Beach View Terraces

BVT012 - 2 beds | 1 bath - Reduced

£255,000

Price per sqm £3,469.39

Description

Modern two-bedroom apartment located on the podium level situated in the recent affordable housing development “Beach View Terraces”. Only a few minutes’ walk and enjoying the lovely beaches on the Eastern side.  The property has plenty of storage throughout, with a large louvered drying/utility area next to the fully fitted kitchen and extra large storeroom in the corridor area which could convert to a walk-in wardrobe.  The kitchen and master bedroom have an east aspect and offer views of Eastern Beach.

The property comes with a private allocated parking space in the underground garage with direct lift access. Beach View Terraces is located next to the beach and offers a communal children's playing area. 

3-year restrictions apply to this property.

Must view property!!

About Beach View Terraces

Located, as the name would suggest, on Gibraltar’s eastern edge of the Rock, this area has predominantly been designated to industrial and light industrial zoning in the area of Devils Tower Road. Gibraltar’s three main beaches, are also located on the East side of the Rock. Eastern Beach, Catalan Bay and Sandy Bay are the most popular beaches in Gibraltar. Catalan Bay enjoys a village type atmosphere with various small developments located in the area. There are various residential developments such as Caltree House, North View Terrace and Wellington Court in the district with the recent addition of Beach View Terraces, a new affordable housing estate of approx. 500 units. Proposals to invest sizeable monies into the area are very much underway with the Blue Water project, which entails the reclamation of 112,000sqm of land banking with additional super yacht facilities / marina, as well as affordable and luxury developments, mixed use developments and Hotel. This project would see a new regeneration of the area and add huge value to a growing Gibraltar economy.

CHARGES

Rates: £38.07 Per Quarter
Service Rates: £215.58 Per Quarter

AREAS m2

Interior Size: 72m2
Exterior Size: 3m2

AMENITIES

Furnishing:
Fully Furnished
Parking:
Private Parking

Terms and Lease

Ownership:
Leasehold

Average BMI Property Sales Prices for Beach View Terraces 2 beds Apartment

Average Price

Year

£280,000.00 2019

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.

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