A freehold townhouse in perpetuity in one of Town Area's historic lanesA rare & distinguished opportunity awaits in one of Gibraltar’s most enchanting heritage enclaves. This freehold townhouse in perpetuity(not a long lease or “virtual freehold”), sits majestically in Boschetti’s Steps - also known traditionally as “Escalera del Tío Pepe” - a truly atmospheric part of Town Area imbued with history, character and architectural splendour.Thought to date from around 1820-1860, the property displays the elegance and proportions of the Georgian-period style with its classic layout, sash windows, lofty ceilings and formal rooms, while retaining the warmth and texture that come with age.Spread over four floors, this substantial family home offers five bedrooms and two bathrooms, combining flexibility with gracious proportions. The formal side is evident in the separate dining room, the open plan reception and kitchen for more casual, modern living, and in particular, a very special master suite occupying the entire second floor - complete with a walk-in wardrobe, a separate dressing room, en suite and it's own private balcony, enhancing that genuine period feel.In terms of size, the house offers about 175.8 m² (1,892 ft²) internally, with an additional 53.5 m² (576 ft²) of external space. On the third floor, there is a spacious roof terrace - perfect for entertaining, enjoying sweeping views over the old town and out toward the Bay, and soaking in Gibraltar’s Mediterranean light.Beyond its physical charms, what elevates this property is its freehold status in perpetuity. You acquire absolute ownership, not tied to lease terms or reversion contingencies - this gives complete control, security, and a permanence thatGibraltar housesoften lack.Set in Boschetti’s Steps, this townhouse is steeped in heritage. Located just off Governor's Street, the Steps are part of a maze of alleys, ramps and lanes that speak to Gibraltar’s layered past - a place honoured with recognition by the Gibraltar Heritage Trust. For a family desiring space, character, and permanence in one of Gibraltar’s most treasured settings, this is an unexpectedly generous and authentic offering.More images to follow, internal viewings being taken nowPROPERTY FEATURES-Five Bedroom Townhouse-Two Bathrooms-Accommodation Over 4 Floors-Private Roof Terrace-Historic Gibraltar Setting-Freehold in Perpetuity-External: 54 m2-Internal: 176 m2-Rates: £405.60 pa Service charges: n/a