PEN041

Peninsular Heights

3 beds | 2 baths

£720,000

Price per sqm £7,783.78
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PEN041

Peninsular Heights

3 beds | 2 baths

£720,000


ABOUT THIS PROPERTY

Imagine entering this beautifully refurbished, bright, and spacious 3-bedroom, 2-bathroom flat, offering panoramic views of the dazzling sea and the iconic Rock of Gibraltar.

Step into the tastefully decorated living room and soak in the scenic vistas from the round balcony. The three bedrooms are thoughtfully situated in a separate wing of the apartment. The light and warm master bedroom, boasting ample storage space, includes an ensuite bathroom for added luxury.

This property seamlessly blends convenience and comfort. Located in a prime, central location, it is within walking distance of Main Street and just minutes away from the hospital and Morrison's supermarket.

A rare opportunity to purchase at Peninsular Heights, this property also includes parking, a fully-fitted kitchen, a utility room, and newly installed air conditioning units for your comfort.

This apartment is truly a gem and not one to miss!

Areas m2
Interior Size:
88m2
Exterior Size:
9m2
Amenities
Furnishing:
Partly Furnished
Terms and Lease
Ownership:
Leasehold
Service charges:
£133.52 Per Month
Rates:
£129.46 Per Quarter

About Peninsular Heights

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 Peninsular Heights

Average Price

Year

£388,333.33 2021
£390,000.00 2015
£248,000.00 2012
£163,687.50 2011
£304,000.00 2009
£220,000.00 2005
£188,000.00 2003
£162,100.00 2002
£115,000.00 2001
£88,450.00 2000

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