A 2026 Guide for First-Time Buyers in Malta & Gozo

Stepping onto the property ladder is one of the most significant milestones in life. In 2026, the process for first-time buyers in Malta and Gozo has become more predictable thanks to new, permanent legislation designed to support young professionals and families.

If you are currently searching for your first home, here is what you need to know about the latest financial assistance and tax exemptions.

Permanent Financial Support

For the first time, many of the incentives that were previously renewed annually have been codified into law. This provides long-term certainty for your financial planning.

• The €10,000 Grant: Eligible first-time buyers who take out a home loan receive an annual grant of €1,000 for ten years. This is paid directly to help with mortgage costs during the initial decade of homeownership.
• Stamp Duty Exemptions: You remain exempt from paying stamp duty on the first €200,000 of the property’s value. This can result in a direct saving of up to €10,000.

Enhanced Schemes for 2026

The Maltese Government has updated several schemes to reflect current market prices, making higher-value properties more accessible:

• Deposit Assistance Scheme: The property value cap for this scheme has been raised to €250,000. If you can afford the monthly repayments but struggle with the initial 10% deposit, the Housing Authority can provide a grant to cover it.
• Equity Sharing Expansion: The eligibility age for this co-ownership scheme has been lowered to 25. For separated individuals, the property value cap has also been increased to €350,000, offering a vital lifeline for those re-entering the market.

Clarification on "First-Time" Status

First-Time’ refers to the first property ever bought and the buyers must be European Union citizens who hold a valid EU passport for them to qualify for the First-Time Buyer scheme.

Also, a common concern for buyers is whether owning a garage or a small piece of agricultural land disqualifies them from these benefits. As of 2026, the law is clear: if you have previously purchased non-residential property, you still qualify for all first-time buyer incentives when purchasing your first residential home.