OFFPLAN NEWS

(10.08.2007 )
Gibraltarian real estate Gibraltar Apartment and Office Facilities Rent Out

Gibraltar holiday apartments and office space can usually be rented at between GBP8 - GBP15 per square foot per year. Few offices come already furnished so it is likely that furniture will have to be bought in Gibraltar or imported from Spain. Locally bought goods such as computers and office equipment can be expensive and remember all goods that are imported (except foodstuffs) are liable to a 12 per cent import tax; but there is no VAT. VAT on items purchased from the EU can be reclaimed.

A new Business Property Occupation Tax was introduced in respect of property occupied in Gibraltar by companies for business purposes when corporation tax was reduced to zero for all companies in 2003.

In terms of utilities, water is distilled from sea water but is metered and can be expensive. Electricity is generated locally and can also be a bit more costly than the UK but at least the heating bills are cheap!

Telecommunication rates have been about the same as in the UK but they are likely to become cheaper now that liberalisation of telecommunications has begun under legislation enacted in 2001.

News by Country

»(10.08.2007 ) Property in Gibraltar The Gibraltar Real Estate
The Gibraltar exempt company is a suitable vehicle for holding real estate interests in many other countries, including the UK and Portugal. ... » find out more

»(10.08.2007 ) Property in Gibraltar Conservative MEP Visits Gibraltar
Conservative MEP Giles Chichester, son of Sir Francis Chichester, comes to Gibraltar to give a talk tonight at the Royal Gibraltar Sea Property Yacht Club at 8.00pm on his father's boat the Gypsy Moth. ... » find out more

»(10.08.2007 ) Property Gibraltar General tips when looking for Gibraltar property
Having to depend on local transport can be avoided if you use one of the rent-a-car firms at the airport to get you to the chosen property in Gibraltar.... » find out more

»(10.08.2007 ) Gibraltar property Gibraltar agreement to boost tourism
An historic agreement between the UK, Spain and Gibraltar could mean that the Rock enjoys a major boost from low-cost airlines and is heartily welcome by those looking to buy property in Gibraltar. ... » find out more

»(10.08.2007 ) Gibraltarian properties Gibraltar Buys Capitol Hill Building for $2.7M
Gibraltar real estate LLC has purchased 1510 E. Olive Way in Capitol Hill, a 1924 building with commercial and residential space. ... » find out more

»(10.08.2007 ) Gibraltarian property Gibraltar LLC buys Third Ave. Building
Property Gibraltar LLC has entered the downtown Seattle market by acquiring the 8-story Century Tower at 1518 Third Ave. for $6 million. ... » find out more

»(10.08.2007 ) Gibraltarian real estate Gibraltar Apartment and Office Facilities Rent Out
Gibraltar holiday apartments and office space can usually be rented at between GBP8 - GBP15 per square foot per year.... » find out more

»(10.08.2007 ) Gibraltar real estate Gibraltar Puts $170M Multi-Family Portfolio on the Block
Gibraltarian Properties Inc. is putting its nine-property multifamily portfolio in Indiana and Nebraska up for sale at an asking price of about $170 million.... » find out more

»(10.08.2007 ) Real estate in Gibraltar Gibraltar Real Estate Info
The Gibraltar exempt company is a suitable vehicle for holding Gibraltarian real estate and other countries interests in many other countries, including the UK and Portugal.... » find out more

»(10.08.2007 ) Real estate Gibraltar Gibraltar Residence and Property
Nationals of EU member states have the right to enter, work and live in Gibraltar property for sale.... » find out more