TOW373

Town

Building

POA

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TOW373

Town

Building

POA


ABOUT THIS PROPERTY

BMI Group are delighted to offer for sale Calpe Lodge, Governor's Parade.

An exceptional opportunity to acquire a characterful early-century freehold property in a prime central Gibraltar location, with planning permission pending for a residential and commercial scheme or a boutique hotel.

Calpe Lodge presents a rare opportunity for investors, developers, and hospitality operators to secure a distinctive property with development potential in the heart of Gibraltar.

This early-century building combines period character with the option to create a contemporary residential or hospitality destination. Offered vacant, the property provides purchasers with the flexibility to progress their vision without the constraints of existing occupation.

TWO DISTINCT DEVELOPMENT OPPORTUNITIES

Residential and Commercial Scheme 

With planning permission pending for a number of apartments including communal facilities, commercial and stores, Calpe Lodge offers an exciting prospect for developers seeking to deliver a residential scheme in a central urban location. The proposed development provides the opportunity to create a collection of homes suited to Gibraltar’s established residential market.

Boutique Hotel | A Distinctive Hospitality Concept

Alternatively, the pending planning permission for a boutique hotel presents an opportunity to transform this characterful building into a distinctive hospitality destination. Its central location and historic character provide an appealing foundation for a hotel concept designed to attract business travellers, leisure visitors, and international guests.

KEY PROPERTY HIGHLIGHTS

• Prime central location: Governor’s Parade, Gibraltar.

• Early-century character: A property with historic appeal and individual identity.

• Freehold ownership: A valuable long-term ownership proposition.

• Vacant possession: Available for the purchaser to take forward their plans.

• Planning permission: Pending for a large residential / commercial scheme or a boutique hotel with additional floors 

• Flexible investment strategy: Residential development or hospitality conversion.

• Attractive investment proposition: An opportunity to create value through development in Gibraltar.

Floor plans available upon request. 

Contact BMI Group for viewing arrangements and further information (+350) 200 51010

Areas m2
Interior Size:
722m2
Exterior Size:
151m2
Amenities
Furnishing:
Unfurnished
External Space:
Private Courtyard
Features
  • Character building
  • Near amenities
  • Renovation project
Terms and Lease
Ownership:
Freehold
Brad Duncan Image
Brad Duncan

Senior Sales / Lettings Executive

Contact Brad Duncan

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About Town

The heart of Gibraltar, stretching North to South from Casemates to The Referendum Gates and East to West from Irish Town to Town Range.

The retail centre of Gibraltar including Main Street, Casemates and Irish Town comprising mainly of older Freehold properties and enjoying high street brands such as Marks & Spencer, Holland & Barrett, Mango, Tommy Hilfiger and others.

The area comprises of several residential developments such as Gibraltar Heights, Cornwall’s Centre,Trafalgar House and the new and exclusive Midtown Development affording luxury residential, retail

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Property Stats

Average BMI Property Sales Prices for Town

Average Price

Year

£707,500.00 2026
£275,000.00 2025
£1,333,333.33 2024
£793,000.00 2023
£1,603,000.00 2022
£549,166.67 2021
£182,000.00 2020
£941,250.00 2019
£315,000.00 2018
£46,700.00 2017
£1,050,000.00 2015
£167,500.00 2012
£75,000.00 2004
£265,000.00 2003
£149,650.00 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