Agency Fee for Office Space in Malta: What Businesses Must Know
Understanding this payment, known as the Agency Fee, is essential when renting office space in Malta. Many businesses overlook this cost. As a result, they miscalculate their total budget.
This guide explains how it works. Moreover, it clarifies when you must pay it and what it covers.
At OfficeSpace.Rent, we prioritise transparency. Therefore, we explain every agency fee structure before you sign any agreement.
What Is an Agency Fee in Commercial Property?
This is the commission paid to a real estate agency for securing a lease agreement.
Typically, this fee equals 10% of the first year’s rent. In most commercial leases in Malta:
- The landlord pays 10%.
- The tenant pays 10%.
When Do You Pay the Agency Fee?
This is usually settled once a lease agreement has been signed. Consequently, you must include it in your upfront costs. Most agencies require a one-time payment. After payment, they issue a formal invoice and receipt. Planning ahead prevents financial stress. Additionally, it ensures a smooth lease transaction. For most cases we may also discuss delaying the agency fee payment on commencement date. This is usually the case for a space which is not available straight away or if it is still being finished. We will continue assisting and monitoring the situation until move in date.
What Does the Agency Fee Cover?
This covers several essential services. At OfficeSpace.Rent, the agency fee includes:
- Office sourcing and shortlisting
- Market pricing analysis
- Professional negotiation with landlords
- Lease structure guidance
- Contract coordination
- Legal Documentation support
Therefore, the fee reflects expertise, negotiation skill and market knowledge.
Why Businesses Trust OfficeSpace.Rent
OfficeSpace.Rent is Malta’s largest office space provider. We specialise exclusively in commercial office rentals.
Our team actively monitors:
- Rental price trends
- Vacancy levels
- Business district performance
- Landlord negotiation behaviour
Because of this expertise, we secure competitive lease terms. Transparency builds trust. Experience delivers results.
Frequently Asked Questions
Does the tenant always pay an agency fee?
In most commercial leases in Malta, both the landlord and tenant typically pay 10% of the first year’s rent plus VAT.
Is this refundable?
No. it becomes payable upon signing the lease agreement and covers completed professional services.
Why should I pay an agency fee?
A professional real estate agent ensures expert negotiation, accurate pricing guidance, and proper lease coordination.
Contact OfficeSpace.Rent
Email: hello@officespace.rent
Phone: +356 9992 2220
Website: https://officespace.rent