CUM026

Cumberland Terraces

3 beds | 1 bath

£350,000

Price per sqm £4,430.38
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CUM026

Cumberland Terraces

3 beds | 1 bath

£350,000


ABOUT THIS PROPERTY

Spacious 3-bedroom, 1-bathroom apartmentin Cumberland Terraces, within Gibraltar's South District.

Situated on a mid floor, this home boasts a well-maintained interior, lovely floors and spacious rooms. The large kitchen with beautiful Silestone worktops and modern appliances leads to a spacious store room / utility area, which could also double as a large pantry, housing the boiler, dryer and washing machine.

The apartment enjoys partial sea and rock views as well asinstalled air conditioning.

A secure underground garage with a private parking space, is included making it an ideal home for families, offering direct access from the garage to the property.

Cumberland Terraces is ideally located close to St Joseph's School, supermarket and camp bay, perfect for the summer.

Subject to 3-year residency requirements.

Contact BMI to arrange a viewing and find out more. +350 200 51010/ info@bmigroup.gi

Areas m2
Interior Size:
79m2
Exterior Size:
N/A
Amenities
Parking:
Underground Parking
Features
  • Utility room
  • Laundry room
  • Partial sea views
  • Excellent location
  • Rock Views
  • Close to schools
  • Excellent condition
  • Reverse Air Conditioning
  • Secure Covered Parking
Terms and Lease
Ownership:
Leasehold
Service charges:
£92.31 Per Month
Rates:
£111 Per Quarter

About Cumberland Terraces

Located in South District, commonly known as the quieter and predominantly residential area in Gibraltar. The development is located in the lower region of the district and enjoys its own unique micro-climate, particularly during easterly winds which affect the town centre and north western districts.

This development was commissioned by the Government of Gibraltar during 2005/6 as a new phase of affordable housing for local first time buyers.

The location generally affords great views and aspects southward towards the Bay, Strait of Gibraltar and Africa. The district enjoys the benefit of two junior and middle schools, Loreto Convent and St Josephs.

In addition, there are numerous historic, touristic and leisure sites in the area, including Parsons Lodge, Europa Point Park, 100 Ton Gun, Rosia Bay and Camp Bay as well as the famous The Botanical Gardens.

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Property Stats

Average BMI Property Sales Prices for Cumberland Terraces

Average Price

Year

£450,000.00 2024
£249,600.00 2021
£301,250.00 2020
£233,600.00 2017
£205,000.00 2015

For full property stats visit our market update

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.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi