As revealed in today’s Budget 2024 event, property-seekers purchasing previously-vacant properties or properties in Urban Conservation Areas in Gozo will benefit from an additional €10,000 in their First Time Buyers Grant.
This would mean that the total grant received for First Time Buyers purchasing property in Gozo will increase from €30,000 to €40,000.
Urban Conservation Areas refer to zones which are of architectural of historical importance and are, by law, protected. Areas such as these often include multiple buildings with traditional architecture, brightly-painted doors & balconies, century-old farmhouses and more.
This, and more, was revealed by Finance Minister Clyde Caruana as part of this year’s ‘Malta Ġusta’ Budget, a budget which Robert Abela referred to as a ‘holistic plan for a brighter future, improving the welfare of every citizen.’