Savills Gibraltar are pleased to present this rare opportunity to acquire a large plot situated between Gibraltar`s Town Center and South District. This property can potentially become a spectacular family home, large enough to include pools and gardens for the whole family to enjoy. Furthermore the plot can easily be developed, with the potential to be subdivided and transformed into separate properties. Additional to its generous size this property further benefits from off street private parking space and magnificent views. With its potential to modernize and enhance the existing building or to develop this plot present a unique opportunity for both home buyers or investors alike. 106 years remaining on the lease. Rates approx £400 per quarter. Ground rent £10 pa.
The South district is a quieter family orientated area. With the housing less dense due to the network of old colonial buildings and ancient streets, often which offer stunning views this is a popular choice for families. This is where you can find more space to purchase a large house with garden. It has great access to the waters edge with some of the best snorkelling and scuba diving in the area, diverse corals and fish and a few wrecks to explore. There is a large family seating area for picnics and sunbathing with free childrens pools, volleyball, an open air pool (in summer) and several small beaches. There are regular buses which service the whole area.
Ref. SS02467
Ref. SS02467