Upper Town

UPP104 - 2 beds | 1 bath - Under Offer

£245,000

Price per sqm £4,666.67

Description

Contemporary living! This superbly presented 2-bedroom 1-shower room apartment located in the Upper Town and within a few minutes’ walk in the Town Center. Lavishly refurbished to a high standard, the property provides open plan kitchen living room focusing on the plentiful daylight and spectacular views. The Master is currently using the 2nd bedroom as a very spacious walk-in (serves as the 2nd bedroom).

Ideal starter home or buy to let offering a return of approx. 6% yield.

Viewing is a must.

About Upper Town

The historical residential quarter of Gibraltar, with land marks such as the Garrison Library, Moorish Castle and Sacred Heart Church.

This area is primarily residential with few retail outlets and is densely populated with older buildings dating back 100 plus years and accessed via typically narrow streets. It is reminiscent of old European cities – a melting pot of Gibraltar’s deep historical architectural influences of Moorish, Spanish, Italian and English culture.

As Gibraltar’s economy grows, so too does the capacity to improve, modernise and refurbish this stunning area. Recently, developers have taken an interest in what was a decaying part of town; we are now enjoying the refurbishment of the Old Police Barracks into “loft” style apartments, and other small similar style conversions.

CHARGES

Rates: £79.5 Per Quarter

AREAS m2

Interior Size: 52m2
Exterior Size: 1m2

AMENITIES

Furnishing:
Partly Furnished

FEATURES

  • Air conditioning
  • Double glazing
  • Balcony
  • South/West facing
  • Designer Kitchen
  • Hardwood engineered flooring

Terms and Lease

Ownership:
Leasehold 70 years remaining.

Average BMI Property Sales Prices for Upper Town 2 beds Apartment

Average Price

Year

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.

Stamp Duty Calculator

Stamp Duty on Assignment / Conveyance:

 


Stamp Duty on Mortgage:

 


Total:

Register Your Interest

Share this Property with your friends:

Share on Facebook Icon      Share on Twitter Icon      Share on Twitter Icon
Register Interest