SOU840

South District

2 beds | 1 bath

£288,000

Price per sqm £4,114.29
Under Offer Zoom Icon

View More Images

SOU840

South District

2 beds | 1 bath

£288,000


ABOUT THIS PROPERTY

New to the market and exclusively through BMI!

This charming ground-floor apartment offers a rare opportunity to create a truly exceptional home. Boasting high ceilings and approximately 70m² of living space, the property is full of character and potential.

Currently arranged as a spacious two-bedroom residence, the apartment features a generous kitchen, a bright living room, and two well-proportioned bedrooms. One of the bedrooms offers excellent scope for reconfiguration, with the potential to be divided and create a third bedroom—making this an ideal option for growing families or savvy investors.

While perfectly liveable as it stands, the property would benefit from a full refurbishment, presenting the perfect canvas to design a stylish, modern home. Retaining and enhancing some of its original features alongside contemporary finishes could transform this apartment into something truly outstanding.

Ideally located in the sought-after South District, this is a fantastic opportunity to add value and create a bespoke living space in a desirable setting.

For a viewing, please contact us on +350 200 51010 or info@bmigroup.gi.

We look forward to assisting you!

Please note: due to the nature of the property, this sale is suitable for cash buyers only.

Areas m2
Interior Size:
70m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Parking:
Zone Parking Permit
Features
  • Ground floor
  • Communal patio
  • Outside storage
  • Small shared patio
  • Bright & Airy
  • Near schools
  • Service Charges N/A
  • Open market no restrictions
Terms and Lease
Ownership:
Leasehold 999 yrs since 1976
Rates:
£44 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.

Register your Interest

Stamp Duty Calculator

Property Stats

Average BMI Property Sales Prices for South District

Average Price

Year

£629,166.67 2026
£704,214.29 2025
£1,289,500.00 2024
£930,000.00 2023
£886,777.78 2022
£699,096.88 2021
£974,285.71 2020
£549,785.71 2018
£1,010,000.00 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