international property collection gibraltar edition spring 2014

INTERNATIONAL PROPERTY COLLECTIONGIBRALTAR EDITION

SPRING 2014

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 and over 70 offices worldwide

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



Your professional introduction to GibraltarProperty, tax, relocation

Over 200 years of property experience and over 70 offices worldwide

Welcome to the International Property Collection, Gibraltar Edition, Spring 2014

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

The calibre of the properties in this edition reflects the high confidence levels in both the future of Gibraltar’s economy and Chesterton’s ability to best represent the quality end of the local property market.

The Sanctuary, five of the most impressive villas Gibraltar has ever seen before, plus the striking New Aloes residence and Whitewater House have all been built, or are being built, in response to the demand for high quality properties in Gibraltar. Buena Vista Park Villas phase three will also launch soon with a mix of villas and townhouses aimed at the higher end. We are appointed agents on all of these developments.

At the other end of the price spectrum, we simply cannot source enough properties for the rental and buy to let investor market. Our sales pipeline is at record levels and most of our rental properties are let before making it to our website. Our drive is now to seek vendors and landlords of some cheaper properties for our waiting clients. This quest has achieved early success with Chesterton’s instruction as property agent for Plata Villa, a forthcoming development of 23 apartments in the South District to be sold off-plan most likely in quarter 2 of this year.

We continue to voice concerns regarding the lack of professional standards within our industry. Quite simply, there are no regulations. Any tenant, landlord or purchaser is relying on simple trust and professionalism of their estate agent when placing their money and their property with them. We encourage everyone to ask how their client money is handled. We also note the increase in the number of properties on estate agents websites which are advertised as available but are either not available or that agent has no instruction to market the property. Chesterton will always maintain high professional ethics and standards, as that positioning has been the foundation of our success over the last few years.

On the day of writing this foreword, the Development & Planning Commission has granted the developers of the Marriott Hotel outline planning consent to proceed. The development includes 8,000 square metres of prime office space adjacent to the hotel and we are proud that Chesterton has been appointed as sole agent to market the offices.

Selling and renting of commercial space is quite different from residential. We have demonstrated to landlords and tenants that we have the skillset and experience to deal with quite complex lease issues. This has resulted in our ability to present a number of off-market property investment opportunities to investors seeking a good rental return. In the next quarter we will be opening our dedicated Chesterton Commercial office in response to our growth in this sector.

None of the above could be achieved without a quality team of people. In the last quarter we have continued to invest in our team both in numbers and training. Whether myself, or one of my staff, we look forward to welcoming you and assisting you.

Mike Nicholls BSc FCAManaging Director

Front cover: Queensway Quay.

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

© Buckingham Properties (Gibraltar) Limited trading as Chesterton, 2013. 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

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Whitewater House is located in a truly unique location within the Gibraltar Nature Reserve. It is spacious throughout and comprises: 6 bedrooms, 6 bathrooms, an office, a utility room, an open plan kitchen, 2 reception areas, 2 balconies, 2 terraces and an infinity pool. This tranquil yet easily accessible setting, boasts uninterrupted views of the Bay of Gibraltar and North Africa. With a combined internal living area of 440 sq m, landscaped gardens, swimming pool and private secure parking for up to four cars, this is a rare opportunity to acquire such a house.

£6,000,000Ref 562: Whitewater House6 bed / 6 bath / infinity pool / 440 sq m / landscaped gardens / secure parking

+ 350 200 [email protected]

Gibraltar Sales

Whitewater House is located in a truly unique location within the Gibraltar Nature Reserve. It is spacious throughout and comprises: 6 bedrooms, 6 bathrooms, an office, a utility room, an open plan kitchen, 2 reception areas, 2 balconies, 2 terraces and an infinity pool. This tranquil yet easily accessible setting, boasts uninterrupted views of the Bay of Gibraltar and North Africa. With a combined internal living area of 440 sq m, landscaped gardens, swimming pool and private secure parking for up to four cars, this is a rare opportunity to acquire such a house.

£6,000,000Ref 562: Whitewater House6 bed / 6 bath / infinity pool / 440 sq m / landscaped gardens / secure parking


Gibraltar Sales Gibraltar Sales

The unique and stunning stone block building that sits proudly within the Buena Vista Park Villas development on the top of the cliff with unrivalled views across the bay and straits of Gibraltar is to be converted into a Luxury Residence with extensive grounds. There will be a further six plots for large bespoke villas in the luxurious private gated Buena Vista Park Villas development. Register now with Chesterton for further information. + 350 200 40041

[email protected]

Gibraltar Sales

Buena Vista Park VillasOff plan opportunity

The unique and stunning stone block building that sits proudly within the Buena Vista Park Villas development on the top of the cliff with unrivalled views across the bay and straits of Gibraltar is to be converted into a Luxury Residence with extensive grounds. There will be a further six plots for large bespoke villas in the luxurious private gated Buena Vista Park Villas development. Register now with Chesterton for further information. + 350 200 40041

[email protected]

Gibraltar Sales

Buena Vista Park VillasOff plan opportunity

Register your interest for a residential development in the South District to be launched in the second quarter of 2014. The project consists of one, two, and three bed apartments with parking, communal grounds and swimming pool. Many of the twenty-three apartments have west facing views over the Bay of Gibraltar. Prices are expected to start from just over £200,000. These images are an indication and are subject to change.

Villa PlataOff-plan residential property opportunity


Register Now

Gibraltar Sales

A part completed new build with stunning views, which utilises some of the original building walls and is walking distance to the town. Comprising: 4 bedrooms, 4 en-suite bathrooms, a large open plan kitchen, a dining room, a sitting room, a spacious hall, an office and storeroom. There is also a lower level floor, with a large entertainment room. The internal living area is 285.5 sq m, with terraces of approximately 181 sq m. The property has allocated parking in the adjacent new covered car park and there is also a large garden area to the rear which it may be possible to rent or purchase.

£1,600,000Ref 409: Arengo’s Palace 4 bed / 4 bath / views / part new build


Gibraltar Sales

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

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This exclusive development located in the peaceful Queensway Quay marina, offers spacious rooms and lovely views of the marina. The property has been finished to a high standard and has an impressive fully fitted kitchen, quality wooden flooring and air-conditioning. Allocated parking is available along with a communal pool which can be enjoyed throughout the year.

£685,000Ref 80: The Sails2 bed / 2 bath / marina views / parking / all weather pool


Gibraltar Sales

Gibraltar Sales

£845,000Ref 510: Kings Wharf3 bed / 2 bath / marina views / swimming pool


This 6th floor apartment, with a southwest facing terrace, provides a stunning view of the Bay of Gibraltar. Boasting 159 sq m of interior designed accommodation, it is fully furnished and equipped. The property was originally a 4 bedroom apartment which is currently being used as a large 3 bedroom, but could easily be converted back if required.

This double fronted semi-detached colonial style house is located in the South District. This property is bright and airy throughout, yet still retains many of its original features, including: high ceilings with cornice detail, wooden flooring, feature fireplaces and a spacious entrance and landing. Accommodation comprises 3 double bedrooms, 2 en-suite bathrooms, 2 reception rooms, a cloakroom and a fully fitted kitchen breakfast room leading to a delightful dining area. Outside there is a large west facing private patio garden and a further utility area.

£895,000Ref 408: South Barrack Road3 bed / 3 bath / sea views /original features


Gibraltar Sales

This double fronted semi-detached colonial style house is located in the South District. This property is bright and airy throughout, yet still retains many of its original features, including: high ceilings with cornice detail, wooden flooring, feature fireplaces and a spacious entrance and landing. Accommodation comprises 3 double bedrooms, 2 en-suite bathrooms, 2 reception rooms, a cloakroom and a fully fitted kitchen breakfast room leading to a delightful dining area. Outside there is a large west facing private patio garden and a further utility area.

£895,000Ref 408: South Barrack Road3 bed / 3 bath / sea views /original features


Gibraltar Sales

This beautiful family home is located in the town area of Gibraltar and offers spacious accommodation throughout. It boasts many original features, including high ceilings and fireplaces and is kept in good decorative order. The property has a fantastic roof top terrace with views of the old town. This area is perfect for entertaining and is fully equipped with a bar, pergola and hot tub.

£1,150,000Ref 103: Town Area3 bed / 4 bath /original features / views


Gibraltar Sales

This magnificent 3 story colonial town house overlooks Queensway Quay marina. The accommodation includes, 4 bedrooms, a modern open plan kitchen with south facing terrace, a large living area with a west facing terrace plus a main terrace overlooking the marina. The property has a three car driveway and a paved patio area leading to the garden. Tastefully decorated and air-conditioned throughout, this lovely property offers the very best in marina living. Amenities include a communal outdoor swimming pool and gym, complete with a sauna.

£1,150,000Ref 79: Queensway Quay4 bed / 3 bath / garage / communal pool / communal gym


Gibraltar Sales

Gibraltar Sales

Ref 540: Both Worlds £129,950A lovely, bright and airy 1 bedroom retirement apartment, available to the over 50’s. With fabulous uninterrupted sea views from the bedroom, living room and kitchen/dining room, the property also benefits from a bathroom, reversible air-conditioning, tiled flooring and double glazed windows. The apartment is sold partly furnished. Facilities at Both Worlds include a gym, games room and laundry room.

Ref 523: Main Street £495,000This superbly presented, top floor, 3 bedroom apartment is ideally located in the town area. The spacious property is light and airy and benefits from a master bedroom with en-suite shower, a family bathroom, a fitted kitchen/breakfast room, 2 utility areas and a living/dining room with a working fireplace. The apartment has double glazing and is sold part furnished. There is also potential to reinstate a private lift and planning permission for a roof terrace.

Ref 535: Atlantic Suites £339,000An immaculately presented, spacious, 1 bedroom apartment located within this prestigious development. The high specification kitchen boasts designer appliances and the bathrooms are fitted with top quality sanitary ware. This contemporary apartment has an open plan kitchen/dining/living room and the balcony has sea views. For an additional fee residents enjoy use of the state of the art gym/spa and outdoor swimming pool.

Ref 548: Kings Wharf £424,000A stylish 2 bedroom apartment, centrally located within one of Gibraltar’s most desirable areas. Features include: hardwood flooring, fitted wardrobes, air-conditioning, top quality bathrooms, a designer kitchen open to the dining/living room and a private terrace with sea views. Residents benefit from a state of the art fitness centre, pool, jacuzzi and private gardens. Each apartment has an allocated parking space in the secure underground car park.

Gibraltar Sales

£1,100,000Ref 553: Ocean Village4 bed / 3 bath / marina views / swimming pool


A superbly presented 4 bedroom apartment situated on a high floor in Royal Ocean Plaza, with fabulous views of the marina. The property boasts 3 bathrooms, two of which are en-suite and the third is a guest shower room. The fully fitted designer kitchen is open to the fabulous living/dining room which provides an excellent space for living and entertaining. There is a wonderful terrace of 45 sq m, ideal for relaxing and al fresco dining. The property also benefits from a private parking space, 24 hour security and access to the communal pools.

Gibraltar Sales

Ref 175: Gardiner`s Road £1,299,950This beautiful and tastefully decorated three story home stands on a double plot. A spacious living room leads onto a private balcony with spectacular sea views. The luxury kitchen is fully fitted and the property has large bedrooms and 4 bathrooms. There is a BBQ area, an annex, a recreation area and space for a swimming pool. There is also a covered parking area and planning consent (expired) for 2 garages and a 1 bedroom apartment.

Ref 18: The Anchorage £255,000This spacious 1 bedroom apartment offers a large, bright living room and an open plan, fully fitted kitchen with quality appliances. With wooden flooring throughout, a designer bathroom, air-conditioning and electric blinds, it also benefits from an allocated parking space in a secure garage and access to a children’s play area. The property is located in the popular South District.

Ref 575: Queensway Quay £695,000Located in the very desirable Queensway Quay development is this well presented 3 bedroom apartment. The spacious master bedroom has an en-suite and fitted dressing area. There is a bright and airy living room and well fitted kitchen both with direct access to the delightful terrace, with lovely views of the marina. This property benefits from an underground parking space and a communal swimming pool and gymnasium.

Ref 349: The Sails £750,000This beautiful 2 bedroom apartment offers spacious accommodation throughout and a high level of finish. The living/dining area boasts an open plan luxury kitchen and has access to a large private terrace offering views of the quiet Queensway Quay marina. The property also offers, an all weather swimming pool and 2 parking bays.

Gibraltar Sales

Ref 175: Gardiner`s Road £1,299,950This beautiful and tastefully decorated three story home stands on a double plot. A spacious living room leads onto a private balcony with spectacular sea views. The luxury kitchen is fully fitted and the property has large bedrooms and 4 bathrooms. There is a BBQ area, an annex, a recreation area and space for a swimming pool. There is also a covered parking area and planning consent (expired) for 2 garages and a 1 bedroom apartment.

Ref 18: The Anchorage £255,000This spacious 1 bedroom apartment offers a large, bright living room and an open plan, fully fitted kitchen with quality appliances. With wooden flooring throughout, a designer bathroom, air-conditioning and electric blinds, it also benefits from an allocated parking space in a secure garage and access to a children’s play area. The property is located in the popular South District.

Ref 575: Queensway Quay £695,000Located in the very desirable Queensway Quay development is this well presented 3 bedroom apartment. The spacious master bedroom has an en-suite and fitted dressing area. There is a bright and airy living room and well fitted kitchen both with direct access to the delightful terrace, with lovely views of the marina. This property benefits from an underground parking space and a communal swimming pool and gymnasium.

Ref 349: The Sails £750,000This beautiful 2 bedroom apartment offers spacious accommodation throughout and a high level of finish. The living/dining area boasts an open plan luxury kitchen and has access to a large private terrace offering views of the quiet Queensway Quay marina. The property also offers, an all weather swimming pool and 2 parking bays.

A fabulous and unique 4 bedroom apartment. Originally two apartments which have been converted into a single home, the property boasts a superb living room which is open to the spacious dining area, a further living/family room, a modern kitchen, a utility room, 2 en-suite bathrooms and an additional family bathroom. All living rooms have access to the terrace, with fantastic marina and sea views. This well appointed apartment benefits from air-conditioning, 2 private parking spaces, use of the communal pool and fitness centre and is situated in one of the best positions in the marina.

£1,100,000Ref 574: Queensway Quay4 bed / 3 bath / views / swimming pool / fitness centre


Gibraltar Sales

Gibraltar Sales

Ref 559: Ocean Village £375,000A fantastic 2 bedroom, 1 bathroom apartment located on a high floor in Majestic Ocean Plaza. Both bedrooms and open plan living room lead out onto the terrace with picturesque views. The property is immaculately presented and boasts wood flooring, reversible air-conditioning, an underfloor heated bathroom, an open plan designer kitchen and a light and spacious living/dining room. There is a parking space and a choice of communal pools.

Ref 552: Tradewinds £615,000This superb 2 bedroom apartment on a high floor offers spacious accommodation, including a master bedroom with fitted wardrobes and an en-suite bathroom. It further comprises: a luxury kitchen/dining area with integrated appliances, designer bathrooms with underfloor heating, a bright open plan living room and dining room with a private terrace and delightful views. The property includes a parking space and benefits from a communal swimming pool.

Ref 18: The Anchorage £255,000This spacious 1 bedroom apartment offers a large, bright living room and an open plan, fully fitted kitchen with quality appliances. With wooden flooring throughout, a designer bathroom, air-conditioning and electric blinds, it also benefits from an allocated parking space in a secure garage, an indoor lap pool and access to a children’s play area. Located in the well known South District, this area is popular with families.

Ref 289: Ocean Village £399,999A bright 3 bedroom, 2 bathroom apartment in the Royal Ocean Plaza development. The property benefits from a corner position, giving plenty of natural light and a new fully fitted kitchen has recently been installed. Close to the marina amenities and within walking distance of the main street shopping area. The development enjoys resort style pools and exotic gardens.

A fabulous, 3 bedroom, spacious penthouse apartment boasting panoramic sea views. It has been refurbished to a very high standard and feels light and airy throughout. It benefits from a fully fitted kitchen/breakfast room with integrated appliances and a separate utility room. The generous sized master bedroom with en-suite and the living/dining room both have superb views and lead out to the terrace. The property also offers a family bathroom and boarded attics with storage. Previous planning permission was granted to build another floor and there are two private parking spaces.

£545,000Ref 466: Gardiner’s Road3 bed / 2 bath /sea views


Gibraltar Sales

This beautiful detached 3 bedroom, 2 bathroom family home is located in the old town of Gibraltar. It offers spacious accommodation throughout and includes a private lock up garage and patio. Built in the 1900’s the property has been refurbished to a high standard, whilst keeping many of its original features. It also boasts a roof top terrace offering views over the old town.

£1,260,000Ref 93: Prince Edward’s Road3 bed / 2 bath / roof top terrace / views


Gibraltar Sales

This beautiful detached 3 bedroom, 2 bathroom family home is located in the old town of Gibraltar. It offers spacious accommodation throughout and includes a private lock up garage and patio. Built in the 1900’s the property has been refurbished to a high standard, whilst keeping many of its original features. It also boasts a roof top terrace offering views over the old town.

£1,260,000Ref 93: Prince Edward’s Road3 bed / 2 bath / roof top terrace / views


Gibraltar Sales

This superb 2 bedroom apartment is located in the prestigious Atlantic Suites development, which benefits from high specification fittings throughout and air-conditioning. The property has a designer kitchen with top of the range appliances and the master bedroom has fitted wardrobes and a luxury en-suite bathroom. Leading off the living room is a terrace with fabulous sea views. There is also a private parking space within the secure underground garage and 24 hour security. For an additional fee residents can use the communal swimming pool, gym and health spa.

£615,000Ref 511: Atlantic Suites2 bed / 2 bath / views / swimming pool


Gibraltar Sales

A beautifully presented 3/4 bedroom mews home. Set in the original colonial style building with a gated communal area. Arranged over four floors it benefits from magnificent views over the Bay of Gibraltar. Fully furnished and air-conditioned, the property comprises: 3 bedrooms, 2 en-suite, a family bathroom, a study/bedroom 4, a bright living room, a spacious fully fitted kitchen diner with separate utility room and a cloakroom. The property boasts balconies to the front and rear, a westerly facing decked terrace and a private jacuzzi plunge pool. Secure communal parking is also included.

£895,000Ref 404: Lord Napier Mews4 bed / 4 bath / patio garden / jacuzzi pool


Gibraltar Sales

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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 .

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

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INTERNATIONAL PROPERTY COLLECTIONGIBRALTAR & SOTOGRANDE EDITIONSPRING 2013

Gibraltar’sleadingproperty agent20 Ocean Village PromenadeOcean VillageGibraltar

T: + 350 200 40041 [email protected]

chesterton.gi

Gibraltar Sales

£675,000Ref 506: Tradewinds3 bed / 2 bath / views / swimming pool


Built by Taylor Woodrow, Tradewinds offers a very high standard of finish throughout. This 3 bedroom apartment offers spacious accommodation, including a fabulous master bedroom with fitted wardrobes and an en-suite bathroom. The property further comprises: a fully fitted luxury kitchen, designer bathrooms with underfloor heating, a bright open plan living room and dining room with a private terrace and views overlooking the communal pool. Two of the bedrooms lead out onto an additional private terrace. The property is fully air-conditioned and includes a parking space.

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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.

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Gibraltar Sales

£545,000Ref 467: Genista House3 bed / 2 bath / hot tub / sea views


This spacious apartment has been finished to a very high standard and offers dual air-conditioning with wooden flooring. The master bedroom enjoys access to a private patio. The open plan kitchen has been fitted with top of the range appliances and the bright living area leads onto a private terrace with a hot tub. This apartment comes with 2 allocated parking spaces in a secured underground garage and access to gym facilities.

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, swimming pool, private gardens and private indoor parking. It is located within walking distance of the town centre.

Gibraltar Lettings

£2,000 pcmRef 582: Ocean Village2 bed / 2 bath / marina views / swimming pool


This Ocean Village duplex boasts 2 lovely bright bedrooms with fitted wardrobes and 2 en-suite bathrooms. There is an airy living room/dining room and a fully fitted luxury kitchen with integrated designer appliances. It also benefits from an integral garage, private terraces with a hot tub off and a delightful garden. Further features include double glazing and underfloor heating in the bathrooms. Residents also enjoy 24 hour security, access to the vast communal pool area and roof top gardens.

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.

This beautiful 2 bedroom, 2 bathroom apartment is situated within the popular Kings Wharf development on Queensway. The apartment has stunning views out to sea and beyond and benefits from a lovely terrace to enjoy the evening sun. Amenities include a communal outdoor swimming pool and a communal gym. A private underground parking space is also included.

£2,300 pcmRef 580: Kings Wharf2 bed / 2 bath / sea views / parking


Gibraltar Lettings

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

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 legal or financialservices firm in Gibraltar

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

Register your property with Chesterton

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



Gibraltar Lettings

Apartments required for waiting qualified executive tenants.

If you are looking to make your property available please contact us.

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



Gibraltar Lettings

Apartments required for waiting qualified executive tenants.

If you are looking to make your property available please contact us.

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

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

Cornwall’s Centre, 60 sq m £21,000 per annum rentGround floor office in the town centre which would be highly suitable for a finance or professional tenant seeking some retail presence. Recently refurbished to modern standards with plenty of power and data points. Includes a kitchen and glass partitioned boardroom.

Gibraltar Commercial

Waterport Place, 225 sq m £75,000 per annum rentSuperbly presented office in the newest purpose built office development in Gibraltar. Waterport Place is popular with gaming and finance tenants. Walking distance to Ocean Village, Europort and Town. Efficient well-proportioned space. Available now.

Neptune House, 127 sq m £38,100 per annum Second floor office above Credit Suisse with views to the sports ground and the rock. Open plan space with kitchen, server room and storeroom. Good natural light. Easy walk to the Ocean Village bars and restaurants, Town and the frontier.

Leisure Island, 208 sq m, £89,500 per annum rentRare opportunity to rent an office in Leisure Island, the centre piece of Ocean Village. Wonderful views of the marina and Ocean Village swimming pools. Superbly presented modern office with raised floors for ease of cabling. Easy access to all amenities is another advantage.

Gibraltar Investment Opportunities

George’s Lane £995,000This four story freehold property is located just off Main Street. The ground floor hosts an independent commercial unit of around 34 sq m. The remaining 248 sq m of residential living space comprises: 3/4 bedrooms, 1/2 reception rooms, a dining room, a kitchen, a utility room, a bathroom, a shower room, a further separate toilet and a 19 sq m terrace. The property is in need of refurbishment.

Town Centre £3,100,000Mixed use development fully let with annual rent in excess of £200,000 close to the town centre. Net yield of 6.5% achievable. Development is managed by a third party and would suit a passive investor. Leasehold with some 125 years remaining.

Waterport Place £945,000Waterport Place is a modern purpose built office block completed in 2008. Tenants include gaming, insurance and family offices. Each floor is divided into smaller units with multi-ownership. We have an office of 222 square metres, immaculately presented, for sale at £945,000 with a net yield potential of over 7%.

New Harbours £660,000Rare opportunity to purchase the 135 year lease of one of the units in this development. Just over 200 square metres of space available with many potential uses: warehouse, office, storage, light industrial. Easy access, secure, two parking spaces. Own toilets and kitchen. Good investment potential.

This spacious penthouse apartment comprises: an entrance hall, 4 en-suite bedrooms, a large living/dining room with fireplace, a fully fitted kitchen and a utility room. The lovely mature and well kept gardens can be appreciated from the very large terrace. The property also benefits from 2 car parking spaces and an ample storeroom. The Valgrande urbanization offers 24 hour security and marvellous gardens and swimming pools.

€850,000 Valgrande, Sotogrande4 bed / 4 bath / communal pool


Sotogrande Sales

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An impressive villa located in Sotogrande Bajo, which is very close to the beach, the beach club and the Real Club de Golf. Accommodation comprises: a very large drawing room, a dining room, a spacious kitchen and utility room, a bodega, a snug/TV room, five en-suite bedrooms, guest cloakroom, plus staff quarters. The property also benefits from a very mature Italian garden with a large pool area.

€4,500,000 Sotogrande Costa5 bed / 6 bath / swimming pool


Sotogrande Sales

Sotogrande Sales

€1,750,000 Sotogrande Alto4 bed / 4 bath / swimming pool


A beautifully designed villa located in a quiet zone of Sotogrande Alto. This south facing property benefits from stunning views over the 4th hole of the San Roque new golf course. Accommodation comprises: a large drawing room, a TV room, a dining room, a kitchen and utility room, a guest cloakroom, 4 bedrooms and bathrooms and a large covered terrace in front of the living, dining and kitchen area.

A very rare chance to purchase almost 8,000 sq m (two acres), of the best real estate in the ‘Kings and Queens’ area of Sotogrande. Only a small number of plots in this area have sea views and this is one of the best available. In addition the plot adjoins a wooded green zone. The villa itself is one of the first built in Sotogrande and is therefore in need of restoration.

€2,600,000 Sotogrande5 bed / 5 bath / pool


Sotogrande Sales

Boasting some of the best views in the marina, this is an ideal property for boat lovers. This very well presented penthouse apartment consists of a sitting/dining room, a modern fully fitted kitchen and 2 bedrooms with individual bathrooms. In addition there is a garage space and a storage room. The apartment has a spacious 30 sq m terrace with all day sun and views to Gibraltar.

€590,000 Sotogrande Marina2 bed / 2 bath / views


Sotogrande Sales

A wonderful 4 bedroom townhouse located in the heart of Sotogrande Marina, with fantastic views of the waterway and across to the port. Very few of these exceptional properties come on the market. The property benefits from 2 parking spaces, a storage room, a private swimming pool and an optional 15 m berth at the foot of the property (the berth is not included in the asking price, but is offered at an additional 100,000€).

€1,195,000 Sotogrande Marina4 bed / 4 bath / swimming pool


Sotogrande Sales

An immaculate double fronted 4 bedroom newly built house, situated in this private cul-de-sac mews in the heart of Belgravia. It is only a short walk from the international amenities of Sloane Square, Sloane Street, Knightsbridge and Hyde Park. This is a freehold property.

£14,750,000Chesham Mews, Belgravia SW1X4 bed / 5 bath / 3 receptions


London Sales

A unique opportunity to purchase this 3 bedroom duplex penthouse, in a beautiful warehouse conversion. Offering in excess of 200 sq m, with an 85 sq m dual aspect reception. The property boasts a stunning wraparound terrace, perfect for alfresco dining and entertaining, with breathtaking 360 degree panoramic views of Tower Bridge, St Pauls Cathedral and the City of London.

£2,500,000 Angel Wharf, SE163 bed / 2 bath / views


London Sales

London Sales

£3,750,000 Parsons Green, SW66 bed / 4 bath / 2 receptions


An outstanding and contemporary refurbishment of a beautiful 6 double bedroom, 4 bathroom period family house. The superbly presented garden sits alongside the stylish Martin Moore kitchen. Located in a very desirable road in Parsons Green, the property boasts approximately 3,242 sq ft of space. This is a freehold property.

A custom designed, 6 bedroom, 2 story luxury villa, located in the world class gated golf community of Royal Westmoreland. This community benefits from full time security and a fantastic selection of facilities. The elegant property is tastefully furnished with a combination of marble, granite, and coral surfaces. It has been designed to offer the very best of Caribbean living from an elevated position, with views of the Caribbean Sea just beyond the 11th fairway.

$4,950,000St James, Barbados6 bed / 80ft swimming pool / jacuzzi / double car port garage


International Sales

A custom designed, 6 bedroom, 2 story luxury villa, located in the world class gated golf community of Royal Westmoreland. This community benefits from full time security and a fantastic selection of facilities. The elegant property is tastefully furnished with a combination of marble, granite, and coral surfaces. It has been designed to offer the very best of Caribbean living from an elevated position, with views of the Caribbean Sea just beyond the 11th fairway.

$4,950,000St James, Barbados6 bed / 80ft swimming pool / jacuzzi / double car port garage


International Sales

A beautiful chalet, built with high quality materials, including traditional reclaimed wood, stone and roof slate. This property is set in a 467 sq m plot and is surrounded by a magnificent garden with a pond and a fountain. The chalet offers breathtaking views and plenty of sunshine. In winter, the free shuttle bus to the ski lifts stops 10 m from the chalet and the sports centre is just 2 minutes away.

CHF 4,235,000Verbier, Switzerland 3 bed / 2 bath / views


International Sales

A large and tastefully restored farmhouse with 5 bedrooms, 5 bathrooms and 2 reception rooms. Benefiting from striking views in the heart of the Marche countryside, this luxurious house combines an elegant finish with the sanctuary of an immensely peaceful setting.

€1,900,000Marche, Italy5 bed / 5 bath / 2 receptions / views


International Sales

A large and tastefully restored farmhouse with 5 bedrooms, 5 bathrooms and 2 reception rooms. Benefiting from striking views in the heart of the Marche countryside, this luxurious house combines an elegant finish with the sanctuary of an immensely peaceful setting.

€1,900,000Marche, Italy5 bed / 5 bath / 2 receptions / views


International Sales

A spacious 5 bedroom, 5 bathroom villa spread over 2 floors, with breathtaking views over the Bay of Cannes. There is a private swimming pool and the property benefits from 380 sq m of living space within 2,000 sq m of grounds.

€2,700,000Bay of Cannes, France5 bed / 5 bath / views


International Sales

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Personal Income TaxIndividuals can opt to be taxed under one of two systems, whichever is most advantageous.

(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 to £1M 10%Over £1M 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%.

(ii) Allowances Based System (ABS)Tax is calculated on net taxable income, after being reduced by allowances and deductibles. The net income is then taxed at the following rates*:First £4,000 15%Next £12,000 24%Over £16,000 40%* Individuals earning £10,000 or less pay no tax. Tapering relief is available between £10,001 and £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 and subject to the 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 tax of approximately £29,000, 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 approximately £30,000). A minimum salary of £100,000 is required.

QROPSIt is possible to transfer a UK pension to Gibraltar under QROPS rules. A tax free lump sum of 30% is available and with income drawdowns subject to income tax at a flat rate of 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 balanceA regime has been proposed for first and second time buyers under which no stamp duty would be due on purchases of up to £250,000.

Company Income Tax10% standard rate. Tax is charged on income which is “accrued in or derived from” Gibraltar.There are no withholding taxes on the payment of interest, royalties and dividends. However, interest paid between connected companies is subject to tax at 10% where the recipient is a Gibraltar company and the amount is £100,000 or more p/a.

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 2014.

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

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