Below you will find answers to the questions we get asked the most.
The Second Time Buyers Scheme applies when a person sells their first property in order to acquire another residential property. The tax refund on stamp duty shall be of €3,000.
*Stamp duty varies according to the buyer’s situation. If the buyer is a first time buyer, second time buyer, purchasing in a UCA, or has other circumstances, the tax rate will be different. Your agent or notary can advise.
The tax rate in a UCA (Urban Conservation Area) is 2.5%
Yes, there is a reduction in stamp duty when buying property in Gozo. The tax is reduced from 5% to 2%.