gozo

Several towns in Gozo registered the highest increases in property value in December when compared to the previous year, according to a new report.

The report was published by Djar, which tracks property trends across the country.

Sannat saw the biggest increase, namely 6.2 per cent. This was followed by Zebbug (5.5 per cent), Xaghra (5.1 per cent), Xlendi (5 per cent), and Qala (4.9 per cent).

Conversely, property in Senglea, Valletta, Cospicua, Zejtun and Tal-Ibragg registered the biggest decrease in price.

This month’s Djar report focused on Gozo’s capital, Victoria. According to the report, 48 per cent of property in the town consists of apartments. Penthouses and townhouses make up 15 per cent and 11 per cent respectively, while other types of property are split fairly equally between maisonettes, terraced houses and houses of character.

In terms of the finishing of properties, 63 per cent were shell properties, 23 per cent were finished, and the remaining 14 per cent were furnished.

Annual growth in business activity remains below its long-term average – Central Bank of Malta

March 28, 2024
by BN Writer

Inflation continued to decrease during February

BOV claims it makes no profits from war as it steers clear of investment in weapons makers

March 27, 2024
by Robert Fenech

Arms producers have registered large increases in their listed stock price over the last months

Tender for €7 million works in Bugibba Square published after three-year delay

March 27, 2024
by Anthea Cachia

The project was originally announced in 2021 by Tourism Minister Clayton Bartolo