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Apartment for Sale

£950,000
E1, Eastside
E1, Eastside, Gibraltar
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Ref: L792118
Apartment
Residential
2 bed
2 bath
87
m2 int.
44
m2 ext.
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2 Bedroom Apartment for Sale, E1, Gibraltar

Century 21 is pleased to offer a spectacular Penthouse in E1. This 2 bed 2 bath property situated on the 19th floor has an internal floor-space of 87sqm plus a large 44sqm outdoor terrace offering spectacular views out towards Spain. This apartment includes two parking spaces as well as a lock-up store. E1 offers its residents a range of hotel-style services and facilities and is geared towards modern day luxury living. This development is exceptionally well suited to investment landlords seeking solid yields with minimal fuss. Each apartment is sold on a standard long lease basis and comes fully-furnished and equipped throughout making them ready for immediate occupancy. The development includes a Wellness Spa/swimming pool/gym and Health Club (discounted rates for E1 residents), as well as a co-working area on the first floor, dry cleaning services and room service within specified hours). Useful to know: Located on the South of Spain with the Straits of Gibraltar separating it from Morocco, Gibraltar is a self-governing British Overseas Territory covering an area of 2.6 sq. Miles (6.73 sq. kilometers). Dominated by the Rock of Gibraltar, a 426m-high limestone ridge, designated a national park at its upper limits, Gibraltar is steeped in history which makes for a fascinating place to visit and live. Today Gibraltar’s economy is based largely on tourism, online gambling, financial services, blockchain technology and bunkering. Gibraltar is divided into 7 districts, Eastside, Westside, Ocean Village, Queensway, Town Area, Upper Town and South District, for details of schools in each area please visit our website, which summarizes the schools on the About Gibraltar page: https://www.century21gibraltar.com/about-century21/ The local population in Gibraltar is now in excess of 35,000. With more than 15,000 crossing the border from Spain to Gibraltar daily, Gibraltar is one of the most exciting, vibrant, progressive places to live and a real investment opportunity for property portfolio holders. BREXIT, Sovereignty and Schengen The sovereignty of Gibraltar is a point of contention in Anglo Spanish relations because Spain asserts its claim to the territory. Gibraltarians have rejected proposals for Spanish or shared sovereignty. On 31 January 2020, the UK and Gibraltar left the European Union, In December 2020, the UK and Spain agreed in principle to negotiate an agreement through which Gibraltar would participate in the Schengen Area. https://www.youtube.com/watch?v=J0tqUDYLQ_E

Location
E1, Eastside, Gibraltar
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Details
Sale:
£950,000
£8,715
per m2
Status:
Available
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2 Bedroom
2 Bathroom
87m2 int.
44m2 ext.
Photos
Eastside Info
EASTSIDE
The Eastside of Gibraltar feels like a retreat from the city type way of life. No doubt during the summer months, you will want to cool off at one of the fabulous beaches that Gibraltar offers. Starting with Eastern Beach, the biggest beach of Gibraltar, a fantastic location where you can sit back in awe as you view the magnificent north face of the Rock that overshadows anything in sight. The sheer height and weightiness of the cliff is nothing short of breath-taking. A short walk down, you will find Catalan Bay, a very popular and extremely picturesque beach and village. Catalan Bay has an incredible history dating as far back as the 1600s. The brightness, the colours, the smell of seafood, the smiles and festive appeal, honestly make you feel like you are in another world of its own! Continuing to walk in a southerly direction from Catalan Bay along Sir Herbert Miles Road, or taking the bus to Both Worlds housing complex, you will arrive at the magnificent Sandy Bay Beach. This amazingly picturesque man made beach is the southernmost of the three beaches which line the Eastern side of the Rock, hugged by the Mediterranean coast of Gibraltar. There are definite plans secured for luxurious residences, a huge underground winery and other amazing projects in the pipeline. Investing along the Eastside of Gibraltar has never been more secure.

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