Penthouses in Mellieha

Description

MELLIEHA - Bright and airy fourth-floor modern penthouse in a block of three units and situated in Mellieha and having town and distant sea views. The property is fully furnished and consists of an open plan-kitchen, dining, and living room. The kitchen is fully equipped including a dishwasher and microwave. One may find a double bedroom, with a huge wardrobe along with extra storage behind the door and under the bed. Moving on we have a washroom with a washing machine and a main bathroom. Ac is found in the living area and the bedroom. Insect screens are also installed. Complimenting this penthouse there is a huge corner terrace with beautiful views where one may enjoy the sun or have a BBQ Deffinitely one to view! 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: €355 / 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.