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Posts from — June 2007

Property market in Malta and Gozo

Malta and Gozo are experiencing a significant increase in tourist numbers on the back of various low-cost airlines commencing flights to the islands.From an Irish perspective, the launch earlier this year of direct Ryanair flights has made this a far more accessible destination.

The property market in Malta and Gozo is a mature and pretty expensive one, with mortgage finance readily available from local banks. It has tax advantages for the well-heeled and has attracted considerable attention from well-to-do Irish investors. As of last week Malta is using the euro as its official currency.

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June 29, 2007   No Comments