental yield: 3.91%
• Net rental yield: 3.32%
• Transaction cost: 16%
• Price basis: local-market average

Residential property in Sliema averages $6,538 per square metre. That makes it the 35th most expensive of the 264 markets in the set.

What a buyer pays in Sliema

The $6,538 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 16% of the price here. On a 100 m² apartment at the average price that is roughly $104,602 on top of the $653,763 purchase price. That is above the 9.6% median across the set — the entry cost is part of the investment case here.

What it earns

A square metre lets for about $21.3 a month. Against a purchase price of $6,538 per square metre that is 3.9% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 248th of 311 markets by gross yield. Rental income is taxed at 15%, which takes the yield down to 3.3% net. The 0.6-point difference between the gross and net figure is the part most listing sites leave out.

How the tax works. Flat 15% final withholding on the gross rent (Income Tax Act art. 31D, form TA24), with no set-off or refund, which the tax authority confirms applies to residents and non-residents alike. The ordinary non-resident scale (up to 35%, roughly 20–25% effective) is worse at every typical rent level, so the 15% option is the rational choice. Source: mtca.gov.mt.

Who can buy in Sliema

Freehold; AIP permit required (SDA areas exempt). That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Sliema is built from asking prices from listings. It was last refreshed on 2026-10-17. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Sliema be compared with a country average or another city.

Sources: djar.ai Malta market report [https://www.djar.ai/market]. Snapshot: 2026-10-17.