Penthouses in Birzebbuga

Description

BIRZEBBUGIA - Two bedroom penthouse with sea views right in the heart of Birzebbugia. Property consists open plan kitchen/living/dining. Two bedrooms - One double and one with two singles. Large front terrace. Penthouse is located just one minute away from the seafront and cafeterias and restaurant along the seafront. One not to be missed!! 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: €549 / 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.