Why live and invest in Gibraltar?
Gibraltar is generally considered to have a good quality of life. Many factors contribute to this assessment, making it an attractive place to live and work for both locals and expatriates. Here are some aspects that contribute to Gibraltar’s reputation for a good quality of life
The quality of life that Gibraltar brings
Safety and Security
Gibraltar is known for its safety and low crime rate, providing residents with a sense of security and peace of mind.
Many residential complexes are also closed 24 hours a day. This means that there is no reason to be alarmed or worried.
In Gibraltar, you can live with complete peace of mind and security.
Gibraltar offers a modern healthcare system with access to high-quality medical facilities and services. Additionally, residents can also access medical care in nearby Spain or the United Kingdom if necessary.
Gibraltar has a well-developed education system, including both public and private schools, ensuring that residents have access to quality education for their children.
Gibraltar’s economy is diverse and dynamic, with a focus on financial services, online gaming, tourism, and other sectors. The job market offers opportunities for professionals across various industries.
English is the official language of Gibraltar, making it easier for English speakers to adapt to life in the territory and communicate effectively.
Gibraltar is a melting pot of cultures, with a mix of locals, expatriates, and tourists from various backgrounds. This diversity contributes to a rich and vibrant cultural scene.
Proximity to Europe and North Africa
Gibraltar’s location provides easy access to nearby European cities and North African destinations, allowing residents to explore diverse cultures and travel conveniently.
Gibraltar enjoys a Mediterranean climate with mild winters and warm summers, making it an appealing destination for those who prefer a pleasant year-round climate. The climate is purely Mediterranean, with more than 300 days of sunshine a year, and an average temperature of about 24º. Minimum temperatures in winter are not very low, around 8º or 9º, while maximum temperatures in summer exceed 30º.
Recreation and Leisure
Gibraltar offers a range of recreational activities, including water sports, hiking, and a variety of cultural events and festivals.
Gibraltar participates in a variety of sports, reflecting its diverse and active community. While football (soccer) is the most popular sport in Gibraltar, several other sports are practiced and enjoyed by locals and expatriates. Some of the sports commonly practiced in Gibraltar include:
Football (Soccer): Football is the most popular sport in Gibraltar, and the Gibraltar National Football Team competes internationally. The Gibraltar Football League is the top domestic football competition, featuring clubs from Gibraltar.
Rugby: Rugby is also well-loved in Gibraltar, with both rugby union and rugby league being played. The Gibraltar Rugby Football Union oversees the development of rugby in the territory.
Netball: Netball is a popular sport for women in Gibraltar, and there are various leagues and competitions organized to promote and develop the sport.
Basketball: Basketball has a growing presence in Gibraltar, and there are local basketball clubs and competitions for players of various age groups.
Sailing and Water Sports: Given Gibraltar’s location on the Mediterranean Sea, water sports like sailing, kayaking, and scuba diving are popular recreational activities.
These are just some of the sports that are practiced in Gibraltar. The territory’s active and sports-loving community ensures a diverse range of sporting activities for residents and visitors to participate in and enjoy.
Advantages of buying property in Gibraltar
Buying an apartment in Gibraltar can offer several advantages, making it an attractive option for investors and individuals looking for a place to live. Here are some of the key advantages:
Gibraltar’s favorable tax regime extends to property ownership. There is no capital gains tax on property sales, making it an appealing choice for those looking to invest in real estate.
Stable Real Estate Market
Gibraltar’s property market has historically shown stability and resilience, even during times of global economic uncertainty. The demand for property in Gibraltar has been consistently strong due to factors like limited land availability and a growing population.
Strong Rental Market
Gibraltar’s status as a financial and gaming hub attracts a large number of expatriates and professionals, creating a robust rental market. If you’re not planning to live in the apartment yourself, you can potentially generate rental income from tenants.
Owning property in Gibraltar can provide investors with a diversification opportunity, as the property market operates somewhat independently of larger international real estate markets.
Easy Property Ownership
The process of buying property in Gibraltar is relatively straightforward, with clear property rights and a legal system based on English common law. Foreign buyers are allowed to own property in Gibraltar without restrictions.
Property For Sale in Maida Vale, South District Gibraltar
CENTURY 21 GIBRALTAR is pleased to offer this imposing townhouse in Gibraltar’s sought-after South District. This expansive 4 bedrooms 3 bathrooms property spans over 4 floors measuring 250sqm. It also has a rear patio and separate terraces measuring 50 sqm, with direct views over the Bay of Gibraltar. Original features include high ceilings and a working fireplace in the main living room. There is allocated parking accessed directly from the rear patio, as well as a double lock-up garage at the front of the building. This property is a must-see for someone looking to personalize a house into their very own.
For more information or to arrange a viewing, please contact our sales specialist, Vishal Mulchandani, he can assist you in English and Spanish.