Southern Malta · Investment Guide
Investing in Għaxaq
A quiet southern village of traditional housing, at some of the lowest entry prices in Malta.
- New homes approved, Q1 2026
- 32
- Promise of sale, Jun 2026
- 15
- Final deeds of sale, Jun 2026
- 16
- Busiest month for sales, May 2026
- 18
The case
Why investors buy in Għaxaq
Għaxaq is a small village in the south with a compact core and fields around it. It is close to the airport and the southern towns without being part of them, which is much of its appeal.
Buyers are almost entirely local families, and the stock is village housing: terraced houses, maisonettes and the occasional house of character. Entry prices are among the lowest on the island.
The letting market is small and domestic. For an investor the case is price and space rather than income, and a purchase here is usually a long hold.
Find me an investment in GħaxaqA few questions, then we do the looking.
The numbers
Market activity in Għaxaq
Final deeds of sale
Completed sales in Għaxaq have ranged from 1 to 18 a month since 2024. The past twelve months carried 147 in total, up from 103 in the twelve months before that.
Promise of sale agreements
Promise of sale agreements, the deals in progress ahead of a deed, have ranged from 8 to 22 a month. The past twelve months carried 173, up from 136 in the twelve months before that.
Source: National Statistics Office (Malta), residential property transactions.
The supply pipeline
How Għaxaq compares
32 new dwellings were approved in Għaxaq this quarter, 33rd of the 68 localities the National Statistics Office reported. That is a modest pipeline: most of what sells here will be existing stock rather than new build.
Sliema
322
St Paul's Bay
171
Birkirkara
154
Mosta
149
Qormi
126
Msida
120
Marsaskala
112
Għaxaq
32
Source: National Statistics Office (Malta), residential building permits, Q1 2026.
Rental demand
Where the tenants are
Għaxaq holds 0.53% of all active residential rent contracts in Malta, the 39th-highest of any locality, a small share, so the rental market here is thin next to the towns that dominate it.
St Paul's Bay
13.76%
Sliema
6.96%
Msida
6.03%
Marsaskala
4.46%
St Julian's
4.4%
Birkirkara
4.25%
Gżira
4.17%
Għaxaq
0.53%
Source: Housing Authority (Malta), Malta Rent Calculator, H1 2026. Read from the published tool's own chart.
Buy-to-let
Investment-grade homes in Għaxaq
Homes on the market now that suit a rental or resale strategy.
Costs & incentives
Tax, costs and residency
The rules and schemes that shape the return on a Maltese property investment.
Rental income tax
Rental income can be taxed at a flat 15% final withholding rate in Malta, a simple and competitive regime for landlords.
Residency by investment
Buying or leasing property can form part of Malta’s residency routes for non-EU investors, alongside the other requirements.
Short-let licensing
Short-term holiday letting is possible but licensed and regulated. Long-let is the simpler route for most investors.
Good to know
Investing in Għaxaq, answered
Is Għaxaq a good buy-to-let?
Modestly, and to a local tenant base, at entry prices well below the centre. Għaxaq accounts for 0.53% of Malta’s active residential rent contracts.
How active is the Għaxaq property market?
Between January 2024 and June 2026 the National Statistics Office recorded 317 final deeds of sale and 381 promise of sale agreements in Għaxaq, a monthly range of 1 to 18 completed sales. The busiest month in that window was May 2026, with 18.
Is much new build coming to Għaxaq?
32 new dwellings were approved in Għaxaq in the first quarter of 2026, 33rd of the 68 localities the National Statistics Office reported. New build is a modest part of this market, so most of what trades here is existing stock.
Can foreigners buy property in Għaxaq?
Yes. Non-residents can buy in Malta, usually through an Acquisition of Immovable Property permit, though many apartments in designated areas are exempt and Special Designated Areas carry no restriction at all. We can confirm the position for any specific property in Għaxaq.
What are the total costs of buying?
As a rule of thumb, budget around 5% stamp duty plus notary fees, searches and any agency or legal fees. Off-plan and first-time purchases may qualify for reduced duty, so check the grants and schemes for the reliefs that currently apply. The calculator above works the figures through for a given price.
Compare Għaxaq
Għaxaq side by side
The same published figures, set against the towns a buyer is most likely to weigh Għaxaq against.