chesterton international property collection gibraltar & sotogrande edition summer 2011

INTERNATIONAL PROPERTY COLLECTIONGIBRALTAR & SOTOGRANDE EDITION

SUMMER 2011

Simplifying the complex world of tax: putting you closer to

your goalsAttitudes to tax are changing. Both companies and individuals are ever more exposed to tax

regulations, not just locally but globally. By thinking beyond the present and across

borders, we can deliver long-lasting value. Our understanding of tax laws, our global

network of specialist advisors, and our industry knowledge will help you to stay

competitive and compliant.

For more information contact [email protected]

kpmg.gi

Chesterton Property ManagementChartered Building Surveyors

Property ManagementYour asset is too important to be left to chance

Chesterton offers a tailored property management service to look after your asset whilst you are away. Whether for one week or one year, ensure your property is being looked after by experienced and trusted property professionals. Our knowledge and impeccable customer service are at your disposal.

When you’re away, we’ll look after your property for you.

20 Ocean Village PromenadeOcean Village, Gibraltar

T: +350 200 61394M: +350 5800 8640

[email protected]

Welcome to the International Property CollectionGibraltar & Sotogrande EditionSummer 2011

Here in Gibraltar, we are certainly feeling the benefi ts of a low tax economy. Chesterton’s results for Q4 2010 and Q1 2011 have both surpassed the equivalent periods in all of our prior years. We believe this success may be attributed to the certainty of the 10% corporation tax rate (since Jan 2011) and testimony to the quality of service we consistently aspire to achieve.

We often fi nd ourselves at the forefront of advising companies and individuals seeking to relocate to these parts. It is a position which we relish and we recognise the importance of our role in properly selling Gibraltar and its many benefi ts to clients. Once a decision has been made to relocate, there is much to do and to this end we assist every step of the way, negotiating leases, sourcing bank funding, advising on residency issues and introducing the right tax advice.

Last month, Chesterton Property Management launched a new service to manage unoccupied properties for those owners who are frequently away from Gibraltar and who require professional management of their asset. This month, we launch a series of short let apartments available for three days to three months. We will continue to respond to client requirements as we evolve our services.

Another new growth area for us, perhaps surprisingly given its economic diffi culties, is Spain. Individuals moving to Gibraltar still enjoy having access to a weekend home, and staff of companies moving into Gibraltar, often choose, whether by design or fi nancial need, to live in Spain. And now, of course, there are some very attractive opportunities for the buyer. We can help source some of these opportunities for clients.

Back in Gibraltar, there remains little certainty that any of the developers of the new planned offi ce developments will start construction before the summer. We can currently offer a total of 5,000 sq m of offi ce space in Gibraltar, however, it’s the more modern, open plan, grade ‘A’ quality space which is in greatest demand.

This edition of our International Property Collection includes a cross section of some the most interesting properties available in Gibraltar and nearby Spain, as well as some properties from our other International Offi ces (see inside back cover for complete list). As the only international real estate agent in Gibraltar with offi ces across four continents, we look forward to serving you whether you are looking to buy, sell or rent, in Gibraltar, nearby Spain, or further afi eld.

We wish you a pleasant summer.

Mike Nicholls BSc FCAManaging Director

Front Page: Ocean Village.For more information call Chesterton 00350 200 400 41 or email [email protected]

© Buckingham Properties (Gibraltar) Limited trading as Chesterton, 2011. All rights reserved. Reproduction is forbidden except by express permission of Chesterton. The content of this magazine is believed to be correct but its accuracy is not guaranteed and it does not form part of any offer or contract. Chesterton cannot accept responsibility for any omissions or errors.

This luxurious semi detached villa is part of an exclusive gated development of just 14 semi-detached houses, located in the prestigious Queensway Quay marina, each enjoying private access and 24 hour security. The property benefi ts from a private pool, internal lift, covered terraces, double garage and a 20 m berth. In addition there is a ground fl oor self-contained apartment for staff or guests.

£3,950,000The Island4 bed / 4 bath / garage / pool / garden / berth

+ 350 200 400 [email protected]

Gibraltar SalesGibraltar Sales

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This exclusive penthouse apartment has been interior designed and fi tted to the highest standard. The spacious bedrooms have fi tted wardrobes and access to private terraces. The bright and airy living room offers a designated dining area and a luxury open plan kitchen. The property boasts a large private terrace to enjoy the great marina views. It is fully air conditioned, includes 2 private parking bays in the secure underground garage and is being sold fully furnished, as seen.

£2,250,000Tradewinds4 bed / 3 bath / 2 x parking spaces / communal pool




Once the home of the Surgeon General in Gibraltar, this colonial property has been extensively refurbished throughout, whilst keeping many of its original features and character. This unique family home offers spacious accommodation, a luxury kitchen, laundry room, lots of storage and plenty of outside space too - gardens, private pool, bbq area etc. The original outbuildings have also been converted and now offer a lock-up garage, shed and gym.

£2,200,000Europa Road4 bed / 3 bath / private garden / private garage / private gym / private pool




This brand new, high tech home is located on a quiet road of the South District. It provides spacious bedrooms over 3 levels with fi tted wardrobes and en-suite bathrooms. It has a bright & airy living room and separate dining room with bespoke furniture, solid oak staircase and fl ooring, reverse air-conditioning and integrated vacuum system. The beautifully crafted luxury kitchen is fi tted with top of the range appliances. The conservatory, private garden, pool and electronic double garage complete this unique property.

£2,175,000Naval Hospital Road4 bed / 3 bath / garage / pool / garden




A stunning penthouse apartment located within this exclusive development in the peaceful Queensway Quay marina. It has been tastefully decorated and furnished, offers spacious accommodation throughout and boasts an impressive terrace with views of the rock and marina. The property also includes a high end fully fi tted kitchen, quality wooden fl ooring and air-conditioning as well as allocated parking bays and a communal pool.

£2,200,000The Sails3 bed / 3 bath / parking / communal pool


Gibraltar SalesGibraltar SalesGibraltar Sales



Issued by SG Hambros Bank (Gibraltar) Ltd which is regulated by the Financial Services Commission. © GettyImages -

Your pr ivate banker works c losely wi th a team of dedicated industry experts developing appropr iate solut ions to help you manage your weal th and meet your personal object ives.

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Highcliffe House £1,950 pcmThe Cliftons is part of an exclusive development built by Taylor Woodrow. This 116 sq m, two bedroom, two bathroom patio apartment is in superb decorative order. Fully furnished and equipped, the property also includes allocated parking in the secure underground garage, a swimming pool and a gym for the residents.

Ocean Village £1,895 pcmThree bedroom, two bathroom apartment located in Grand Ocean Plaza and enjoying an elevated view of the marina and resort facilities of Ocean Village, comprising gardens and fi ve swimming pools. Superbly furnished and fully equipped to the highest standards throughout.

Europlaza £2,300 pcmThis fully furnished three bedroom apartment boasts accommodation in excess of 108 sq m and is presented in excellent decorative order. The modern development is in a convenient location close to shops and restaurants. The views from the balcony are south & west across the Strait of Gibraltar and east towards the Rock.

Kings Wharf £1,290 pcmThis is a brand new, 7th fl oor, one bedroom apartment in a superbnew development, with easy access to both Queensway and Main Street. The balcony provides views east towards the Rock of Gibraltar. Communal facilities include podium level pool with attractive views west towards the Bay of Gibraltar and a modern gymnasium.

Gibraltar Lett ingsGibraltar Lettings


Gibraltar Lett ings

Interior designed apartment providing bright & spacious accommodation of 114 sqm. The property boasts panoramic sea views from the full height windows in the open plan lounge / dining room. The Danish built development has been built to the highest standards and has 24 hour security. It is fully furnished and equipped. This property is attractively priced and viewing is recommended.

£1,950 pcmAtlantic Suites2 bed / 2 bath / parking / swimming pool / gym


Gibraltar Lettings


The Anchorage £2,250 pcmBright and spacious apartment less than one year old with three bedrooms, two bathrooms and an enviable view across Rosia and Nelson´s Anchorage. Superbly furnished and equipped to the highest standards. There is an allocated parking space beneath the development.

Atlantic Suites £1,395 pcmA bright and spacious one bedroom apartment which has been fully furnished and equipped to the highest standards. This Danish built development has 24 hour security, underground parking, a health club and a swimming pool. It is located close to shops and restaurants.

Ocean Village £1,500 pcmThis two bedroom, one bathroom apartment is located in Grand Ocean Plaza and offers an elevated view from its expansive terrace across Gibraltar to the Mediterranean. Superbly furnished and fully equipped to the highest standards. Residents of Ocean Village enjoy access to the resort facilities comprising gardens and fi ve swimming pools.

Ordinance Wharf £1,495 pcmPatio apartment with quiet terrace providing front line view of the marina at Queensway Quay. It has been recently redecorated and the accommodation comprises double bedroom with built in wardrobes, spacious living room with two pairs of patio doors to the terrace and an open plan fully equipped kitchen. There is allocated parking and a communal pool.



`Blue Horizons´ is a bright and spacious apartment, located on the 8th fl oor of Grand Ocean Plaza which was completed in 2010. It has been fully furnished and equipped to the highest standards. Residents enjoy access to the resort facilities including 5 swimming pools and over 3,000 sq m of gardens. The apartment boasts panoramic views across Gibraltar to Morocco from the south facing balcony.

£1,850 pcmOcean Village2 bed / 2 bath / parking / communal pools




This furnished townhouse is part of a private development of 16 properties wrapped around a communal swimming pool with attractive gardens. The development is located at the south end of Gibraltar providing stunning views across the Strait to Africa. The spacious accommodation is well equipped and has its own terraces and garden.

£3,450 pcmEuropa Mews4 bed / 2 bath / private garage / gardens / swimming pool




Relax ...let your money do the workIf you’ve moved abroad for a slower pace oflife you’ll still want your money to work hardfor you. With all the different options available,how do you know what will provide you withthe best possible income?

That’s where we come in. We’ve been helping clientsmake sense of the financial landscape for over 25 years.We listen to what you need and explain everything in plainEnglish, so there’s no complex jargon to interpret.

We can help and advise you on;

● How best to arrange your mortgage

● Local Taxation

● How to manage your Investment Portfolio

● Transferring your pension to QROPS

Why not find out more?To arrange an informal chat with one of our qualified and experienced advisers please call us on + 350 200 42353 or email [email protected]

Blacktower Group with offices in the United Kingdom, Gibraltar, Portugal, Spain & France. Blacktower Financial Management(International) Ltd is licensed in Gibraltar by the Financial Services Commission (FSC) License No. 00805B BlacktowerFinancial Management Ltd is Authorised and Regulated in the UK by the Financial Services Authority.

100173_BlacktowerFM Ad 220x222mm:Layout 1 04/02/2011 09:33 Page 1

Los Cotos, Alcaidesa €850 pcmThis delightful 2 bed, 2 bath townhouse is set within a very private community located in Alcaidesa, providing good views of Gibraltar and a short walk to the beach. The property offers garage parking and residents also have access to a communal pool.

Apartments Regency, Alcaidesa €400 - €600 pcmOne and two bedroom apartments in a gated urbanisation with community swimming pool, laundry, gym and paddle tennis courts. We have a selection of garden apartments, fi rst fl oor apartments and penthouses.

Alcaidesa Alto POA This stunning 5 bed, 4 bath villa is available for short term and holiday lets. The property boasts spacious accommodation throughout and has been fi nished to a high standard. It offers fantastic views, private pool, access to tennis courts and is situated close to the beach and resident golf courses.

Alcaidesa Alto €2,100 pcmDistributed over 3 levels, this large 4 bedroom villa offers spacious accommodation, en-suite bathrooms and a high level of fi nish. The large manicured gardens surround this Spanish style villa and include a private pool. The villa is within close proximity to the beach and golf facilities.

Spain Lett ingsSpain Lettings


Spain Sales

Copernico, close to Finca Cortesin, is a fully furnished, large colonial style home, with high ceilings and double height entrance hall. The property boasts four double bedrooms, two bathrooms, two shower rooms, a games and fi tness room, together with a covered private swimming pool within its own zero maintenance garden. The modern breakfast bar separates the large kitchen from a spacious dining area and vast lounge, both of which have double doors opening onto the terrace. The villa has been built to an extremely high standard by one of the foremost architects on the Costa del Sol.

€995,000Villa Copernico, Casares4 bed / 4 bath / games room / private pool / garden / 526 sq m built / 1,134 sq m plot


Spain Sales


Located in the highly sought after `Kings and Queens´ area of Sotogrande Costa, this magnifi cent villa offers breathtaking views over the golf course and beyond. All the spacious bedrooms offer en-suite facilities, the large lounge is bright and airy and leads onto the landscaped gardens. The property includes a large indoor solar heated swimming pool, air-conditioning, double glazed windows, marble fl oors and is fi nished to a very high standard.

POAWhispering Palms, Sotogrande4 bed / 4 bath / gardens / indoor pool


Spain SalesSpain Sales


A beautiful newly built villa close to Alcaidesa beach with stunning panoramic views. Each room has an abundance of space with the large lounge boasting a double height galleried area. There are ample terraces, a barbecue area, a private heated pool and a well maintained garden. The villa includes a fully fi tted kitchen, air-conditioning throughout, a house automation system and is offered partially furnished.

€2,400,000Alcaidesa4 bed / 4 bath / parking for 6 cars / private pool / 950 sq m built / 1,827 sq m plot




fi nding theright property

for the

Established in London in 1805, we are part of an international network of over 70 offi ces worldwide. This means we have an extensive database of local and international clients as well as local knowledge.

chesterton.gi

right client

Gibraltar

Sotogrande

Ocean Village

Alcaidesa

Marina Bay

Queensway Quay

Rock Gardens

Cliftons

Atlantic Suites

Admirals Place

Kings Wharf

The Island

The Sails

Gibraltar Sales

This modern `Barbary View´ apartment in Royal Ocean Plaza offers an airy living area leading onto a private balcony. It is fi tted to a high standard with wooden fl ooring, a designer bathroom with underfl oor heating, a fully fi tted kitchen with top of the range appliances, double glazed windows and air-conditioning throughout. Residents of Ocean Village benefi t from an allocated parking space and 24 hour security and also enjoy the many communal pools and gardens.

£335,000Ocean Village2 bed / 2 bath / parking / communal pool


Gibraltar Sales


Clifftop House £330,000This stunning clifftop location offers enviable views of the Strait of Gibraltar towards Africa and the Mediterranean. All apartments within the development are fi nished to a high standard with luxury kitchens, designer bathrooms, air-conditioning and fi tted wardrobes. Floor to ceiling sliding doors lead from the spacious living areas onto large private terraces. These 2 bed, 2 bath apartments include an allocated parking bay or lock-up garage and a communal pool.

Queensway Quay £1,150,000A substantial family home located in Queensway Quay marina providing spacious accommodation throughout. This 3 storey townhouse contains 3 bedrooms and 3 bathrooms and is in excellent decorative order. A fully fi tted kitchen leads onto the bright and airy living area. It also benefi ts from good marina views from the terrace, a lock-up garage, private patio and plenty of storage throughout.

Europlaza £412,500This beautifully appointed 3 bedroom, 2 bathroom apartment offers a good quality fi nish and spacious accommodation throughout. It benefi ts from fi tted wardrobes, wooden fl ooring, air-conditioning and a fully fi tted kitchen with breakfast bar and a utility area. The apartment has sea views from its private balcony off the living area, it includes an allocated parking bay and is sold partly furnished.

Ocean Village £515,000This modern 3 bed, 2 bath apartment offers quality fi ttings and a high level of fi nish. It boasts a luxury fi tted kitchen with top of the range appliances, designer bathrooms with under-fl oor heating and is fully air-conditioned. The bright living area leads onto a private terrace offering good views from its high vantage point. The property includes an allocated parking bay and residents enjoy 24 hour security and access to the extensive pool area.



Gibraltar Sales

This beautifully decorated apartment offers spacious accommodation throughout and a high level of fi nish. The generous living/dining area boasts an open plan luxury kitchen and access to a large private terrace offering views of the quiet Queensway Quay marina. The master bedroom provides ample storage and has access to another smaller terrace. The property is being sold partly furnished and includes 2 parking bays.

£860,000The Sails2 bed / 2 bath / parking / pool


Gibraltar Sales


Kings Wharf £607,500Kings Wharf is located within a few minutes’ walk of the town centre and offers its residents exclusive pools and a fi tness centre. All apartments have air-conditioning, fully fi tted kitchens and are fi nished to a high standard throughout. This 4 bed, 3 bath apartment has an allocated parking space within the secure garage.

Prince Edward´s Road £1,260,000This beautiful detached family home is located in the Old Town of Gibraltar and offers spacious accommodation throughout, a private lock-up garage and patio. Built in the 1900’s the property has been refurbished to a high standard whilst keeping many of its original features. It also boasts a roof top terrace offering views over the Old Town.

Marina Bay £269,950Rarely available, this marina facing, 1 bedroom apartment is located within the popular Marina Bay development. The living area leads onto a private balcony, the fully fi tted kitchen is spacious and plenty of storage is provided throughout the apartment. The property is air-conditioned, includes communal parking and residents also enjoy access to a pool. The property is being sold partly furnished.

Ocean Village £406,000This modern ̀ Luminous Waters´ apartment in Ocean Village offers quality fi ttings and a high level of fi nish throughout. It boasts a luxury fi tted kitchen with top of the range appliances, designer bathrooms with under-fl oor heating and is fully air-conditioned. The bright living area leads onto a spacious terrace with fantastic views. This 2 bed property includes an allocated parking bay and residents enjoy 24 hour security and access to the pool area.



Gibraltar Sales

This spacious new build apartment has been fi nished to a high standard and offers wooden fl ooring, air-conditioning, fi tted wardrobes and a fully fi tted kitchen with top of the range appliances. The bright living area leads onto a private terrace that boasts great views and includes a hot tub. This exclusive development is located in a sought after area within the South District of Gibraltar.

£537,000Genista House3 bed / 2 bath / parking


Gibraltar Sales


Gardiner´s Road £995,000This beautiful 4 bed family home has been fully refurbished throughout to a high standard. It offers spacious bedrooms with fi tted wardrobes, double glazed windows, a luxury kitchen with adjacent dining area and a bright living room boasting great views of the bay. On the lower level there is a utility kitchen, bathroom and guest room overlooking the private pool and surrounding terraces. The property is sold furnished and includes a car port.

Green Hills £950,000This 4 bed duplex penthouse apartment is located within one of the most exclusive and quiet areas of Gibraltar. It offers spacious accommodation throughout, is air-conditioned and has marble fl ooring. The bright living area leads onto a private balcony offering spectacular sea views. It benefi ts from a separate dining area and the property is being sold partly furnished, to include a fully fi tted kitchen with appliances. An allocated parking bay is also included.

South District £650,000This great family home is located in the South District of Gibraltar, close to some of the most popular schools. It offers spacious accommodation throughout, the living area leads onto a private patio with decking and the large fully fi tted kitchen has access to an outside area. The property contains three bedrooms and two bathrooms. The master bedroom has an en-suite bathroom and offers good sea views. The property also includes a lock-up garage.

Admiral´s Place POAA beautifully decorated 6 bedroom family home located in the South District of Gibraltar within this popular gated development. It is distributed over three fl oors, boasts spacious bedrooms with fi tted wardrobes, a luxury kitchen with top of the range appliances, and plenty of storage and attic space. It also benefi ts from front and back patios. It includes two allocated parking bays and residents have access to the communal cliff top pool.



MN Associates Limited is owned by Mike Nicholls FCA. Mike qualifi ed as a chartered accountant with KPMG in London in 1991. Mike relocated to Gibraltar in 2002 and for a number of years was fi nance director of an international property development & investment company based in Gibraltar. Mike established MN Associates in 2009 to focus on professional services to those moving to, investing in or investing from Gibraltar. Clients include tax residency applicants, property investors, gaming companies, funds, and a wide selection of those attracted to Gibraltar for its fi scal benefi ts.

00 350 200 6543300 34 697 287 438

[email protected] Governors Street

Gibraltar

About Us

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Our professional introduction encompasses:

Tax · Banks & Mortgages · Residency Issues

Residential & Commercial Property Search & Selection

Relocating to Gibraltar?

Gibraltar Lett ings

Interior designed apartment providing bright & spacious accommodation. Panoramic sea views from the full height windows in the open plan lounge / dining room. Danish built development built to the highest standards. Fully furnished and equipped. 24 hour security. Viewing recommended.

£2,550 pcmAtlantic Suites 2 bed / 2 bath / parking / communal pool


Gibraltar Lettings


Furnished townhouse in private gated development converted from historic buildings. Spacious well equipped accommodation retains many original features, including high ceilings and sash windows. The gardens are to the front and rear of the property. The stunning view from the communal swimming pool is across the Bay of Gibraltar out to Africa.

£4,500 pcmAdmiral´s Place4 bed / 2 bath / 2 x parking spaces / communal pool / gardens




Buena Vista Road £950,000This great 3 bedroom family home is located in a very quiet area of the popular South District in Gibraltar. Spacious accommodation, fi nished to a very high standard throughout, spectacular views from a vast fully fi tted family kitchen, adjacent to a comforting lounge. The property is air-conditioned, benefi ts from an integral garage and is being sold partly furnished.

Rosia Parade £2,200,000A rare opportunity to purchase a magnifi cent and colonial 4 bedroom detached house, offering private gardens, outbuildings and a garage. This property has been restored, while keeping its original features, high ceilings, fi replaces and wooden fl ooring. The large fully fi tted kitchen leads onto the gardens. The master bedroom has an en-suite bathroom and walk-in wardrobe with the other bedrooms all being good sized doubles.

Sunset Close £700,000A perfect 3 bed family home located in the South District. Offering spacious rooms with fi tted wardrobes, wooden fl ooring and a fully fi tted, shaker style kitchen, with a utility balcony. The living room has a dining area, working fi replace and leads onto a private balcony. The property is air-conditioned, has plenty of storage throughout and boasts a vast integrated double garage and communal pool (under construction).

Highcliffe House £455,000A contemporary, spacious two bedroom apartment with 116 sq m of accommodation in this small, yet exclusive development which was completed by Taylor Woodrow in 2007. The bright living room leads onto a private balcony offering sea views. The property comes with an allocated parking bay and residents have access to the communal pool and gym.



Gibraltar Sales

This beautiful family home is located in the town area of Gibraltar and offers spacious accommodation throughout. The property boasts many original features, high ceilings, fi replaces and is kept in good decorative order. It benefi ts from a fantastic roof top terrace with views of the Old Town, fully equipped with bar, pergola and hot tub; great for entertaining.

£1,350,000Prince Edward´s Road3 bed / 4 bath / parking / pool


Gibraltar Sales


Gibraltar Sales

Located in this quiet area of the South District, the Anchorage is a modern gated community that offers its residents a gym, indoor exercise pool, children’s park, underground garage and stunning views of the bay. The apartment is fi tted with wooden fl ooring, air-conditioning, electrical blinds, designer bathrooms and fully fi tted kitchen with top of the range appliances.

£475,000The Anchorage3 bed / 2 bath / garage / gym / indoor exercise pool


Gibraltar Sales


Professional Local Insurance Broker

International Insurance Broker

Reinsurance Broker

T: +350 200 52908F: +350 200 40901

[email protected]

To discuss your insurance requirements, or simply to get a quote on insuring your property, yacht, health, business, car, PI, D&O or any other cover, come and see us at our new ground fl oor offi ce in Ocean Village which is now open

to the public, or contact us by telephone or email as below.

Unit 1 - Ground FloorGrand Ocean PlazaOcean VillageGibraltar

QS Insurance Services Limited is authorised and regulated in Gibraltar by the Gibraltar Financial Services Commission (Licence No. FSC 00957B).

Registered address: Suite 2B, Mansion House, 143 Main Street, Gibraltar

Quest Sovereign Insurance Services

Los Cotos, Alcaidesa €320,000A charming 3 bed, 3 bath, townhouse in the quaint urbanisation of Los Cotos in Alcaidesa. Close to the beach and golf facilities in the area and within commuter distance of Gibraltar, this convenient family home offers sea and Gibraltar views.

Sotogrande Alto €1,500,000Impressive 5 bedroom villa in idyllic surroundings overlooking Almenara Golf Course. Extensive accommodation arranged over three levels with games room and several large terraces suitable for entertaining. Private swimming pool and lawn area.

Alcaidesa Alto €800,000 This lovely villa set high up in Alcaidesa offers privacy and good views to the sea. Set on a quiet road, the property offers 4 bedrooms, large lounge dining area and fi tted kitchen. Private secluded garden and pool. Close to amenities in Alcaidesa, the beach and Sotogrande.

Monte Paraiso €1,500,000This apartment is located within the prestigious complex of Monte Paraiso, near the `Golden Mile´ beach. The gated community has 24/7 security, landscaped gardens, several pools including an indoor one, gym, etc. The property boasts 3 spacious bedrooms with en-suite bathrooms, light and airy living areas, a store room and 2 parking bays.



€2,300,000


Spain Sales

Sotogrande5 bed / 4 bath / private pool / 1,891 sq m plot / 544 sq m buildThis Sotogrande villa has recently been restored and renovated into a unique style with modern amenities and fi nishes. The ground fl oor has 4 bedrooms, all with direct access to patios and terraces. The kitchen and dining room are fully equipped with all the details of a modern house, including a bar and lounge. On the fi rst fl oor is the master bedroom with dressing room, bathroom and terrace with a second pool. Underfl oor heating, recessed lighting in ceilings and fl oors, a landscaped garden complete with fountains and ponds are just some of the details of this extraordinary property.

Spain Sales


Located just south of the Valderrama Golf Club, this impressive villa provides spacious accommodation both in the main house and the maid’s/guest´s quarters. The beautiful interior has been fi nished to a very high standard, to include large bedrooms with fi tted wardrobes and en-suite bathrooms. A large mezzanine level has been equipped as a home offi ce. The bright living area boasts south facing patio doors, which lead onto the private landscaped gardens and private pool.

€1,950,000Sotogrande7 bed / 5 bath / garage / pool / garden




Chesterton Property ManagementChartered Building Surveyors

...with local knowledge.

International experience managing thousands of properties...

· Fairness & transparency of charges · Architectural & building surveying services· Regular residents´ meetings & consultations · Building defect analysis & solutions· Separate client accounts · Refurbishment & project management· Value-for-money service charges · Service charge reviews & dispute resolution

20 Ocean Village PromenadeOcean Village, Gibraltar

T: +350 200 61394M: +350 5800 8640

[email protected]

3 Single dwellings & portfolios

3 Residential blocks

3 Commercial properties

· Ocean Village · Europort · Regal House· Marina Bay · Eurotowers · Eurolife· Waterport Place · International House · Irish Town· Main Street · Watergardens · Queensway Quay

We can offer over 5,000 sq m of available offi ce space across the following locations:


Gibraltar Commercial

Interior designed apartment of 196 sq m internal space providing bright & spacious accommodation. Panoramic sea views from the full height windows in the open plan lounge / dining room. Danish built development built to the highest standards. Fully furnished and equipped. 24 hour security. Viewing recommended.

£3,450 pcmAtlantic Suites3 bed / 2 bath / cloakroom / 2 balconies / parking




Unique townhouse with its own private entrance and accommodation arranged over two fl oors in this prestigious development adjacent to the marina at Queensway Quay. The spacious patio offers front line views of the marina. Communal facilities include swimming pool & gym.

£2,250 pcmMoorland Mews2 bed / 2 bath / parking / patio / pool / gym / gardens




This stunning apartment is located in the popular Rock Gardens building. It offers spacious accommodation internally and a 23 sq m terrace boasting wonderful uninterrupted views. The apartment has been fi nished to a high standard and comes with air-conditioning, allocated parking and access to a community pool. The apartment has been professionally decorated and is sold fully furnished.

£595,000Rock Gardens2 bed / 2 bath / garage / communal pool




£1,950 per week


Inter�ational Lett ings

Eaton Square, London, SW12 bed / 2 bath / communal garden Immaculately presented maisonette of c. 1,550 sq. ft on prestigious Eaton Square, featuring a large paved patio, garden, wooden fl ooring in the reception room & porterage. The property offers a reception/dining room, master bedroom with en-suite bathroom, double bedroom with en-suite shower room, kitchen, guest WC, patio, access to a communal garden and a tennis court (by separate negotiation).

£6,950,000 freehold


Inter�ational Sales

Fairholt Street, Knightsbridge, London, SW72 bed / 2/3 reception areas / 2 terraces / garageSituated in the heart of Knightsbridge village, this fascinating double-fronted house is within a short walk of the vibrant bustle of Brompton Road and Sloane Street. The accommodation extends to some 2,800 sq.ft. and includes 2 double bedroom suites, 2/3 reception areas, study, kitchen, dining area, spacious hall, cinema, spa pool for 8 to 10 people, bar, 2 terraces and large garage.

€4,950,000



Grimaud, Var, France6 bed / 6 bath / private poolSituated on a hilltop with dramatic views overlooking the Gulf of St Tropez, this stunning contemporary villa of some 360 sq m benefi ts from 6 bedrooms all with en-suite bathrooms and high quality features. The main house has 4 bedrooms all with en suite bathrooms, there are also 2 separate and independent guest annexes, each with a shower room and kitchenette. The 11x5 m heated overfl ow pool projects dramatically towards the valley enjoying spectacular views. High quality features include an inside lift, home automation technology and underfl oor heating.

$10,000,000



Hope Bay, Bequia, Saint Vincent and the Grenadines8 bed / 7 bath / 4 reception rooms / 3 acres of land / private poolA unique Caribbean hideaway situated overlooking the extraordinarily beautiful, wild and remote Hope Bay, one of the most unspoilt beaches in the Grenadines. The property has been created out of a virgin piece of land on the edge of Mount Pleasant, arguably one of the best and most exclusive locations in the Grenadines.

Inter�ational Offi cesUK Offi cesAbu DhabiAustraliaFranceGibraltar ItalyLibyaRussiaSingaporeSouth AfricaSpain

Barnes Battersea Lavender Hill Battersea Rise Camden and Regents Park Canary Wharf and Docklands Chelsea and South KensingtonChiswickCovent GardenEast SheenFulham Munster RoadFulham New Kings RoadFulham RoadHampsteadIslingtonHyde Park and MaryleboneKensington and Notting HillKentish TownKnightsbridge and BelgraviaLittle VeniceMayfair and St JamesPutneyTower BridgeWestminster and PimlicoWimbledon

BlandfordBridportCheltenhamChichesterChippenham CirencesterCornwallEast Grinstead Grantham HonitonLincolnLudlowMarlboroughNewarkNorth YorkshireNorwichNottinghamPetersfi eld SalisburySevenoaksShaftesburySherborneSomersetSouthamptonStamfordTauntonTenterdenTetburyWadhurstYeovil York

London Offi ces

T: + 350 200 400 41 F: + 350 200 440 11 [email protected] chesterton.gi

Chesterton20 Ocean Village PromenadeOcean VillageGibraltar

Personal Income TaxIndividuals can opt to be taxed under one of two systems, whichever is most advantageous.

(i) Allowances Based System

Tax is calculated on net taxable income, after being reduced by allowances and deductibles:

First £4,000 17%Next £12,000 30%Over £16,000 40% Various allowances may be claimed for self, spouse, family and dependants. Key deductible items include:

Home purchase: £15,500 max in totalMortgage interest: for loans to £300,000Life assurance: subject to conditionsMedical insurance: max £1,120Pensions: Lower of 20% of earnings or £35,000

(ii) Gross Income Based System

Tax is calculated on gross assessable income:

First £25,000* 20%£25,001 to £353,000 29%£353,001 to £704,800 20%£704,801 to £1M 10%Over £1M 5%

* low earners benefi t from a reduced scale.

Exempt & Non Taxable Income- Investment interest and dividends- Royalties- Occupational pension income is taxed at 0% for persons aged 60+

Capital Gains Tax - noneInheritance, Estate & Wealth Taxes - noneValue Added Tax - none

These tax rates may change in the budget for the fi nancial year ending June 2012.

Preferred Tax Status for IndividualsAvailable for individuals meeting eligibility criteria. Conditions on residential property also apply.

(i) High Net Worth Individuals (Category 2)Tax is paid on the fi rst £80,000 of assessable income, equivalent to tax of approximately £30,000, but subject to a minimum of £22,000.

(ii) High Executive Possessing Specialist Skills status (“HEPSS”)Relocating executives with relevant skills pay tax only on the fi rst £120,000 of assessable income (maximum effective rate is 27.125%). A minimum salary of £100,000 is required

Company Income Tax10% standard rate (from 1 January 2011).

Tax charged only on profi ts accrued in and derived from Gibraltar.

Withholding TaxesInterest Nil (from 1 January 2011)Dividends n/aRoyalties n/a

Gibraltar companies may also benefi t from EU Directives on Taxation.

Stamp Duty on Real Estate On real estate, charged on the purchase price:

Purchase Price RateTo £200,000 NilFrom £200,001 2.0% on fi rst £250,000to £350,000 5.5% on balanceOver £350,000 3.0% on fi rst £350,000 3.5% on balance

Information provided by: Almanac Limited, 11 Governors Street, GibraltarT: +350 200 42250 F: +350 200 42252E: [email protected] www.almanac.gi

Gibraltar Tax Tablesfor the year ending 30 June 2011

Corporate ServicesRelocation, Short Lets, Offi ces, Property Search & Selection

Chesterton offers a bespoke service to introduce your company and employees to Gibraltar and nearby Spain. Regardless of whether you need to rent an apartment for a few nights or an offi ce for a few years, our team of experts take away the stress of relocating and searching for new property. Our knowledge and impeccable customer service are at your disposal.

When time is precious, we´ll help you fi nd the right solution.

T: + 350 200 400 41 F: + 350 200 440 11 [email protected] chesterton.gi

Chesterton20 Ocean Village PromenadeOcean VillageGibraltar

Chester�on Cor�orate Ser�ices

chesterton international property collection gibraltar & sotogrande edition summer 2011

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