Property News


Browse through our latest news update and articles related to the property market. Check out Esther’s fun blog insights on living and exploring Gozo


New Global Residence Scheme 2013

A new residence programme for foreigners was launched on 4th June 2013,, replacing the foreign residents’ scheme which was controversially suspended in 2011. Parliamentary Secretary Edward Zammit Lewis said the Global Residence Programme, as the new scheme is called, will allow people who buy high value property and pay taxes in Malta to benefit from a residence permit. The previous

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New tax incentives for the restoration and reuse of old properties

Tax incentives for the restoration and reuse of scheduled property and properties in urban conservation areas were announced today by Finance Minister Tonio Fenech and Environment Minister Mario de Marco. The schemes form part of the Investi d’Darek schemes first announced in the budget last year. They are aimed, in particular, at encouraging the restoration of buildings for rental purposes.

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Malta the best place on earth to retire (2012)

A recent international study (2012) listed Malta as the best place on earth for Brits to retire. Patrick Cooke spoke to three Britons who made the move to see whether their Maltese dreams had come true. Some people might be daunted by the prospect of starting over in a new country as a pensioner, but not Reg Fitzpatrick.  Having moved

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International Property Awards

move2Gozo wins prestigious European property award

A select number of Europe’s property professionals are about to be rewarded for their excellence. The European Property Awards 2012 have now been judged and move2Gozo Real Estate, based in GOZO, MALTA has been informed that it is amongst the winning companies. David Pace, of move2Gozo said “We are delighted with this achievement, considering we are such a very small

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Malta’s bathing water is second best in European rankings

The European Environment Agency (EEA) published its annual report on the quality of bathing water for the 2011 season, once again confirming bathing water quality for Malta reached an excellent quality of 97.7%. Malta was classified in the second place just after Cyprus with 99.1%. The result once again shows an improvement on 2010’s results where Malta was classified third with

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Get up and…Gozo?

Article Extract from interview with move2Gozo by the editor of ‘A Place in the Sun’: If you like the more rural side to Malta – in the west – then perhaps you should consider its laid-back and hillier little sister, Gozo? Many Maltese have second homes here because of its sleepy feel (and easy access from Malta, known by Gozitans

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News from the back of beyond…

From time to time Fiona Keeling, whose first visit to Gozo was back in the 1970’s, will give us an insight into what is happening here in Gozo, not just from a property perspective but anything that comes to mind as being of interest to talk about from the weather to life on Gozo, the food and local music scene,

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Life in the fast lane

Roadworks, dust, what next? The start of spring is now under way, the weather is getting warmer, though we still get occasional wind and rain. The major infrastructure works in the capital Victoria have been driving us all mad, as getting from A to B can be very frustrating, even for those of us who think they know their way

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Why Live in Gozo?

From a resident to a visitor Having bought and moved here six years ago we have never regretted choosing the quieter life on Malta’s sister island. We love to visit Malta for its shopping, theatre and exhibitions but find ourselves heaving a huge sigh of relief as the ferry pulls out of Circiewwa and the stress evaporates as we head

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Residential property prices drop in the Q4 2011

Residential property prices drop in the fourth quarter1 Advertised property prices fell on an annual basis by 2.0% in the fourth quarter of 2010, mostly on account of declining apartment prices. The decrease followed three quarters of persistent growth, so that for 2010 as a whole, the Bank’s index increased at an average rate of 1.1%, following a drop of 5.0% in 2009 .  Although the decline was spread across most housing categories, the

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Ryanair adds more routes to Malta

Low cost airline Ryanair has announced new routes to Malta, including services to London Stansted (four times a week), Oslo (twice a week), Turin (twice a week), Bournemouth (twice a week), Malmo in Sweden (twice a week), Kaunas in Lithuania (twice a week) and Wroclaw in Poland (twice a week). The new routes will start operating from May 2012. The new

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