Although not governed by Spain, Gibraltar is arguably the most exclusive location
along the southern Spanish coast in which to buy Spanish property. Known fully as
'The Rock of Gibraltar', this promontory leading off the Spanish mainland has been a
British Territory since 1704. The legal tender in Gibraltar is Sterling, and the
government of Gibraltar, together with its judicial system, is based on that of the UK
system.
Gibraltar is connected to the Spanish mainland by a narrow strip of land. The border
between the two countries is open 24-hours each day, and there are no crossing
restrictions. Tangiers, Morocco's main port, is only a short ferry trip away across the
Strait of Gibraltar, and as if to emphasise Gibraltar's proximity to the African
continent, Gibraltar's climate is more akin to that of the North Africa than Spain.
Gibraltar property is almost exclusively huddled on the western side of the main rock
outcrop, overlooking the port. Property for sale consists mostly of flats - if you are
looking for a villa in Spain then Gibraltar may not be the best option for you. As small
as Gibraltar is, there are still new Gibraltar property developments in the process of
construction. These new developments comprise mainly of flats and apartments, and
will be of interest to both British property hunters and Spanish property hunters alike.
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