Why Rent in Gibraltar?
Gibraltar offers:
- Tax benefits (No VAT, low income tax)
- British lifestyle with Mediterranean weather
- Safe, English-speaking environment
- Easy access to Spain & international schools
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.
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!
Email: info@century21gibraltar.com
