Tylee Properties Limited has announced that it will be seeking permission from the Development and Planning Commission for a multi-million pound project close to Devils Tower Road offering the public the opportunity to purchase residential accommodation starting as low as £119,000. 

Should consent be granted, works should commence on creating the 143 studio apartments near the new Holiday Inn Express early 2018 with completion expected twenty-one months later. 

The accommodation has been designed to provide sustainable living with an emphasis on shared facilities: a generous reception area; social spaces; TV and games room; residents’ gym and a shared laundry facility.

“This is a new style of private development for Gibraltar, geared to help address the shortage of residential accommodation at the lower end of the open property market price spectrum.  The location is perfect for residents working at the World Trade Center, the town centre or just requiring easy proximity to the airport or border.” stated Gillaine Dellipiani, Tylee Properties Director.

She added “We are mindful that first time buyers struggle to get on the property ladder in Gibraltar and this development is going to be attractive for those people. And on completion it will be a fun place to live.  The shared facilities will create a real hub of social interaction amongst those living there.  So much so, we just had to call the development The Hub”.

 Interested parties should contact the retained agent, Chestertons.