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Average Office Rental Prices in Malta (2025): Market Overview and Trends

TL;DR

This article provides an overview of average office rental prices in Malta in 2025, expressed in euros per square metre per year (€/sqm/year). It explains how office rents vary by location and quality, what drives pricing differences between areas, and how businesses approach office leasing decisions in the current market. Insights are based on live market activity observed by MaltaOffices.com, specialists in office space in Malta.

Understanding Average Office Rental Prices in Malta in 2025

In 2025, office rental prices in Malta are typically quoted on an annual €/sqm basis, with rents shaped primarily by location, accessibility, building quality, and layout efficiency.

Across the market, most office rents fall within a broad range of €135 to €340+ per sqm/year, depending on office type and location.

Although office workers are not directly involved in lease negotiations, rental pricing decisions strongly influence:

  • Where offices are located
  • The type of buildings companies occupy
  • Workplace comfort and functionality
  • How frequently businesses relocate

Indicative Office Rental Prices in Malta (2025)

Based on leasing activity and asking prices currently observed in the market, average office rental prices in Malta in 2025 generally align with the following annual bands.

Average Rental Price Bands (€/sqm/year)

  • Standard office space: €135 – €180 per sqm/year
  • Mid-range office space: €180 – €255 per sqm/year
  • Premium office space: €255 – €340+ per sqm/year

These bands provide useful context for understanding why location plays such a decisive role in pricing.

Location-Based Office Rental Prices in Malta (2025)

In 2025, location remains the strongest single driver of office rental pricing in Malta. However, pricing is increasingly shaped by a combination of micro-location, building grade, and specific attributes such as landmark visibility, Special Designated Area (SDA) status, or waterfront positioning.

Rather than a single headline figure per area, the market is best understood through price bands by office grade, expressed in €/sqm/year.

Indicative Office Rental Prices by Location & Grade (2025)

Location / ClusterGrade C (Budget)Grade B (Standard)Grade A (Premium)Landmark / SDA / Waterfront Premium
Sliema / St Julian’s€180 – €230€250 – €300€300 – €380€380 – €500+
Gżira / Ta’ Xbiex€170 – €220€230 – €280€280 – €350€350 – €450
Mrieħel CBD€140 – €175€170 – €210€210 – €260€260 – €330
Valletta / Harbour District€150 – €190€220 – €270€270 – €330€330 – €420
Central / Peripheral (e.g. Birkirkara, Mosta)€120 – €160€150 – €200€200 – €250€250 – €300
Emerging Tech / Business Parks (e.g. SmartCity, Kalkara)€150 – €190€200 – €250€250 – €300€300 – €380

How to interpret this table:

  • Grade C (Budget): Older or less efficient buildings, often with limited parking or weaker layouts
  • Grade B (Standard): Modern, functional offices suitable for most occupiers
  • Grade A (Premium): High-spec buildings with strong ESG credentials, efficiency, and amenities
  • Premium Column: Applies to landmark buildings, SDA-qualifying offices, or prime waterfront locations

This structured pricing model better reflects how businesses actually assess value in 2025, where office quality and efficiency often matter as much as postcode.

Office Quality and Rental Pricing in 2025

In 2025, the difference between offices priced at €170 per sqm/year and those achieving €230+ per sqm/year is increasingly explained by quality and efficiency, not just location.

Many businesses are willing to pay €20–€35 more per sqm/year for offices that improve daily working conditions and long-term usability.

Businesses focus more heavily on efficiency, longer planning horizons, and value alignment, contributing to greater pricing discipline across most locations.

Rental Price Behaviour and Market Context in 2025

Overall, office rental prices in Malta in 2025 reflect a market that is more structured, value-driven, and less tolerant of inefficiency.

These dynamics form the foundation for how pricing, location preferences, and office quality expectations develop in subsequent years.

Conclusion: Office Rental Prices in Malta in 2025

In 2025, average office rental prices in Malta, expressed in €/sqm/year, show clear variation by location and office quality. Differences of €100+ per sqm/year between districts are common, driven by accessibility, efficiency, and demand.

For businesses and professionals looking ahead, this 2025 overview provides useful context for understanding how the market evolves. For a forward-looking perspective, see our analysis of average office rental prices in Malta (2026), which explores how pricing, location preferences, and office quality trends continue to develop.

To discuss office space options in Malta, speak with our team on +356 7942 3033.

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