The Malta Development Association has welcomed the “strong and encouraging performance in Promise of Sale activity, confirming that the Maltese property market remains resilient.”

However, the full year figures for 2025 have yet to be released by the National Statistics Office. Gozo’s housing market activity up to November had remained sluggish, making it the second lowest of the regions in both promise of sale agreements and final deeds of sale. This was the theme through the majority of the year. An improvement in figures were noted on the previous year.

The MDA, although not revealing the source of the figures, said that when comparing full year figures, the total number of promises of sale increased from 15,266 in 2024 to 16,636 in 2025, representing growth of 7%.

According to the MDA, “over the same period, the total value of promises of sale rose from Euro 5.11 billion to almost Euro 6 billion, an increase of Euro 851 million or 17%.

It stressed that “this level of activity clearly shows that Maltese and Gozitan families continue to view property as their preferred investment. Nearly Euro 6 billion in promises of sale underlines continued confidence in property as a long term store of value, while also highlighting the importance of maintaining a market that is fair, balanced, and accessible to all participants.”

Commenting on these results, Michael Stivala, President of the Malta Development Association, said the figures confirm the “central role the property sector continues to play in the Maltese economy.”

He added that the Association will keep pushing for reforms that “strengthen long term industry sustainability, support responsible urban development, protect the green environment, reduce unnecessary red tape, and ensure a fair system for buyers, sellers, and investors.”

He also stated that the Association is “looking forward with confidence to a positive year ahead for the sector.

Photo: MDA

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