UPP140

Upper Town

Apartment | 1 bath

£235,000

Price per sqm £4,700.00
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UPP140

Upper Town

Apartment | 1 bath

£235,000


ABOUT THIS PROPERTY

Ideal project not to be missed!!

The property is located on Flat Bastion Road with an internal area of approx. 50m2 on the main level and then a narrow staircase to a basement that would be ideal for a small wet room type bathroom. Property needs complete refurbishment but has great potential. Offers undisturbed views of the bay and direct road access. 

It is a 100 year lease with 90 years remaining.

Only cash buyer's required!

Viewing is a must.

Areas m2
Interior Size:
50m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Parking:
N/A
Terms and Lease
Ownership:
Leasehold
Rates:
£200 Per Annum

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.

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Property Stats

Average BMI Property Sales Prices for Upper Town

Average Price

Year

£440,000.00 2024
£610,000.00 2022
£326,250.00 2021
£559,000.00 2020
£512,250.00 2019
£192,000.00 2018
£235,000.00 2017
£502,500.00 2016
£90,000.00 2007
£210,000.00 2005

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