chesterton property collection, gibraltar, spring 2016

INTERNATIONAL PROPERTY COLLECTIONGIBRALTAR EDITION

SPRING 2016

INTERNATIONAL PROPERTY COLLECTIONGIBRALTAR & SOTOGRANDE EDITIONSPRING 2013

Gibraltar’sleadingproperty agent20 Ocean Village PromenadeOcean VillageGibraltar

T: + 350 200 40041 [email protected]

chesterton.gi

Welcome to the International Property Collection, Gibraltar Edition, Spring 2016A selection of prestigious properties from Chesterton

We welcome you to the Spring Edition of our Gibraltar property magazine.

We are proud of this latest edition of our magazine. The quality and quantity of properties offered reflect our market leading position in a very competitive market. The professional standards by which we operate in a hitherto unregulated market have been very well received by vendors, purchasers, landlords and tenants.

We were delighted that at the end of 2015, the Office of Fair Trading launched a new Estate Agents’ Code of Conduct. This is the first time that all of the estate agents in Gibraltar have had to adhere to any form of industry specific regulation. It is something that Chesterton has lobbied for, for some time. Hence we welcome its introduction with open arms. The industry has, at times, been akin to the Wild West, with the consumer (and Gibraltar’s reputation) worse off as a result.

The Code covers a number of best practices to which agents must adhere, none of which have previously been a requirement. Agents must declare a conflict of interest if they are selling a property in which their business or directors have an interest. Agents must use client accounts for client money (amazingly this has never been a requirement albeit standard at Chesterton). Clients can no longer advertise properties on which they are not instructed, so the many ‘ghost’ properties (ie instructions that do not exist or are out of date) should disappear reducing the number of properties which appear to be for sale. The full Code is on our website or available in hard copy from our office.

The Code does not, however, deal with the proper management of tenant deposits. Chesterton adheres to UK standards which are strictly enforced. Landlords and tenants can be safe in the knowledge that rigorous and generally accepted procedures are followed during and at the end of the tenancy period in respect of our custody of the tenant’s deposit. Please talk to us if you are a prospective landlord or tenant as we believe that our service is market leading in this respect.

Meanwhile, the property market remains tight with limited supply. Last year saw a number of off-plan launches in the open market albeit no new property stock of any quantity will be available to move into in 2016. Buyers must wait for developments to complete (in some respects, start) or choose from a small number of options. Meanwhile, rental options are scarce, with perhaps just 25 properties available at any one time across the entire price spectrum. Cheaper rentals are usually snapped up by clients on our lettings list before coming to the market. Please let us know if you would like to join our weekly emailed lettings list with latest instructions.

We will always remain dedicated to providing our clients with the best possible service.

We look forward to welcoming you.

Mike Nicholls BSc FCAManaging Director

Front cover: Clifftop House, Ref 1411

For more information call Chesterton 00350 200 40041 or email [email protected]

© Buckingham Properties (Gibraltar) Limited trading as Chesterton, 2015. All rights reserved. Reproduction is forbidden except by express permission of Chesterton. The content of this magazine is believed to be correct but its accuracy is not guaranteed and it does not form part of any offer or contract. Chesterton cannot accept responsibility for any omissions or errors.

Mike Nicholls BSc FCAManaging Director

Gibraltar Sales

£354,950

+ 350 200 [email protected]

Gibraltar Sales

* Large terrace * Designer fitted kitchen * Central location

* Air-conditioning * Ample utility storage * Superb pool complex

Ocean Village 2 bed / 1 bath / 73 sq mRef 1457

£354,950


Gibraltar Sales

* Large terrace * Designer fitted kitchen * Central location

* Air-conditioning * Ample utility storage * Superb pool complex


Gibraltar Sales

£495,000


Gibraltar Sales

* Marina facing * 3 double bedrooms * Duplex apartment

* 2 terraces * Air conditioning * Communal roof top & pool

Portland House 3 bed / 2 bath / 123 sq mRef 1241

Gibraltar Sales

£834,950


Gibraltar Sales

* Penthouse specification * 3 king size bedrooms * Overlooking marina

* 3 terraces - 360 degree views * 3 bathrooms - two ensuite * Close to town centre

Watergardens 3 bed / 3 bath / 280 sq mRef 1481

Gibraltar Sales

£835,000


Gibraltar Sales

* Penthouse specification * Newly decorated & furnished * Rock and sea views

* Wrap around 67 sq m terrace * Use of resort style pool area * Undercover parking space


Gibraltar Sales

Gibraltar Sales

£850,000


Ref 1411

Gibraltar Sales

* Spectacular sea views * Superbly presented * Double garage for two cars

* Storeroom * Communal pool * Fabulous terrace

4 bed / 2 bath / 220 sq mClifftop House

Gibraltar Sales

£949,950


Gibraltar Sales

* Sea views * Superbly presented * Lovely terrace

* Air-conditioning * Indoor swimming pool * Marina facing

The Sails 3 bed / 2 bath / 205 sq mRef 1039

£949,950


Gibraltar Sales

* Sea views * Superbly presented * Lovely terrace

* Air-conditioning * Indoor swimming pool * Marina facing


• TAX PLANNING • CORPORATE & COMMERCIAL • FINANCIAL SERVICES •• FUNDS • LITIGATION • PROPERTY • TRUSTS •

Whether buying or selling,we don’t leave you hanging around.

www.gibraltarlaw.com 57/63 Line Wall Road, PO Box 199, Gibraltar.+350 200 79000 • +350 200 71966 • [email protected]

Conveyancing needn’t be a hassle when you’re moving pads. At Hassans we keep you informed every step of the way and deliver sound legal advice with no hidden extras. Fee quoted is fee billed, no quibbling.

Call or email us for a no obligation quote on any property, or drop by and pick up an information pack from our reception.

Hassans_Conyancing_Chesteron.indd 1 7/14/14 5:29 PM

Gibraltar Sales

£1,750,000


Gibraltar Sales

* Penthouse living * Breathtaking views * 2 parking spaces

* Own private pool and jacuzzi * Magnificent terrace * 4 double bedrooms


Gibraltar Sales

South District

£1,750,000


Ref 401

Gibraltar Sales

* Detached villa * Stunning views of the bay * Double garage

* Large outside spaces * Private swimming pool * Three storeys

5 bed / 4 bath / 422 sq m

South District

£1,750,000


Ref 401

Gibraltar Sales

* Detached villa * Stunning views of the bay * Double garage

* Large outside spaces * Private swimming pool * Three storeys


Gibraltar Sales

£1,900,000


Gibraltar Sales

* Sea views * Large roof terrace * Freehold

* Separate apartment * Internal courtyard * Central location

Town Area 7 bed / 4 bath / 640 sq mRef 942

Gibraltar Sales

Town Area

£1,995,000


Ref 1055

Gibraltar Sales

* Double fronted garage * Colonial, original features * Roof terrace

* Communal swimming pool * Allocated parking * Residents’ gymnasium


Town Area

£1,995,000


Ref 1055

Gibraltar Sales

* Double fronted garage * Colonial, original features * Roof terrace

* Communal swimming pool * Allocated parking * Residents’ gymnasium


Gibraltar Sales

South District

£2,350,000


Ref 1462

Gibraltar Sales

* Spectacular views * Spacious rooms * Top floor summer room

* Hand made designer kitchen * Double garage * Communal swimming pool


South District

£2,350,000


Ref 1462

Gibraltar Sales

* Spectacular views * Spacious rooms * Top floor summer room

* Hand made designer kitchen * Double garage * Communal swimming pool


SOCIETE GENERALE PRIVATE BANKING HAMBROS

Issued by SG Hambros Bank (Gibraltar) Limited, which is regulated and authorised by the Financial Services Commission, Gibraltar. © 2014 Societe Generale Group and its affiliates. © Hugo Stenson - FRED & FARID

privatebanking.societegenerale.com/hambros

P a s t p e r f o r m a n c e s h o u l d n o t b e s e e n a s a n i n d i c a t i o n o f f u t u r e p e r f o r m a n c e . P l e a s e n o t e t h a t i n v e s t m e n t s m a y b e s u b j e c t t o m a r k e t f l u c t u a t i o n s a n d t h e p r i c e a n d v a l u e o f i n v e s t m e n t s a n d t h e i n c o m e d e r i v e d f r o m t h e m c a n g o d o w n a s w e l l a s u p . A S S U C H Y O U R C A P I T A L M A Y B E A T R I S K .

W E M A N A G E Y O U R W E A LT H

SO YOU CAN ENJOY ITYOUR PR IVATE BANKER WORKS CLOSELY W ITH A DED ICATED TEAM OF INDUSTRY EXPERTS. SOC IETE GENERALE PR IVATE BANK ING OFFERS

YOU HIGH QUAL ITY SOLUTIONS TO MANAGE YOUR WEALTH IN A COMPLEX ENVIRONMENT. SO YOU HAVE T IME FOR THE IMPORTANT THINGS IN L IFE.

SG_CHESTERTON MAG_220X222_VOITURE HAMBROS GIBRALTAR_150ans.indd 1 27/10/14 12:45 HD

Gibraltar Sales

South District

£2,750,000


Ref 1037

Gibraltar Sales

* Architectural features * New build * Large terraces

* Sea views * Four storeys * Priced for quick sale


Gibraltar Sales

£3,500,000


Ref 1439

Gibraltar Sales

* Detached house * Swimming pool * Large garage

* 18 month project to build * Panoramic sea views * Opportunity to personalise

South District 4 bed / 4 bath / 316 sq m

Gibraltar Sales

£4,200,000


Gibraltar Sales

The Island

* Beautifully presented * Private garden * Majestic sea views

* Private swimming pool * 4 car garage * Set over four floors

3 bed / 3 bath / 530 sq mRef 807

T: + 350 200 40041 F: + 350 200 44011

[email protected] chesterton.gi

Chesterton20 Ocean Village PromenadeOcean VillageGibraltar

Your professional introduction to GibraltarProperty, tax, relocation

Over 200 years of property experience

From £300,000


Gibraltar Sales

* New development * Many with sought after views * Short walk from town

* Double glazed windows * New shutters * Resales now available

Tarik Views

£410,000


Gibraltar Sales

* Swimming pool complex * Allocated parking * Air-conditioning

* Terrace * Sea views * Close to town centre


£430,000


Gibraltar Sales

* Communal pool * Fabulous views * Fully furnished

* Underground parking * Beautifully presented * Private terrace

Rock Gardens 1 bed / 1 bath / 70 sq mRef 415

£459,950


Gibraltar Sales

* Fully furnished * Access to swimming pools * Gymnasium

* Marina views * Terrace * Close to town


£460,000


Gibraltar Sales

* Panoramic views * Designer kitchen * Outdoor swimming pool

* Gymnasium * Beautifully presented * Air-conditioning

Clifftop House 2 bed / 2 bath / 95 sq mRef 620

£460,000


Gibraltar Sales

* Panoramic views * Designer kitchen * Outdoor swimming pool

* Gymnasium * Beautifully presented * Air-conditioning

Clifftop House 2 bed / 2 bath / 95 sq mRef 620

£635,000


Gibraltar Sales

* Competitively priced * Solid wooden flooring * Communal swimming pool

* Marina views * Private parking * Air-conditioning

Tradewinds 3 bed / 2 bath / 143 sq mRef 1201

Ocean Village | Gibraltar | GX11 1AA +350 2001 6000 [email protected] www.sunborninfinity.gi

CALL NOW FOR MORE INFORMATION & FOR A FREE CONSULTATION

NEW YEAR NEW YOUALL OVER BODY DETOX

• Personal Training

• Nutritionist • Spa Treatments

NEW YEAR

NEW YOUALL OVER BODY

DETOX

£685,000


Gibraltar Sales

* Air-conditioning * Underground parking * Spectacular views

* Outdoor pool * Communal gym * 2 west facing balconies

Kings Wharf 3 bed / 2 bath / 136 sq mRef 1007

£699,995


Gibraltar Sales

* Views of Gibraltar Bay * Garage parking * Communal pool

* Rear patio * Front terrace * Lift access

Gardiner’s Road 4 bed / 2 bath / 160 sq mRef 930

£780,000


Gibraltar Sales

* Ideal family home * Garage parking * Private plunge pool

* Townhouse over 4 floors * Gated communal area * Sold fully furnished

Lord Napier Mews 4 bed / 4 bath / 243 sq mRef 404

£780,000


Gibraltar Sales

* Ideal family home * Garage parking * Private plunge pool

* Townhouse over 4 floors * Gated communal area * Sold fully furnished

Lord Napier Mews 4 bed / 4 bath / 243 sq mRef 404

£799,950


Gibraltar Sales

* Bespoke fitted kitchen * Stunning sea views * 2 parking spaces

* Storeroom * Fitness gym * Communal pool

Kings Wharf 4 bed / 2 bath / 175 sq mRef 1475

£850,000


Gibraltar Sales

* Wine cellar * Private garden * Communal swimming pool

* Communal gym * Large private parking * Outdoor workshop

South District 3 bed / 2 bath / 398 sq mRef 816

Triay & Triay, 28 Irish Town, GibraltarTel: +350 200 72020 • Fax: +350 200 72270 • [email protected] • www.triay.com

Buying a home is probably the biggest investment you will ever make and selling is often a realisation of such investment. Whether buying or selling, it is imperative that you receive impartial advice.

Our property team comprises of leading lawyers in the real estate sector and offers a complete service whether residential or commercial including:

• A full service including pre-contract advice/enquiries• Preparation of all documentation

• Effective action to ensure your transaction goes smoothly• A timely flow of information so that you are kept updated

• Competitive rates

Triay & Triay value your need for both independent and unbiased advice and we do not act for both buyer and developer in any transaction. So whether you are buying or selling, contact the legal experts in our property department to arrange an appointment.

thinking of moving?

• Corporate & Commercial• Dispute Resolution• Financial Services

• Private Client• Property• Shipping & Admiralty

Gibraltar’s Lawyers Since 1905

£850,000


Gibraltar Sales

* 3 double bedrooms * 2 terraces * Marina views

* Superbly decorated * 2 parking spaces * Kitchen with breakfast bar


£1,950,000


Gibraltar Sales

* Gated development * Luxury kitchen * Sea views

* 2 allocated parking spaces * Communal pool * Tastefully decorated

Admiral’s Place 6 bed / 4 bath / 354 sq mRef 6

£2,200,000


Gibraltar Sales

* Detached house * Wrap around terrace * Panoramic sea views

* Designer kitchen * Lift * Potential for pool


£2,950,000


Gibraltar Sales

* Panoramic sea views * High spec throughout * 3 terraces

* Newly built * Luxury Italian bathrooms * Contemporary townhouse


£3,250,000


Gibraltar Sales

* Breathtaking sea views * Interior designed * Bespoke specification

* 3 terraces * Hydrapool * Perfect for entertaining guests


An Education for Life

www.priorparkgibraltar.com

Opening September 2016Prior Park School, Gibraltar will be the fourth school to join the Prior Park Schools’ community and the first independent, Catholic senior school in Gibraltar.

We will open for Years 8 through to 10 in September 2016, Years 11 and 12 in 2017 with full senior school provision from 2018.

For further information, including details of how to register your child, please visit our website.

I look forward to welcoming your child to the Prior Park family. Peter WattsHeadmaster, Prior Park School, Gibraltar

Find us on social media: @priorparkgib

Chestertons_Gibraltar_222x220_November.indd 1 25/11/2015 15:48:08

£3,499,950


Gibraltar Sales

* Private villa * Off road car parking * Stunning views

* 1,200 sq m plot * Large outside area * Private pool


Make your property purchase totally stress free

Let Verrallstake care of it.

Our team of specialists are committed to providing you with detailed and practical

advice whether you are buying a property, starting a business or you are going through a divorce, in order for you to

properly understand the process and make informed decisions about your future.

Our firm has substantial expertise in telecoms, gaming & betting, international tax planning, private clients, employment,

wills & estates, insurance and civil and criminal litigation.

Verralls Barristers & Solicitors2B Centre Plaza, 2 Horse Barrack Lane, Gibraltar

Tel: +350 200 47252 Fax: +350 200 72789 Email: [email protected]

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Advert-300dpi.pdf 1 7/16/13 8:31 AM

£10,900,000


Gibraltar Sales

* Cinema room * Parking for 10 cars * Pool, jacuzzi and spa

* Fully landscaped gardens * Breathtaking views * Self contained apartment

South District 7 bed / 6 bath / 1,879 sq mRef 598

Chesterton offers a range of 1,2 and 3 bedroom apartments in Gibraltar available for short lets. The apartments are located in Ocean Village and Atlantic Suites and are available for short periods between 3 nights and 6 months. Each apartment is priced differently ranging from £70 per night for a studio apartment up to £200 per night for a 3 bedroom apartment with stunning views. Prices can be negotiated according to the booking period required. As an excellent alternative to a local hotel, try one of our short let apartments in Gibraltar to make your stay here truly special. + 350 200 40041

[email protected]

Gibraltar Corporate Short Lets

Gibraltar Lettings

Looking to rent?

You can keep up to date with new listings as they become available.

To receive our weekly lettings list by email,email us at:

[email protected] quoting “lettings list”

or call us on +350 200 40041

Did you know...

We have property available to rent in all popular locations. Please contact our lettings division to discuss your requirements.

Gibraltar Lettings

Looking to rent?

You can keep up to date with new listings as they become available.

To receive our weekly lettings list by email,email us at:

[email protected] quoting “lettings list”

or call us on +350 200 40041

Did you know...

We have property available to rent in all popular locations. Please contact our lettings division to discuss your requirements.

Gibraltar Lettings

Ocean Village A selection of apartments including penthouses are available for rent in this very popular development. Apartments offer quality fitted kitchens with top of the range appliances, designer bathroomswith underfloor heating and are fully air-conditioned. Residents also enjoy 24 hour security, access to the vast communal pool area and exclusive roof top gardens.

Tradewinds This Taylor Woodrow luxury development is conveniently situated in a central location, surrounded by bars and restaurants in the marina and walking distance to the airport. All properties boast a bright and spacious living area, an impressive fully fitted kitchen with top of the range appliances, air-conditioning, wooden flooring, fitted wardrobes and private balconies. Properties are rented with a parking space and access to the communal swimming pool.

Kings Wharf Kings Wharf is located within a few minutes walk of the town centre and offers its residents a wide range of private and communalfacilities including gardens, pools and a fitness centre. All apartments have air-conditioning, a luxury fitted kitchen and a high standard of finish throughout. Each apartment has an allocated parking space within the secure garage.

Atlantic Suites Overlooking the Strait of Gibraltar, the conversion of this impressive building creates 106 exclusive apartments offering 1, 2 and 3 bedroom layouts as well as a selection of penthouses. This top quality development includes: an impressive entrance into a grand lobby lounge, 24 hour security and porter, lounge areas, a health club, a swimming pool, private gardens and private indoor parking. It is located within walking distance of the town centre.

Gibraltar Lettings

The Anchorage This exclusive development is situated in the popular South District. All apartments offer a bright living room, a fully fitted kitchen, designer bathrooms, air-conditioning, a terrace and allocated parking. Amenities include: a communal gymnasium with exercise pool and a children’s play area.

Filomena House Completed in 2010, Filomena House is Taylor Woodrow’s last development in Gibraltar. This modern block is conveniently situated, within walking distance of the border and Main Street. The apartments are well equipped, with wooden flooring and air-conditioning. There is also a secure underground car park.

The Sails This exclusive development is located in the peaceful Queensway Quay marina, with its popular selection of restaurants and bars. The properties have been finished to a high standard, with fully fitted kitchens, quality wooden flooring, spacious rooms, air-conditioning and lovely views of the marina. Allocated parking is available, along with a communal pool which can be enjoyed throughout the year.

Europlaza Europlaza is ideally located, near to the city centre and next to Morrisons, making it a convenient base for work or leisure. The properties offer private balconies, wooden flooring throughout and designer fitted kitchens. Many apartments have wonderful sea views and there is a secure garage.

Chesterton Corporate Services, a division of the Chesterton Estate Agency, grew out of the desire of companies to tap into a local knowledgeable service that could meet both the employer’s requirements of encouraging its staff to relocate and to be a point of contact for each individual as they stepped off the aeroplane to discover what Gibraltar and nearby Spain was all about.

Our relocation service has evolved to meet the needs of both employer and employee. We provide an orientation service, to show each person the areas most suited to their requirements, be it budget based, best beaches or golf courses, proximity to the office, or nearby schools etc. We then short list suitable properties from a wide variety of pre-selected reputable agents and help with the negotiation. We hand hold parents’ visits to schools, whether Gibraltar or Spain, guide each person through the myriad of red tape surrounding residency applications, tax office applications and health card registrations. And we even have special rates we can pass on for removal companies that know what to do when they reach the Gibraltar / Spanish border.

The growth of our relocation service has been in response to client needs. Each package is tailored to suit the client, whether a relocation of 100 staff or just one.

Please talk to us if you think we can help.

Relocation, Relocation, Relocation.Chesterton Corporate Services

Chesterton Corporate Services, a division of the Chesterton Estate Agency, grew out of the desire of companies to tap into a local knowledgeable service that could meet both the employer’s requirements of encouraging its staff to relocate and to be a point of contact for each individual as they stepped off the aeroplane to discover what Gibraltar and nearby Spain was all about.

Our relocation service has evolved to meet the needs of both employer and employee. We provide an orientation service, to show each person the areas most suited to their requirements, be it budget based, best beaches or golf courses, proximity to the office, or nearby schools etc. We then short list suitable properties from a wide variety of pre-selected reputable agents and help with the negotiation. We hand hold parents’ visits to schools, whether Gibraltar or Spain, guide each person through the myriad of red tape surrounding residency applications, tax office applications and health card registrations. And we even have special rates we can pass on for removal companies that know what to do when they reach the Gibraltar / Spanish border.

The growth of our relocation service has been in response to client needs. Each package is tailored to suit the client, whether a relocation of 100 staff or just one.

Please talk to us if you think we can help.

Relocation, Relocation, Relocation.Chesterton Corporate Services

· Eurolife · Irish Town · Ocean Village · Waterport Place· Europort · Main Street · Queensway Quay · World Trade Centre· Eurotowers · Marina Bay · Regal House· International House · Midtown · Watergardens

We have extensive knowledge of the Gibraltar commercial property market and vast experience of lease negotiations. Recent transactions have included premises within the following locations. Please contact us if you would like us to identify the right property and on the right terms for your business.

Gibraltar Commercial


Sovereign Insurance Services appreciates your insurance requirements are unique. We understand your home isn’t just any residence but a special place reflecting your individuality and your lifestyle.

We will tailor an insurance product to suit your needs, providing extensive protection and peace of mind.

For a private consultation, call Neil Entwistle or Sofia Agripino on (00350) 200 52908 or email [email protected]

www.sis.gi

BESPOKE INSURANCE PRODUCTS FOR OUR PRIVATE CLIENTS

Sovereign Insurance Services (SIS) is licensed by the Gibraltar Financial Services Commission (FSC Regulated Number 00957B) to act as an insurance intermediary for general insurance business in Gibraltar, the United Kingdom and elsewhere within the EEU under EU passporting directives.

SIS_220wx222h_for_Chestertons_International.indd 1 21/2/2014 3:43:39 PM

Sotogrande Alto

€1,100,000


Ref SASOTR812

Sotogrande Sales

* Beautiful homely villa * Southerly aspect * Lovely views to the forest

* Green zone * Very large covered terrace * Large store room

5 bed / 4 bath / 1,325 sq m plot

Valgrande

€860,000


Ref SASOPE803

Sotogrande Sales

* Valgrande duplex penthouse * Gated community * Gymnasium, sauna

* Large south facing terrace * Indoor & outdoor pools * Modern refurbished kitchen


www.tfoeurope.netor scan QR code to view our website

Specialising in:Residence Gibraltar, Spain & UK advisory and compliance issues

DomicileEstate planning to properly protect against UK and Spanish inheritance tax

PensionsAdvising on the optimal pension plan for your situation

Asset ProtectionStructural advice for high net worth estates

To contact one of our tax experts please call Mike Nicholls FCA in the first instance on +350 200 40041 [email protected]

TFO UK Peter HouseOxford Street Manchester M1 5AN www.tfotax.net

TFO Gibraltar 15 Irish Town PO Box 1483 Gibraltar

www.tfoeurope.net

Sotogrande Alto

€1,600,000


Ref SASOTR811

Sotogrande Sales

* Tennis court * Large plot over 2,800 sq m * Games area & cinema room

* Service quarters * Wheel chair friendly * Garden has a southerly aspect


Sotogrande Costa

€2,200,000


Ref SASOTR795

Sotogrande Sales

* Top address in Sotogrande * Generous master suite * Large kitchen & utility room

* Beautiful garden, large plot * Magnificent terrace * Close to all attractions


Sotogrande Costa

€3,900,000


Ref SASOPR787

Sotogrande Sales

* New build February 2017 * Ark Architects design/build * Modern clean lines

* Top Sotogrande address * Very best available qualities * Energy efficient villa

5 bed / 5 bath / 2,675sq m plot

Le Bourbon, Verbier

CHF 8,950,000


International Sales

* South facing * Unobstructed views * Private garden

* In the heights of Verbier * Fitness room/sauna and lift * Ski room and wine cellar

4 bed / 4 bath / 330 sq mLos Naranjos Hill Club, Marbella

€550,000


Marbella Sales

* Investment opportunity * Partially refurbished property * Superb location

* Large extended kitchen * Mature private garden * Very flat 1,000 sq m plot


Le Bourbon, Verbier

CHF 8,950,000


International Sales

* South facing * Unobstructed views * Private garden

* In the heights of Verbier * Fitness room/sauna and lift * Ski room and wine cellar


Battaleys Mews, Barbados

$595,000


International Sales

* 5 townhouses * Views of the Caribbean Sea * Plunge pool and gardens

* Easy stroll to Mullins Beach * Near historic Speightstown * Gated community


Hurlingham Terrace, Parsons Green, London

£2,395,000


International Sales

* Newly built family house * Great location * Garden and terrace

* Kitchen/dining/reception * Further reception room * South of Parsons Green

4 bed / 4 bath

Uxbridge Street

Offers over £3,500,000


International Sales

* Substantial freehold property * Opportunity to refurbish * GIA 3,550 sq ft

* Usage – Office B1 * Vacant possession * Opportunity to reconfigure

Gross internal area 3,550 sq ft

Silverlight, London

£5,500,000


International Sales

* Under floor heating * Roof garden * Freehold

* Part air-conditioned * Wet bar * City of Westminster


Over 200 years of property experience

Offices across five continents

Client accounting software endorsed by the Institute of Chartered Accountants

Saturday opening

Ring-fenced client accounts for holding landlord & tenant monies

Independent from any property developer or legal firm in Gibraltar

Only one real estate agent can tick all of these boxes:

Register your property with Chesterton T: + 350 200 40041



Personal Income TaxIndividuals are taxed under one of two systems, whichever is most advantageous. No tax is payable where assessable income is £11,000 or less.

(i) Gross Income Based System (GIB)Tax is calculated on gross assessable income:First £17,000* 16%£17,001 to £25,000* 19%£25,001 to £40,000 25%£40,001 to £105,000 28%£105,001 to £500,000 25%£500,001 to £700,000 18%£700,001+ 5%

* Individuals with gross assessable income not exceeding £25,000 pay at 6% on the first £10,000, 20% on the next £7,000 and the balance at 28%.*Deductions are available for medical insurance, pensions and home purchase.

(ii) Allowances Based System (ABS)Tax is calculated on net taxable income*: First £4,000 14%Next £12,000 17%Over £16,000 39%* Tapering relief is available for income between £11,001 to £19,500. * A tax credit of £300, or 2% of the resultant tax liability (whichever is greater) is then applied.

Special Tax Status for IndividualsAvailable for applicants satisfying eligibility criteria. Includes rental or purchase of an approved residential property.

(i) High Net Worth Individuals (Category 2)Persons with net wealth of £2M+ can apply to pay tax only on their first £80,000 of taxable income, equivalent to an annual liability of £27,000, but subject to a minimum of £22,000.Notice: This note provides general information on the Gibraltar tax system which may be of interest. It is not intended to be comprehensive and should not be construed as professional advice.

(ii) High Executive Possessing Specialist Skills status (“HEPSS”)Relocating executives with relevant skills pay tax only on the first £120,000 of their assessable income (maximum tax £29,940). A minimum salary of £100,000 is required.

QROPSIt is possible to transfer a UK pension to Gibraltar under QROPS rules. A tax free pension commencement lump sum of up to 30% is available. Income drawdowns are taxed at 2.5%.

Other TaxationAs well as a favourable income tax regime, Gibraltar has no taxes on:

Savings income (dividends and interest). Royalties and capital gains. Wealth, gifts, estates and inheritance. Sales (e.g. VAT).

Stamp Duty on Real EstatePurchase Price RateTo £200,000 NilFrom £200,001 2.0% on first £250,000to £350,000 5.5% on balanceOver £350,000 3.0% on first £350,000 3.5% on balanceNo stamp duty is payable by first and second time buyers on the first £260,000 of the purchase cost.

Company Income TaxCharged at 10% on income which is “accrued in or derived from” Gibraltar.

There are no withholding taxes on the payment of dividends. Interest paid between connected companies is taxable where the recipient is a Gibraltar company and the amount is £100,000 or more per annum. Royalty income received by a Gibraltar company is subject to tax.

Information provided by: Almanac Limited, 30/2 Cornwall’s Lane, GibraltarT: +350 200 42250 E: [email protected] www.almanac.gi

Gibraltar Tax Tablesfor the year ending 30 June 2016.

T: + 350 200 40041



Personal Income TaxIndividuals are taxed under one of two systems, whichever is most advantageous. No tax is payable where assessable income is £11,000 or less.

(i) Gross Income Based System (GIB)Tax is calculated on gross assessable income:First £17,000* 16%£17,001 to £25,000* 19%£25,001 to £40,000 25%£40,001 to £105,000 28%£105,001 to £500,000 25%£500,001 to £700,000 18%£700,001+ 5%

* Individuals with gross assessable income not exceeding £25,000 pay at 6% on the first £10,000, 20% on the next £7,000 and the balance at 28%.*Deductions are available for medical insurance, pensions and home purchase.

(ii) Allowances Based System (ABS)Tax is calculated on net taxable income*: First £4,000 14%Next £12,000 17%Over £16,000 39%* Tapering relief is available for income between £11,001 to £19,500. * A tax credit of £300, or 2% of the resultant tax liability (whichever is greater) is then applied.

Special Tax Status for IndividualsAvailable for applicants satisfying eligibility criteria. Includes rental or purchase of an approved residential property.

(i) High Net Worth Individuals (Category 2)Persons with net wealth of £2M+ can apply to pay tax only on their first £80,000 of taxable income, equivalent to an annual liability of £27,000, but subject to a minimum of £22,000.Notice: This note provides general information on the Gibraltar tax system which may be of interest. It is not intended to be comprehensive and should not be construed as professional advice.

(ii) High Executive Possessing Specialist Skills status (“HEPSS”)Relocating executives with relevant skills pay tax only on the first £120,000 of their assessable income (maximum tax £29,940). A minimum salary of £100,000 is required.

QROPSIt is possible to transfer a UK pension to Gibraltar under QROPS rules. A tax free pension commencement lump sum of up to 30% is available. Income drawdowns are taxed at 2.5%.

Other TaxationAs well as a favourable income tax regime, Gibraltar has no taxes on:

Savings income (dividends and interest). Royalties and capital gains. Wealth, gifts, estates and inheritance. Sales (e.g. VAT).

Stamp Duty on Real EstatePurchase Price RateTo £200,000 NilFrom £200,001 2.0% on first £250,000to £350,000 5.5% on balanceOver £350,000 3.0% on first £350,000 3.5% on balanceNo stamp duty is payable by first and second time buyers on the first £260,000 of the purchase cost.

Company Income TaxCharged at 10% on income which is “accrued in or derived from” Gibraltar.

There are no withholding taxes on the payment of dividends. Interest paid between connected companies is taxable where the recipient is a Gibraltar company and the amount is £100,000 or more per annum. Royalty income received by a Gibraltar company is subject to tax.

Information provided by: Almanac Limited, 30/2 Cornwall’s Lane, GibraltarT: +350 200 42250 E: [email protected] www.almanac.gi

Gibraltar Tax Tablesfor the year ending 30 June 2016.

A

Map data © OpenStreetMap contributors, CC-BY-SA www.openstreetmap.org / www.creativecommons.org

KeyA Chesterton, 20 Ocean Village Promenade, Ocean Village1 Admirals Place2 Anchorage3 Atlantic Suites4 Clifftop House5 Cliftons6 Europlaza 7 Eurotowers8 Filomena House9 Genista House10 Kings Wharf11 Little Genoa12 Lord Napier Mews13 Marina Bay14 Ocean Village15 Portland House16 Queensway Quay17 Rock Gardens18 Rosia Plaza19 The Island20 The Sails21 Tradewinds22 Watergardens23 Wellington Court

Off-plan developments

24 Bourne Place25 Buena Vista Villas26 Imperial Ocean Plaza27 Midtown28 Ocean Spa Plaza29 Plata Villa30 Tarik Views31 The Sanctuary32 Victory Place33 West One, Eurotowers34 World Trade Center

Map data © OpenStreetMap contributors, CC-BY-SA www.openstreetmap.org / www.creativecommons.org

KeyA Chesterton, 20 Ocean Village Promenade, Ocean Village1 Admirals Place2 Anchorage3 Atlantic Suites4 Clifftop House5 Cliftons6 Europlaza 7 Eurotowers8 Filomena House9 Genista House10 Kings Wharf11 Little Genoa12 Lord Napier Mews13 Marina Bay14 Ocean Village15 Portland House16 Queensway Quay17 Rock Gardens18 Rosia Plaza19 The Island20 The Sails21 Tradewinds22 Watergardens23 Wellington Court

Off-plan developments

24 Bourne Place25 Buena Vista Villas26 Imperial Ocean Plaza27 Midtown28 Ocean Spa Plaza29 Plata Villa30 Tarik Views31 The Sanctuary32 Victory Place33 West One, Eurotowers34 World Trade Center

Bourne Place10 sympathetically restored properties available off-planPrices start from £140,000

Please contact:Tim Benson at Chesterton on +350 200 40041or email [email protected]

chesterton property collection, gibraltar, spring 2016

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