Birkirkara (abbreviated as B’Kara) is the largest, oldest, and most heavily populated city in the central region of Malta. It is the second most populous on the island, with a population of 24,356.
The price for office space in Malta is calculated in € per sqm yearly. To define the price per square meter we scrapped currently available commercial real estate listings at OfficeMarket.mt. To define the price per square meter in Birkirkara, we took in consideration total annual rental costs and divided it by the total square meters of the offices available in the area.
This calculation helps to ensure that you are paying a fair price for the amount of space you are renting. It also helps to compare the price to similar offices in the market. Analysis has shown that Birkirkara has low to medium commercial rental prices per square meter, at €166.
To calculate an individual office price you can use the Office Space Rental Cost Calculator.
Commercial lease rates per square meter also depend on the office type: whether it is a stand alone office or an office space in a business centre.
The condition and age of the building may also affect the lease rate. Newer and well-maintained buildings generally having higher rates than older ones.
Average Price of Renting a Furnished or Top Floor Office Space in Birkirkara
Most currently available offices for rent in Birkirkara come unfurnished; however, there are a few fully furnished offices available. The average price of a fully furnished office in Birkirkara is €143/sqm.
Top-floor offices offer better views, more natural light, outdoor space, and an airy atmosphere, making them a better workspace for productivity and creativity. The average price of a top-floor or penthouse office in Birkirkara is €180/sqm (internal area).
With its central location, nearby to the central business district and accessibility, Birkirkara is becoming a popular choice for businesses looking to establish their headquarters in Malta.
Discover all the offices available in Birkirkara learn more about rental office costs in Malta or contact us for assistance.