Although there is a standard (three bedrooms, two bathrooms, and some kind of outdoor space) every terrace
will be different to another. Architects and designers will be as creative with exteriors and interiors as
they are with any other style of property. Consequently, selling prices and rental values will fluctuate in
the same way they do for other property types with premiums for location, ocean views, proximity to the
beach, and special features such as a pool.
Terraced houses can be found all over the island. The best place for you will depend on your budget as some
localities are more sought after than others and will therefore have a higher premium. A similar sized
terraced house in a less popular village or town will fetch a lower price.
This is a matter of finances and personal circumstances. Most Maltese opt to own property rather than rent,
with owner-occupancy rates in excess of 80 per cent. The market is buoyant and has remained robust despite
the global financial crises and housing market collapses in the early 21st century. It is best to shop
around or seek advice from a real estate agent and your bank manager to get a good idea of what options your
financial situation gives you.