FAQs

Frequently asked questions

Have questions? We’re here to help.

  • What are the benefits for first-time buyers in Malta?

    First-time buyers are exempt from stamp duty on the first €200,000 of the property value.

  • Do first-time buyers receive any government assistance?

    Yes, first-time buyers can benefit from incentives such as reduced stamp duty, government schemes for affordable housing, and low-interest loans in partnership with local banks.

  • Can I combine first-time buyer benefits with UCA benefits?

    Yes, if you’re a first-time buyer purchasing property in a UCA, you can benefit from both reduced stamp duty rates and potential restoration grants.

  • Are there any tax exemptions for first-time buyers?

    Yes, beyond the €200,000 exemption, first-time buyers may also be exempt from capital gains tax when selling their first property after living in it for a number of years.

  • Why should I consider buying an old house in Malta?

    Old houses often have unique architectural features, larger spaces, and are situated in desirable locations like village cores or UCAs.

  • Are old houses cheaper than modern properties?

    Old houses may have lower purchase prices but often require renovation work. However, grants and reduced stamp duty can offset these costs.

  • What should I look out for when buying an old house?

    Check for structural integrity, water damage, and legal permits. A property surveyor or architect can help assess the property’s condition

  • Can I modernize an old house while maintaining its historical features?

    Yes, but changes must comply with Planning Authority regulations. Many old houses can blend modern amenities with historical charm.

  • Can I claim back VAT on restoration work?

    Yes, VAT refunds may apply for restoration projects in specific areas or on certain types of works.

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