Retail development offers retail spaces, which can be cyclical and involve multiple stages. Retail development which comes under the category of commercial real estate development can include new stores, shopping centers, or other retail spaces.
Retail development significantly contributes to the generation of tax revenue for the government. Through sales taxes, property taxes, and other levies, the retail sector becomes a reliable source of revenue for public services such as healthcare, education, and supports the overall infrastructure development market.
Investing in real estate in Gibraltar can be appealing for a variety of reasons.
Gibraltar is situated at the crossroads of Europe and Africa, with proximity to Spain and access to Mediterranean Sea trade routes. This gives it a unique geographic and economic advantage, particularly for businesses looking for a base in Europe with easy access to international markets.
Gibraltar offers favorable tax rates compared to many other European countries. It has a corporate tax rate of 12.5%, no capital gains tax, no inheritance tax, and no VAT, making it an attractive option for investors and businesses seeking tax efficiency.
The growing demand for both residential and commercial space presents opportunities for developers to create high-quality, in-demand properties. The relatively small size of Gibraltar means that large-scale developments are rare, but those that do exist can often yield high returns due to the lack of available land.
Gibraltar offers favorable tax rates compared to many other European countries. It has a corporate tax rate of 12.5%, no capital gains tax, no inheritance tax, and no VAT, making it an attractive option for investors and businesses seeking tax efficiency.
Gibraltar shares a border with Spain, making it an attractive location for investors who may also want to take advantage of opportunities across the border, such as in the Costa del Sol. The ease of access between Gibraltar and Spain can also be a draw for those seeking a gateway to European real estate markets.
