InvestorsHub Logo
Followers 3
Posts 407
Boards Moderated 0
Alias Born 12/13/2016

Re: Wooden Indian post# 5516

Friday, 04/12/2019 2:40:06 PM

Friday, April 12, 2019 2:40:06 PM

Post# of 36149
"...been looking at real estate prices ... on the island of Gazo"

I think you mean "Gozo". And I have been doing some similar due diligence on Malta, etc.

Gozo is a near-by island, about 4KM north of Malta, and only about 28 square miles, very rural and a lot smaller than Malta. There is a 3rd smaller island in this archipelago but I can't remember the name of it.

I have lived in Hawaii, Maui and Kawai, so I am really tired of island living. Nice to visit but NOT to live there. IMO.

As I understand the situation, crime is very high in Malta, being tightly controlled by the Italian Mafia. Murders of locals are a common occurrence, especially of the police and government officials. Apparently, the tourists only get robbed, not killed.

Malta is considered to be "totally urbanized" meaning there is no rural area. Also the land is tightly owned for centuries so building a new home would be extremely difficult and expensive. There are many rentals that cater to the tourists. Some long-term rentals can be very inexpensive. But to your point, I think renting instead of buying would be far more efficient. That way you would have more freedom to move and more money to invest in crypto or to travel elsewhere.

At least you and I are both looking for a big change in life via the wealth that crypto will hopefully bring into our lives. Good On You, Pal.

And Good Luck.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent XRPUSD News