Reduced Stamp Duty Extension
Extending the reduced stamp duty rate for first-time buyers,
2% second-time buyers and for properties situated in Gozo.
Help with Mortgage Deposit
The scheme intended to help buyers pay for their mortgage deposit is to be broadened to properties valued up to €225,000, up from €175,000.
€10,000 Grant for First-Time Buyers
€10,000 grant spread over ten years for first-time buyers to help with their home loan repayment.
Moreover, all UCA property in Gozo  will benefit  from all the UCA schemes introduced last year will remain applicable:
– No Capital Gains Tax and No Stamp Duty on Traditional Maltese Buildings
– First-time buyers of UCA/traditional Maltese buildings who will invests in such properties situated in Gozo will receive a grant of €30,000.
– VAT Grant in UCA Restoration
Karkanja Ltd.