Apartments in Rabat

Description

RABAT - Spacious and modern apartment in a nice and quiet area in Rabat, in a building of only two apartments. Property is found on the first floor, has a living area with a balcony, two double bedrooms, which are currently furnished, a third bedroom which is empty but can be used either as storage, study or a third bedroom and one bathroom with shower. Property has A/C in the living area and main bedroom. Also this lovely apartment has a washroom on the roof, including washing machine and roof area. Fully equipped with utilities and ready to move into ! Situated in an area close to all amenities (convenience shop, chemist, grocer, stationery, ironmongery, bus stop). Must view ! 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: €161 / 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. Similar rentals selected by locality, property type and budget range.