Advantages of investing in luxury properties in Gibraltar
One of the great advantages of investing in luxury properties is the certainty of obtaining great benefits in the medium or long term. Not in vain, they are properties that are sold at reduced terms because they are homes already finished and ready to move into that do not lose value.
Broadly speaking, the advantages of investing in luxury homes are their excellent location, their uniqueness, their top-quality finishes with the most modern materials, the best details in home automation, their unique equipment, or the quick return on investment through the sale.
It is also not complicated to put it on the rental market, especially if it is located in areas of high demand, as is the case of Gibraltar.
The real estate market does not lose value
It has always been said that the luxury housing market is not losing value. But at the moment, rising inflation and low-interest rates mean that investment in luxury homes is a far outstripping investment in other similar assets considered safe.
Luxury properties offer more control than other types of properties in your portfolio; you are free to choose the type of investment you want to make.
Investing in real estate is one of the best investments you can make, as it is a safe, profitable, and low-risk asset, as long as you know how to choose the right property. Smart investors keep an eye on the real estate market and look for an increase in value.
Luxury properties promise the best long-term returns compared to ordinary properties. This makes the waiting time to get returns on your purchase shorter.
One of the advantages of investing in luxury homes is their broad market, thanks to the growing presence of both Gibraltarian and foreign buyers.
The luxury industry underwent some changes in 2020 with the onset of the pandemic, however, its knowledge of the customer and its ability to deliver experiences and a lifestyle that gives them everything at their fingertips, have meant that high-end companies, especially those in premium and luxury properties have recovered quickly.
Buying a luxury home to rent or to sell?
Both options are still profitable today. However, you should keep in mind that, in the current real estate context, with an upward trend in prices, these homes are more exposed to an increase in profitability, if we compare them with average homes.
With the current and expected rise, investors can obtain profitability of 15 to 20%; moreover, in a totally safe way. And this is in the case that we wish to sell the property because renting is an option to take into account. Nevertheless, the ideal is to acquire the property, rent it and sell it later.
The southern district of Gibraltar
The southern district has become one of the most desirable areas of Gibraltar, as it is one of the quietest areas and you can enjoy a relaxed atmosphere while having all the amenities close by, such as schools, restaurants, and stores.
CENTURY 21 GIBRALTAR has at your disposal this 3-bedroom house in Rosia Ramp.
This luxurious property has been refurbished to an exceptionally high standard throughout with attention to every detail. At ground level, there is a short flight of steps leading to a large living room, currently utilized as an entertainment zone with a pool table, bar, and decorative fireplace. On the other side of this impressively sized room is a separate dining area, beyond which is a private pool with an outdoor shower with outdoor seating for alfresco dining; all accessed directly via a sliding glass curtain/door.
Contact our sales team today to visit this home and invest in your Gibraltar lifestyle.