Malta Budget 2025: Property Related Measures
The Malta Budget 2025 has brought some welcome news for homeowners, buyers, and anyone keeping an eye on the property market. While this year’s budget continues to focus on easing the cost of living and supporting families, it also introduces a set of thoughtful updates that directly impact real estate.
At Elzan Properties, we always make it a point to follow the national budget closely. After all, even the smallest fiscal tweaks can shape how people buy, sell, or invest in property. Below is a breakdown of the key property-related measures announced in Budget 2025 Malta and what they could mean for buyers, sellers, and investors across the islands.
Support for First-Time Buyers Continues
For many aspiring homeowners, the first property purchase can be daunting. The good news is that the government has confirmed the extension of the first-time buyers grant, a scheme that offers €1,000 per year for ten years to eligible buyers.
This grant has already helped countless young couples and families take that first big step into homeownership, and its continuation is a clear sign that the government wants to keep easing the entry point into the market.
For any aspiring first time home buyers, this incentive makes a meaningful difference, not just in the first year, but in keeping the financial burden manageable over time.
Deposit Assistance: A Boost for New Buyers
Another positive update in Budget 2025 Malta involves the Housing Authority’s deposit scheme. Until now, the government covered the interest on the 10% deposit required for properties valued up to €225,000.
The latest change raises this threshold to €250,000, which is more in line with today’s market prices. This means that more buyers, especially those targeting affordable apartments or smaller homes, can now qualify for this assistance.
For younger professionals and couples who might struggle to save for a full deposit while paying rent, this measure offers real breathing room. It is a step that recognises current property values and ensures that assistance remains practical, not just symbolic.
Easier Access to Shared Ownership
One of the more interesting updates is the reform of the Equity Sharing Scheme. Previously, only individuals aged 30 and above could benefit from this shared ownership option. The minimum age has now been lowered to 25, opening the door for younger adults to co-own property with government support.
There is also an increase in the maximum eligible property value, which now goes up to €350,000 for separated individuals. This is an important move that supports people going through life transitions, such as divorce or separation, who still want to secure a home of their own. These updates make the scheme more inclusive and reflect the social realities of Malta today, where independence and financial flexibility matter more than ever.
Stamp Duty Exemption Made Permanent
Perhaps the most reassuring measure in the Budget 2025 is the decision to make the first-time buyers’ stamp duty exemption permanent. In simple terms, this means buyers will continue to enjoy a full exemption on the first €200,000 of their property value when purchasing or building their main residence. Previously, this exemption had to be renewed every year, creating uncertainty for anyone planning a purchase in advance.
Now, with its permanent inclusion in law, buyers can plan ahead confidently. The government has also widened eligibility, so even those who already own a non-residential property such as a shop or office can now qualify when buying their first home. This kind of long-term stability is exactly what Malta’s property market needs. It gives buyers peace of mind and helps maintain a steady level of demand across different sectors.
Lower Duty on Inherited Property
The reduced duty rate of 3.5% on inherited property has also been extended, and it now applies to the first €400,000 of the property’s value, double the previous limit. This change will make a noticeable difference for families transferring homes or estates between generations. It eases the tax pressure on beneficiaries and helps keep family properties within reach, rather than forcing sales due to heavy duty costs. It is a practical, people-focused measure that rewards family continuity and preservation of Malta’s traditional homes.
Why These Measures Matter
When you look at these updates together, the direction is clear. The government wants to keep home ownership within reach, even as prices and living costs evolve. For first-time buyers, there is financial help. For families, there is long-term tax relief. And for investors, there is continued confidence in a strong, stable property market.
These are steady and sensible updates that encourage healthy market growth without inflating prices. From a real estate perspective, that is a positive signal. It suggests policymakers recognise that housing remains one of Malta’s most important economic pillars and they are treating it as such.
What This Means for You
If you are considering buying a home in the coming months, these new measures could work in your favour. Lower duty, continued grants, and easier access to deposit schemes all combine to make 2025 an appealing year to purchase property.
For property owners, these changes are also encouraging. A more accessible housing market usually means stronger demand and a stable environment for long-term appreciation. At Elzan Properties, we see these updates as a sign of continued confidence in Malta’s real estate sector. Whether you are a first-time buyer, an investor, or planning to sell, understanding how these measures affect your decisions can help you make smarter, more strategic moves.
Malta Budget 2025: Building Confidence in the Property Market
The Budget 2025 Malta does not reinvent the property market. Instead, it builds on what already works. By extending existing schemes, raising thresholds, and providing clarity on taxation, it supports both growth and fairness.
It is a budget that recognises how deeply property ownership is woven into Maltese culture and how vital it is to help the next generation achieve it.
At Elzan Properties, we are here to help you make sense of these changes and find opportunities that fit your goals. Whether you are buying your first home or exploring investment options, our team can guide you through every step with honest advice and local expertise you can trust.
