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200 000 €

Studio in Msida, Malta, 60 sq.m

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  • Studio in Msida, Malta, 60 sq.m - picture 1
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  • Studio in Msida, Malta, 60 sq.m - picture 1
  • Studio in Msida, Malta, 60 sq.m - picture 2
  • Studio in Msida, Malta, 60 sq.m - picture 3
  • Studio in Msida, Malta, 60 sq.m - picture 4
  • Studio in Msida, Malta, 60 sq.m - picture 5
  • Property ID on Prian.info: 3416071
    Property ID on company's website: MSD 25.70490
    Last update: 17.11.2023
    Number of views: 4207

200 000 €

Studio in Msida, Malta, 60 sq.m

60 sq.m 3 1 1
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3416071
    Property ID on company's website: MSD 25.70490
    Last update: 17.11.2023
    Number of views: 4207

Specifications

Sale price 200 000 €
Price per square meter 3 333.33 €
Floor area 60 sq.m
Total number of rooms 3
Number of bedrooms 1
Number of bathrooms 1
Construction phase New building
Address Malta, Msida
Location at the seaside
to the airport 7 kilometers
to the beach 800 meters
to food stores 50 meters
studio

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Business expenses
Not included in the price
Tax 5 %
Notary Services 0.9 %

Description

GOOD INVESTMENTS INTO RENTAL PROPERTY

INTERNAL AREA – 75 sqm, EXTERNAL AREA – 3 sqm,

TOTAL AREA – 78 sqm

Two bedrooms / one bathroom

Nicely furnished, bright and airy

Squarish layout

Near sea front

Two balconies, one is overlooking back gardens

Lift

Freehold

About locality: The town of Msida is literally a harbor town, which originally started as a tiny fishing village and morphed into a busy location enjoying an arterial connection between the main towns of this part of the island and beyond. Thanks to land reclamation and continuous projects to improve the area, today it is pretty busy and populated. Msida has a unique character that speaks of active lifestyles and possibilities. The centre of attraction is definitely Msida's large and expansive Yacht Marina nestled in Marsamxett Harbour. The marina is busy all year round and its regular occupants tend to patronize local coffee shops and restaurants located around the coastline. The hub of Msida is looked over by the local parish church dedicated to St Joseph. The church with its ample facade is always exceptionally well decorated and lit up for the annual 'festa' in July. Key buildings in the area include the Junior College for under-graduates, the University of Malta for post-graduate education, and Mater Dei Hospital, which is the national state-run hospital. The urban localities of Swatar and Tal-Qroqq also form part of Msida. Valley Road, which links Msida to Birkirkara, is a long avenue of trees, literally a road in a valley where one can find a considerable number of major brands occupying showrooms selling furniture, cars, boats, and more. Msida properties tend to be considered as the ideal investment for a number of reasons. First of all the town is mid-way between Valletta and Sliema as well as mid-way between Valletta and Birkirkara. Major bus routes pass through Msida, making it convenient for commuting also to the far ends of the island. The hub of Msida is close to the Junior College and the University of Malta campus, thereby attracting students en masse. Many Gozitans and Foreigners either purchase or rent in Msida so they maybe within walking distance to the University campus making Msida a great area for rental investment. Msida enjoys a capacious marina, which attracts huge numbers of visitors per year. These bring the marine trade into perspective as well as enticing locals to enjoy the lovely promenade afforded around the harbor area. Deciding to reside in Msida may be convenient to minimize commuting time whether one works in Valletta or Sliema, is an academic or a health professional training or working at Mater Dei. Deciding to invest in an Msida property can prove lucrative since students, lecturers, health workers and marina workers tend to look to this town with interest. Students tend to favor apartment sharing whilst foreign workers who travel to Malta with their families will look towards the Swatar area and Msida outskirts for quiet residential areas full of family homes.

According to our standards, we can to classify this property to both categories IR (Investment to residential property) and Y (Economy class).

Call us! Our specialty is Malta! Have you considered getting a second citizenship in Europe? Licensed lawyers who have worked on the development of the MIIP program with the Maltese Government will serve you. They will be happy to provide full support to you if you decide to get the residence permit for investment MPRP or to participate in a tax residency program in Malta GRP, which have been successfully operating for several years. In addition, most importantly! You do not have to do an independent search for all the services that you need in Malta. You will receive the best service within the framework of “Single Window” by contacting us. We are waiting for your questions and requests. OUR SIGHT IS CLOSER TO DEAL!


Additional features

Apartment details

  • fully furbished
  • complete furnishing
  • balcony/terrace with total area of 10 sq.m
  • air conditioner
  • high-speed internet access
Read further

Household appliances

  • fridge
  • washing-machine
  • dishwasher
  • stove
  • tv
  • microwave
Read further

Representative

Michael
Director
Languages: english
Show phone number



Cost of accomodation in Msida

Cost of accomodation in Msida
Restaurants
Cappuccino (regular) 1.76 €
Coke/Pepsi (0.33 liter bottle) 1.33 €
Domestic Beer (0.5 liter draught) 2.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.89 €
Meal for 2 People, Mid-range Restaurant, Three-course 47.50 €
Meal, Inexpensive Restaurant 11.00 €
Water (0.33 liter bottle) 0.88 €
Imported Beer (0.33 liter bottle) 4.00 €
Markets
Apples (1kg) 3.70 €
Banana (1kg) 1.86 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 13.67 €
Bottle of Wine (Mid-Range) 4.75 €
Chicken Fillets (1kg) 8.03 €
Domestic Beer (0.5 liter bottle) 1.77 €
Eggs (regular) (12) 2.19 €
Lettuce (1 head) 2.00 €
Loaf of Fresh White Bread (500g) 1.17 €
Local Cheese (1kg) 11.00 €
Milk (regular), (1 liter) 0.95 €
Onion (1kg) 3.00 €
Oranges (1kg) 4.10 €
Cigarettes 20 Pack (Marlboro) 6.00 €
Potato (1kg) 2.30 €
Rice (white), (1kg) 2.05 €
Tomato (1kg) 3.07 €
Water (1.5 liter bottle) 1.23 €
Imported Beer (0.33 liter bottle) 1.60 €
Transportation
Gasoline (1 liter) 1.34 €
Monthly Pass (Regular Price) 26.00 €
One-way Ticket (Local Transport) 1.50 €
Taxi 1hour Waiting (Normal Tariff) 40.00 €
Taxi Start (Normal Tariff) 6.50 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26 000.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 18 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 866.67 €
Apartment (1 bedroom) Outside of Centre 725.00 €
Apartment (3 bedrooms) in City Centre 1 433.33 €
Apartment (3 bedrooms) Outside of Centre 1 083.33 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.99 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 78.52 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.00 €
Sports And Leisure
Cinema, International Release, 1 Seat 9.00 €
Fitness Club, Monthly Fee for 1 Adult 46.67 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 52.50 €
1 Pair of Nike Running Shoes (Mid-Range) 50.00 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 15.00 €
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 225.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 3 000.00 €
Price per Square Meter to Buy Apartment Outside of Centre 2 500.00 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 616.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.43 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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