Earlier today The Hub received outline planning consent for the development of 143 modern studios just behind the new Holiday Inn Express in Devil’s Tower Road.

The development is now on sale with studios starting from £119,000.

Works should commence on the development early 2018 with completion expected twenty-one months later. 

The Hub is a new concept in Gibraltar.  Self-contained studios come with fully equipped kitchens and bathrooms plus a pull down bed / sofa arrangement.  Additionally, there are shared facilities on the first floor: 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 sole agent, Chestertons.  Within hours of launch, 23% of the apartments had been reserved.