Sir Sid Darek 2
Aim of the Scheme
The Sir Sid Darek 2 Scheme encourages tenants living in eligible social housing properties situated in Valletta, Senglea Xatt ir-Risq, Imtarfa, Pembroke, Tignè Sliema, and Marsaskala Qasam tal-Bujar to purchase their home and continue using it as their primary residence.
Only properties owned by the Housing Authority, or those that can be transferred from the Lands Authority to the Housing Authority, can be sold under this scheme. Applicants can transfer or sell their property after purchase, provided the subsidy is refunded.
Localities
Valletta
Senglea Xatt ir-Risq
Imtarfa
Pembroke
Sliema Tignè
Marsaskala Qasam tal-Bujar
- %
Subsidy on the price of the property to be purchased
25%
Penalty over market value for false declaration
Transfer
Property can be transferred as long as subsidy is refunded