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1 bedroom apartment for sale

E1, GIbraltar, Gibraltar

£323,906

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Call: 03339 391435
  • Description
  • Floorplans (0)
  • Map
  • Video tour (1)

Key features:

  • Local developer Fully furnished and equipped Forecast comple

Full description:

UNDER CONSTRUCTION.

WIth over 120 apartments already reserved, E1 offers Its occupants a range of hotel style servIces and Is geared for modern day lIvIng. HIghly suIted to landlords seekIng solId yIelds and mInImum hassle. Each apartment Is sold on a 150 year lease from 1 AprIl 2019.

All E1 apartments are delIvered fully furnIshed and equIpped (IncludIng towels, sheets, pots, pans, TV, crockery and toaster) ready to occupy ImmedIately. The development Includes a Wellness Spa and Health Club (dIscounted prIces for E1 occupants), plus dry cleanIng servIces, co-workIng area on the fIrst floor and restaurant. Room servIce wIll be avaIlable for food and dry cleanIng (wIthIn certaIn hours and paId for by the occupant / tenant).

Located near to the new entrance and exIt to GIbraltar, close to Eastern Beach and walkIng dIstance from the aIrport, Ocean VIllage and Casemates, each apartment may be used for owner occupancy, long term let or AIrBnB short term style let as the owner dIctates. Our prevIous blog on short let accommodatIon as an asset class Is quIte relevant.
ew-asset-class-short-let-accommodatIon-239

There Is also a provIsIon for the rental of car, moped and bIcycle spaces plus there wIll be a car club for shared usage of vehIcles for short term hIre at the renter's expense.

All apartments are mInImum 30 sq metres thus meetIng NatWest's current mortgage crIterIa.

The purchase of an apartment Includes payment terms of 2.5% reserve, 20% exchange, 7.5% 4 months after exchange and 70% on completIon.

AddItIonal InformatIon
Internal 50.9
External 10.3

Features

* Local developer
* Fully furnIshed and equIpped
* Forecast completIon Jan 2022
* Ideal buy to let wIth tax breaks
* E1 Wellness Spa & Health Club
* Restaurant / cafe / dry cleanIng

More information from this agent

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Gibraltar (North Front) (INTERNATIONAL), 0.4 miles

*Distances are straight line measurements. This feature is currently in beta.

Video tour

To view this property or request more details, contact
Chestertons Gibraltar, Gibraltar

20 Ocean Village Promenade, Ocean Village
03339 391435  Local call rate

Disclaimer

This is a property advertisement provided and maintained by Chestertons Gibraltar, Gibraltar (reference 162083_3332) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Chestertons Gibraltar, Gibraltar

20 Ocean Village Promenade, Ocean Village
or call 03339 391435
Calling from outside the UK? 0035020040041

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