Penthouses in Paola

Description

PAOLA - A Penthouse situated on the second-floor, forming part of a small block, just off the main square. The layout is spread over 120sqm, consisting of an open plan kitchen/living/dining area. Further on, are the sleeping quarters having two bedrooms (main ensuite), a guest bathroom, three front Juliet balconies and two other balconies at the back of the property. Measuring 21 sqm externally. The property has just been finished and furnished to high standards. Definitely worth a 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 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. Rentals in Paola (Raħal Ġdid), 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.