Residential property sales climb in March, with €340 million in transactions

Malta’s residential property market maintained its upward trajectory in March 2026, with both transaction volumes and values registering notable increases compared to the same period last year.

According to the latest NSO data, the number of final deeds of sale reached 1,130 in March 2026, marking an increase of 95 transactions over March 2025.

In value terms, these transactions amounted to €340 million, up from €307 million a year earlier, reflecting sustained demand and firm pricing across the market.

Q1 shows strong start to the year

The first quarter of 2026 saw a total of 3,366 final deeds of sale, compared to 3,143 in the same period of 2025.

Meanwhile, the total value of these transactions rose significantly to €1.08 billion, up from €918.9 million in Q1 2025, highlighting a strong start to the year for the sector.

Apartments dominate transactions

Apartments remained the most transacted property type, with 442 deals recorded in March. Houses followed with 163 transactions, while garages accounted for 284.

This distribution continues to underline the dominance of apartment living in Malta’s residential market, particularly among individual buyers.

Promise of sale agreements also rise

Future market activity also showed positive signals. The number of promise of sale agreements reached 1,375 in March 2026, up from 1,116 in March 2025.

Their total value stood at €506.1 million, a sharp increase from €379.1 million a year earlier, indicating strong pipeline activity in the coming months.

Households remain key market drivers

Individual buyers (households) continued to account for the majority of transactions. In Q1 2026, 3,030 final deeds involved households, representing a substantial share of total activity.

The data suggests that despite broader economic uncertainties, domestic demand remains a key pillar supporting Malta’s property market.