The Gozo Regional Development Authority has published a Discussion Paper on The Residential Rental Market in Gozo.

The GRDA said that this recently launched paper provides an in-depth review of Gozo’s residential rental property market, and its evolution from a traditionally ownership-focused housing sector to one marked by increasing rental activity.

“The contents of this discussion paper are presented to foster a wider discussion on this topic and to help formulate research-based policy recommendations,” the Authority said.

In part of the concluding remarks, The GRDA noted that “this paper demonstrates that Gozo’s private rental market has experienced significant expansion in recent years, influenced by economic, demographic, and legislative factors. This growth has been particularly pronounced over the past few years. As demand has increased, rental prices in Gozo have risen sharply, although they remain lower than those in mainland Malta.

“The analysis indicates that apartments are the predominant type of rental properties in Gozo, with the majority located in the localities of Zebbug, Victoria, Ghajnsielem, and Munxar. Additionally, Sannat, along with Zebbug and Qala, has seen the most substantial rise in registered rents since 2020, reflecting the recent development trends observed in these areas.”

Read the Discussion Paper can be read in full by clicking here.

Photo: GRDA

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