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Apartment for Sale

£162,000
Ocean Heights, Town Area
Ocean Heights, Town Area, Gibraltar
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Ref: 1000_FSG0297
Apartment
Residential
Studio
1 bath
TBC
m2
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Apartment for Sale, Ocean Heights, Gibraltar

Marketed by
Find a Property

Studio in Prime Central Location - Investment OpportunityPrice for Quick Sale Cash BuyersThis well-presented studio apartment offers an excellent opportunity for buy-to-let investors, located just steps from Main Street and adjacent to Gibraltar’s lively Chatham Counterguard with its restaurants and bars.Currently tenanted at GBP850 pcm, this property delivers a Gross Yield of 6.296% and a Net Yield of 5.654% after annual service charges and rates of only GBP1,040. A strong rental performer, it can be sold with the tenant in place for immediate income.Residents benefit from a communal swimming pool and lift access, making this an attractive option for both tenants and investors.Prime Central Location - close to shops, restaurants, and vibrant nightlife.High Yield Investment - strong returns and consistent rental demand.Ideal for Cash Buyers - quick sale opportunity.To arrange a sales viewing please contact Marnie at Find a Property:FSG0297Tenure: Leasehold (950 years)Ground Rent: pound;35 per quarterService Charge: pound;225 per quarter

Location
Ocean Heights, Town Area, Gibraltar
Details
Sale:
£162,000
Rates:
£140.00.
/ month
Service Charges:
£900.00.
/ month
Status:
Available
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Studio
1 Bathroom
Photos
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. Casemates Square, 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. The blend of historical charm and modern conveniences makes Town Area a highly desirable location, offering both lifestyle appeal and robust long-term investment potential.
MORE ABOUT Town Area

Buyer's Guide

by Seekers Property

Seller's Guide

by Seekers Property

Letting Guide

by Seekers Property

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