Renting in Gibraltar: A Complete Guide for Tenants & Expats

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Your Essential 2025 Guide to Renting in Gibraltar – Costs, Best Areas & Expert Advice

Why Rent in Gibraltar?

Gibraltar offers:

Average Rental Prices in Gibraltar (2024)

Property Type Monthly Rent (Avg.)
1-Bed Apartment £1,200 – £1,800
2-Bed Apartment £1,800 – £2,500
3-Bed Family Home £2,500 – £4,000
Luxury Penthouse £4,000+

Prices vary by location—Ocean Village & The Rock are the most expensive.

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Best Areas to Rent in Gibraltar

  • Ocean Village – Best for expats, luxury living, and waterfront views.
  • Catalan Bay – Ideal for families, quieter with beach access.
  • Upper Town – Affordable, historic, close to amenities.
  • Europa Point – Scenic, near the lighthouse & international schools.

How to Rent a Property in Gibraltar

Step 1: Find a Reputable Letting Agent

  • Century 21 Gibraltar offers verified listings & legal support.
  • Avoid scams—always check contracts before paying deposits.

Step 2: Understand Gibraltar's Rental Laws

  • Tenancy Agreements are usually 1-2 years.
  • Security deposit = 1-2 months' rent (protected by law).
  • Landlord responsibilities include maintenance & annual inspections.

Step 3: Budget for Extra Costs

  • Agency fees (0.5-1 month's rent)
  • Utility bills (~£150-£300/month)
  • Community fees (for apartments)

Tips for Expats Renting in Gibraltar

  • Get a local bank account for easier rent payments.
  • Check visa/residency rules if moving from outside the EU/UK.
  • Negotiate rent—some landlords offer discounts for long-term leases.

FAQs About Renting in Gibraltar

Is renting in Gibraltar expensive?

Yes, rents are higher than Spain, but salaries & tax benefits offset costs.

Can foreigners rent in Gibraltar?

Yes! No restrictions, but you'll need proof of income & ID.

What's the cheapest area to rent in Gibraltar?

Upper Town & South District offer more affordable options.

Need Help Finding a Rental in Gibraltar?

Contact Century 21 Gibraltar today for expert rental advice and the best property listings in 2024!

Call Now: +350 5652 3000

Email: info@century21gibraltar.com

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