St Julian's Apartment for Buy-to-Let Investment
€260,000 · 20 years · 3.85% fixed. A UK buy-to-let investor purchased a two-bedroom apartment in St Julian's - Malta's prime residential and lifestyle hub - targeting the strong demand from the international gaming an...
The Client
Buy-to-Let Investors Abroad
The Challenge
A UK buy-to-let investor purchased a two-bedroom apartment in St Julian's - Malta's prime residential and lifestyle hub - targeting the strong demand from the international gaming and financial services community working in Malta. Rental demand from corporate tenants is consistently high.
Our Solution
Doulton placed the mortgage with a Maltese bank experienced with non-resident investment buyers. The corporate rental demand in St Julian's was evidenced through local agent comparable data. UK income was used as the primary affordability assessment.
The Outcome
Apartment purchased and tenanted within two weeks to a gaming industry professional on a 12-month corporate lease. Gross rental yield: 6.2% on purchase price. Key highlights: Corporate tenant demand evidenced by local comparables; Non-resident investment mortgage placed efficiently; Gross yield of 6.2% - tenanted within 2 weeks.