Governor's Parade, Town Area
Description
Calpe Lodge - A Rare Freehold Opportunity in the Heart of Gibraltar We are delighted to present Calpe Lodge, a distinguished property with an illustrious history dating back to the early eighteenth century. Imbued with its original colonial charm, this unique freehold opportunity is situated at 29, 31 & 33 Governor's Parade. Calpe Lodge offers an expansive footprint of 334 sqm and boasts an existing built-up area of approximately 700 sqm. Strategically located in close proximity to the vibrant South Central Main Street, replete with a wide array of retail establishments, cafes, and fine dining options, Calpe Lodge also stands within easy reach of Gibraltar's most iconic landmarks, including the renowned Garrison Library and The Elliot Hotel. What sets Calpe Lodge apart is its exceptional potential. This property enjoys full planning permission for a comprehensive Commercial & Residential Scheme. This permission facilitates an expansion of the building to approximately 1,430 sqm, adding two additional floors and a splendid rooftop terrace featuring a private swimming pool and a well-equipped gymnasium. The residential facet of this development encompasses 23 exquisite apartments. These include an assortment of studio apartments and one- and two-bedroom residences, providing a diverse range of options for discerning homeowners. Further details of this captivating project are available through the e-planning website: Town Planning (egov.gi). Additionally, the scheme introduces a capacious basement area, thoughtfully designed for storage units, easily accessible via No. 29 Governor's Parade. The addition of a lift ensures effortless transport and storage of bicycles. The ground floor of the property graciously welcomes with the ambiance of a stylish cafeteria/bar, complete…
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 |
|---|---|---|---|
| George's Lane Town Area | 1 min walk | 3 | £399,000 |
| Town Area Town Area | 1 min walk | 3 | £385,000 |
| Prince Edward's Road Upper Town | 1 min walk | 4 | £795,000 |
| Prince Edward's Road Upper Town | 1 min walk | 4 | £1,295,000 |
| Prince Edward's Road Upper Town | 1 min walk | 4 | £2,150,000 |
| Town Area Town Area | 1 min walk | 2 | £549,500 |
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
5 other properties in Town Area advertised at within 25% of this price. Their median asking price is £2,900,000 — this one is asking the same. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Midtown | Town Area | 3 | £2,900,000 | same |
| Midtown | Town Area | 3 | £3,150,000 | +9% |
| Midtown | Town Area | 3 | £3,500,000 | +21% |
| Midtown Liberty | Town Area | 4 | £2,250,000 | -22% |
| Midtown | Town Area | 4 | £2,250,000 | -22% |
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