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
Victoria – Situated in the heart of Victoria one finds this newly finished apartment. Layout comprises of an open kitchen / dining / living area leading to the outside space, two bedrooms and a main bathroom. Great opportunity for those seeking a rental investment. ...read more
Xlendi – Situated in a block of just 4 units one finds this lovely apartment which is located a stone throw away from the beach, bars and restaurants. Layout comprises of an entrance leading into a kitchen / living / dining area, 2 double bedrooms, a main bathroom and a large back terrace with uno ...read more
Sannat – Located in a very quiet street, one finds this ground floor maisonette. The square layout comprises of 3 double bedrooms (1 en-suite), a main bathroom , a washroom, an internal yard and a large combined kitchen / dining / living area. Complementing this apartment is an interconnected two ...read more
Ghajnsielem – A brand new modern finished and furnished apartment set in a quiet residential area. Layout comprises of a large open kitchen / dining / living area, three double bedrooms (1 en-suite), a main shower room, a box room/laundry and back and front balconies. Apartment is fully air-condit ...read more
Ghajnsielem – A one off Apartment with POOL located in a quiet ambience. The spacious layout offers 3 large bedrooms one of which comes with en-suite and overlook an open meadow. The large open plan kitchen / dining / living area leads you to a 90 sqm of outdoor space which also includes a privat ...read more
€300,001 - €500,000
Nadur - New on the market, one finds this lovely house of character perched on cliff edge, overlooking San Blas Valley being offered in a semi-finished state. On the ground floor one finds a double bedroom, main bathroom and the open plan with a terrace overlooking the views. A beautiful staircase l ...read more
Nadur - A very charming House of Character overlooking Ramla bay and enjoying direct VALLEY and SEA VIEWS. Entrance is onto a courtyard, leading to a good sized kitchen dining area and a cosy living room combined with a formal dining room ideal for entertaining. An outdoor staircase leads to the fir ...read more
Are you after style and comfort in a peaceful location? then look no further. This immaculately designed GROUND FLOOR APARTMENT features a generously sized open plan kitchen, dining and living area which opens onto a large front terrace enjoying spectacular sea views, two bedrooms both with ensuite ...read more
NADUR- Newly built house located in a quite area of this sought after village. This property is flooded with natural light and has been meticulously finished to very high standards. At ground floor level this property features a good sized open plan combined kitchen, dining and living area leading u ...read more
Qala – Situated in an idyllic neighbourhood of Qala, one finds this 3 double bedroom Farmhouse with a good sized pool and BBQ area. At ground floor level one finds a kitchen / dining with a separate sitting area, storage space, a double bedroom and a bathroom. Going outside one can enjoy a spaciou ...read more
€500,001 - €850,000
Enjoying spectacular Marina and Channel views this spacious apartment is set in the most sought after address on the island. The property is aesthetically pleasing with top notch finishings, the furnishings are neutral and pleasing to the eye. Entering the spacious open plan living area one is insta ...read more
XAGHRA - This cliff edge NEWLY BUILT HOUSE is located in a very sought after and quiet area. It features a large open plan combined kitchen/dining/living area leading to the ample sized pool and deck area which in turn leads to a unique 100sqm garden terraced down the valley all of which command pan ...read more
€850,001 - Upwards
Nadur - Situated on a cliff-edge location enjoying guaranteed valley views is this stunning home. Accomodation offers a welcoming entrance foyer with an attractive staircase to the other floors and the open plan living area enjoys direct views to the spacious deck and pool area while taking in th ...read more
Nadur - A unique modern terraced house having 4 levels, being sold in semi finished state. Property consists of a living/entertainment space on basement level, facing a 8 mtr long lap pool with views, a kitchen dining area on ground floor also facing views, two bedrooms with terraces on the first fl ...read more
VICTORIA – UNIQUE OPPORTUNITY to acquire one of the last remaining properties for sale just outside the Cittadella bastions! Property comprises of a total area of 760 SQM comprising of an existing Bungalow with large basement and three adjacent fields all taking in stunning panoramic views of the ...read more