FORT CHAMBRAY, Mgarr, Gozo – Malta

Designated Area

Located in the village of Mgarr, known fondly as the gateway to Gozo, Fort Chambray has a rich history spanning over 250 years. Originally designed by Military engineer de Tigne in 1723 the construction of this fortification, which began in 1749, came at the personal expense of the Knight of the order of St. John Bailiff Jacques Francoise de Chambray who at the time held the title of Governor of Gozo. The dream for Fort Chambray was development into the new capital city of Gozo. Though this dream did not materialize, it did become the final fortification built by the knights of St. John and did experience a brief military adventure during the islands resistance to French occupation in 1798.

Now in 2006 a new dream has been reborn for Fort Chambray as a modern township is developed within its walls.

Fort Chambray is also recognized as a SPECIAL DESIGNATED AREA therefore restrictions placed on foreigners on the amount of property units they are able to purchase do not apply.

Outdoor:
The whole development is now starting to take shape with landscaping, piazzas, common pool area, etc and possibly a Boutique Hotel, Casino and Conference Facilities. The units should also attract up market rentals.

Other:
EXPECTED SALE VALUE
Chambray Phase One
Maisonettes starting form Euro 174,703.00
Duplex Apartments starting from Euro 256,231.07
Semi-detached Villas starting form Euro 465,874.68

Chambray Phase Two
Apartments starting from Euro 186,349
Duplex Apartments starting from Euro 326,112

EXPECTED RENTAL VALUE
1 bedroom – €600 monthly
2 bedroom – €700 monthly
3 bedroom – €850 monthly

Bedrooms and Bathrooms:
Phase one of this spectacular development has been completed consisting of 70 residential units. These apartments, duplexes and villas are built and finished to high standards and most have superb views of Mgarr Harbour and the Gozo Channel. A number of the best units have their own private pool and gardens.