Maisonettes in Marsaxlokk

Description

MARSAXLOKK - A maisonette in central Marsaxlokk for long lets is now available for viewing. It is less than 5 mins walk from the seafront of this beautiful village. The property is larger than usual and has a great finish - consists of a large kitchen/living/dining, box room, wash room, two bathrooms, two double bedrooms and a third bedroom with two single beds. All three bedrooms are airconditioned. It has two internal yards and a large outdoor area at the back. The maisonette is not pet friendly. Nationalities - Europeans, Americans and Chinese. It is close to all amenities, including a butcher shop, fish shop, grocery shops and bus stop. Price reduced to €1,250 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: €258 / 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 Marsaxlokk, southern Malta — great value and steadily growing tenant demand. Exact address is shared with shortlisted applicants. Similar rentals selected by locality, property type and budget range.