Valletta

As of May 2026, Valletta, Sliema, St. Julian's have 7,343 active Airbnb and VRBO listings. This represents a 2% decrease from the previous year.

The average Airbnb or VRBO in Valletta generates €28K per year. High-performing properties earn €55K/year, while low-performing properties earn €11K/year. The stark revenue variance suggests that top-tier assets capture a disproportionate share of demand, while the broader market remains stagnant despite a recent contraction in total supply.

Airbnb and VRBO can be profitable in Valletta. Average annual revenue is €28K with 49% occupancy. High-performing properties earn up to €55K/year. The gap between average and high performance signals that current market saturation is uneven, with the most desirable listings effectively insulating themselves from the general 49% occupancy baseline.

The average occupancy rate for Airbnbs and VRBOs in Valletta is 49%. This occupancy level, combined with an average nightly rate of €139, results in a RevPAR (revenue per available room) of €53 per day.

4+ bedroom properties demonstrate the strongest performance in Valletta, with annual revenue of €52K. These properties balance operating costs and rental demand most effectively in the Valletta market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Valletta area. Valletta: Moderate. Tourism Authority permit required, AirBnB license mandatory, building consent needed. Enforcement improving but inconsistent - some unlicensed units operate. Sliema: Moderate. Same permit/license requirements as Valletta. High STR density but regulations sporadically enforced - many operate without proper documentation. St. Julian's: Moderate. Tourism Authority registration and local permits required. Heavy tourist area with numerous STRs - enforcement exists but many unlicensed properties continue operating. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Valletta Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 2% year-over-year, while RevPAR has increased 1%. This indicates balanced supply-demand dynamics. The simultaneous drop in inventory and rise in revenue suggest that the market is currently absorbing existing stock without significant expansionary pressure.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 1% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-January) when gaining traction is harder.

The most common amenities in Valletta listings include: Air Conditioning (97%), Kitchen (97%), Washing Machine (90%), Tv (89%), Heating (74%). Amenities that boost revenue the most include Pool, Bbq, Gym, with Pool properties earning approximately 50% more (€49K/year vs €33K/year).

Monthly estimated revenue per listing in Valletta over the last 12 months: May: €2K, June: €2K, July: €2K, August: €2K, September: €2K, October: €2K, November: €1K, December: €1K, January: €789, February: €898, March: €1K, April: €2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Valletta is €139, up 15% year-over-year. By property size: 1-bedroom properties average €106/night, 2-bedroom properties average €142/night, 3-bedroom properties average €182/night, 4+ bedroom properties average €340/night. Rates peak in August and are lowest in February.

Guests in Valletta book an average of 41 days in advance, down 17% from last year. By property size: 1-bedroom: 36 days, 2-bedroom: 42 days, 3-bedroom: 47 days, 4+ bedroom: 61 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Valletta Airbnb and VRBO market has seen the following changes: supply declined 2%, revenue per listing increased 1%, occupancy rose 7%, average nightly rates increased 15%, and lead time decreased 17%. These metrics reveal a tightening market where reduced supply and accelerated booking windows are driving stronger pricing power.

In Valletta, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 10% higher occupancy than weekdays.