Property owners who wish to regularise their non-sanctionable property in the coming 12 months will not be charged a surcharge of 25%, which had been originally announced by the Planning Authority in a Legal Notice, this has now been amended to reflect the change.
In a statement the Authority said that following the overwhelming response in applications received over the past two years, it decided to retain the applicable rate for a further year, giving owners the chance to benefit from this one-time opportunity.
Back in August 2016, the Authority launched the regularisation scheme with it said, “the prime purpose of facilitating the sale of properties which were idle on the market due to irregularities that were not sanctionable.”
It said that this only be considered if a property is located entirely within the development boundaries and appears in the Authority’s aerial photos of 2016 – nothing after.
The illegality cannot be creating an injury to amenity and the use of the building must be according to current policies, the Authority added. If one of these conditions cannot be satisfied, then the scheme cannot be applied.
The Authority went on to say that the applicable fee is calculated on the total and combined roofed over area of each floor of the property being regularised.
The PA stated that the majority of the monies collected from this scheme, up to 70%, are utilised for Community schemes such as the Irrestawra Darek grant scheme. 20% is allocated towards the Development Planning Fund, to be utilised by localities in community improvement projects.
The Planning Authority concluded by saying that over the past 2 years it has received over 10,000 submissions from owners who wish to regularise their non-sanctionable property. Of these, 8,155 submissions got validated resulting in over €15.7 million revenue through this scheme alone.
For more information visit www.pa.org.mt
Photograph by Alain Salvary
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