Unravelled: The 12 million hotel mystery

Our report that a local hotel was up for sale for over 12 million, caused some surprises. Some readers suggested it was the Eliotts, others that it was the unfinished Maida Vale beyond the old casino.

The hotel in Gibraltar was listed by a property dealer as being up for sale for 12.3 million. But the name of this mystery hotel was not given. Nor the location.

A company called PropertyWorld said the hotel was located within walking distance from Main Street and tourist attractions, such as the cable car and access to the Upper Rock Nature Reserve.

It added that the first 5 floors make up the 4-star hotel, consisting of 95 hotel rooms (aprox. 200 beds).There are 42 apartments from the 6th floor upwards, of 1 bed, 2 bed and 3 bedrooms. These can be sold or used as service apartments.

There are also four levels of underground parking, which provide 100 spaces. That ruled out the Eliott, even if it has a roof swinning pool!

The sales blurb added: The government allows the hotel to build 10/12 stories but the town planner has advised there is a prospect of building up to 14 floors.

This town area property is said to be a leasehold with 1,000 square metre land size. It has no garden.

But it was a mystery where exactly in the town centre of Gibraltar is this hotel located or the name of it.

So, we asked questions. The property dealer came back confirming that it is the Queen's Hotel.




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