Terraced Houses in St. Paul's Bay

Description

ST PAUL'S BAY - A HUGE (three levels) Terraced house in a perfect location close to all amenities you may need on your daily basis, also bus stops are just 5 metres away and the sea is 5 minutes walking distance. The property comprises an open plan kitchen/dining/living area with a terrace on the ground floor, on the same floor a utility room and a bathroom, also a huge double room. The first floor which is super spacious also has one bedroom with a double bed and ensuite and balcony second bedroom with double bed and walk-in closet and a small terrace, and a bathrooms and also a utility room-e and two balconies. The second-floor same size as the previous one has also one double bedroom with a shower ensuite and a walk in closet next to the bedroom and a living area and spare toilet access to the roof on the top which cover up the top of the whole property. The Apartment is super spacious, with plenty of rooms, windows, balconies making the property very bright and airy. !!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 Tight in this model. You are short by about €1,440 / 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.