Unlike buying commercial property in Malta, choosing to rent commercial real estate has many advantages. The majority of foreign commercial companies operating in Malta prefer to rent rather than purchasing non-moveable Malta real estate.
Renting commercial real estate in Malta such as offices or warehouses, when compared to buying Malta real estate, is a cheaper alternative. Moreover, renting can provide flexibility to your business as it grows. Choosing to rent Malta property means that you are not locked into property ownership. Therefore, if in the future, you decide to relocate your business to another country, you don’t have a binding contract which forbids you from staying on the island.
Furthermore, renting commercial property in Malta can act as an opportunity for yourself to renegotiate with the landlord, maybe for a cheaper price. Learn more about some tips for renting the best commercial office in Malta.