UPP159

Upper Town

1 bed | 1 bath

£1,200 pcm

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UPP159

Upper Town

1 bed | 1 bath

£1,200 pcm


ABOUT THIS PROPERTY

NEW TO THE MARKET AND EXCLUSIVE TO BMI - OFF-PLAN

One bedroom one bathroom Penthouse apartment with an internal area of 33m2 and 9m2 terrace offering panoramic views of the Bay, Africa and Straits of Gibraltar.

Situated in the Upper Town is this new Development over 4 storey, due to complete spring 2024. The building is over 100 years old and is being renovated to a modern and high standard. Ideal investment opportunity or perfect for living!!

This one bedroom, one bathroom, open plan kitchen/living room apartment with access to a west facing terrace of approximately 10m2 offers panoramic views of the Bay & Straits of Gibraltar where you can enjoy watching the beautiful sunsets.

Each home in the building will be equipped with double glazed windows, high ceilings, laminate flooring, air-conditioning and a fully furnished and equipped kitchen.

Each apartment will be fully furnished and decorated by RL interiors, including bedding, towels, kitchen utensils and more.

Includes air-conditioning throughout.

Estimated completion Spring 2024. 

Areas m2
Interior Size:
33m2
Exterior Size:
10m2
Amenities
Furnishing:
Fully Furnished
Features
  • Private terrace
  • Panoramic view
  • Air-conditioning
  • Close to town centre and local amenities
  • 3rd Floor
Terms and Lease
Ownership:
Leasehold

About Upper Town

The historical residential quarter of Gibraltar, with land marks such as the Garrison Library, Moorish Castle and Sacred Heart Church.

This area is primarily residential with few retail outlets and is densely populated with older buildings dating back 100 plus years and accessed via typically narrow streets. It is reminiscent of old European cities – a melting pot of Gibraltar’s deep historical architectural influences of Moorish, Spanish, Italian and English culture.

As Gibraltar’s economy grows, so too does the capacity to improve, modernise and refurbish this stunning area. Recently, developers have taken an interest in what was a decaying part of town; we are now enjoying the refurbishment of the Old Police Barracks into “loft” style apartments, and other small similar style conversions.

Register your Interest

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Property Stats

Average BMI Property Sales Prices for Upper Town

Average Price

Year

£610,000.00 2022
£326,250.00 2021
£559,000.00 2020
£512,250.00 2019
£192,000.00 2018
£235,000.00 2017
£502,500.00 2016
£90,000.00 2007
£210,000.00 2005

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