Hot Property for sale in Gozo
The appeal of beautiful Gozo is very hard to deny. Both tranquil and picturesque, it is a wonderful antidote to the hustle and bustle of busy life on Malta. As such, it has been a popular holiday home destination for many Maltese and foreign visitors over the years, who love to escape across the water for the weekend or longer.
Generally speaking, the property market in Gozo has always been a buoyant one, and property bought in Gozo is an undoubtedly solid investment. There is a wide range of properties available catering to everyone’s taste and budget, and your money will usually go a little further than it might in Malta, making Gozo a highly desirable place to search for your dream home.
Gozo property prices are still a fraction of what you can buy in Malta. For the price of an apartment in Malta – you may even find a farmhouse or townhouse with a pool in certain areas of Gozo. It is always important to deal with a real estate agent in Gozo to get the best advice on any kind of investment.
Reasons to Buy a Property in Gozo
There are many very good reasons to buy property in Gozo. First and foremost, the growing economy and steady influx of newcomers to Malta and Gozo create a very stable property market. Not only are you purchasing a home in Gozo, but you are making an extremely sensible investment with your money. Return on Investment can be, depending on your purchase, anywhere between 5% to 8%, if you intend on renting the property throughout the year. This is not including capital appreciation.
The real reason, however, that most would search for a home in Gozo is simply because of the utterly charming and unique atmosphere on the island. Largely unchanged in decades, the slow pace of life and breathtaking natural beauty makes Gozo a very beguiling place to spend time. Coupled this with the friendliness of the Gozitan people and you have an island that will capture your heart.
Buying a Property in Gozo as an EU and non-EU citizen
Like Malta, Gozo makes the process of buying property both easy and safe for foreign buyers. As a result, many have decided that there is no better place to retire, and they fall in love with the beautiful Gozitan scenery and laid back lifestyle. If you are a citizen of the European Union and have resided in Malta and Gozo continually for a minimum period of five years, you may freely acquire more than one immovable property without the need of a permit. If you are an EU citizen but have not resided in Malta for at least five years, you also do not require a permit, under Chapter 246 – as long as it is your intention to purchase your primary residence (take up residence in Malta and Gozo). You also do not require a permit to purchase immovable property required for your business activities or supply of services.
If you originate from outside the EU, never fear, you are not shut out of the Gozitan property market either. There is, however, a minimum price that you must pay for an immovable property to obtain an AIP (Acquisition of Immovable Property) permit, which will enable you to purchase a property in Gozo. The minimum prices vary according to the type of property. AIPs are granted by the Ministry of Finance and usually take 6-8 weeks to be issued.
Different Types of Property in Gozo
There is a wide range of properties available for sale in Gozo. Whether your taste is modern, traditional, cosy or minimalist, there is something for everyone on this charming little island. Many people, however, have been drawn to Gozo over the years for its traditional townhouses and farmhouses, large numbers of which have been expertly converted over the years to provide all mod-cons and, often, private swimming pools.
Widely available across Gozo, apartments are always a popular option as they offer convenience and, generally, greater affordability. That said, there will be an apartment for you no matter what your budget or requirements.
Maisonettes offer the convenience of apartment living with the benefit of independent access to the property. Extremely popular across Malta and Gozo, maisonettes – like apartments – are part of larger buildings but have their own outside front door.
There are many charming examples in the fishing villages along the coast of Gozo, most notably Marsalforn and Xlendi. Gozitan townhouses are characterised by the traditional Maltese balcony and often enjoy a small garden. Perennially popular, they offer you space and privacy, as well as a convenient location close to amenities.
Houses of Character
Gozitan houses of character can date back as much as 500 years and, thanks to their age and adornment with traditional architecture and original features, they are very special houses. Whether you are looking to find a property which will need a great deal of work, or hope to find something which has already seen extensive renovation, there is a range of houses of character available with RE/MAX. The result will likely be a quirky, charming property that can be grow and evolve with you over the years.
Gozitan farmhouses are arguably the most desirable properties on the island. Often several hundred years old, they have been subject to expert renovation in recent years, offering all the benefits of modern living along with all the charm and tradition of their heritage. You’ll find they have lots of wonderful features and can also be very spacious, with room for a swimming pool or lovely spots to entertain.
Latest Trends and New Developments
There are a number of new developments on Gozo that are both exciting and very sympathetic to the existing island and its history. Happily, there is a desire on Gozo to ensure that development is thoughtful and environmentally aware.
Hal Saghtrija in Zebbug is one such development, where 75 luxury apartments have been built with the feel of a traditional Gozitan village. The development is characterised by an amazing number of shared facilities, which the individual property owners can all enjoy equally. These include a traditional stone oven that is ideal for traditional Gozitan cooking, wine cellars ably converted from an old war shelter, a small central square, a little chapel, a communal pool, different picnic and BBQ areas surrounded by lawn, a kids' playing area, a horse paddock, a spa, a number of ancient corbelled huts (giren), and a traditional water feature typically known as 'ghajn tal-hasselin'. To complete the old Gozitan village feel, the public spaces are embellished with traditional oil lamps that are hand-lit by a lamplighter at dusk each day.
Fort Chambray is another example of the flair with which property is being developed on Gozo. Situated in Ghajnsielem, strategically placed a short distance away from the tiny port of Mgarr, it is, in all intents and purposes, a fortress that dates back to the permanence of the Knights of St John on the Maltese Islands. But, inside the fortress, you will find luxury living with every possible facility and convenience you could dream about, seamlessly blending ancient and modern together.
These developments and others like them make Gozo a particularly appealing property market to investigate. The RE/MAX team is expert in guiding you through the myriad options available on such a tiny island and will help you find your dream Gozitan home.
Click on price ranges to view Properties accordingly:
€ 10,000 to € 120,000
Ghajnsielem – An ideal layout for those seeking to purchase a square layout apartment. Upon entering into the apartment one finds a spacious kitchen/dining/living area that leads you to the two bedrooms and the main shower room. Apartment is being sold fully furnished and ready to move into. It be ...read more
Gharb – A well planned square layout 3 bedroom apartment. Layout comprises of an entrance into a combined kitchen / dining / living area surrounded by three double bedrooms, one of which comes with a shower en-suite, a main bathroom and two well sized balconies. Apartment is being sold mostly furn ...read more
GHAJNSIELEM- Fully furnished first floor APARTMENT ideal for first time buyers or holiday home, located in a nice residential area. This property features a spacious combined kitchen/dining/living area, three double bedrooms and main bathroom. Property also includes half undivided share of the roof ...read more
A large unconverted townhouse situated very close to Victoria centre. Could be converted to a three bedroom house with garage and decent sized garden with space for a pool. Great rental investment. ...read more
NADUR – Typical Gozitan terraced house situated on the outskirts of Nadur enjoying a very practical layout. On the ground floor this property comprises of an entrance hall, separate open plan living/dining area, main bathroom and bright and airy kitchen leading out to a spacious back yard. Upstai ...read more
€300,001 - €500,000
Xaghra - Situated in a prime location on the ridge of Xaghra and overlooking the valley of RAMLA BAY, this GROUND FLOOR MAISONETTE forms part of a small and secluded development. Each unit is built with high-quality limestone, practical layout, a common pool and landscaped areas, all accessible via ...read more
Fontana – House of character located in a quiet alley overlooking beautiful country and distant sea views and enjoying a good sized garden measuring approx. 300sqm. Property currently comprises of several rooms brimming with traditional features previously used to rear livestock at ground floor. A ...read more
Xaghra – Tucked away in a secluded area of this vibrant village one finds this newly built house of character. Downstairs layout comprises of an open L shaped kitchen / dining / living overlooking the pool and deck area, a double bedroom with en-suite and a guest restroom. The first floor offers 2 ...read more
This beautifully finished and furnished house of character is just a stone’s throw from the village square, and is situated down a peaceful alley. On the ground floor one finds a bedroom and an open plan kitchen/living/dining area which leads to an attractive landscaped pool area., On the first fl ...read more
Xaghra - Situated in a prime location on the ridge of Xaghra and overlooking the valley of RAMLA BAY, this 2nd FLOOR APARTMENT forms part of a small and secluded development. Each unit is built with high-quality limestone, practical layout, a common pool and landscaped areas, all accessible via a pr ...read more
€500,001 - €850,000
Xaghra - Situated in a prime location on the ridge of Xaghra and overlooking the valley of RAMLA BAY, this GROUND FLOOR APARTMENT forms part of a small and secluded development. Each unit is built with high-quality limestone, practical layout, a common pool and landscaped areas, all accessible via a ...read more
Gharb – A fully furnished house of character located in a peaceful area of this lovely village. House comprises of sitting/dining area with a separate kitchen, 4 en-suite double bedrooms and another single bedroom which can also be used as a study. Upstairs one finds a good sized landing which is ...read more
Ghasri – A magnificent BUNGALOW set on a very quiet street of this quaint village. Layout comprises of an entrance leading into a kitchen / dining area, a master bedroom with shower & bath en-suite and a walk-in wardrobe, another double bedroom with a shower en-suite and a third bedroom with two s ...read more
Victoria – A semi-detached farmhouse at the outskirts of the capital Victoria yet within walking distance to all amenities. Layout comprises of several rooms spread over two floors where one can easily convert it into a five or more bedroom residence. The rooms at ground floor level include arche ...read more
New on the market is this unique 3 bedroom House of Character, situated in a quite road of this idyllic village. This attractive property is like no other, and upon entering one can see the amount of work that has been done to preserve and showcase the original features of the house, such as arches, ...read more
€850,001 - Upwards
XAGHRA - A unique House of Character located in the picturesque village of Xaghra. This home consists of a welcoming entrance hall leading to a study room, spacious living room, dining area and a separate fully equipped kitchen and shower room. All of these rooms have direct access and overlook the ...read more
GHARB- An expertly converted traditional FARMHOUSE situated in the outskirts of this village enjoying unobstructed sea/country views. Entrance onto a very attractive central courtyard leads to the main house which offers a very spacious combined kitchen/dining/living area overlooking a landscaped ...read more
GHARB – Expertly restored and stylishly converted FARMHOUSE enjoying elevated south-facing views of Ta’ Pinu shrine and the beautiful surrounding Gozitan countryside. The property enjoys a mixture of authentic character and traditional features plus modern amenities thanks to the professional co ...read more
A once in a life time opportunity to acquire a unique property with a large garden and orchard offering an interrupted countryside view towards St. Lawrence and Ghasri. The property is finished to a an extremely high level standard, combining traditional stonework with modern amenities including AAA ...read more
SANTA LUCIJA – A contemporary, bright and tastefully converted semi-detached Farmhouse situated in the middle of the country side, limits of Kercem, enjoying total peace and tranquility and recently converted to very high standards. Layout comprises of an entrance into a hallway leading onto an o ...read more