Looking to come to Gibraltar to live and thinking about renting?
We can provide you with plenty of great information about properties to let with this extensive renting guide.
If you are looking to rent in Gibraltar, get in contact. We can help you by keeping your details on our vast rental properties database. Once we know your budget and requirements, we can immediately start looking for suitable properties and contact you with the details. If you have an exact date in mind, we can match you with landlords who have similar dates for properties soon to be available in the future.
If there is a particular property you want and available immediately, we advise putting down a holding deposit. The landlord will then take the property off the market until you are ready to move in. Make sure to have all your ID documentation ready, including passport, work permit and employment contract. Some landlords insist on references from a previous landlord.
We can help with our complete renting guide
We strongly advise a fixed-term rental for all initial relocations with the most common being 12 months. Using an agency can certainly help with your search with no letting estate agent fees for tenants.
The process for renting is simple; here are the necessary steps required for drawing up a tenancy agreement:
How to get a draft tenancy agreement:
- According to statutory law, a tenancy agreement is a written contract with a list of terms and conditions stressing the rights and responsibilities of both tenants and landlord.
- It will provide necessary information such as tenants and landlord names, the type of tenancy, e.g., fixed-term or periodic (running on a weekly or monthly rolling basis). It will also set out the agreed rent and payment terms, privacy for tenants, any notice period or break clause information.
- Most landlords insist on a security holding deposit. Rent is payable monthly, with one-month upfront. Your tenancy agreement will have explicit terms explaining why the need for the security deposit and circumstances for withholding sums, e.g., damage or unpaid rent or bills. In Gibraltar, the landlord can take responsibility for the security deposit.
- Attached to the tenancy agreement will be an inventory to sign by both landlord and tenants. It is crucial to check off each item before initialling. Ensure each item in the property matches the inventory description as this will ensure a smooth return of your deposit at the end of the term.
Once you have your draft tenancy agreement, we will help you draw up the final rental contract between the landlord and yourself and deal with any enquiries or concerns you may have. We will go through the contract with you, highlighting the critical clauses including break clauses, notice periods, insurance and pet policy. At the end of the tenancy, we will be on hand to ensure the fixed term comes to an end as smoothly as possible.
So, the good news is that, with no agent fees for rentals and no extra tax to worry about, you can be sure to save money in the long term plus having the help of a friendly local agent and property management team, to go over paperwork, including the drawing up a draft tenancy agreement for you to read carefully.
Find the perfect property to rent in Gibraltar
If you are looking for property for rent rather than for sale, here we detail a few examples of rentals in Gibraltar’s fashionable districts to give you an idea of what is available and what you can expect to spend on rent.
Bordering on Gibraltar’s impressive Ocean Village Marina is Gibraltar’s most prestigious new builds, Ocean Spa Plaza. A luxurious studio apartment available to rent immediately will cost around £1,500 per month. Included in the price is 27 m² of high spec fittings and fittings, with a terrace offering spectacular views and full access to the coveted spa and concierge services, plus car park.
Close to the airport is Devil’s Tower Road, and an exciting new concept of studio living offers in a ground-breaking residential space entitled “The Hub.” From only £850 per month, this modern “green” building provides great lifestyle services including a communal gym and social areas, including games room, fully equipped laundry and a concierge service. Perfect studios to let for World Trade Center workers or those wanting to be outside town and close to Gibraltar’s largest beach, Eastern Beach.
Another notable location to consider is Gibraltar’s South District. Properties to rent here start from as little as £1,000 per month for a well-proportioned and spacious two-bedroom apartment on a third-floor residential block, up to approximately £4,000 for a spacious and luxurious 190 m² four-bedroom, two-bathroom duplex penthouse to let with a large terrace overlooking the Bay of Gibraltar.
Queensway is another exceptional location with a variety of rentals to suit most budgets. It is a sought-after area due to its proximity to the harbour, town centre, schools, leisure centre and parks, and boasts a variety of modern residential developments to rent including Queensway Quay, Kings Wharf and Midtown.
Prices vary from £1,000 per month to let a 9th-floor studio apartment in Quay 29. With far-reaching ocean views, communal fitness suite and lap pool, all studios and apartments benefit from quality timber flooring throughout, and designer fitted kitchen and bathroom and parking.
If the budget allows, a gorgeous three-bedroom, two-bathroom garden home available to rent in the charming Cormorant Wharf development for approximately £4,000. A stone’s throw away from the charismatic Queensway Quay’s bars and restaurants. All Cormorant Wharf apartments boast luxury fixtures and fittings, private parking, and communal pool.
You will find many rentals throughout Gibraltar for both residential and commercial. Finding the right real estate agent with local knowledge is crucial, and the team at HABiKONS are ready to help you find your new home and the best rental deals.