UPP191

Upper Town

2 beds | 2 baths

£635,000

Price per sqm £5,247.93
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UPP191

Upper Town

2 beds | 2 baths

£635,000


ABOUT THIS PROPERTY

Beautifully renovated two-bedroom, two-bathroom townhouse, originally a three-bedroom, nestled in the upper town at the top of Castle Street within an exclusive private development of just four properties. Thoughtfully designed across two levels, the ground floor features both bedrooms, a spacious family bathroom, and a walk-in closet. Upstairs, the open-plan living and dining area is enhanced by a charming cast iron wood burner, seamlessly flowing into a modern kitchen with ceramic flooring. A stylish shower room completes this level.

The home boasts high-quality finishes, including laminate flooring throughout, ceramic tiles in the kitchen and bathrooms, and newly installed windows fitted with elegant plantation shutters. A small internal covered patio adds convenience to use as a laundry area, while an attic provides additional storage. Outside, the property benefits from its own designated patio within a communal space, as well as access to a shared terrace featuring a plunge pool.

Planning permission was granted in 2018 for a third-floor extension with a terrace, offering potential for further expansion (plans available upon request). Additionally, there is an option to rent a parking space nearby.

Sold fully furnished and decorated to a high standard, this unique townhouse is a must-see.

Three-year residency restrictions apply until 2026.

Areas m2
Interior Size:
121m2
Exterior Size:
N/A
Amenities
Furnishing:
Fully Furnished
Parking:
Parking Facility
Features
  • Air conditioning
  • Laminate flooring
  • New doubled glazed windows
  • Plantation Shutters
Terms and Lease
Ownership:
Leasehold 137 years remaining
Service charges:
£150 Per Month
Rates:
£193.45 Per Quarter

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