SOU779

South District

3 beds | 3 baths

£1,500,000

Price per sqm £3,750.00
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SOU779

South District

3 beds | 3 baths

£1,500,000


ABOUT THIS PROPERTY

Spacious 2- floor apartment for sale in the very desirable south district, requiring updates throughout. Interior spans 200m2, complemented by a captivating 70m2 terrace offering breath-taking views of the Straits of Gibraltar and the bay. The property also features a sizable private garden (approx. 330m2) with a private pool, providing and ideal blend of indoor and outdoor living.

This apartment comprises three bedrooms with an optional fourth room, offering flexibility, and it includes three bathrooms for added convenience. The inviting living room boasts a generous size, enhanced by a functional fireplace, and seamlessly connects to the charming terrace, creating an ideal space for relaxation and entertainment. The separate and generously sized kitchen features a dining area that doubles as a potential fourth bedroom, adding versatility to the layout of the apartment.

Includes a lock-up garage.

Viewing is recommended please contact us on +350 200 51010 or info@bmigroup.gi

Areas m2
Interior Size:
200m2
Exterior Size:
400m2
Amenities
Parking:
Lock Up Garage
Terms and Lease
Ownership:
Leasehold 970 Yrs remaining on the lease
Service charges:
£134 Per Month
Rates:
£260 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

Average Price

Year

£1,350,000.00 2024
£930,000.00 2023
£886,777.78 2022
£699,096.88 2021
£974,285.71 2020
£549,785.71 2018
£955,000.00 2017
£680,000.00 2016
£543,750.00 2015
£1,920,000.00 2014
£573,270.00 2013
£1,250,000.00 2012
£1,740,000.00 2011
£405,000.00 2008
£695,000.00 2007
£777,500.00 2006
£330,000.00 2005
£310,400.00 2004
£303,333.33 2003
£285,000.00 2002

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