MON182

Montagu Crescent

4 beds | 2 baths

£555,000

Price per sqm £5,045.45
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MON182

Montagu Crescent

4 beds | 2 baths

£555,000


ABOUT THIS PROPERTY

New to the market and exclusive to BMI, this ideal family home won't last long. Situated on the ground floor, this spacious four-bedroom, two-bathroom apartment spans approximately 110m² and is decorated to an exceptional standard with Italian ceramic flooring throughout.

Each of the four bedrooms is generously sized, particularly the master bedroom, which boasts a large wardrobe and an en-suite bathroom. The expansive living/dining area features a warm-up system, ensuring a cozy atmosphere during the colder months. The remarkable open-plan designer kitchen is exquisitely fitted and includes top-of-the-line appliances.

The property includes a private parking space in a secure underground garage with lift access to the apartment.

Additional amenities include a children's park. Please note that a 3-year residency restriction applies.

Viewing is highly recommended—contact us now to arrange your visit!

Areas m2
Interior Size:
110m2
Exterior Size:
N/A
Amenities
Furnishing:
Partly Furnished
Parking:
Private Parking
Features
  • West Aspect
  • Warm up system in living room and shower room
  • Renovated three years ago
  • Porcelanosa kitchen (less than 6 months old)
Terms and Lease
Ownership:
Leasehold 125 years remaining
Service charges:
£121.87 Per Month
Rates:
£189.9 Per Quarter

About Montagu Crescent

A substantial area of reclaimed land in the north-western side of Gibraltar. The Westside project was driven primarily by a huge demand for property, both commercial and residential, but primarily the latter and was completed during the early 90’s, consisting of mainly affordable housing schemes for the local market. Sir William Jackson Grove (Gib 5) – Harbour views – Montagu Gardens – Montagu Crescent All of the above were developed and sold as affordable housing schemes for only the local community as a way of increasing home ownership in Gibraltar which during the 1980’s was as low as 5%. The developments will have restrictions on eligibility to purchase and are designed as family developments all with children’s amenities and easy access to underground or covered parking areas. All the developments provide security and in some cases, are gated. The Westside area is located minutes’ walk to the Town Centre and Ocean Village Leisure areas and provides easy access to the Airport and Frontier. Please note that due to lease conditions for purchase, you may not be eligible to buy a property within these estates. Please ask at our offices for further information. Peninsular Heights – Westview Park The above developments are mid-level residential projects primarily attracting local buyers and new entrants to Gibraltar. Both are located within the Westside reclamations and are high density developments with proximity to the financial districts, Morrisons shopping centre as well as Bishop Fitzgerald, Bayside and Westside Comprehensive schools. Town Centre is only 10 minutes walking distance.

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Property Stats

Average BMI Property Sales Prices for Montagu Crescent

Average Price

Year

£377,500.00 2024
£380,000.00 2023
£337,333.33 2020
£300,000.00 2019
£260,000.00 2018
£475,000.00 2017
£465,000.00 2015
£208,000.00 2013
£212,500.00 2009
£164,000.00 2008
£220,000.00 2005
£94,750.00 2002
£121,000.00 2001

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