Town, Town Area
Description
Charming Studio in The Residence – Prime Town Location This beautifully presented studio is located in The Residence, one of the most sought-after developments in the heart of town. Offering exceptional amenities and a prime location, this property is a perfect choice for both residents and investors. Key Features: Desirable Location: Situated just steps from Main Street, you’ll have immediate access to shops, restaurants, and all the conveniences of urban living. Modern Development: The Residence is a highly popular development, featuring a rooftop terrace and a communal pool area, perfect for relaxation and socializing. Bright and Airy: The studio benefits from a small balcony and an abundance of natural light, creating a warm and inviting atmosphere. Investor’s Dream: With a strong rental demand, this property offers an excellent return on investment, making it an ideal choice for savvy investors.
Where it is
What's on near Town Area
10/01GIBFIBRE Road Runners League (series of 7)Gibraltar Amateur Athletics Association10/01Tango Laser Open
Royal Gibraltar Yacht Club (RGYC)10/03Algeciras Magic Festival 2026
Edificio Antiguo Hospital Militar, Ayuntamiento de Algeciras10/04Gibraltar
Gibraltar International Airport
What's nearby 314 places
Getting there
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Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| The Residence, Town Area, Gibraltar Town Area | 0 min walk | — | £1,100 pcm |
| The Residence Town Centre | 0 min walk | — | £195,000 pcm |
| The Residence Town Area | 0 min walk | — | £235,000 pcm |
| Ocean Village Ocean Village | 1 min walk | — | £11,240 pcm |
| Town Centre Town Centre | 1 min walk | — | £700 pcm |
| South District South District | 1 min walk | — | £180 pcm |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 similar properties on the island advertised at within 25% of this price. Their median asking price is £244,000 — this one is asking 2% more. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| EuroCity | — | — | £248,320 pa | -1% |
| Victory Suites | Victory Suites | — | £244,000 pcm | -2% |
| The Residence | Town Area | — | £235,000 pcm | -6% |
| Town Area | — | — | £270,000 pa | +8% |
| The Hub | The Hub | — | £200,000 pcm | -20% |
| The Residence | Town Centre | — | £195,000 pcm | -22% |