Originally built in the 1760s as MoD accommodation and redeveloped in the 20th century into a stunning, single-dwelling home, this three storey mid-terraced town house offers an opportunity to avoid depreciating lease values and increasing service charges.
Hard to believe for many Europeans, but even the vast majority of houses and villas in Gibraltar are held on leases from HMGoG, meaning the land, the fabric of the building and anything attached belong to someone else. This stunning property is currently the only residential freehold title offered for sale in Gibraltar for under £1,000,000.
Arranged over three floors, the property boasts 250sqm (2,691sqft) of internal accomodation as well as an additional 42sqm (450sqft) of outdoor space by way of a front terrace and roof top garden.
Briefly comprising two reception rooms, four bedrooms and three bathrooms, the property is loaded with charm and could make an impressive home for someone with the imagination to make it their own.
The property is ideally placed for families, with St Josephs Primary school a literal stone's throw away and Loretta Convent and easy walk, while the New Harbours trading estate is at the bottom of the road and Main Street is an easy bus route away.
A great family home with an ever appreciating freehold title.