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Apartment for Sale

£325,000
Town Area, Gibraltar
Town Area, Gibraltar
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Ref: SP0823
Apartment
Residential
2 bed
1 bath
TBC
m2
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2 Bedroom Apartment for Sale, Town Area, Gibraltar

This is an older property in the centre of town that would benefit from some updating. The property consists of two bedrooms, two reception rooms, kitchen and bathroom set over 86 sq. mts. and offers a small private terrace as well as use of a large communal terrace on the top floor. This property is on the fourth floor, of a well maintained building in the centre of town, a light, bright apartment that enjoys views across the rooftops of town. The property has a 52 year lease that the Freeholder is willing to renew for an additional term.

Location
Town Area, Gibraltar
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Details
Sale:
£325,000
Status:
Available
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2 Bedroom
1 Bathroom
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Town Area Info
TOWN AREA
Town Area is home to most of Gibraltar’s retail establishments. Main Street, running through the pedestrianised old town from Casemates Square all the way up to Southport Gates, almost covers the entire length of the city, its buildings exhibiting a blend of Andalusian, Moorish, Portuguese, Genoese, and British architecture. Alongside the more traditional shops, mostly lined on the ground floor, visitors will recognise familiar high street brands and chains, intertwined with souvenir and handicraft shops. The upper floors generally provide residential accommodation or office space for local businesses. Dating back to the 18th Century, merchants, traders and shopkeepers established their businesses in Gibraltar, many of which are still run by the direct descendants of the families that instituted them. Gibraltar’s geographic location was nothing short of perfect for merchants back then to port and trade their goods. Casemates Square, as with much of Gibraltar, is open to and represented by many different ethnic peoples. Situated right at the bottom of Main Street, it has a wide range of restaurants, cafes and bars, in which you can order a drink, get comfy, and “people watch” until your heart’s content. Casemates, is the largest of the two main squares located in the city centre of Gibraltar, and is used for special events throughout the year, hosting various shows, festivals and nightlife.

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