SOU724

South District

5 beds | 3 baths

£975,000

Price per sqm £3,611.11
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SOU724

South District

5 beds | 3 baths

£975,000


ABOUT THIS PROPERTY

Unique Opportunity!!

The property is freehold and currently features a spacious kitchen with direct access to a small patio and two storage rooms with a large living room and dining room on the ground floor. 1st floor enjoys four bedrooms, three of which are double size bedrooms with one bathroom and a shower room. 2nd floor - a very large master bedroom with walk in wardrobe and bathroom which also enjoys the terrace.

The property is in need of decorative and refurbishment works throughout and the external out door areas would benefit from some detailed landscaping; this property would make a truly magnificent family home, offering unique features and a great deal of character. Although currently laid out as a five bedroom property, there are huge opportunities to maximise space further and increase bedroom sizes. There is also development potential value to the property.

Don't miss out and call us now to arrange to view the property.



Areas m2
Interior Size:
250m2
Exterior Size:
40m2
Amenities
Furnishing:
Fully Furnished
Parking:
Permit Parking - Not Allocated
Terms and Lease
Ownership:
Leasehold
Rates:
£234.3 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