6 Mar, 2014 @ 16:18
1 min read

Planned €48 million development for Gibraltar’s Caleta hotel

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IT is just the sort of pad to make James Bond feel at home.

After a hard day saving the world from international criminal masterminds 007 would be able to relax with his favourite Bond Girl, a Vodka Martini and take in the fantastic views of the Straits of Gibraltar.

The five luxury modern apartments are part of the plan to transform the Caleta Hotel into a multiple accommodation centre.

Each of the 500 metre square homes will have their own oval swimming pool and come in at a price tag of at least £3million.

In the exciting €48 million development, the four star hotel’s conference facilities, health and beauty club, lounge, banqueting are all set to be refurbished. A new restaurant, bars, outdoor swimming pool and casino will also be added.

Even more ambitious are plans to build a 41-suite, 5-star boutique hotel, with panoramic infinity swimming pool, and 50 apartments.

“We expect building to start in November and for it all to be finished by 2019,” revealed Franco Ostuni, general manager of the hotel. “We have been looking at this project for the last three years.”

The project, designed by a Portuguese architects firm, is currently going through its 12 week Environmental Impact Assessment.

Imogen Calderwood

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