CUM033

Cumberland Terraces

2 beds | 1 bath

£295,000

Price per sqm £4,469.70
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CUM033

Cumberland Terraces

2 beds | 1 bath

£295,000


ABOUT THIS PROPERTY

Recently refurbished, this charming two-bedroom, one-bathroom apartment is situated on a low floor within Cumberland Terraces. Enjoying views of the Rock and podium, the property offers a tranquil setting, perfect for families seeking the calm of the South District while remaining conveniently close to local amenities. Measuring 66sqm, the apartment features spacious, light-filled rooms and a fully-fitted Pepe Cote kitchen. The house has been painted in a neutral tone, making it ready for a new owner to move in and personalise. Additional benefits include double-glazed tilt-and-turn windows, shutters, mosquito screens, and reverse air conditioning throughout, ensuring comfort in all seasons. The property also offers ample storage space. Included in the sale is one allocated, covered parking space within the development. This property is available for immediate occupancy, and is not part of a chain. Originally subject to restrictions, Cumberland Terraces is now available on the open market and is close to key amenities, including a large supermarket, excellent first and middle schools, convenient transport links to the town centre, and nearby beaches.

Rates & Service Charges total approximately £100pcm

For more information, please contact BMI Group on 200 51010, or emailinfo@bmigoup.gi

Areas m2
Interior Size:
66m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Parking:
Private Parking
Air Conditioning:
Yes
Features
  • Podium and Rock facing
Terms and Lease
Ownership:
Leasehold

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

£281,750.00 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