Peninsular Heights

PEN035 - 3 beds | 2 baths - Under Offer

£449,500

Price per sqm £4,731.58

Description

New on the market and exclusive to BMI.

Beautifully appointed three-bedroom, one and half bathroom apartment ready to move in, situated within minutes’ walk from the town centre. This apartment has been completely refurbished to a very high standard with high quality materials.

Features laminate wood effect flooring throughout except kitchen and bathrooms which have been fitted in ceramic tiles and reverse cycle air-conditioning.

Provides a spacious family kitchen, living room with access to a large corner balcony fitted with glass curtains. The master bedroom has had the en-suite bathroom split to extend and create a larger room and guest cloakroom, the two other bedrooms are spacious with one including a walk-in wardrobe.

The property offers heaps of storage space and dual lift facility.

Includes a private parking space within the secured underground garage.

Viewing is highly recommended. 

About Peninsular Heights

A substantial area of reclaimed land in the north-western side of Gibraltar. The Westside project was driven primarily by a huge demand for property, both commercial and residential, but primarily the latter and was completed during the early 90’s, consisting of mainly affordable housing schemes for the local market. Sir William Jackson Grove (Gib 5) – Harbour views – Montagu Gardens – Montagu Crescent All of the above were developed and sold as affordable housing schemes for only the local community as a way of increasing home ownership in Gibraltar which during the 1980’s was as low as 5%. The developments will have restrictions on eligibility to purchase and are designed as family developments all with children’s amenities and easy access to underground or covered parking areas. All the developments provide security and in some cases, are gated. The Westside area is located minutes’ walk to the Town Centre and Ocean Village Leisure areas and provides easy access to the Airport and Frontier. Please note that due to lease conditions for purchase, you may not be eligible to buy a property within these estates. Please ask at our offices for further information. Peninsular Heights – Westview Park The above developments are mid-level residential projects primarily attracting local buyers and new entrants to Gibraltar. Both are located within the Westside reclamations and are high density developments with proximity to the financial districts, Morrisons shopping centre as well as Bishop Fitzgerald, Bayside and Westside Comprehensive schools. Town Centre is only 10 minutes walking distance.

CHARGES

Rates: £39 Per Month
Service Rates: £93 Per Month

AREAS m2

Interior Size: 90m2
Exterior Size: 10m2

AMENITIES

Furnishing:
Fully Furnished
Parking:
Private Parking

FEATURES

  • Air conditioning
  • Balcony
  • Laminate flooring
  • Lifts

Terms and Lease

Ownership:
Leasehold 130

Average BMI Property Sales Prices for Peninsular Heights 3 beds Apartment

Average Price

Year

£248,000.00 2012
£163,687.50 2011
£220,000.00 2005
£188,000.00 2003
£162,100.00 2002
£115,000.00 2001
£88,450.00 2000

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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