Property Prices in Qormi, Malta

Index Info
Price to Income Ratio: 8.77
Mortgage as Percentage of Income: 56.79%
Loan Affordability Index: 1.76
Price to Rent Ratio - City Centre: 14.06
Price to Rent Ratio - Outside of Centre: 19.39
Gross Rental Yield (City Centre): 7.11%
Gross Rental Yield (Outside of Centre): 5.16%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 978.0 € 700.0-1,234.0
Apartment (1 bedroom) Outside of Centre 650.0 € 500.0-800.0
Apartment (3 bedrooms) in City Centre 2,085.33 € 1,200.0-3,456.0
Apartment (3 bedrooms) Outside of Centre 933.33 € 800.0-1,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 301.93 € 278.71-325.16
Price per Square Feet to Buy Apartment Outside of Centre 232.26 € 232.26-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,639.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.7

These data are based on 22 entries in the past 18 months from 4 different contributors.
Last update: July 2024

Sources and References
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