Re-released apartments at Gibraltar’s Ocean Village offer rare opportunity

In a very rare opportunity, a handful of high floor two and three bedroom apartments in Ocean Village’s Grand and Majestic Ocean Plazas have been released back to the market for sale. Priced to sell from just £295,000, many are fully furnished with incredible views of Gibraltar and across to Africa. Since being released last week, seven properties have sold whilst the remainder are not expected to sit around for long.

Brian Stevendale, Sales & Marketing Director for Ocean Village explains, “Currently there are no new residential schemes in progress within Gibraltar to meet a growing demand from people continually relocating to the Rock. These tend to be a mixture of buyers and those initially rent. Our strongest customer is local Gibraltarians who wish to live in Ocean Village and local investors who buy-to-let to the newcomers. We tend to sell out well before completion - both Grand and Majestic Ocean Plazas were 80% sold on the first day of launch - this leaves a dilemma for those seeking upscale property. Our re-released 15th and 16th floor apartments are proving extremely interesting.”

Ocean Village was voted Best High Rise Development in Europe at the 2010 European Residential Property Awards in association with Bloomberg Television and it goes on to represent the continent in the World’s Best Finals at the end of November. “This reinforces that Gibraltar is indeed the success we all know it to be on a global stage” enthused Brian.

Now multiple Award-winning, the residential Plazas at Ocean Village attract an elite set of buyers from within the Rock and across the world including many extremely wealthy individuals cannot resist the fiscal advantages of becoming resident in Gibraltar. Ocean Village also ticks boxes for new residents of Gibraltar who have relocated to work in the many gaming, financial services and entertainment enterprises attracted by the Rock’s low-tax environment. This final market will only get larger as projects such as the 15,000m² World Trade Centre Gibraltar, another Ocean Village venture, come to fruition.

Grand and Majestic Ocean Plazas delivers sumptuous accommodation with high spec fixtures and fittings alongside abundant on-site facilities from Jacuzzis to an oasis of seven swimming pools and a state-of-the-art Health Club to secure underground parking. On top, residents are able to savour all the action within Ocean Village’s confines such as the Gala Casino, fine dining in a wide range of restaurants and the ultimate in status symbols – a berth for the megayacht.

For further information on both property and berths, visit oceanvillage.gi.