Hi folks!
There is one topic which bothers me lately in Malta, as probably most of expats here. Rent prices have gone up this year like crazy! Now I work also with (not only) real estates in Malta, so I am in position to help with this, but it is not my intention here to advertise anything.
What I notice as a rule lately is that a lot of landlords do some renovations or refurnishing and increase rents up to 50%. Even in South the normal price for a modern, decent, well furnished (considering western standards) is 700 eur long let. Families can hardly afford it, Maltese cannot afford it, so it is now becoming like a necessity to share an apartment for regular working expats coming here to work.
And what i fear is that the prices now off-season will go down only slightly... Sometimes there are apartments to rent for 350-400 eur per mont, but what I have seen of them some are below of the basic human dignity, and me personally would rather camp or live in a garage....
What are your experiences. Is it somewhere decent 2-3 bedroom for maximum 500 eur month still?