Renting Property in Malta

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December 22 11:22 2015 by The Editor Print This Article

Planning to rent a property in Malta?

Renting property in Malta is fairly easy and hassle free. Given its small size, Malta holds a vast selection of property for rent,  suiting all budgets and lifestyles. 
Foreigners are allowed to rent only on temporary bases and not as a permanent residence.  One common way to rent a property in Malta is through home letting agents. This is due to the fact that agencies are able and willing to find accommodation that applies to all necessities. One only needs to disclose his/her ideal location, type of accommodation and price for the agent to find him/her the perfect property. As part of their work agents are also willing to drive the consumers from location to location to view the selected accommodation. 
The agent is than given a fee equivalent to half of the month’s rent from both the landlord and the tenant. A month of deposit would also be required; this will be refunded once the tenant leaves the property. After the signage of the contract the owner becomes the main contact body. 
One also has the choice to rent the property directly from the owner. One perk of this agreement is that the landlord and the tenant do not have to pay any commission to the letting firm; saving parties 1/2 month or rent. On the other hand finding property without the use of an agent will take a longer time. 
It is important to choose the ideal location of residence as traffic can be slow and frustrating. If one is moving on work purposes it is most likely that the location of the workplace would be within the Sliema/St.Julians and Valletta areas. These towns are well serviced with most of the main requirements that are typically necessary for normal day-to-day living. The proximity between the selected home and work place can make a difference in your daily routine.
In case renting a property when on holidays, one can book a short let apartment with any agency and pay through bank transfer client’s account. All you need to do is pack your case and feel safe in the knowledge that your money is safe and your apartment will ready upon arrival.