Gozo, an island in the Mediterranean Sea has recently experienced a boom in the real estate investment industry. Aside from its natural beauty and offering tons of attractions and things to do, here are 3 reasons why Gozo is attracting more and more real estate investors.
Better Value for Money
Gozo is often overshadowed by its more renowned counterpart, Malta, but this only means one thing- investing in real estate in Gozo is the wiser and more economical choice.
Investors can get premium land in desirable locations at a lower price compared to the other Mediterranean islands. In terms of natural resources, urban activity and beauty Gozo is the more tranquil and laid-back among the others.
Slower Pace of Life
Most settlers would rather live in a place where things are slower and laid-back. Gozo is one of the few islands in the Mediterranean Sea to have this kind of relaxed atmosphere, which is perfect for those who want a house they could retreat to.
This kind of scene is attractive to people who are often going to Malta to party and live it up. The island is also getting more and more populated, and investing early can give you the edge in terms of location and ROI.
The scenic landscape, fishing villages and hiking spots exude a vacation-type atmosphere, as is the slower pace of life.
Growing Community of Digital Nomads and Expats
As society shifts to a digital nomad lifestyle there’s no more reason to live in a crowded city or country. People can work anywhere they want, and most of them would rather live on an island or region with lush greens and pristine beaches.
The latest properties for sale in Gozo cater to these kinds of people. Soon, the island will be bustling with a healthy community of expats and digital nomads, among others.