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Properties for Sale in Hamrun, Hamrun, Malta

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Real estate in Hamrun

Hamrun, a bustling town located in the heart of Malta, is a dazzling must-visit for potential property buyers and investors alike. If you are planning to buy a traditional townhouse or a modern apartment in a location that combines historical charm with a contemporary lifestyle, then Hamrun should be your top choice. This charismatic town, known for its heritage-rich streets and a colorful array of buildings, has rightfully earned its nickname of the "Cosmopolitan Town" due to its rich mix of cultural influences and architectural styles. Before dialing the number of a local property agent, it is worth spending some time to understand the real estate scene in Hamrun, and see what types of properties are currently available for sale. Whether you are seeking a relaxed holiday home or a permanent residence in a vibrant, multi-cultural location, Hamrun has myriad options to offer. The cost of securing a home in such a charming location may vary greatly, thus knowing your budget beforehand can smooth your real estate journey in this Mediterranean gem.

Hamrun properties: Market trends overview

The property market in Hamrun, Malta has been showing consistent growth in property prices, attracting a considerable interest from international investors, particularly from Northern Europe, the UK, Germany and the United States. Hamrun's strategic location, within easy reach of the capital city, Valletta, enables a relaxed lifestyle with various leisure and entertainment facilities, and a comfortable connection to the lively and historic capital, Valletta. Hamrun, renowned for its architectural beauty and traditional Maltese life, offers a dynamic urban setting, rich historical heritage, and high living standards. In recent years, Hamrun's local authorities have been injecting significant funds into the town's development, offering a variety of property options to both local and overseas home buyers. The range of affordable housing options include modern townhouses, apartments, sleek villas, traditional Maltese houses, and lavish penthouses. This varied array of property types make Hamrun a popular place for real estate investment, making it a highly welcoming town for foreign buyers. The thriving real estate market in Hamrun, Malta facilitates the acquisition of properties to suit any budget and lifestyle, further augmenting its attractiveness among international investors.

Average price of a property for sale in Hamrun

What is the average cost of properties in Hamrun, Malta? The price spectrum is fairly broad due to a variety of variables that influence the final price tag. Factors such as property type, proximity to Hamrun's bustling center, local facilities, and individualized criteria (e.g. high-end features, dimensions, accessibility, etc.) all have a role to play. Latest data indicates that the peak asking price for properties on sale in Hamrun has hit €2,721 per square meter. Properties found in the central area of Hamrun command the highest prices. On the other hand, properties located in the peripheral districts of Hamrun command lower prices, with an average price per square meter of €2,035. Currently, the average listing price for a residence here hovers around €548,711.

Types of properties can you find in Hamrun

In Hamrun, Malta, the real estate market provides a variety of property types, ranging from modern apartments, luxurious rooftop penthouses, beautiful townhouses in the heart of the town to traditional Maltese houses of character. Prime properties for sale are often located in secure residential areas. There are 2-3 bedroom apartments equipped with spacious balconies and two-storey homes available. Interestingly, these homes have separate entrances and each comes with large terraces and their own kitchen set-up. You may also consider a newly built house in a favoured location in Hamrun, Malta, which provides views of the picturesque cityscape. It's located conveniently close to various amenities and provides the perfect place to reside.