Maisonettes in St. Paul's Bay

Description

ST. PAUL'S BAY - A recently renovated three bedroom maisonette close to all amenities. Layout comprises a front patio, kitchen/living/dining, three double bedrooms, two bathrooms, back yard equipped with outdoor furniture and a bbq and also includes Wifi. 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.