Statistics issued by the NSO show the prices of apartments and maisonette in the first quarter of 2018. This graph, taken from the raw data supplied by the NSO shows a net increase in prices for these two most popular types of dwellings, between 2012-2017.
According to the SILC data, most of apartments and maisonettes have between 4-5 rooms and the NSO data on average annual incomes puts this at around the €18,000 mark. Using the NSO data, Newsbook.com.mt extrapolated the following scenarios.
From roughly an €80,000 mark in 2012 for an apartment or maisonette, these peaked to €120,000 in 2017. Other NSO data shows that the average apartment or maisonette has 5 rooms.
A couple in their 20’s, earning €38,000 gross yearly would need :
€258 monthly loan over 39 years in 2012
€390 monthly loan over 39 years in 2017
A Couple in their 30’s, earning €38,000 gross yearly would need :
€305 monthly loan over 29 years in 2012
€516 monthly loan over 29 years in 2017
A Couple in their 40’s, earning €38,000 gross yearly would need :
€408 monthly loan over 19 years in 2012
€622 monthly loan over 19 years in 2017