Apartments in St. Paul's Bay

Description

ST. PAUL'S BAY - A Nicely finished modern TWO Bedroom Apartment just minutes away from the SEA, but still close to all amenities you may need on daily basis. Property comprises a fully equipped open plan Kitchen and Dining/Living area, ONE Double and ONE Twin Bedrooms, ONE Bathroom and a Balcony with stunning SEA views. Comes fully furnished, with ACs installed and access to the roof. Such a Fantastic Apartment, would be a sin to miss it! 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: €597 / 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.