Townhouses in Sliema

Description

This 200-year-old townhouse lies in the old part of Sliema situated next to all amenities including Post Office, Police Station, Pharmacies, cafe's, hardware store, grocery, gifts shops, the waterfront and few hundred meters and close to Sliema shopping center and restaurants. It is in one of the oldest lanes in Sliema and one of the few with a small front terrace, a roof and a yard. It is ideal for a couple who love traditional houses having a good sized double bed, bathroom, kitchen, living room and a basement room that may be either used as a recreation room or another bedroom. Two sofa beds are included and the small roof is equipped with a sun table, four chairs and a barbecue. 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. Seafront living, premium apartments, and one of Malta's strongest rental markets. Exact address is shared with shortlisted applicants. Similar rentals selected by locality, property type and budget range.