Gibraltar Government’s announcement made July 2018 is that it is considering setting up a Register of Residential Tenancies, in order to crack down on owners who illegally rent out their properties. Due to this initiative we advise Property Investors to review their tax position to ensure that all is declared appropriately and up to date.
Arengos Gardens- Construction Progress
The Arengos Gardens site is progressing well. The gardens have been cleared and access restored. Trees which would have been affected by the build have been re-located elsewhere in the gardens or replaced. The land is now being levelled and ground broken to start the foundations. It is projected that the build will be completed to roof level toward the end of the year, beginning of 2018.
Arengos Palace Gardens Restoration
The team visited Arengos Gardens today to see the progress in clearance of the 3/4 acre gardens. The original terracing is starting to appear from the foilage and the huge landscape area emerging with the most fantastic variety of plants and trees. All levels will have amazing views and areas for residents to sit and relax under the shade of the olive trees.
History, Heritage and Modern Homes
The off-plan release for sale of the new homes currently under development at Arengos Gardens in Gibraltar’s Upper Town has commenced this month and is likely to be welcomed with a flurry of interest from property investors and homebuyers alike.There is something very special about buying a brand new home in the historic heart of this vibrant city. The development…