SOU743

South District

4 beds | 2 baths

£1,750,000

Price per sqm £6,363.64
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SOU743

South District

4 beds | 2 baths

£1,750,000


ABOUT THIS PROPERTY

New to the market and exclusive to BMI!

An exceptional townhouse nestled on the outskirts of the Nature Reserve commanding a glorious position overlooking the Bay of Gibraltar and offering remarkable fusion of traditional design.

This outstanding property has great potential to design and create a truly contemporary bespoke project, subject to planning permission.

Featuring generous volumes, wonderful ceiling heights, glorious natural light and views.

The current property provides a built area of approx. 250m2 and approx. 50m2 of rear patio and terraces over four floors comprising as following:

1st Level: Entrance hall, spacious reception room and bathroom.

2nd Level: Kitchen, living /dining room with working fireplace and wonderful front terrace. This level offers access to rear patio leading to an outside private parking space.

3rd Level: Master bedroom, 2 front bedrooms with access to terrace, study and family bathroom.

4th level: Attic area which has been converted to a very spacious bedroom offering plenty of storage space.

Also includes a lock-up garage which can accommodate up to 2 cars.

A must view property!!

Areas m2
Interior Size:
250m2
Exterior Size:
50m2
Amenities
Furnishing:
Partly Furnished
Parking:
Lock Up Garage
Features
  • Fireplace
  • West facing
  • Patio
  • Private parking
  • Terraces
Terms and Lease
Ownership:
Leasehold 119 Years
Service charges:
£400 Per Annum
Rates:
£230 Per Quarter

About South District

The South District is a large area commonly known as the quieter and predominantly residential area in Gibraltar. It is split between upper and lower regions and enjoys its own unique micro-climate, particularly during easterly winds which affect the town centre and north western districts.

The area comprises of middle and high end residential developments such as The Anchorage, Cliftons, Rosia Plaza, Vineyards as well as some exclusive upper high end developments and private residential homes including Buena Vista Park, The Sanctuary and New Aloes.

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 South District 4 beds Apartment

Average Price

Year

£1,185,000.00 2022
£1,051,666.67 2020
£727,500.00 2018
£790,000.00 2017
£555,000.00 2015
£2,615,000.00 2014
£615,000.00 2013
£1,740,000.00 2011
£405,000.00 2008
£695,000.00 2007
£675,000.00 2006
£330,000.00 2005
£430,000.00 2004
£320,000.00 2003

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