Property in Gibraltar
The prices of property in Gibraltar has been steadily rising, as has property globally, but the ever diminishing space available certainly means prices will continue to rise. There has been a swathe of newly erected property for both residential and commercial use mainly finished to a very high standard. The high end properties are mainly built with 'high networth individuals' in mind who have to own a property in keeping with their welth in order to qualify for the minumal tax category status.
There are still plenty of properties for the first time buyer however with many of the older tower blocks seeing internal make overs reminscent of 'Changing Rooms'. Many of the blocks come with swimming pools included albeit they tend to be fairly small.
Access to rental property is achieved via stroll along man street to the many estate agencies that line the path or a short search on the internet. The lack of available property has served to push prices up and led many people to seek accomomdation across the border in La Linea but even now the town sees the available properties snapped up quickly. Other areas to consider around Gibraltar are Alcaidesa, Duquesa, Torreguadiaro and Sotogrande. A search through the local free papers such as the Friday Ad or the Sur in English normally will get you on the right track.
For more information we suggest you contact
Bray Properties at www.brayproperties.com or call +350 200 47777
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