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Andar Residences
Location: Malta / Gozo Ref No: 100/2084 Type: Apartment Price: € 71,251 ( £ 62,000 ) Bedrooms: 1 - 3 Bathrooms: 1 |
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Property Description:
The island - only 14.5 km long and 8km wide - has a beautiful rural charm dotted with tiny villages, each with its own Baroque church and patron saint's day, celebrated annually with much fireworks, fun and revelry. Over 27,000 people inhabit the island and this amounts to one-twelfth of the overall population of Malta. When compared to the overall area of the Maltese Islands, Gozo covers approximately one-third of that area. This means that the island of Gozo is not overpopulated, and therefore greener and quite more peaceful. Malta's weather and climate are strongly influenced by the sea and have a very characteristic Mediterranean flavour, similar to that found in southern Italy or southern Greece. The climate is typically Mediterranean, with hot, dry summers, warm and sporadically wet autumns, and short, cool winters with adequate rainfall. If you're in search for the perfect property with guaranteed peace and privacy, you should head for neighboring Gozo. In addition to its clear blue waters and stunning scenery, this tiny island has delightful, atmospheric properties built from local honey-colored limestone. You can find these great properties commanding great views over the countryside to the sea beyond. Gozo has built a second-to-none reputation as a leading Mediterranean destination for anyone wanting to set up a business, purchase a holiday or retirement home or simply to purchase property as an investment. Most properties have increased in value by at least 20% over the last two years. That's not unusual. For almost 40 years, the housing market has recorded average annual gains of around 8%. No great booms, but no busts either. Buy a property to let, and you can expect returns of 5% to 6.5% a year. In other words, this means that within five / six years the value of your property will have gone up by approximately 50%.
The island - only 14.5 km long and 8km wide - has a beautiful rural charm dotted with tiny villages, each with its own Baroque church and patron saint's day, celebrated annually with much fireworks, fun and revelry. Over 27,000 people inhabit the island and this amounts to one-twelfth of the overall population of Malta. When compared to the overall area of the Maltese Islands, Gozo covers approximately one-third of that area. This means that the island of Gozo is not overpopulated, and therefore greener and quite more peaceful. Malta's weather and climate are strongly influenced by the sea and have a very characteristic Mediterranean flavour, similar to that found in southern Italy or southern Greece. The climate is typically Mediterranean, with hot, dry summers, warm and sporadically wet autumns, and short, cool winters with adequate rainfall. If you're in search for the perfect property with guaranteed peace and privacy, you should head for neighboring Gozo. In addition to its clear blue waters and stunning scenery, this tiny island has delightful, atmospheric properties built from local honey-colored limestone. You can find these great properties commanding great views over the countryside to the sea beyond. Gozo has built a second-to-none reputation as a leading Mediterranean destination for anyone wanting to set up a business, purchase a holiday or retirement home or simply to purchase property as an investment. Most properties have increased in value by at least 20% over the last two years. That's not unusual. For almost 40 years, the housing market has recorded average annual gains of around 8%. No great booms, but no busts either. Buy a property to let, and you can expect returns of 5% to 6.5% a year. In other words, this means that within five / six years the value of your property will have gone up by approximately 50%.
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