With many tourists flocking to Malta every year, Gozo is an ideal destination for those looking for a peaceful retreat. It is home to a plethora of charming villages, stunning beaches and unspoilt natural beauty.
Is there tax on sale of property in Gozo?
Buying a property on Gozo is the perfect way to get away from it all and enjoy everything that this beautiful island has to offer. Whether you are planning to live on the island full-time, rent out your home or simply holiday here for a few months of the year, it is important that you choose the right location for you and your family. Check this out
The right Gozo location for your property will depend on your needs and budget. For example, if you are purchasing a property as a holiday home, it is best to look for one that offers great sea views or close proximity to amenities such as schools, hospitals and shopping malls.
When investing in a property on Gozo for short-let purposes, it is vital that the property is located near popular tourist hotspots such as Victoria, Xlendi, Marsalforn or Qala. It is also essential that the property is situated close to public transport routes, restaurants and beaches.
The property market on Gozo is currently very active and some of the most desirable types of properties include farmhouses, houses of character and new lock-up-and-go properties such as apartments in the right locations. Due to limited supply, these types of properties have been commanding premium prices and this has spurred many investors to consider them as options for their next home in Gozo.