Eden Place, Gibraltar

Eden Place, Gibraltar

Exclusive Pre-market offer

1, 2 & 3 bedroom apartments

From £185,000

2% on reservation, 8% at exchange

Completion 2010

AAG says:

Gibraltar is located in a unique position at the crossroads of Europe and Africa. Its enviable EU membership status provides the international investor with an impressive range of incentives. As a tax haven, this peninsula is a well-established residence to many influential financial services companies as well as recently becoming headquarters to an increasing number of gaming companies (15 operators in 2006 compared to 11 in 2005).

Gibraltar is a politically and economically safe country, due to its close links to the UK and the sterling. For the last 10 years GDP growth has remained constant at around 8-11%, inflation is consistently low at around 2.9% and Gibraltar has the 10th highest GDP per capita in the world. All of this translates into stability and relative safety for the would-be investor, as well as a potential for excellent returns. Some areas of Gibraltar have shown a property price increase of 135% in the last 3 years.

Eden Place

Eden Place, developed by award winning Taylor Woodrow (TW), is within an easy stroll of the town and beach. A £1 Billion redevelopment project is under way to improve access to and from the Spanish border and a new airport terminal. The Eastside project, which includes a 300 boat marina, a boutique cruise liner berth and up to 2,000 apartments, is expected to be completed by 2016.

Filomena (another TW development) next door was sold out within a few weeks. This illustrated the viability of the site, with many investors already reaping the short term benefits - re-sale prices up by 15-20% after just one year. Coupled with the excellent rental yields (currently 7%+), Gibraltar offers a unique opportunity for investors.

AAG are pleased to be able to offer these few exclusively pre-market apartments located on the fifth and seventh floors with excellent views.

For further information, please contact our property team on +44 (0) 207 016 6767 or at propertysearch@aag.co.uk