international property collection gibraltar & sotogrande edition spring 2013

INTERNATIONAL PROPERTY COLLECTIONGIBRALTAR & SOTOGRANDE EDITIONSPRING 2013

T: + 350 200 400 41 F: + 350 200 440 11

[email protected] chesterton.gi

Chesterton20 Ocean Village PromenadeOcean VillageGibraltar

Gibraltar Lettings

Apartments required for qualified executive tenants.

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

Welcome to the International Property CollectionGibraltar & Sotogrande Edition, Spring 2013A selection of prestigious properties from Chesterton

We welcome you to the Spring Edition of our Gibraltar property magazine. As well as a fine array of Gibraltar properties, the second half of our magazine showcases some of the properties we have for sale or rent in nearby Sotogrande and Alcaidesa, plus further afield in London, Malta and Mallorca.

We are still encountering a steady influx of companies, their employees and high net worth individuals into Gibraltar. This has put pressure on the availability of residential and commercial property as very little property has been built in the last couple of years.

Our commercial property and office division reported record results in 2012. Few agents have the necessary knowledge of commercial leases and the Landlord & Tenant Act to deliver an added value service to relocating companies. We have exploited this gap in the market and as a result, have been engaged upon some of the larger office relocations in 2012. We also managed the business sale of one of the most well known restaurants on the Rock. We were able to do this as we have the unique blend within Gibraltar of accountancy and property skills required for business sales of this type.

A further service we provide outside of the standard estate agency offering is a bespoke relocation service to Gibraltar and nearby Spain that employers can utilise for their incoming employees. From property to bank accounts, residency to removals, our service becomes an extension of the HR department of many companies, predominantly within the gaming and financial sectors.

The residential lettings market in Gibraltar remains quite a challenge. Having grown our managed portfolio to one of the largest in Gibraltar since our launch in 2008, we now find ourselves short of stock. In many cases we are renting apartments before the previous tenants have left. We continue to attract more landlords, however, we are attracting new tenants faster than we are attracting new landlords, which creates a supply problem. Fortunately, our loyal buy-to-let investor client base is responding with the acquisition of apartments, however, we are always seeking new properties from new landlords.

Residential sales remain steady. The demand for rental properties is tempting the vendor to become a landlord and we see this trend continuing. This is creating upward pressure on prices at the lower end of the property spectrum and we believe this will have a ripple effect up the value curve slowly but surely. Various statistics released in the UK in the first months of this year have all pointed to the end of price falls there and the possible onset of a sustained period of annual property price increases. Hindsight may suggest that in the UK, now was the time to buy and that may be true for Gibraltar as well.

We have a strong team of individuals at Chesterton, all of whom have many years’ experience in either the UK and/or Gibraltar property markets. This unique combination of talent, local knowledge and our worldwide links around the Chesterton global marketplace, position us at the forefront of the Gibraltar international property market. We look forward to welcoming you and assisting you.

Mike Nicholls BSc FCA, Managing Director

Back cover courtesy of: ALCAIDESA LINKS GOLF RESORTAvda. Pablo Cerezo s/n Alcaidesa 11360 San Roque, CádizTEL: +34 956 79 10 40 EMAIL: [email protected] www.alcaidesa.com

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

Welcome to the International Property CollectionGibraltar & Sotogrande Edition, Spring 2013A selection of prestigious properties from Chesterton

We welcome you to the Spring Edition of our Gibraltar property magazine. As well as a fine array of Gibraltar properties, the second half of our magazine showcases some of the properties we have for sale or rent in nearby Sotogrande and Alcaidesa, plus further afield in London, Malta and Mallorca.

We are still encountering a steady influx of companies, their employees and high net worth individuals into Gibraltar. This has put pressure on the availability of residential and commercial property as very little property has been built in the last couple of years.

Our commercial property and office division reported record results in 2012. Few agents have the necessary knowledge of commercial leases and the Landlord & Tenant Act to deliver an added value service to relocating companies. We have exploited this gap in the market and as a result, have been engaged upon some of the larger office relocations in 2012. We also managed the business sale of one of the most well known restaurants on the Rock. We were able to do this as we have the unique blend within Gibraltar of accountancy and property skills required for business sales of this type.

A further service we provide outside of the standard estate agency offering is a bespoke relocation service to Gibraltar and nearby Spain that employers can utilise for their incoming employees. From property to bank accounts, residency to removals, our service becomes an extension of the HR department of many companies, predominantly within the gaming and financial sectors.

The residential lettings market in Gibraltar remains quite a challenge. Having grown our managed portfolio to one of the largest in Gibraltar since our launch in 2008, we now find ourselves short of stock. In many cases we are renting apartments before the previous tenants have left. We continue to attract more landlords, however, we are attracting new tenants faster than we are attracting new landlords, which creates a supply problem. Fortunately, our loyal buy-to-let investor client base is responding with the acquisition of apartments, however, we are always seeking new properties from new landlords.

Residential sales remain steady. The demand for rental properties is tempting the vendor to become a landlord and we see this trend continuing. This is creating upward pressure on prices at the lower end of the property spectrum and we believe this will have a ripple effect up the value curve slowly but surely. Various statistics released in the UK in the first months of this year have all pointed to the end of price falls there and the possible onset of a sustained period of annual property price increases. Hindsight may suggest that in the UK, now was the time to buy and that may be true for Gibraltar as well.

We have a strong team of individuals at Chesterton, all of whom have many years’ experience in either the UK and/or Gibraltar property markets. This unique combination of talent, local knowledge and our worldwide links around the Chesterton global marketplace, position us at the forefront of the Gibraltar international property market. We look forward to welcoming you and assisting you.

Mike Nicholls BSc FCA, Managing Director

Back cover courtesy of: ALCAIDESA LINKS GOLF RESORTAvda. Pablo Cerezo s/n Alcaidesa 11360 San Roque, CádizTEL: +34 956 79 10 40 EMAIL: [email protected] www.alcaidesa.com

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

This unique property has been tastefully restored and decorated. The bright and spacious bedrooms all offer amazing views and the master bedroom benefits from an en-suite bathroom. The large lounge boasts a very unusual historical architectural feature, which gives this beautiful home fantastic character. The extensive outside area features a mature landscaped garden and several outbuildings. Located within the Nature Reserve with 800 sq m of outside space, it offers spectacular views in a tranquil setting.

£2,950,000Ref 150: Engineer’s Road4 bed / 3 bath / landscaped gardens / spectacular views

+ 350 200 400 [email protected]

Gibraltar Sales

Gibraltar Sales

£675,000Ref 11: Europa Mews4 bed / 3 bath / garage / garden / community pool


This semi-detached townhouse is an ideal family home within an exclusive development, offering fantastic views across the bay to North Africa and Spain. The property has been completely refurbished to a very high standard and boasts good sized bedrooms with fitted wardrobes, a fully fitted kitchen and a spacious living area with a working fireplace. There is a covered patio and private garden which provides access to the communal pool. The property also includes a lock-up garage, its own private parking space plus extra parking for visitors.

This beautifully presented penthouse apartment offers a large bright living room, dining area and a separate fully fitted kitchen with top quality appliances. The fitted furniture is bespoke and has been designed exclusively for this apartment. The master bedroom is luxuriously carpeted and the main living areas are fitted with wooden flooring. The property boasts designer bathrooms, air-conditioning and 2 large terraces which can be accessed from two of the bedrooms as well as the living area, offering stunning panoramic views of Ocean Village marina and beyond.

£990,000


Gibraltar Sales

Ref 133: Portland House4 bed / 3 bath / communal pool

Gibraltar Sales

£1,499,990Ref 91: Mount Road5 bed / 2 bath / garden / original features / parking


This colonial style property retains many of its original features. The lounge diner leads out onto a terrace with panoramic views of Gibraltar. The master bedroom gives access to a private terrace. The outside space features mature terraced landscape gardens, comprising of various fruit trees, wisteria, and a BBQ area with plenty of room for an outside kitchen. It has a cobbled footpath leading onto a lawn which has great potential to add a pool. The property also boasts a self-contained area with 1 bedroom, shower room and living room, a garage and additional parking for 3 cars.

This spacious apartment offers a large bright living room with an open plan, fully fitted kitchen with top quality appliances. With wooden flooring throughout, designer bathrooms, air-conditioning and electric blinds, it also boasts a garden, allocated parking in a secure garage and a children’s play area. This new and extremely attractive development located in the South District is very popular with families.

£575,000Ref 171: The Anchorage4 bed / 2 bath / indoor pool / gymnasium


Gibraltar Sales

This property boasts a spacious living area opening onto a beach facing, private walled patio with swimming pool. Accommodation includes a fitted kitchen with appliances and an open plan ground floor area which may be divided with glazed folding doors. There are 3 bathrooms and 3 bedrooms, all with built in wardrobes and 2 with covered balconies. All external areas including the pool have lighting.

£685,000Ref 290: Little Genoa3 bed / 3 bath / swimming pool / spectacular views


Gibraltar Sales

Buena Vista Park is a prestigious off-plan property development situated in the South District of Gibraltar. This is a unique opportunity for early purchasers to participate in the design and customisation of their own townhouse or villa. With stunning uninterrupted views of the Strait of Gibraltar, these secure gated homes are sure to become a highly sought after address. Construction is underway with first completions expected late 2013. Prices start from £955,000 and deposits from just 20%.

from £955,000


Gibraltar Sales

Ref 148 & 149: Buena Vista Park3 and 4 bedroom villas and townhouses / spectacular views / gated entrance

Contact Ian Le Breton or Ravi Viroomal

Sovereign Trust (Gibraltar) Limited. P.O. Box 564, 143 Main Street, Gibraltar

Tel: +350 200 76173 [email protected]

www.SovereignGroup.comIntelligent Offshore Planning since 1987 _ Company & Trust Services _ Asset Management _ Pensions _ Immigration _ Residency Applications

Sovereign Trust (Gibraltar) Limited – Licensed by the Financial Services Commission Licence No FSC 00143B Feb 2012

THE ART OF FORWARD PLANNINGPurchasing real estate can have significant tax and succession implications. Holding your property through the right structure can take care of these risks. The Sovereign Group combines worldwide property ownership and tax planning expertise with a global office network. We also provide the residency, pension transfer and insurance services needed to complete your move. Talk to Sovereign today.

This modern apartment in Grand Ocean Plaza offers quality fittings and a high level of finish throughout. It boasts a luxury fitted kitchen with top of the range appliances, designer bathrooms with underfloor heating and is fully air-conditioned. The bright living area leads onto a spacious terrace with fantastic views. The property includes an allocated parking bay and residents enjoy 24 hour security and access to the extensive pool area.

£557,000Ref 43: Grand Ocean Plaza, Ocean Village3 bed / 2 bath / parking / views / pool complex


Gibraltar Sales

This spectacular 5 bedroom colonial town house in Willis Passage has been recently renovated and refurbished. It benefits from a spacious but enclosed private courtyard on the ground floor and roof terrace on the first floor with stunning panoramic views from the Moorish Castle across the Bay of Gibraltar to Spain and all the way round to the African coast. Set over 2 levels with beautiful wooden flooring and ceramic tiling throughout. The roof beams have been exposed to give an airy, atrium feel and the colour palette kept light and bright, with lots of natural light in every room.

£570,000Ref 262: Willis Passage5 bed / 4 bath / private courtyard / spectacular views


Gibraltar Sales

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.

The number of jobs in Gibraltar grows year on year (up some 50% in the last ten years) and currently exceeds 20,000. Some 28% of employees are of British or other EU extraction (excluding Spain). It is therefore reasonable to suggest that at some stage, over 5,000 employees have relocated from their homeland to Gibraltar or nearby Spain to undertake employment in Gibraltar.

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

Gibraltar Sales

£1,250,000Ref 218: Rock Gardens3 bed / 3 bath / penthouse / sea views


Stunning penthouse property located at the gateway to the tranquil and prestigious South District. Interior designed throughout, this magnificent 171 sq m apartment is furnished to an extremely high standard. An incredible 70 sq m terrace can be accessed from the lounge, kitchen and second bedroom. The spacious lounge features floor to ceiling glazing which provides panoramic views to the Morocco coast line and Bay of Gibraltar.

Gibraltar Sales

Ref 25: Eurotowers £545,000This 3 bedroom apartment is located on a high floor of this central development, with great views. Accommodation includes, a fully fitted kitchen, with an open plan aspect onto the dining room, 2 bathrooms, 2 reception rooms, a home office and an optional 4th bedroom. There are fitted wardrobes in the bedrooms. Residentsbenefit from 24 hr security, a roof top pool and squash courts. Itis being sold partly furnished and includes an allocated parking bay.

Ref 293: Town Area £155,000A bright and spacious colonial style property located in the Main Street area. This delightful one bedroom property benefits from wooden furniture throughout, high colonial style ornate ceilings and plenty of storage. Ideal for a couple or single person and a very good buy to let proposition.

Ref 57: Queensway Quay £399,000Located within the popular Queensway Quay marina this 2 bedroom apartment boasts spacious accommodation throughout and has been refurbished with new ceramic flooring, a luxury kitchen and designer bathrooms. The bright and airy living area leads onto a private balcony, the master bedroom has an en-suite bathroom and the property is fully air conditioned. Sold partly furnished and includes an allocated parking bay in the secure garage.

Ref 102: South District £537,000This spacious 3 bedroom apartment has been finished to a high standard and offers wooden flooring, air conditioning, fitted ward-robes and a fully fitted kitchen with top of the range appliances. The bright living area leads onto a private terrace that boasts great views and a hot tub. This exclusive development is located in the sought after South District of Gibraltar.

Gibraltar Sales

£375,000Ref 88: Royal Ocean Plaza3 bed / 2 bath / swimming pools


This modern rock facing apartment in Royal Ocean Plaza offers quality fittings and a high level of finish throughout. It boasts a luxury fitted kitchen with top of the range appliances, designer bathrooms with underfloor heating and is fully air-conditioned. The property includes a private balcony off the spacious living area, an allocated parking bay and residents enjoy 24 hour security and access to the extensive pool area

Corporate ServicesRelocation, Short Lets, Offices, Property Search & Selection

Chesterton offers a bespoke service to introduce your company and employees to Gibraltar and nearby Spain. Regardless of whether you need to rent an apartment for a few nights or an office for a few years, our team of experts take away the stress of relocating and searching for new property. Our knowledge and impeccable customer service are at your disposal.

Want to save time on relocation?

T: + 350 200 400 41 F: + 350 200 440 11



Chesterton Corporate Services

A unique opportunity to acquire this beautifully presented townhouse, with spectacular views overlooking Catalan Beach and the Mediterranean. It boasts solid oak flooring throughout and top of the range appliances in the kitchen. The property has been fitted with a complete integrated sound system and the latest technology in home automation, including complete control of 27 functions including the under floor heating, pool lighting, and TV’s. The private infinity pool is surrounded by teak decking and is perfect for outdoor entertaining.

£1,500,000


Gibraltar Sales

Ref 146: Little Genoa3 bed / 3 bath / fantastic views / infinity pool / parking

Gibraltar Sales

Ref 158: Filomena House £245,000Completed in 2010, Filomena House is Taylor Woodrow’s last development in Gibraltar. Located on the 4th floor this 2 bedroomapartment is superbly furnished and fully equipped. The apartmentboasts wooden laminate flooring throughout, air conditioning andsecure underground parking. The two spacious bedrooms come complete with matching furniture, along with a separate cloakroomand plenty of storage.

Ref 111: South District £1,895,000Once the home of the Surgeon General in Gibraltar, this 4 bedroom colonial property has been extensively refurbished throughout, whilst keeping its character and many of its original features. It offers spacious accommodation, lots of storage and plenty of outside space, including gardens, private pool and BBQarea. There is also a lock up garage, shed and gym.

Ref 114: Marina Bay £320,000A centrally located, spacious and bright 2 bedroom apartment with private sun balcony, providing fantastic views of the marina. Recently redecorated throughout, it boasts a new fitted kitchen with all essential appliances, marble flooring in the main areas and wooden laminate flooring in the bedrooms. The bedrooms have fitted wardrobes and en-suite access to a designer bathroom.Communal parking and pool are included with this apartment.

Ref 49: South District £950,000This great 3 bedroom family home is located in a very quiet area ofthe popular south district. Providing spacious accommodation andfinished to a very high standard throughout, this property provides spectacular views from a vast fully fitted family kitchen, which sitsadjacent to the lounge area. There is air-conditioning, an integralgarage and it is being sold partly furnished.

Gibraltar Sales

This beautifully presented family home of 200 sq m is two apartments converted into one. It provides spacious and bright living accommodation, including a private sun balcony with fantastic views of the marina. The property has been refurbished throughout and boasts wooden flooring and a fitted kitchen with top of the range appliances. The bedrooms have bespoke fitted wardrobes with the master bedroom offering en-suite facilities. The fourth bedroom is currently being used as an office. Marina Bay offers communal parking, a pool and is conveniently located near to the town centre.

£625,000Ref 41: Marina Bay4 bed / 3 bath / parking / communal pool


This modern apartment in Grand Ocean Plaza offers quality fittings and a high level of finish throughout. It boasts a luxury fitted kitchen with top of the range appliances, designer bathrooms with under-floor heating and is fully air-conditioned. The bright living area leads onto a spacious terrace with fantastic views. The property includes an allocated parking bay and residents enjoy 24 hour security and access to the extensive pool area.



Gibraltar Sales

Issued by SG Hambros Bank (Gibraltar) Limited, which is regulated and authorised by the Financial Services Commission, Gibraltar. © GettyImages - FRED & FARID

www.pr ivatebanking.societegenera le.com/hambros

SOCIETE GENERALE PRIVATE BANKING HAMBROS

Your pr ivate banker works c lose ly wi th a team of dedicated industry experts developing appropr iate solut ions to help you manage your weal th and meet your personal object ives.

W O R K I N G T O W A R D S

O N E G O A L : Y O U R S

SG_CHESTERTON REAL ESTATE MAG_220X222 HAMBROS PRIV_VOILIER_GB_V3.indd 1 22/02/13 17:01 HD

Gibraltar Sales

Ref 74: Kings Wharf £710,000Kings Wharf is stylish and centrally located within a highly desirableresidential neighbourhood. This 4 bedroom, 2 bathroom apartment has hardwood flooring, fitted wardrobes, air-conditioning, a designer kitchen and bathrooms, as well as a private balcony with stunning views of the bay. There is a state of the art fitness centre, lap and leisure pools, jacuzzi and private gardens. Also included is an allocated parking space.

Ref 181: Main Street £695,000Located in the heart of town this 4 bedroom, 2 bathroom apartment has lots of character, high ceilings, wood flooring, working fireplaces and plenty of built in storage. There is a large family kitchen with breakfast area. The living space is bright and airy and boasts a separate TV room/study which could be used as a 5th bedroom. Included with the property is a private terrace within a larger communal area, with access to a lock up store room.

Ref 129: Sir Herbert Miles Road £695,000This unique 4 bedroom family house has superbly presented accommodation distributed over four floors. The ground floor comprises of a dining room and kitchen with a balcony. The living room is on the first floor along with bedroom 3 and the master bedroom is located on the top floor along with bedroom 2. Bedroom 4/study is located on the lower ground floor. A separate garage for one car is located nearby.

Ref 131: Tradewinds £675,000A great choice of restaurants and bars surround this marina located development. This 3 bedroom, 2 bathroom apartment boasts a bright and spacious living area leading onto a private balcony and a fully fitted kitchen with top quality appliances. There is air-conditioning, wooden flooring throughout and fitted wardrobes in the bedrooms. It is sold with an allocated parking bay in a secure underground garage and access to the communal pool.

This modern apartment in Grand Ocean Plaza offers quality fittings and a high level of finish throughout. It boasts a luxury fitted kitchen with top of the range appliances, designer bathrooms with underfloor heating and is fully air-conditioned. The bright living area leads onto a spacious terrace with fantastic views. The property includes an allocated parking bay and residents enjoy 24 hour security and access to the extensive pool area.



Gibraltar Sales

Gibraltar Sales

Ref 210: Ordnance Wharf £459,000A spacious apartment in the prestigious Ordnance Wharf development overlooking the Queensway Quay marina. This apartment is air-conditioned and has a modern bright living area and kitchen leading onto a large 15 sq m terrace. There are two double bedrooms one of which is the master, with en-suite, a dressing area and double wardrobes. Facilities include underground parking, communal swimming pool, children’s play park and fitness centre.

Ref 15: Cliftons £375,000A spacious 2 bedroom apartment in a small yet exclusive development completed by Taylor Woodrow in 2007. This property has a bright living room, leading onto a private balcony with stunning sea views. The property also benefits from a communal pool and gym, and comes with a parking space.

Ref 283: Royal Ocean Plaza £350,000This modern 2 bedroom apartment in Royal Ocean Plaza offers quality fittings and a high standard of finish throughout. It boasts a luxury fitted kitchen with top of the range appliances, a designer bathroom with underfloor heating and is fully air-conditioned. The bright living area leads onto a terrace which enjoys views of the rock. The property includes an allocated parking bay, 24 hr security and access to the extensive pool area.

Ref 278: The Sails £695,000This beautifully decorated 2 bedroom penthouse apartment offersspacious accommodation throughout and a high level of finish.The spacious living/dining area boasts an open plan luxury kitchenand access to a large private terrace with views of the quiet Queensway Quay marina. The master bedroom offers plenty of storage and access to another small terrace. The property is beingsold partly furnished.

This duplex penthouse apartment in Majestic Ocean Plaza offers quality fittings and a high level of finish throughout. It boasts a luxury fitted kitchen with top of the range appliances, designer bathrooms with underfloor heating and is fully air-conditioned. The bright living area and the upstairs bedrooms all have access to spacious terraces, with fantastic views and a hot tub. The apartment includes an allocated parking bay and residents enjoy 24 hour security. Access to the prestigious pool area is included with this property.

£895,000Ref 35: Majestic Ocean Plaza, Ocean Village2 bed / 2 bath / parking / views / pool complex


Gibraltar Sales

This exclusive penthouse apartment has been interior designed and fitted to the highest standard. The spacious bedrooms have fitted wardrobes and access to private terraces. The apartment is air-conditioned throughout and the bright and airy living room offers a designated dining area and a luxury open plan kitchen. There is also a large private terrace to enjoy the great marina views. The property is being sold fully furnished and includes 2 private parking bays in the secure underground garage.

£1,950,000Ref 54: Tradewinds4 bed / 3 bath / 2 parking spaces / communal pool


Gibraltar Sales

This is a rare opportunity to acquire a 5 bedroom apartment in Gibraltar. The property has spectacular sea views from the lounge/diner, kitchen and master bedroom. There are two en-suite bathrooms and a family bathroom, with the master en-suite benefiting from a built in television above the designer bath. Further features include: heating/air-conditioning in each room, two terraces and two underground car parking spaces with an additional space for approximately three mopeds. This tastefully decorated and well maintained property is being sold with most of the furniture included.

£715,000Ref 291: Rosia Plaza5 bed / 3 bath / spectacular views / 240 sq m


Gibraltar Sales

Gibraltar Lettings

Ref 214: Tradewinds £5,500 pcmThis exclusive 4 bedroom penthouse apartment has been interior designed and fitted to the highest level. The spacious bedrooms offer fitted wardrobes and access to private terraces. Its bright andairy living room offers a designated dining area and a luxury open plan kitchen. The property boasts a large private terrace to enjoy the great sea views. It is fully air conditioned and includes two private parking bays in the secure underground garage.

Ref 246: Kings Wharf £3,950 pcmKings Wharf is unique, stylish and centrally located within one of Gibraltar’s most desirable residential neighbourhoods. Boasting 159 sq m of interior designed accommodation, is this 6th floor, 3 bedroom, 2 bathroom apartment with a southwest facing terrace, providing a stunning view of the Bay of Gibraltar. It is offered fully furnished and equipped. Residents benefit from a state of the art fitness centre, lap and leisure pools, jacuzzi and private gardens.

Ref 297: Little Genoa £6,000 pcmA unique opportunity to rent this beautifully presented 3 bedroomtownhouse, with spectacular views overlooking Catalan Beach andthe Mediterranean. It boasts solid oak flooring throughout and top of the range appliances in the kitchen. There is a complete integrated sound system throughout the property and it has been fitted with the latest technology in domotics. The private infinity pool is perfect for outdoor entertaining.

Ref 217: Rock Gardens £3,950 pcmA stunning penthouse property located at the gateway to the tranquil and prestigious south district. Interior designed throughout this magnificent 171 sq m apartment is furnished to an extremely high standard. An incredible 70 sq m terrace can be accessed from thelounge, kitchen and second bedroom. The spacious lounge featuresfloor to ceiling glazing which provides panoramic views to the Morocco coast line and Bay of Gibraltar.

Gibraltar Lettings

£2,500 pcmRef 273: Ordnance Wharf2 bed / 2 bath / swimming pool / gymnasium


This unique 2 bedroom townhouse provides ground and first floor accommodation adjacent to the marina at Queensway Quay. The property boasts a spacious terrace with front line views and is tastefully decorated throughout. Residents also enjoy access to the communal pool and gym.

Located within the popular Majestic Ocean Plaza, this 2 bedroom property has stunning views from Africa round to the marina. The apartment is light and airy and stylishly decorated with modern fixtures and fittings. Residents benefit from the extensive pool area and facilities of Ocean Village.

£1,600 pcmRef 115: Ocean Village2 bed / 1 bath / sea views / swimming pools


Gibraltar Lettings

Gibraltar Lettings

£1,800 pcmRef 299: Ocean Village2 bed / 2 bath / swimming pools / 24hr security


This Ocean Village duplex apartment boasts bright bedrooms with fitted wardrobes and en-suites, an airy living room and a fully fitted luxury kitchen. It also benefits from an integral garage, private terraces with a hot tub off the master bedroom and plenty of storage throughout the property. It is fully air-conditioned and double glazed, with underfloor heating and heated towel rails in the designer bathrooms. Residents also enjoy 24 hour security, access to the vast communal pool area and exclusive roof top gardens.

A nicely presented 2 bedroom apartment, located on the second floor and furnished to a high standard. The apartment is air-conditioned throughout and has a fully fitted kitchen with all modern appliances. There is a private sun balcony accessed via the lounge. The property benefits from being close to local beaches and also has lift access.

£950 pcmRef 298: Wellington Court2 bed / 1 bath / balcony / fully furnished


Gibraltar Lettings

Gibraltar Commercial

Ocean Village, 125 sq m £30,000 per annum rent70 sq m of internal restaurant/bar premises and 55 sq m of terracespace within Ocean Village Marina. The pre-existing premises hasbeen cut into two parts and this part is now available for rent. This west facing location within the marina, creates a unique ambiance for customers particularly when the sun sets.

Marina Bay, 147 sq m £46,200 per annum rentThis open plan first floor office has wonderful views of Marina Bay. The office has its own sun terrace that both clients and staff could enjoy. The premises is air-conditioned and is ready for immediate occupation. It is within easy walking distance of the border, airport and the town centre.

Irish Town, 100 sq m £40,000 per annum rentA new quality refurbishment of this whole building in Irish Townhas just been completed and the tenants move into the upper floors shortly. The ground floor is now available as a sub-let on a short term basis. The premises are ideally suited for an office or professional retail establishment. There is access to a below ground level store area.

Europort, 268 sq m £79,000 per annum rentEuroport is a very popular office building especially within the gaming and financial services sectors. Availability of space is rare. This office offers ground floor access and can be refitted to suit the tenant. The office is complete with air-conditioning and IT cabling.

· 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:




Cornwall’s Lane, 170 sq m £44,000 per annum rentA newly refurbished self-contained office over two floors in the town centre. There is a glass partitioned boardroom on the first floor. It is conveniently located and has off-street parking for one large or two small cars. Alternatively, there is an option to purchase instead of renting for £575,000.

Ocean Village, 223 sq m £80,000 per annum rentA modern self-contained office space with raised floor, suspendedceiling, air-conditioning throughout and fully cabled. There is alsoan opportunity to rent or buy the furniture from the landlord. The office is conveniently situated next door to a coffee shop, with Ocean Village car park only a few metres away.

Neptune House, 20 sq m £12,000 per annum rentAn office share opportunity in a very well presented professional office. The price includes service charge, rates, utility costs (excluding telephone and internet) and furniture, plus usage of the boardroom, kitchen, shower and toilets. This office is a smart plug and play unit for 3 – 5 people.

International House, 70 sq m £22,000 per annum rentAn office in a purpose built commercial building in the town centre, close to all amenities. The office is air-conditioned, carpeted and has its own small kitchen. There is lift access and communal toilets on each floor. The premises are ready to move into.

international property ColleCtiongibraltar & sotogrande editionSpring 2013

Gibraltar’sleadingcommercial agent20 Ocean Village PromenadeOcean VillageGibraltar

T: + 350 200 400 41 [email protected]

chesterton.gi

Alcaidesa From €50,000 to €130,000 A selection of one or two bedroom apartments including penthouses are available for sale in this very popular urbanisation in Alcaidesa. The urbanisation benefits from a large swimming pool, a children´s pool, a paddle court, a laundry area and a gym.

Alcaidesa €320,000 A superb unfurnished semi-detached property for sale in a popular urbanisation. Offering four bedrooms and three bathrooms, this house sits on a corner plot with a large garden. The urbanisation benefits from a community pool and paddle court.

Alcaidesa €230,000This townhouse is set on four floors in a safe gated community. The property offers 3 bedrooms and 2 bathrooms on the upper floors. On the ground floor is a modern fully fitted kitchen, a large living/dining area and terraces to a mature garden. On the basement level there is a spacious living area and added storage facility. There are community gardens and pool.

Alcaidesa €250,000This semi detached house is located in a much sought after urbanisation in Alcaidesa. It is very well presented with establishedgardens and a community pool. The house has 3 bedrooms, including a master with en-suite, family bathroom, large hall, storage room, fully fitted kitchen and drying area, large living/dining room with open fireplace. There is also a spacious terrace leading onto an established garden. Commutable distance to Gibraltar.

Alcaidesa Sales

Alcaidesa Sales

€250,000Alcaidesa3 bed / 3 bath / study / conservatory


Set in the centre of Alcaidesa with good sea views this family home offers 3 large bedrooms with upper terraces, a study, a fully fitted kitchen and a large living/dining area with an open fireplace. Additionally, there is a fully glazed conservatory opening onto a side and back garden. This house is well presented, fully equipped and is an easy commute to Gibraltar.

Alcaidesa €1,700 pcmA 4 bedroom private villa with swimming pool and large enclosed garden. Accommodation includes: 3 bathrooms, one en-suite, a large living/dining area, and a fully fitted kitchen. The property boasts spacious south facing terraces and a well established garden.

Alcaidesa €350 - €550 pcmA selection of 1 and 2 bedroom apartments and penthouses within this very popular urbanisation. The apartments benefit from stunning views to the sea and Gibraltar. Facilities include a community pool, a paddle court, a laundry and a gym.

Alcaidesa €850 pcmThis 3 bedroom, 3 bathroom townhouse is set on four floors in a safe gated community. The property offers a modern fully fitted kitchen a large living/dining area and terraces to a mature garden.On the basement level there is also a spacious living area and added storage facility. The house is set on a large corner plot with fencedgarden and includes use of the community pool and garden.

Alcaidesa €750 pcmThis 2 bedroom, 2 bathroom townhouse is situated in a small and quiet urbanisation close to the beach. The property offers a large fitted kitchen and utility room, spacious living/dining area, ground floor terrace to garden and an enclosed terrace on the first floor. It also includes garage parking and a community pool and gardens.

Alcaidesa Lettings

Alcaidesa Lettings

€1,100 pcmAlcaidesa4 bed / 3 bath / community pool / south facing garden


This 4 bedroom semi-detached house is set in a very popular urbanisation, with a community pool and paddle court. The house has a fully fitted kitchen and utility room, a downstairs bathroom, a study/4th bedroom and large living/dining area, with terraces leading onto a south facing garden. The first floor boasts terraces to the front and rear of the property, a master bedroom with en-suite, two further good size bedrooms and a family bathroom. The property is light and airy with wonderful views to the sea and Gibraltar. Gibraltar is an easy commute from this location.

Sotogrande Alto €4,000,000A newly built 6 bedroom property on La Reserva golf course. Features include: a spacious living/dining room, a very large kitchen and a library/office. There is a separate staff studio on the lower ground floor, as well as a laundry area, cinema room and machine room.

Sotogrande Alto €1,950,000This stunning villa is in the privileged Altos de Valderrama area of Sotogrande. Southwest orientated and built with the best quality materials. The property has 3 bedrooms and a study which could be converted to a 4th bedroom, a huge drawing/dinning room, lovely terraces, a large double garage and staff quarters.

Sotogrande Alto €2,500,000A fabulous 6 bedroom family house overlooking Valderrama golf course. The accommodation comprises of a living/dining room, a spacious kitchen with dining and family area, a gymnasium, bodega, sauna, a staff/guest suite and a heated pool.

Sotogrande Marina €2,200,000An amazing 4 bedroom townhouse. The property has its own swimming pool, private garden, drawing/dining room, kitchen, study, roof terrace gym, 2 garage spaces and 3 storage rooms plus a 15m berth.

Sotogrande Sales

A lovely villa located in a quiet street in a mature area of Sotogrande. This 4 bedroom, 3 bathroom property would make for a very comfortable family home for either year round living or as a holiday villa. Its southerly aspect allows for day long sunshine, from which to enjoy the private garden and pool. It also boasts a separate double garage, central heating and good security.

€750,000


Sotogrande Sales

Sotogrande Alto4 bed / 3 bath / central heating / double garage / pool

Torreguadiaro €670,000This new 3 bedroom contemporary villa enjoys breathtaking sea views to Sotogrande Port, Gibraltar and Africa. Located a few minutes from the beach and a two minute drive to Sotogrande Port.

Sotogrande Alto €1,350,000A charming 5 bedroom, 4 bathroom family house. Very well furnished kitchen, large drawing room and private garden with a lovely swimming pool. Garage for three cars. Ideal for all year living.

Sotogrande Alto €850,000This top quality and very private apartment is located in the luxurious urbanization of Valgrande. With 4 bedrooms and over 400 sq m of space this apartment is one of the best to be found in Sotogrande.

Sotogrande Coast €585,000A spectacularly located Sotogrande duplex penthouse, offering breathtaking views over the Guadiaro river to Gibraltar and Africa.This 3 bedroom apartment would make a wonderful holiday or weekend apartment. It benefits from a southerly aspect.

Sotogrande Sales

Sotogrande Lettings

€5,500 pcm Sotogrande, La Reserva5 bed / 5 bath / gardens / pool / central heating / sea views


Impressive 5 bedroom villa, offering incredible sea views and located in the most prestigious area of Sotogrande. Features include: extreme privacy, mature gardens, central heating, an exceptionally spacious master suite, marble flooring, fireplace, alarm system, satellite TV connection, secure garage for 5 cars, wifi connections around the house and a storage room/workshop. Price includes a maid service every morning during weekdays and garden/pool maintenance all year round.

International Sales

A magnificent country residence featuring 488 sq m of internal living space spread over two levels.Accommodation includes 5 bedrooms and 3 bathrooms in the main property, with a further 1 bedroom guest house in the grounds. There is a fully fitted kitchen, a spacious reception room with fireplace, a dining room and a study. Outside, the property offers a swimming pool, a covered BBQ area and private gardens accessible via the 600m stoned driveway.

€3,995,000Pollensa, Mallorca6 bed / 4 bath / pool / private gardens


A bright and exceptionally spacious apartment of c. 1200 square feet on the 1st floor of this period conversion. Situated on one of London’s finest squares, with views over it and access to it. The property benefits from traditional high ceilings, a drawing room, a study, 2 double bedrooms, a kitchen, bathroom, balcony and terrace. It is ideally located for all the amenities of Knightsbridge and Chelsea.

£1,950 pwEaton Square, Belgravia, London2 bed / 1 bath / balcony / terrace


London Lettings

An architecturally designed 4 bedroom house in this quiet Knightsbridge location, finished to exacting standards and offering state-of-the-art features including a steam room, spa-jacuzzi, Bang & Olufson audio-visual system, air-conditioning and a roof terrace. Montpelier Mews is quietly but conveniently located, being close to the world renowned shops of Brompton Road and Sloane Street and the recreational facilities of Hyde Park. The property is freehold.

£10,500,000 Montpelier Mews, Knightsbridge, London4 bed / 3 bath / 3 reception rooms / state of the art features


London Sales

Tas Sellum Apartment, Mellieha €1,500 pcm This luxurious corner apartment enjoys uninterrupted sea views and provides an open plan kitchen/dining/living room, 2 large front terraces with outdoor furniture, 3 double bedrooms and 3 bathrooms. The property is air-conditioned throughout and comes with a 2 car garage.

The Village, St Julians €2,200 pcmA very stylish and modern terraced house situated in The Village, St Julians. Superb interior design features and exceptional furnishing make this a unique residence. Accommodation comprises of an open plan kitchen/living/dining room, 3 double bedrooms, 3 bathrooms, a roof terrace and underground parking for 3 cars.

Duplex Penthouse, Madliena €2,800 pcmA luxuriously finished duplex penthouse set in one of the most elite areas on the island. Boasting panoramic country and sea views from both of its terraces, this unique property comprises of an open plan kitchen/living/dining room, a study, large terraces, 3 double bedrooms and 3 bathrooms. Finished and furnished to a high standard, this penthouse comes complete with a 2 car garage and use of the communal pool.

Villa, Wardija €3,200 pcmA unique opportunity to rent one of the most sought after large family houses on the island of Malta. This luxurious villa is set over 3 floors and comprises of 4 bedrooms, 3 bathrooms, a large country style kitchen and a spacious living and dining room. It is situated in a beautiful quiet residential area in Wardija with wonderful views.

Malta Lettings

Fortina, Sliema €3,500,000Towering over Valletta Manoel Island and Sliema this entire high level floor of the Fortina Hotel and Spa is truly a unique residence.Spread over 430 sq m of well-designed space with 270 degree views, this property has 2 sitting rooms, a dining area, an open plankitchen/breakfast room and 3 bedrooms with stunning en-suite bathrooms. Finished to a very high specification, this is probably one of the finest apartments available on the island.

Duplex Penthouse, Valleta €700,000A beautifully finished luxury duplex penthouse in the heart of Valletta, with views of the Palace Square and the Bibliotheca. This property comprises of 2 double bedrooms and 2 bathrooms, an open plan kitchen, a living/dining room and three large terraces.

Character House, Qrendi €435,000This charming 400 year old house is full of character and situated in the quiet village of Qrendi. The property has flagstone floors and original old features. Accommodation comprises of a lounge area leading to the kitchen/breakfast room, a separate dining room and study, 3 bedrooms, 2 bathrooms, a large courtyard and a spa-cious terrace.

Townhouse, Attard €443,000A large, bright and airy townhouse in Attard, just 50 meters from San Anton Presidential Palace and Gardens. Accommodation comprises of 3 double bedrooms, 2 with en-suite, a study, a spacious kitchen with a balcony overlooking the garden, spare toilet, huge living area, dining room, box room and roof area. Features include front and back balconies, high ceilings, original wooden beams and mature garden.

Malta Sales

4

59

1

18

12

2

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 Watergardens

International UK OfficesAustraliaBarbadosFranceGibraltar ItalyMaltaRussiaSingaporeSouth AfricaSpainUnited Arab Emirates

Barnes Battersea Rise Camden and Regents Park Canary Wharf and Docklands Chelsea and South KensingtonChiswickCovent Garden and West EndEast SheenFulham Munster RoadFulham New Kings RoadFulham RoadHampsteadHyde Park and MaryleboneIslingtonKensington and Notting HillKentish TownKewKnightsbridge and BelgraviaLittle VeniceMayfair and St JamesPimlicoPutneySt John´s WoodTower Bridge

BlandfordBridportCanterburyCheltenhamChichesterChippenham CirencesterEast Grinstead HerefordHonitonLincolnLudlowMarlboroughNorwichNottinghamPetersfield SalisburySevenoaksSherborneSouthamptonStamfordTauntonTenterdenTruroWadhurstYeovil York

London Offices

T: + 350 200 400 41 F: + 350 200 440 11 [email protected] chesterton.gi


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

(i) Allowances Based SystemTax is calculated on net taxable income, after being reduced by allowances and deductibles.

First £4,000* 15%£4,001 to £16,000* 30%Over £16,000 40%

* Individuals earning £9,000 or less pay no tax. Tapering relief available for earnings between £9,000 and £19,500.

A tax credit of £300, or 2% of the resultant tax liability (whichever is greater) is then applied.

Various allowances for self, spouse, family and dependants may be claimed.

Key deductible items include:

Home purchase: £15,500 (max in total)Mortgage interest: for loans to £350,000Life assurance: subject to conditions Medical insurance: max £1,120Pensions: Lower of 20% of earnings or £35,000

(ii) Gross Income Based SystemTax 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%

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.

Special Tax Status for IndividualsAvailable for applicants satisfying the various 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 £29,200, but subject to a minimum of £22,000.

(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.

Exempt & Non Taxable Income- Investment interest, dividends and royalties

Pensions- Occupational pension income is taxed at 0% for persons aged 60 and over.- Income paid under QROPS taxed at 2.5%.- Tax free lump sum up to 30% under QROPS.

Capital Gains Tax - noneInheritance, Estate & Wealth Taxes - noneValue Added Tax - noneWithholding Taxes - none

Stamp Duty on Real EstatePurchase Price RateTo £200,000 NilFrom £200,001 2.0% on first £250,0005.5% on balance to £350,000 Over £350,000 3.0% on first £350,000 3.5% on balance

Company Income Tax10% standard rate. Tax is charged only on income ”accrued in or derived from” Gibraltar.

Information provided by: Almanac Limited, 11 Governors Street, GibraltarT: +350 200 42250 F: +350 200 42252E: [email protected] www.almanac.gi

Gibraltar Tax Tablesfor the year ending 30 June 2013.

T: + 350 200 400 41 F: + 350 200 440 11



Your professional introduction to GibraltarProperty, tax, relocation

Over 200 years of property experience and over 70 offices worldwide

international property collection gibraltar & sotogrande edition spring 2013

Documents

commercial property

gibraltar property magazine

property skills

little property

property spectrum

property available

new properties

gibraltar of accountancy