Economy | 24 Apr 25, 00:00
We have recently agreed the sale (stc) of a one bedroom apartment in Sylvian Suites.
The property received a phenomenal response and we were able to agree a sale within 95% of the asking price with just 18 days of advertising.
While other agents are happy to sit back and hope the phones ring, we take a more proactive approach at Richardsons.
We are seeing a fantastic market so far in 2025, with sales in Q1 up by a staggering 574% from Q1 in 2024.
Although much of the increase in activity is from overseas (largely UK) nationals relocating here for work or retirement, we are also seeing a lot of local people upsizing or downsizing throughout Gibraltar.
Confidence has returned to Gibraltar's rsidential property market and this can only be a good thing. If properties are presented correctly, priced accurately and marketed tenaciously, there is no reason why sellers shouldn't be taking advantage of this market stability.
*Acceptable offer received within 18 days of being advertised online