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Justin Bautista
(+350) 200 48532
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FREEHOLD BUILDING FOR SALE IN GIBRALTAR
Upper Town | 16 Apartment Investment Building
NP Estates is pleased to present this early 19th century freehold building for sale in Gibraltar's Upper Town, comprising 16 individual apartments with only three currently occupied by tenants.
The building retains a number of original architectural features, including a cantilevered access corridor and central internal patio, while more recent works include upgraded high specification wooden windows. The upper levels benefit from west facing views across Gibraltar Bay.
The existing building provides the current 16 apartment configuration. In addition, planning permission had been granted for the construction of an additional floor, offering further development potential beyond the existing accommodation.
The structure was prepared with future expansion in mind, and structural surveys have previously been undertaken in connection with the proposed additional level.
With freehold ownership, a substantial number of individual units and approved development potential, the property offers an interesting opportunity for an investor or developer seeking a larger residential asset within Gibraltar's Upper Town.
Full details of the approved planning application are available through Gibraltar Town Planning.
Contact NP Estates for further information, tenancy details or to arrange a viewing: +350 200 48532 | justin.bautista@npestates.com