Statistics issued by Knight Frank Global House Index puts Malta on top of the list of countries with the most expensive property prices. This is mainly attributed to the high demand for property on the islands.
Malta has managed to surpass Hong Kong which had been topping the list for the past 10 years. Knight Frank confirmed that prices should remain stable in the coming months as the interest rates on properties will stay on the increase.
The Knight Frank Global House Price Index was established in 2016.