Renting a property in Malta can be a daunting yet stressful experience; even so if you are considering a long-term residence. With several options at hand, consider some essential factors to keep in mind when looking around for a place that feels just right.
PICK THE RIGHT LOCATION
Malta is a small island, so everywhere can be easily reached, but each region offers something different and unique. Whilst having a sea view is idyllic, living close to seafront areas might be too chaotic for you. Alternatively, picking a place within a rural spot might have noticeable distance from local convenience shops.
Choose a location that aligns with your lifestyle and daily needs. Think about your commute, ease of access, vicinity to certain areas which you frequent, amenities and the feeling of the neighbourhood.
KNOW YOUR BUDGET LIMITS
It might be daunting to look at a rental property over your financial capabilities just to note the differences. However, that might cause more harm than good. With rental properties in Malta ranging from luxury apartments to more modest options, the choices are unlimited.
Set a clear budget from the start. Look at your monthly expenses such as utilities and groceries, allocate extra for savings or ad-hoc costs that might sneak up on you. See how much you can fork out for your rental. It is crucial to be realistic so as not to let the monthly rental payment place unnecessary pressure on your mental health.
THINK ABOUT THE SPACE YOU NEED
Whichever accommodation you pick, has to be big enough for you and your family, including any pets you might have, to live comfortably. That factors in the number of bedrooms, kitchen space and outdoor areas.
The decision has to be based on your lifestyle and personal preferences, such as whether you work from home, or are a big foodie that thrives in a spacious kitchen or if you enjoy the feel of being outside – even if it is just a small balcony. Know what you are willing to give up for other more prominent selections.
CONSIDER TRANSPORT ACCESSIBILITY
Malta already has its downside of frequent traffic jams, so your property should enable you comfort in going about your commute.
If you are not a driver, check out nearby bus stops to make use of Malta’s public transport, where buses travel to and the distances for you to reach such stops in case of rough weather like winter storms and the times at which the summer heat is at its maximum. A convenient location near public transport could be a complete game-changer.
If, on the other hand, you are a driver, examine the parking scenario within the nearby streets at different hours of the day. Whilst parking in front of your property can be considered luck, but having options within the proximity of surrounding streets is a good back-up. Take note of the nearby garages and how easy access to your street is by car. If you are a blue badge holder, take note of any allocated parking spots in the vicinity.
EVALUATE SAFETY AND SECURITY OF THE AREA
Your research should not be limited to the property itself only, but also a thorough evaluation of the safety within the area; especially if you are unfamiliar with the area.
Ask locals about their experiences and check crime rates, if any. This is considered for multiple reasons, such as the peace of mind whenever you leave the property during vacation, neighbours you might meet during your comings and goings, security should you have kids and wanting to raise them in a safe space, and many others.
FUTURE DEVELOPMENTS BEING CONSIDERED
When picking a rental property, especially for a long-term lease, extending your planning to the future growth that the area might experience. An area with growth potential might enhance your living experience in the future, but experience construction tribulations during its build-up.
EVALUATE YOUR LEASE TERMS
Before you put pen to paper, ensure you know what you are signing up for. Read through the rental agreement document properly and do not be afraid to engage experts should something look fishy.
Understand the flexibility involved, whether it is a short-term or a long-term lease, who is in charge of changes to the property, can additional furniture or décor be added on your behalf, who to call should you experience utility emergencies, if you may install a security system. Align your rental selection with your future plans.
Check the insurance obligations to make sure you do not face any unexpected surprises in the event of loss or damage. Landlords do not normally insure tenant’s contents, so speak to your insurer to see what options you can explore.
With all this in mind, there can never be a perfect choice, so keep in mind there would be some choices you would have to give up for other preferences.