CUM027

Cumberland Terraces

2 beds | 1 bath

£299,950

Price per sqm £4,476.87
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CUM027

Cumberland Terraces

2 beds | 1 bath

£299,950


ABOUT THIS PROPERTY

Welcome to Cumberland Terraces, located in one of the sunniest and most sought-after neighborhoods in Gibraltar. This prime location provides seamless access to the Town Area, with convenient public transport right at your doorstep. Just a leisurely stroll away, you’ll discover a popular local supermarket, a variety of public and private schools, and an array of restaurants catering to every culinary preference. Additionally, the beautiful all-season beaches are within easy reach, allowing you to embrace the vibrant coastal lifestyle.

This beautifully presented two-bedroom, one-bathroom apartment is situated in a family-friendly building, making it perfect for both families and professionals alike. The apartment boasts a newly fitted bathroom and is available partly furnished for your convenience. The spacious layout features a fully equipped kitchen, a generous living area, and a cozy 2m2balcony that offers western views.

For added convenience, this property includes a private underground parking space with direct lift access to the garage, ensuring effortless entry and exit.

For more information or to arrange a viewing, please contact us at +350 200 51010 or emailinfo@bmigroup.gi

We look forward to assisting you in finding your new home!

This property is subject to a 3-year residency policy.

Areas m2
Interior Size:
66m2
Exterior Size:
2m2
Amenities
Furnishing:
Partly Furnished
Parking:
Private Parking
Features
  • Gated community
  • Balcony
  • Lift access
  • 3 Year residency required
  • Easy access
Terms and Lease
Ownership:
Leasehold
Service charges:
£233 Per Quarter
Rates:
£95 Per Quarter

About Cumberland Terraces

Located in South District, commonly known as the quieter and predominantly residential area in Gibraltar. The development is located in the lower region of the district and enjoys its own unique micro-climate, particularly during easterly winds which affect the town centre and north western districts.

This development was commissioned by the Government of Gibraltar during 2005/6 as a new phase of affordable housing for local first time buyers.

The location generally affords great views and aspects southward towards the Bay, Strait of Gibraltar and Africa. The district enjoys the benefit of two junior and middle schools, Loreto Convent and St Josephs.

In addition, there are numerous historic, touristic and leisure sites in the area, including Parsons Lodge, Europa Point Park, 100 Ton Gun, Rosia Bay and Camp Bay as well as the famous The Botanical Gardens.

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Property Stats

Average BMI Property Sales Prices for Cumberland Terraces

Average Price

Year

£395,000.00 2024
£249,600.00 2021
£301,250.00 2020
£233,600.00 2017
£205,000.00 2015

For full property stats visit our market update

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.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi