Finished apartment, St. Julians, Malta

This lovely, bright and well-maintained top-floor apartment served with a lift and is situated in a quiet street yet close to all amenities. The property comprises an open plan fully fitted kitchen, dining and living room leading onto a terrace with open views which is ideal for outdoor dining. Following two bedrooms, back balcony, bathroom and shower room. Complimenting the property and interconnecting car space. An ideal residence for a single person or a couple and an excellent rental investment. Immediate viewing is recommended. Freehold.The price of this apartment is € 330.000,-, and the potential yearly rental income is €13.800,- which gives this apartment a potential of 4.18%. 

Investment information:
Asking price: € 330.000,-
Forecasted potential rental income:  €13.800,-
Forecasted potential yield: 4.18%

The forecasted potential rent is calculated by the local broker according to the average pricing in the market.

 Details:
- 2-bedrooms
- Lift
- Sea views
- Balcony
- Airconditioning
- 76m2
- one-car garage

Area:
St Julian’s is a town situated along the coast, north of the country’s capital, Valletta. Once a simple fishing village, it is now a busy resort and the main entertainment district of Malta. It is mainly sought after for its restaurants, bars and nightlife. The town is subdivided into informal districts which are Paceville, Ta’ Giorni, Tal-Ghoqod, St Andrew’s, as well as the regions surrounding St George’s Bay, Spinola Bay, and Balluta Bay. The Paceville area which forms part of St.Julians is the most popular for its nightlife. Along St.Julians shoreline one can find the Portomaso Development which includes the Hilton tower, business tower, yacht marina and deluxe residences. On the Dragonara point, one can also find an elegant 19th Century mansion which is definitely a historical point in this new and bustling town. Also on the coast of St.George’s bay lies a small sandy beach which is suitable for children as it has shallow and sheltered waters