Penthouses in Swatar

Description

SWATAR - A penthouse found in a modern block in Swatar/Birkirkara close to all amenities. The penthouse is fully air-conditioned and consists of an open-plan kitchen/living/dining area, two bedrooms, two bathrooms (one en suite), and a massive terrace with spectacular views. 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 Tight in this model. You are short by about €227 / 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.