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Town, Gibraltar, Gibraltar

£850,000
Chestertons Global, Gibraltar
BEDROOMS

14

SIZE

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Key features

  • Sought-after area
  • Freehold building
  • In the heart of town
  • Plot totalling 420 sqm
  • Investment opportunity
  • 14 residential apartments and 2 stores

Description

Chestertons is pleased to offer for sale this freehold building located in Town Area, Gibraltar. This remarkable building is located in the vibrant heart of town and presents an exceptional investment opportunity. Comprising a total of 14 studio apartments, this property is ideal for those looking to expand their portfolio in a prime location. With the studios distributed across the building, there is ample accommodation to cater to a variety of tenants, with 300 sq m of internal space and 120 sq m external. In addition to the residential units, the property boasts two storerooms, offering valuable storage space that can be utilised for various purposes. Notably, 12 of the apartments are currently rent-controlled and tenanted, providing immediate rental income and a steady cash flow for the discerning investor. This property is not just a building, it is a strategic investment in a sought-after area, making it a rare find in today's market. With its prime location and potential for growth, this building is a fantastic opportunity for those looking to make a sound investment in the property market. Don't miss your chance to acquire this unique asset in a thriving community.

Additional information
Internal 300 sq m
Plot size 420 sq m
Service charges N/A
Rates £1,292 pa

Features

* Sought-after area
* Freehold building
* In the heart of town
* Plot totalling 420 sqm
* Investment opportunity
* 14 residential apartments and 2 stores

Brochures

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Town, Gibraltar, Gibraltar

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NEAREST AIRPORTS

Distances are straight line measurements
  • Gibraltar (North Front)(International)
    0.7 miles

About Chestertons Global, Gibraltar

26-30 Ocean Village Promenade, Gibraltar

Voted Best Estate Agent Gibraltar in the 2025-2026 European Property Awards

Chestertons is the largest estate agent in Gibraltar (measured by number of permanent staff).

Every year we are trusted by hundreds of people to help them sell, let, rent and buy property in Gibraltar.

We pride ourselves on our independence and professionalism. Using in-depth market knowledge and vast industry experience, we specialise in all areas of the property market including: sales and lettings; commercial property; property management; property development consultancy; market appraisals; relocation; vacant property management and raising debt or equity for property projects.

We are a dynamic, forward-thinking company that is usually among the first in the industry to recognise and embrace the advantages that technological advances can bring our clients. That is why we are one of the industry leaders in digital marketing.

We care about our community, sponsoring a local football team, a cricket team and various rugby tournaments. We regularly support local charitable events across the spectrum.

We go the extra mile to look after our clients, the environment and our communities to ensure we get the best result in everything we do.

Chestertons Gibraltar is connected with Chestertons Global Limited via an association agreement. Chestertons Gibraltar is beneficially owned by Mike Nicholls and his family.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Chestertons Global, Gibraltar (reference 162083_19660385) 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.

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