CUM030

Cumberland Terraces

2 beds | 1 bath

£299,000

Price per sqm £3,833.33
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CUM030

Cumberland Terraces

2 beds | 1 bath

£299,000


ABOUT THIS PROPERTY

Situated on a high floor in the highly sought-after South District, this modern two-bedroom, one-bathroom apartment offers a bright and comfortable living space in one of Gibraltar’s most desirable residential areas. The property is presented in good condition and features a stylish, fully fitted kitchen equipped with contemporary appliances—ideal for everyday living and entertaining.

The spacious living room is tastefully decorated, creating a welcoming atmosphere, while both the master and second bedrooms are generously sized doubles, providing ample room for relaxation or working from home. Additional features include sleek laminate flooring throughout and air conditioning for year-round comfort.

The apartment is being sold partly furnished, allowing you to move in with ease while still leaving room to add your personal touch. For added convenience, the property also comes with an allocated parking space in the secure underground garage—an invaluable asset in this area.

This is a fantastic opportunity to secure a quality home in a tranquil yet well-connected part of Gibraltar. Early viewing is strongly recommended to fully appreciate what this apartment has to offer. Please note: a three-year Gibraltar residency requirement applies for purchase.

Areas m2
Interior Size:
78m2
Exterior Size:
N/A
Amenities
Furnishing:
Partly Furnished
Parking:
Private Parking
Features
  • Air conditioning
  • Laminate flooring
  • Close to schools
  • Ceramic flooring in kitchen & bathroom
  • Close to beaches
Terms and Lease
Ownership:
Leasehold 135 years remaining
Service charges:
£230.96 Per Quarter
Rates:
£99.09 Per Month

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

£276,500.00 2025
£395,000.00 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