propertygibraltar.com

Residential  | Ref: 4007201

Upper Town

£199,950

£3,703 per sqm


  • Bed Icon 2 bedrooms
  • Bath Icon 1 bathroom
  • House Icon 54 m2
Rates:
£148 pa
Service Charges:
£nil pa
Tenure:
Leasehold (Expires: 30th May 2111)

A rare opportunity to own an affordable piece of Gibraltar’s historic Upper Town

This 54.3sqm, first-floor two-bedroom apartment is set within a traditional character building on Lower Castle Road, surrounded by the distinctive architecture and streetscape that make this one of Gibraltar’s most historic residential areas.
The building reflects Gibraltar’s unique architectural heritage, blending Mediterranean and British influences, with traditional shutters, rendered façades and period proportions.  The Upper Town has been shaped by centuries of Moorish, Spanish, Genoese and British history, with much of its character still visible in the surrounding streets and buildings.
The apartment is perfectly comfortable in its current condition, while offering excellent scope for modernisation and improvement, making it an ideal opportunity for a buyer looking to create a home with character and gradually add value.
With a bus stop directly opposite the property, transport links are exceptionally convenient, while the historic Upper Town setting provides a genuinely distinctive place to live.
A characterful home with plenty of potential in one of Gibraltar’s most atmospheric historic locations.

PROPERTY FEATURES

-First Floor Apartment
-Two Double Bedrooms
-Great First Home
-Colonial Architecture
-Convenient for Main Street
-Blank Canvas for Homeowner
-Internal: 54 m2
-External: 0 m2
-Rates: £148 pa Service charges: £nil pa


Floorplan

Floorplan

£199,950

£3,703 per sqm

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About Upper Town

The old town of Gibraltar is based on the West side of the Rock, and is now referred to as Upper Town. Whilst it is not far from the City Centre, there are a lot of steep hills, and parking is at a premium.



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Stats Icon Market Stats

Average price for sale in Upper Town of properties currently on the market:

Studio: £120,388 £4,210 per sqm

1 bed: £265,667 £5,646 per sqm

2 beds: £407,864 £5,180 per sqm

3 beds: £721,621 £5,725 per sqm

4 beds: £2,282,857 £6,738 per sqm

5 beds: £1,366,250 £5,262 per sqm

6 beds: £1,561,250 £6,005 per sqm

10 beds: £2,195,000 £2,358 per sqm

Recently sold & under offer >

View other properties in Upper Town


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