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There might not be a more recognisable rock in the world than that which looms high on the Gibraltar landscape.  Serving as a symbol of stability and strength, the Rock of Gibraltar creates quite an imposing image on the Iberian Peninsula.  Surrounding by beautiful sea waters and bustling resorts, this landmark also sits at the heart of a very strong investment hotspot.  Indeed, investment property in Gibraltar is quite attractive for those who can afford the purchase prices.

With a strong and growing tourism industry, very stable economy and tight ties to Great Britain, Gibraltar appeals to many buyers.  We at Nubricks.com would cite the following 10 reasons as those driving investor confidence in investment property in Gibraltar :

1) Gibraltar’s Standing as a British Territory Inspires Investor Confidence

Gibraltar has had close ties with the UK since the 1700s.  Despite some friction between Spain and the UK over the status of Gibraltar, the territory does remain a British holding today.  Its strong ties and very British structure of government very much inspires investor confidence – especially investors from the UK.  The common language, government and culture helps make holidaymakers, expats, retirees and investors feel at home here.  In fact, of the roughly 29,000 residents of Gibraltar, about 3,000 are considered British expats.

2) Gibraltar’s Political Stability is Very Confidence Inspiring for Property Investors

Whilst it is true that there is some dispute between the UK and Spain over Gibraltar’s status, the territory enjoys a governmental structure that is quite stable.  The territory enjoys its own democratic system and residents here overwhelmingly support continued British status.  The general stability of Gibraltar inspires confidence in holidaymakers, expats and investors alike.

3) Gibraltar’s Economic Stability is Very Appealing to Investors in Real Estate

Considering its compact size and low population of around 29,000, Gibraltar’s economic situation is quite impressive.  The 2005 GDP was about GBP 602 million with a growth rate of 6% per annum, which is quite high by European standards.  The territory’s economy is boosted by its tourism, shipping, manufacturing and financial services industries.  When a prosperous region is desired for investment, it is simply hard to top Gibraltar.

4) The Growing Property Market Makes Gibraltar Standout as a Property Investment Hotspot

Whilst real estate prices in Gibraltar are quite high, the property market is considered stable and growing.  With many new developments presently under construction and a strong and growing tourism industry, investors find confidence in Gibraltar property purchases.  Rental returns and resale potential make this market one that appeals to buyers who can afford to get in on it.  Gibraltar is not for the weak at heart however.  Property prices here start in the GBP 500,000 range for off-plan and go up from there!

5) Gibraltar’s Common Ties with the UK Inspire Investor Confidence and Make Others Feel Welcome

Whilst both English and Spanish are spoken in Gib, holidaymakers, expats, retirees and investors all find a very British flavour here.  This is very welcoming for holidaymakers from the UK and other English-speaking countries and helps keep tourism strong.  The overall environment is one that is quite warm and welcoming to visitors and investors.  This helps inspire confidence in Gibraltar property investment and keeps the tourism industry going strong.

6) The Incredible Climate in Gibraltar Makes it Very Appealing to Holidaymakers, Expats and Investors

With its Iberian Peninsula location and seaside frontage, Gibraltar appeals to many holidaymakers and investors simply because of its fantastic Mediterranean climate.  The territory enjoys very warm summers and winters that are quite mild and appealing.  The year-round temperatures that are practically perfect keep the tourism industry alive 12 months a year.  This is excellent news to investors who wish to cater to the holidaymaking market with a buy-to-let strategy

7) Gibraltar’s Geography Lends Itself to Helping Investors Attain Their Goals

From its world-famous rock to the beautiful 12-kilometre shoreline, Gibraltar appeals to holidaymakers, expats, retirees and investors.  The territory is small, about 6.5 square kilometres, but its beautiful beaches and fantastic Alboran Sea location make it stand out.  With more than 7 million holidaymakers coming to Gib per year, the territory certainly offers a great deal of potential to investors.

8) The Strong Tourism Industry in Gibraltar Boosts Property Investor Confidence

Considering its location and ease of access, it makes a great deal of sense that Gibraltar enjoys a thriving tourism industry.  The British government estimates more than 7.8 million visitors come to the territory per year, spending more than GBP 170 million.  The thriving tourism industry bodes quite well for investors who wish to cater to the holidaymaking market.  With rental yields in excess of 6% in most areas, Gibraltar is very attractive to buy-to-let investors.

9) Favourable Tax Structure Makes Buying Property in Gibraltar Very Appealing to Investors

Gibraltar’s tax structure is very appealing to investors who want to hang on to their returns.  The territory caps tax liability, does not require the disclosure of worldwide income and has no wealth, inheritance or value-added tax.  Long considered a favourite tax shelter, Gibraltar continues to shine with investors for is reasonable and even low tax structure.

10) Accessibility of Gibraltar Helps it Appeal to Holidaymakers, Retirees, Expats and Investors

Gibraltar is readily accessible to Europeans both via airlines and direct travel through Spain.  Holidaymakers, expatriates, retirees and investors from the UK all enjoy very easy access with nothing more than a passport.  Roundtrip air travel to Gibraltar is very affordable for Brits.  The territory’s location near Morocco, too, appeals to many travellers.  The accessibility is very appealing to investors who wish to cater to the holidaymaking market.  It also appeals to second home buyers as well.

With its distinct British styling, beautiful weather and incredible location, Gibraltar is an area that appeals to many holidaymakers, expatriates and most especially investors.  With potential here high and taxes quite reasonable, many find this resort territory very much fits their investment strategies.

Source and copyright: http://www.nubricks.com/archives/483/investment-property-in-gibraltar/