SOU786

South District

3 beds | 2 baths

£752,000

Price per sqm £7,300.97
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SOU786

South District

3 beds | 2 baths

£752,000


ABOUT THIS PROPERTY

A rare opportunity to own an exquisite colonial apartment in a small tranquil community of only 10 properties, situated in the highly sought after area of the South District with its own mirco-climate.

This bright, 3-bedroom ground floor apartment is located in a colonial building close to Europa Point, enjoying the spectacular views of the Straits and Bay of Gibraltar.

The property enjoys over 103sqm of internal living area, with high sound-proofed ceilings, solid walls, wooden flooring and plenty of storage spaces throughout. This spectacular apartment has been recently refurbished and boasts fully fitted air conditioning units in every room, complemented with double glazed PVC suction windows for energy efficiency and noise reduction. The property has the potential to be converted into a four bedroom apartment.

Fully fitted spacious kitchen with functional dining area, offering ample storage space and worktop areas for the chef in the family. South facing lounge leads onto the 20sqm covered terrace ideal to sit out in a nice evenings.

There are 27sqm of external space divided into three areas; a front facing covered terrace, ideal for the winter to as it is the perfect sun trap, a rear BBQ area and a small shed area. The front terrace can be closed off in the winter by rolling down the awnings. Additionally, buyers will benefit from 30sqm of exclusive use of communal area at the front of the property, perfect for summer time use or children's play area.

At the doorstep of the property, there is a large allocated parking space with the capacity to park four vehicles and a motorcycle, perfect to receive guests! There is currently a porta-cabin for additional storage, taking up two of those parking spaces. Potential new owners can opt to keep or remove the porta-cabin.

The property is on the open market with no restrictions.

Located within 1km away from the nearest beach (Little Bay) & Europa pool and a few meters away from Europa Point, this property is the ideal family home .

For further information or to arrange a viewing please contact us on Email: info@bmigroup.com or call us on Tel +350 200 51010.                                                                                              

Areas m2
Interior Size:
103m2
Exterior Size:
N/A
Amenities
Furnishing:
Fully Furnished
Parking:
Private Parking
Features
  • Air conditioning
  • Storage room
  • Wood flooring
  • Double glazing
  • High ceilings
Terms and Lease
Ownership:
Leasehold
Service charges:
£100 Per Month
Rates:
£25 Per Month

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