Print

Malta’s ‘undiscovered haven’

Most people have heard of Malta, but how many people have heard of Gozo…?

Residents are known as Gozitans rather than Maltese - and are regarded as a rather strange bunch by the mainland residents of Malta itself, due in part due to the much more rural nature of Gozo. If quiet is what you crave, then Gozo is the place to head.

The rental market on Gozo is strong as the island is a magnet for both the Maltese and overseas visitors alike – and tourism in both Malta and Gozo has seen strong growth in the last 12-18 months.

Cheap flights available

Ray Woods from www.maltabuyproperty.co.uk commented: “Gozo remains an undiscovered haven for many potential investors and those looking for a retirement or holiday home. Its quiet rural location does not appeal to everyone, but for those who seek privacy and relaxation, it is well worth a visit.

�Finance is readily available on Malta and Gozo – subject to status and the banks are in good shape. HSBC itself has opened a new financial centre on Gozo. The Bank of Valetta also offers competitive finance.

�The islands are is politically stable and the economy is enjoying a sustainable level of growth that is being reflected in property prices. Their proximity to Italy and the North African Coast makes them an ideal base.

�Low cost carrier Ryanair has daily flights from Luton whilst Easyjet flies from Manchester. Air Malta and the Charter lines also provide flights from most major airports.