In fact, this trend has already begun - but it is certain to go on for many years to come. Due to this, it could be argued that the time to invest in Gozo's tourism industry or its real estate business is at present. The fact that this old-fashioned island is completely English-speaking, makes it a much more attractive destination for overseas investors.

It goes without saying, Gozo is an extremely beautiful place. Of course, most Mediterranean islands are, but there is something special about Gozo. Perhaps this has to do the fact that, although it is so close to Europe, it has a cultural heritage that is very different from the rest of the continent. In terms of natural beauty, especially Ramla Bay is noteworthy. This is simply a gorgeous bay with sandy beaches and hills overlooking it on all sides.

It has been described as one of the most beautiful spots in the Mediterranean. Now, modern times have come to it: Despite some protests from environmental groups, real estate development (mostly in the shape of villas) that meets the highest international standards has started. So far, it is mostly foreigners from around the world who have shown interest in the project.

Victoria is the island's capital and largest city. Surprisingly, it is not located on the coast, but in a valley in the very center of Gozo. This small town (its population is a mere 6000 people) not only pleases the eye as an appealing mixture of European and Oriental architecture - it is also of great historic value. Besides its many medieval buildings, especially its magnificent Baroque cathedral is worth visiting.

Then there is the Citadella - it lies on a hill in the heart of Victoria. It includes parts in a multitude of styles - some of them Phoenician, others Greek, Roman, and Ottoman. Throughout its history Gozo has seen so much - but that does not stop it from now rapidly moving into modern life.