Rental Office Price Calculator

How Do I Estimate The Price Of A Rental Office?

To estimate the price of a rental office, you should consider two of the most important factors: location and size. For your convenience, we have created an Office Rent Calculator that allows you to estimate the average rental price in Malta by simply inserting the size required and desirable area. The calculator takes both factors into account and provides a quick estimation of a rental price before you take any further steps.

Office Rent Price Vs Office Layout

Office size depends a lot on the number of employees, the layout (open space or closed offices), the additional rooms needed (meeting rooms, lounge areas, etc.), and your company’s development plan for the next 3–5 years.
In the case of a closed office layout, you would need approx. 10 square meters per person, plus additional rooms on top. Meanwhile an open-space layout will allow you to fit more people in a smaller office space since boardrooms, kitchenettes, and other communal facilities can be shared.

Feel free to use our Office Size Calculator to understand better the approximate size in square meters of office space required.

Office Rent Price VS Office Location

Commercial property rates in Malta, greatly depend on the location. The most expensive yet still most popular areas to rent an office are St. Julians and Sliema, where the price per square meter per year ranges from €260 to €450. These areas offer a variety of high-level business centers or lavish offices with stunning sea views, let alone other amenities such as restaurants, bars, and a marina, making them attractive locations for both business and leisure. However, due to the high demand, these areas are also jammed and busy, so offices with parking spaces are in high demand.
Once the Central Business District, located in the heart of Malta (Mriehel), introduced new business centers with restaurants, gyms, shops, and even health centers within walking distance, it quickly became one of the top locations for businesses. Mriehel also offers a solution to parking problems with its ample parking facilities. Its central location also provides easy access to major road networks, making it an ideal location for businesses looking to establish themselves in Malta. The price per square meter per year in this business-friendly area varies from €180 to €300.

Other Factors Influencing Commercial Real Estate Price

There are indeed other factors, aside from office size and location, that can also impact the overall cost of renting office space in Malta. These factors include the level of finishes, amenities, and more. It is important to get more information estimate your new office price including all additional costs other than rent.
To get a better idea, you might want to do some market research on the rental prices in the desired area. It may also be helpful to consult with a real estate agent, explaining your requirements and getting their professional opinion on pricing.