7 Sep, 2023 @ 13:39
1 min read

Government marks 380 affordable flats as ready at Hassan Centenary Terraces overlooking Gibraltar beach

HAPPY homeowners in Gibraltar will soon get the keys to their brand new affordable homes at the impressive Hassan Centenary Terraces after the government announced the completion of its first phase.

The government released 380 properties which it said ‘have been completed to a high standard’, with another 285 flats to follow in phase two.

Located at the new entrance to Gibraltar on the south of the Eastside Development overlooking Eastern Beach, Hassan Centenary Terraces is part of the second raft of public homes since the GSLP/Liberals won the 2011 election.

Beach View Terraces and Mons Calpe Mews finished in 2016 provided 893 flats between them.

Work on Bob Peliza Mews and Chatham Views started this summer, which together with HCT phase two will provide nearly 1,250 homes for local people.

The government complemented construction company Casais on its ‘excellent work’, which it said, ‘resulted in innovative, sustainable and affordable housing’.

It said they ‘not only benefit prospective home owners, but will also provide for the continued economic and physical expansion of Gibraltar’.

Homeowners benefit from the unique 50/50 scheme that means the government pays half the cost price of the homes.

“We promised to deliver affordable and sustainable homes to the people of Gibraltar during our time in Government,” Chief Minister Fabian Picardo said.

“I am pleased to say that we have not only done that, but that we have managed to deliver MORE affordable homes than any other Government in Gibraltar has done before.”

He said they would especially benefit young first time homeowners and growing families.

The noisy piling process will now be completed at Chatham Views by the end of September giving way to the next stage of the development.

Piling for Bob Peliza Mews will start next week after the contractor finished clearing the remains of Waterport Generating Station.

“Within a few weeks, purchasers will be able to begin the process of payments towards their new homes, whilst simultaneously being able to see the physical manifestation of their investment in their futures,” Picardo added.

READ MORE:

priest church Saint John S Seminary Unsplash
Previous Story

Chief prosecutor in Spain calls for in-depth investigation into paedophile priests, after newspaper uncovers abuses and cover-ups

Elderly Woman On Spain's Costa Blanca Suffers Violent Abuse From Grandchild Who Spent Her Money
Next Story

Spain suffering ‘alarming’ rise in sexual assaults committed by minors

Latest from Gibraltar

Go toTop

More From The Olive Press

Benidorm brothel that exploited women round-the-clock is raided by police with four victims rescued

Benidorm brothel exploited vulnerable women round-the-clock with four victims rescued by police

FOUR women have been rescued by the Policia Nacional in
Spain's top supermarket Mercadona announces €150m in food price cuts including olive oil

Spain’s top supermarket Mercadona announces €150m in food price cuts including olive oil

SPAIN’S leading supermarket in terms of market share- Mercadona- says