WebFeb 17, 2024 · When only one person in a couple is a first-time buyer, the grant will be reduced to €500 per year. Applications will start being accepted on Monday, and all those who purchased a property as... WebApr 5, 2024 · This scheme was initially part of Government's Economic Recovery Plan for Malta, pursuant to the COVID-19 pandemic, and became effective on 9 June 2024 through Legal Notices 240 and 241 of 2024. Hereunder is a summary of each scheme. First-time buyer scheme. The incentive is for first time buyers of residential property.
First Time Buyers Malta and Gozo - RE/MAX Malta
WebOct 11, 2024 · From 12 October 2024, people who renovate such properties will be given a grant on the value of the VAT paid up to a maximum of €54,000 for the first €300,000 spent on restoration and finishing expenses. Certain regulations will need to be followed, including that houses cannot be divided. WebMar 13, 2024 · The government’s first-time buyer 10% home deposit scheme has been increased from a maximum of €17,500 to €22,500, Social Accommodation Minister Roderick Galdes announced. Galdes said that this means that the first-time buyers who benefit from this assistance can now acquire a property that costs up to €225,000. css set image height
First-time buyers can apply for €1,000 yearly grant as of next week
WebEligible applicants will receive a maximum grant of €15,000 if the property purchased is in Malta and a maximum of €30,000 if the property purchased is in Gozo. The actual … WebOct 24, 2024 · “This budget is packed with concrete measures aimed at helping Maltese and Gozitan people.” Parliamentary Secretary for Planning and the Property Market Chris Agius explained that not only has the … WebJan 4, 2024 · The First-time buyer scheme; In addition, for buyers qualifying for the First-time buyer scheme, the duty-free value has increased to EUR200,000 (formerly … earl\u0027s on west broadway