Terraced Houses in Luqa

Description

LUQA - A traditional terraced house in the outskirts of Luqa. Property consists of three bedrooms which sleeps eight people in total. Located close to all amenities. Ideal for a group of people who would like to share and work in the vicinity. 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: €306 / 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.