7 Aug, 2022 @ 09:15
1 min read

Gibraltar – Becoming a World City 

Gib Editorial Artwork
Image Gibraltar property

Much has been said recently about the supply of property in Gibraltar being at its lowest for the last 10 years. 

The main reason for this being the fast take-up of new build properties during construction phases. 

Demand continues to rise causing prices to rise accordingly.

The outlook for the property market in Gibraltar is good, especially once a border deal can be struck with the EU.

The question then becomes how we create more supply with the limited space we have in Gibraltar. 

Gibraltar has unique advantages, benefiting from a unique geographical location, cultural background and world renowned legal and educational institutions. 

Gib Editorial Artwork
Much has been said recently about the supply of property in Gibraltar being at its lowest for the last 10 years. Image Gibraltar Properties.

This together with Gibraltar’s favorable low company tax regime and high net worth residency will continue to be the driving forces for property demand. 

The Gibraltar government has this year committed to progressing the Victoria Keys project, a major land reclamation master plan for a 100,000 square metre mixed use development located on the west side of the Rock which will promote both national and international investment.

 The appetite from investment and development companies to do business in this thriving city is significant. 

There is no capital gains or inheritance tax in Gibraltar, making buying and selling new developments a money-spinning pastime for anyone who has a little cash to spare. 

For more information on Gibraltar property call Josie Richardson +350 200 79210 or contact [email protected]

Staff Reporter

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Foodisiac
Previous Story

Foodisiac – Gourmet food with a sustainable ethos in Sotogrande

640px La Araña Peñon Del Cuervo Málaga
Next Story

Beach bar in Spain’s Malaga awarded ‘Best Chiringuito 2022’ by prestigious gastronomy magazine

Latest from Property

Go toTop

More From The Olive Press