Apartments in Hamrun

Description

MSIDA - Found close to the Junior College area we have this modern two bedroom apartment in Msida. Property layout comprises of a spacious open plan living, kitchen and dining area, front balcony and main guest bathroom with bathtub. Further into the property we find two double bedrooms (main with en-suite) and a back balcony. Property is fully air conditioned and close to all daily amenities and transport links. On the roof there is also more storage as a box room, and tenants can make use of part of the roof space. This property is for rent, not for sale. The figures below model what a comparable home might cost to buy, by capitalising the rent at a typical Malta gross yield. Comparable home, modelled purchase price Looks feasible in this model. Budget headroom: €306 / month. Assumes a 5% gross yield, a 3.5% interest rate over 30 years, and repayments capped at 35% of income. Indicative only — not a valuation of this property and not a credit offer. Rentals in Ħamrun — central, connected, with reliable year-round letting demand. Exact address is shared with shortlisted applicants. Similar rentals selected by locality, property type and budget range.