The Future of Real Estate in Ibiza: Key Trends and Insights
Ibiza, famed for its stunning landscapes, vibrant nightlife, and idyllic beaches, has long been a coveted destination for luxury real estate. Its market has consistently demonstrated resilience and appeal, attracting investors and homeowners from around the globe. As global trends continue to evolve, Ibiza is not only keeping pace but also leading the way in several innovative aspects of real estate. Here’s a comprehensive look at the key trends and insights shaping the future of Ibiza’s real estate market.
Technological Advancements: Revolutionising the Buying and Selling Experience
The integration of technology in Ibiza’s real estate sector is transforming how properties are bought and sold. Tech innovations, such as virtual tours, 3D property scans, and augmented reality, are making property exploration more immersive and convenient. These technologies allow potential buyers to take virtual tours of homes from the comfort of their living rooms, significantly broadening the market to international buyers who may not be able to visit in person.
Online platforms are streamlining the buying process, offering detailed property information, virtual staging, and direct communication with agents. This digital transformation enhances transparency, reduces the time spent on transactions, and simplifies the entire process, making it more accessible and efficient for both buyers and sellers.
Sustainability and Eco-Friendly Developments: Responding to Global Environmental Concerns
Sustainability has become a cornerstone of modern real estate, and Ibiza is no exception. There is a growing demand for properties that incorporate green technologies and sustainable practices. Buyers are increasingly seeking homes with energy-efficient features such as solar panels, high-performance insulation, rainwater harvesting systems, and sustainable building materials. This shift is driven by a broader global trend towards environmental responsibility, with many buyers prioritising properties that reduce their carbon footprint and promote energy conservation.
Developers in Ibiza are responding by designing homes that not only meet but exceed sustainability standards, integrating renewable energy solutions and green technologies to create environmentally friendly living spaces that are both luxurious and eco-conscious.
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Impact of Tourism and Remote Work: Embracing New Lifestyles
Ibiza’s economy has long been bolstered by tourism and its appeal as a vacation destination remains strong, with visitors drawn to its beaches, nightlife, and cultural attractions. However, more recently, the rise of remote work has created a new demand for long-term residential properties that cater to digital nomads and professionals.
Many are now seeking homes that offer a blend of work and leisure, with dedicated office spaces, high-speed internet, and tranquil settings conducive to productivity. This trend is transforming Ibiza from a seasonal hotspot to a year-round destination, attracting a diverse range of residents who value its lifestyle and climate. Developers and real estate agents are increasingly focusing on creating properties that cater to this demographic, offering amenities that support both work and leisure, enhancing the island’s appeal as a year-round destination.
International Investment: Sustaining Market Growth
Ibiza continues to attract significant international investment, particularly from high-net-worth individuals seeking luxury vacation homes or investment properties. This international interest is a crucial factor in maintaining property values and driving market growth. Investors are drawn to Ibiza’s unique blend of natural beauty, cultural richness, and exclusivity.
The island’s real estate market benefits from a steady influx of capital, supporting demand for prime properties and ensuring that the market remains vibrant and resilient. This international investment not only boosts the local economy but also enhances the island’s reputation as a premier destination for luxury real estate.
Navigate Ibiza’s Dynamic Real Estate Landscape With Us
The future of real estate in Ibiza is being shaped by a confluence of technological advancements, sustainability trends, shifting market dynamics, and evolving demographics. As the island continues to attract international investors and adapt to new economic and cultural trends, it remains a prime destination for those looking to invest in luxury real estate.
Whether you are a prospective buyer, an investor, or simply an admirer of Ibiza’s timeless charm, understanding these trends is essential for navigating and capitalising on the opportunities in this vibrant market.
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Ibiza Wedding Villa Venues & Exclusive Properties
Choosing the perfect wedding venue is a crucial first step in wedding planning, especially in Ibiza where a diverse range of wedding villa options awaits. However, the process of finding the ideal venue can be more complex than anticipated.
Our rental and wedding venue team strongly advises selecting your desired wedding villa or property early in the planning stages. Apart from needing a venue to accommodate your guests, the availability of your chosen venue will significantly shape the atmosphere of your wedding day. Booking your venue in advance ensures ample time to discover the right fit that aligns with your desired style as a couple and accommodates your guest capacity.
Early venue booking also facilitates a seamless planning process, allowing subsequent aspects of your wedding preparations to progress smoothly and stress-free.
Top Tips for Selecting Your Ibiza Wedding Villa Venue
When searching for the ideal venue to host your Ibiza wedding, our rentals and wedding venue team suggests focusing on these key considerations:
Start with the guest list – This will give you a sense of the capacity of the venue required, and will also allow you to request accurate quotes from other wedding service providers.
Consider your dream location – Determine your guest count to gauge the venue’s capacity and obtain accurate quotes from other wedding service providers.
Be flexible with dates: Avoid locking into a specific date to make finding the perfect venue easier. If a particular date is crucial, plan well in advance (2-3 years is advisable).
Once couples have considered these above points, they can begin the process of finding their ideal wedding venue in Ibiza. When selecting a venue, prioritise authenticity that reflects your personality. Choose a wedding villa style and design that resonates with you both. Remember that while a venue may have looked stunning with a certain theme in the past, it’s important to find a space that serves as the perfect canvas for your unique style and vision.
Ready to find the perfect venue and start planning your dream wedding? Let our experienced team guide you every step of the way.
Ibiza’s Most Exclusive and Luxury Wedding Villa Venues and Properties
Ibiza is renowned for its fine sandy beaches, warm sunny weather, picturesque scenery, and unique culture, making it a popular destination for overseas weddings. With a wealth of luxury white villas, authentic Finca farmhouses, and a diverse selection of properties, each with its own personality, creating a unique wedding celebration in Ibiza is entirely feasible. However, achieving this often involves collaborating with top real estate agents and wedding planners on the island to discover a venue that truly stands out and makes your wedding celebration memorable.
At Prestige Properties Ibiza, we offer some of the most exclusive villas and a range of entirely distinctive venues. Read on to discover our top recommended wedding villa venues in Ibiza that are sure to make your special day unforgettable.
Top Recommended Ibiza Wedding Villa Venues and Exclusive Properties
Perched in Vista Alegre with stunning views of the Mediterranean Sea stretching to Formentera and the Porroig Peninsula, Villa Paradiso is a unique six-bedroom property set amidst picturesque countryside.
This newly constructed rustic stone villa boasts an open-plan layout with sensational reception rooms meticulously designed and furnished to the highest standards. Majestic terraces, a tropical garden of palm trees, and a spacious deck surrounding the large infinity pool make this rustic-style home an impeccable venue for a similarly styled wedding. The villa also offers an array of outdoor lounging and dining areas, including a substantial gazebo equipped with a kitchenette and luxury outdoor dining facilities.
For those seeking an authentic yet chic luxury wedding rental in a breathtaking location, Villa Paradiso could be the perfect spot for your special day.
Can Oasi is an exquisitely designed wedding villa boasting stunning features and a superb blend of modern designs, resort-style amenities, world-class arts, and meticulous attention to detail, ensuring a memorable experience for all guests at your Ibiza wedding.
In addition to its luxurious 25 x 6 metres heated pool, this lavish villa features a private lake with an amphitheatre cinema and a tropical oasis spa, all set within lush tropical surroundings. The moment you step into this beautifully constructed wedding villa, you’ll immediately sense a combination of luxury and comfort like no other.
Can Vistas is a beautifully refurbished 200-year-old finca farmhouse boasting five bedrooms and state-of-the-art features. This unique property blends contemporary architecture with traditional island constructions and offers breathtaking panoramic views of the sea and countryside.
Surrounded by 3 hectares of lush Mediterranean gardens adorned with fruit trees and colourful bougainvillaea, Villa Unica provides an ideal setting for hosting a spectacular wedding. The Gaudi-inspired home includes special amenities such as a fully equipped massage room and a serene mountain-top location, creating a retreat-style ambience perfect for your special day.
Nestled within a lush oasis of virgin fields adorned with almond trees, olive trees, orange, and lemon trees, this unique 200-year-old Ibizan Finca boasts a one-of-a-kind decoration and style, featuring a captivating blend of antique pieces from India, Nepal, Tibet, and Africa.
The 4-bedroom finca farmhouse offers beautiful natural exteriors complemented by a stunning pool, a rustic covered dining area, and various spaces for relaxation and socialising, including a covered cocktail bar area. This setting provides a truly distinctive ambience for weddings that defies simple description and must be experienced firsthand.
Choosing your Ibiza Wedding Villa Venue?
What kind of venue you choose will depend on your personal wedding style, but whatever your preference, we guarantee a spectacular setting with all your desired wedding day requirements ticked off your list.
Prestige Properties’ Wedding Planning Service
At Prestige Properties, we specialise in offering a personalised service and innovative solutions tailored to your unique style. We take pride in our distinctive wedding services, infused with a Mediterranean boho Ibicenco style that embraces the unique landscape and native flora of our island. Together, we can make your Ibiza wedding dreams come true and start planning your unforgettable event in this stunning destination.
Ready to make your dream wedding in Ibiza a reality?
If you are looking to book your Ibiza wedding venue, then we would love to hear from you. Our rental and wedding venue team is fully equipped to help you select a venue that’s right for you and can connect you with some of the best industry professionals on the island of Ibiza to ensure you get the wedding day of your dreams!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Ibiza Wedding Planning: Top Venues & Services
Ibiza is a captivating island—it’s got everything, from stunning natural beauty to a mix of luxury, exclusivity and laid-back bohemian vibes. People worldwide flock to our island for its superb blend of culture and wealth, surrounded by breathtaking spots that set the stage for unforgettable destination weddings.
Ibiza is a standout location for couples looking for a wedding destination that’s anything but ordinary—a true haven that will make your special day unforgettable.
Now, with our new Wedding Planning Service offered by our concierge team, we’re here to guide you through the wonders of Ibiza wedding planning. From selecting the perfect wedding venue to creating a celebration that reflects your unique style, we’ve got you covered.
Explore why Ibiza is the ultimate spot for your dream wedding and how we can provide you with the best service!
Why Choose Ibiza for Your Destination Wedding?
Ibiza is an exceptional wedding destination, renowned for its irresistible charm, natural beauty, and vibrant cultural and entertainment scene. The island boasts diverse wedding venues, from picturesque beachfront settings and serene gardens to historic fincas, modern exclusive villas, luxurious hotels, and private islands. It’s really no surprise that couples choose Ibiza to bring their dream weddings to life.
Embracing the island’s free-spirited essence and rich heritage, weddings in Ibiza are infused with an artistic flair. Here, you can enjoy world-class entertainment featuring renowned DJs, captivating performances, and traditional local entertainers, transforming weddings into truly unforgettable celebrations.
Ibiza is also home to numerous culinary artisans who curate diverse menus, blending the island’s gastronomic traditions with trending global cuisine and a commitment to sustainability. Moreover, our suppliers predominantly work with local products sourced from organic gardens, fresh fish, and quality meats.
Moreover, our skilled floral designers and wedding stylists embellish venues with captivating decorations that draw inspiration from the island’s natural beauty. Our floral designs reflect true Ibicencan style, featuring flowers and plants on our land, and there is the possibility of a distinctive touch to the table decoration with handmade tableware and much more.
Choosing Ibiza as your destination wedding is guaranteed to combine beauty, culture, entertainment, and culinary delights, creating memories to last a lifetime.
What you need to know when planning an Ibiza Destination Wedding
Planning a destination wedding in Ibiza sounds like a dream come true, but it comes with unique challenges that require local expertise and knowledge. One of the first hurdles couples face is navigating the local regulations and legal requirements for hosting a wedding in Ibiza. This is where having a local Ibiza wedding planner becomes invaluable, as we are well-versed in the intricacies of Ibiza’s wedding laws and can handle all the finer details efficiently.
Choosing the right venue is another significant challenge. Ibiza boasts many breathtaking locations, ranging from beachfront settings and historic fincas to luxurious villas and private islands. However, narrowing the options and selecting a venue that aligns with the couple’s vision and budget requires insider knowledge. Our team of wedding planners has established relationships with various venues across the island, ensuring we can help couples find their perfect wedding location effortlessly.
Vendor selection is another crucial aspect of destination wedding planning in Ibiza. From caterers and florists to photographers and entertainment, sourcing reliable local vendors to deliver quality services is essential. Our extensive network of trusted vendors allows us to recommend the best professionals who understand the unique requirements of Ibiza weddings and can execute flawlessly.
Beyond logistics, cultural differences and language barriers can also pose challenges for couples planning a wedding in a foreign country. Having a local wedding planner who is fluent in the local language and familiar with the customs and traditions of Ibiza ensures clear communication and a smooth planning process. At Prestige, we pride ourselves on providing personalised and attentive service, guiding couples through every step of their destination wedding journey in Ibiza.
Your Perfect Ibiza Wedding Planner: Experience, Connection, and Creative Vision
When looking for the perfect wedding planner in Ibiza, it’s all about finding a reputable company that blends experience with personal connection and creative vision. Look for a service with a solid track record on the island. Trust your instincts to find someone who not only understands your vision but also connects with you on a personal level, ensuring a smooth process throughout.
Attention to detail is vital, so choose a service that will ensure every aspect of your special day is flawlessly executed with care.
At Prestige Properties, we specialise in offering a personalised service and innovative solutions tailored to your unique style. We take pride in our distinctive wedding services, infused with a Mediterranean boho Ibicenco style that embraces the unique landscape and native flora of our island. Together, we can make your Ibiza wedding dreams come true and start planning your unforgettable event in this stunning destination!
Planning Your Ibiza Wedding with Prestige’s Concierge Team
When seeking the ideal wedding planner in Ibiza, look no further than this: Prestige Properties’ Wedding Planning Service – a renowned name for over 40 years in the island’s real estate and concierge services. With extensive experience and a multilingual team, we bring unparalleled expertise to the world of wedding planning. Our strong networking connections ensure access to the top venues and local vendors in Ibiza, guaranteeing the best options for your special day.
We understand the importance of personal connection and creative vision at Prestige Properties. Our handpicked team comprehends your wedding dreams and forges a genuine bond with you, ensuring a seamless and enjoyable planning experience from start to finish. We excel in attention to detail, meticulously executing every element of your wedding day with care and precision.
Experience our personalised service and innovative solutions tailored to your unique style. Let’s collaborate to turn your Ibiza wedding dreams into reality. Contact us today to begin planning your unforgettable day in this breathtaking destination!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Living in Ibiza: Life in Jesús
Jesús embodies a chic and cosmopolitan lifestyle set within a refined island locale. Despite belonging to the municipality of Santa Eulària des Riu, southeast of Ibiza, this village enjoys close proximity to Ibiza’s main town, ensuring convenient access to the airport, the renowned Talamanca beach, and popular attractions like Marina Botafoch, Destino, and Pacha.
Luxury tourism thrives in Jesús, drawing visitors with its prime location, elegant village ambience, and sophisticated way of life. The real estate offerings, available for purchase and rental, predominantly feature exclusive, modern villas in the surrounding countryside or within private urban developments. These properties epitomise upscale living, promising residents and guests a lifestyle of luxury and refinement. Read on to explore the allure of Jesús—a haven where contemporary elegance meets Ibiza’s irresistible charm.
Jesús, Ibiza: The Village
The village of Jesús is centred around its exquisite whitewashed church, renowned for housing the most significant artistic heritage among all the churches of the Pitiusas. Over the years, Jesús has become a beloved hub for locals and long-term residents, exuding vibrancy, international flair, and a captivating atmosphere.
Nestled within the picturesque landscape, Jesús is a charmingly compact village, typical of the main villages on the island, featuring detached, authentic whitewashed houses. It boasts many bars and restaurants offering diverse culinary experiences, from innovative modern cuisine to traditional local fare. Opposite the church stands Bon Lloc, one of Ibiza’s oldest restaurants, bustling with life and entertainment as locals gather to socialise and indulge in traditional tapas.
Beyond its culinary scene, Jesús beckons with small independent shops, delicatessens, and fashionable boutiques. The village also boasts a central children’s playground and all essential amenities for daily life.
On September 8th, Jesús comes alive to celebrate its annual festival honouring the local patron saint. The festivities start with a traditional Mass at the church of Nostra Mare de Jesús, followed by a spirited parade resonating with fanfare and drums winding through the streets, offering fresh fruit to Our Lady of Jesús. As dusk falls, the village erupts into a street party adorned with magnificent fireworks visible from afar. Revelry continues into the night with abundant food, drink, and merriment flowing through the local bars and restaurants, ensuring a jubilant celebration to remember.
Jesús, Ibiza: The Beaches
Located near Ibiza Town, Jesús enjoys convenient access to some of the south’s premier beaches, including Playa d’en Bossa, Es Cavellet, and Ses Salines. However, among the beaches closest to Jesús, Talamanca is a favoured destination known for its international ambience and adult-oriented allure. This beach boasts soft sands, and crystalline waters, complemented by a wooden promenade stretching along the bay. A diverse array of bars and restaurants line the shore, from beach bars and clubs to Mediterranean dining establishments and exclusive hotel restaurants.
For those seeking a more secluded retreat, S’Estanyol beach offers a tranquil escape from the bustling crowds of high season. Tucked off the beaten path, this small cove features a rocky entrance to the sea, but a short stroll along the wooden jetty leads to a strip of smooth sand and pristine, crystal-clear waters. Nestled within this idyllic setting is the charming beach restaurant Cala Bonita, adorned with a natural eco-chic decor reminiscent of rustic fishing huts. The restaurant specialises in quality traditional cuisine crafted from fresh local ingredients. Guests can also enjoy the comfort of rented umbrellas, sun loungers, and plush mattresses, ensuring a luxurious beach experience perfect for unwinding under the Mediterranean sun.
Jesús, Ibiza: Recommendations
The area surrounding Jesús presents a plethora of high-class gastronomic and social opportunities. Notable among them are esteemed dining venues like Sa Punta, a refined Mediterranean restaurant; Patchwork, a Lebanese rooftop eatery; Ginger, an Asian bar with a rooftop setting; and Chambao, situated at the luxurious Nobu Ibiza Bay Hotel. This beachfront gem offers a laid-back Chiringuito-style restaurant, perfect for indulging in a leisurely lunch or early dinner with toes in the sand, enveloped by a carefree seaside ambience. The menu features specialities such as grilled fish, authentic Valencian paella, vibrant salads, beautifully crafted cocktails, and a thoughtfully curated wine selection. Dining here promises a delightful escape into culinary bliss amidst the soothing backdrop of the sea.
Jesús, Ibiza: Private Urbanisations
Properties for sale in Jesús include a wealth of exclusive luxury homes perched high, offering commanding views over the stunning bay of Talamanca, Dalt Vila, and the city of Eivissa. Investing in a luxury property in Jesús often entails joining one of the three private communities within the Santa Eularia des Riu municipality: the secure urbanisations of Cap Martinet, Can Rimbau, and Can Pep Simó.
Cap Martinet stands out as one of Ibiza’s most prestigious areas for property investment, attracting VIPs and discerning clients from across the globe. The villas, apartments, and luxury homes here reside in a league of their own, boasting a privileged location near Ibiza Town with private vistas overlooking the exquisite Talamanca beach and Dalt Vila. Within this enclave lies the secluded Cala Roja beach, accessible only by a scenic path, offering a tranquil haven for homeowners and guests seeking relaxation away from the world’s bustle.
For those seeking tranquillity and harmony in Jesús, Can Pep Simó offers an ideal setting. Just minutes from Ibiza’s historic town, properties in Can Pep Simó are conveniently situated, authentic, and family-friendly. Nestled in the expansive countryside, these beautiful homes—designed in the 1970s by renowned architect Erwin Broner—boast spectacular, unobstructed views of Puig Manyá, San Rafael, and Formentera.
The private residential enclave of Can Rimbau, located in close proximity to Ibiza Town, epitomises exclusivity. Like other sought-after urbanisations on the island, properties in Can Rimbau are highly coveted, with rare listings in this prestigious area. Architectural marvels and modern villas of exceptional quality define the landscape here, tucked away amidst the mountains, affording panoramic vistas of the World Heritage Site of Eivissa, Dalt Vila, and the sparkling Mediterranean Sea. Often referred to as the "Beverly Hills of Ibiza," Can Rimbau is a favoured enclave for high-profile business clientele, celebrities, and discerning buyers seeking an unparalleled lifestyle.
Jesús is fashionable for all-year-round living and incredibly popular for regular high-profile tourism. The demand for authentic modern villas and contemporary style homes within private locations, situated in the midst of the surrounding vast landscape with panoramic sea and city views, is why Jesús is one of the leading areas in the Ibiza property for sale and villa rental market. Why not read our article on Santa Eulalia, which highlights Jesús and the municipality’s property opportunities in more detail and find out which area suits your preferences with our informative guide?
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Living in Ibiza: Life in Santa Eulalia del Río (Santa Eulària des Riu)
Santa Eulalia del Río municipality is one of the island’s most popular places of residency. With an array of beautiful, clean beaches, spectacular forestry, agricultural farmland, charming villages, and a golf course –– it hosts a busy and vibrant atmosphere, with most of its amenities open all year round. It’s most cherished for its family-friendly charm and those wishing to embrace a spirited community all year round.
The central town, Santa Eulalia, boasts a delightful blend of local traditions and cosmopolitan influences, with a harmonious mix of longtime native residents and international newcomers. This cultural fusion creates a trendy ambience, ensuring Santa Eulalia remains a much-beloved destination.
Santa Eulalia del Río: The Most Trendy Family-Friendly Town on the Island of Ibiza
Santa Eulalia Town was previously more dated, upholding much of its original 1960s and 1970s appeal. However, although many ‘older’ traditional Ibicencan stores, restaurants, and bars are still scattered throughout the town and operate successfully, a surge of modern projects, 5-star hotels, boutiques, and trending social spots has rapidly started to emerge and continues on an upward trajectory.
Recent investments in the town, including many brand-new apartment complexes, alongside an influx of classy cafes, bars, and restaurants, have begun to label Santa Eulalia del Río as a trendy area for young singles, couples, families, and fashionable crowds. Although not yet quite as renowned as some of the most popular areas of San Jose and the south, these recent developments are increasing the town’s up-market status, enhancing its desirability among more affluent clientele and property buyers.
Santa Eulalia del Río: A Casual Cosmopolitan Lifestyle
The beautiful town of Santa Eulalia del Río offers the perfect blend of modern-authentic white-washed architecture, contemporary new-builds (predominantly along the seafront promenade), winding cobbled back-streets, beautifully paved plazas, a central town hall with a lengthy waterfall feature, and scattered sculptures and monuments throughout. Everything one could need, from retail to food, sports, gymnasiums, yoga and pilates studios, supermarkets, pharmacies, restaurants and bars, is in the many, with plenty of diversity to suit all.
Over the past few years, a fresh selection of inviting spots to enjoy elegance and style has arrived, creating a casual cosmopolitan lifestyle for locals and tourists day and night. Here we find many new trending eco-friendly and bio-health shops, juice bars, vegan and vegetarian restaurants, including the brand new VE-Cafe, artisan bakeries, and coffee baristas, like the award-winning, ethical Spanish Speciality Coffee Roasters, Meke Cafe, as well as a few additional fine-dining eateries.
Additionally, the brand new W Hotel has brought a 5-star luxury experience to the previously quieter and more authentic end of town. With a matching stylish beachfront restaurant, Chiringuito Blue, which sits adjacent to the hotel exteriors, and some regular sunset and evening parties with A-list resident DJs, W-Hotel has undoubtedly strengthened the town’s overall high-end social expectations.
However, the W-Hotel is not the first 5-star promenade hotel in Santa Eulalia del Río. At the opposite end of town, on Santa Eulalia Marina Port, where you will find a multitude of spectacular yachts and sailing boats, lies the grande luxe Aguas de Ibiza. The recently extended hotel, with its high-class suites, offers an incredibly sleek and modern design, a beautiful underground wellness spa, and numerous cocktail, pool, and chill-out zones. Their brand new roof-top terrace restaurant, Maymanta, claims to be the best gastronomical experience in Ibiza, serving fine-dining Peruvian cuisine with outstanding views across the marina and Santa Eulalia town.
Santa Eulalia del Río: The Beaches
Santa Eulalia Town sits perfectly on the waterfront, spanning three beaches, lined by its stunning palm-filled and night-lit promenade. In the summer, the town’s beaches are naturally bustling with tourism but are never too overwhelming, offering plenty of personal space and freedom to move around. The soft sands and shallow turquoise waters are perfect for swimming and safe for younger children, with regular lifeguards monitoring the area. Santa Eulalia is proudly the first and only smoke-free beach in Ibiza, ensuring an environmentally friendly and pleasurable place for all.
For those who wish to experience full relaxation and a little luxury, a spread of boho-chic beach chiringuitos further down the promenade, slightly past the main town plazas, offer full waiter services with lined sunbeds, personal towels, and parasols.
Evening strolls along the promenade are the perfect way to end the heat of the day during the height of the season. The relaxed night scene comes alive with many independent bars and restaurants serving a fantastic array of global and healthy cuisine, boasting seafront and attractive atmospheres.
In those quieter out-of-season months, the clean white sands are often dotted with local children playing whilst their parents relax and soak up the last few hours of the evening winter sun over coffee. It is not unusual to see regular skaters, rollerbladers, cyclists, and runners taking advantage of the quiet winter promenade, all while overlooking the beautiful views towards the mountain of Siesta.
Outside of the town, the municipality of Santa Eulalia del Río in Ibiza boasts diverse beaches, each offering its unique charm. From the golden sands of Cala Llonga to the tranquil coves of Cala Nova and Cala Martina, a beach suits every preference. Families flock to the calm waters of Es Canar, while surfers and water sports enthusiasts gravitate towards the waves of Aguas Blancas and Cala Mastella. For those seeking seclusion and serenity, the hidden gems of Cala Olivera and Cala Boix provide the perfect escape. Whether you’re searching for vibrant beach bars or secluded coves, Santa Eulalia del Río has a beach to cater to every taste.
Walking Santa Eulalia del Río
Venturing around the town of Santa Eulalia del Río offers so much more than first meets the eye. To explore the urban side and beach promenade is a relaxing stroll that can be undertaken in around an hour or so, and will also cover all those back streets with its little unique boutique fashion stores and restaurants. However, if you want to go further afield, there are also plenty of natural coastal paths, little greenery areas at the mouth of the sea, and wonderful authentic walkways leading to the outstanding mountain-top of Seista with beautiful Mediterranean Sea views. These quieter and relatively unknown spots can be easily reached directly from the town centre on foot and are perfect for a relaxed afternoon out in nature, whether with the family, groups of friends, or strolling with a pet.
The area of Santa Eulalia is marked by its central white church, "Puig de Missa," which sits 52 meters above sea level and offers breathtaking views across the town and over onto the mountainside village of Siesta. Although the climb to the top is quite steep on foot, the views and quaint church are well worth the visit, even if only by car.
Alongside the 300-metre long white sand beaches of Santa Eulalia del Río sits the beautiful close-by beaches on the north-east coast, including Cala Pada, Playa Niu Blau, Cala Martina, Es Cana, Cala Nova, and Cala Llenya. These wonderful, family-friendly and humble spots, which rest in spectacular beauty and tranquillity, all run along one long coastal path to the town of Es Cana and onto the final two beaches. Although it is a long journey from one end to the other, nothing is stopping a shorter walking adventure to any one of these local beaches before returning to the main town. The views and coastal walkway are highly recommended and are one of the very best in the area.
The Santa Eulalia area in Ibiza offers many picturesque hiking trails, allowing outdoor enthusiasts to explore the island’s stunning natural beauty. One popular route begins in the charming village of San Carlos, leading hikers through lush pine forests and along rugged coastal cliffs to Cala Mastella. Another favourite is Pou des Lleó, where visitors can trek along coastal paths dotted with ancient watchtowers and secluded coves, immersing themselves in the island’s rich history and scenic landscapes. With trails catering to all skill levels and interests, exploring the Santa Eulalia area on foot promises an unforgettable adventure amidst Ibiza’s natural wonders.
Santa Eulalia del Río offers many opportunities for families, couples, high-profile apartment seekers, and buy-to-rent clients. Potential home buyers are often encouraged to look beyond the well-sought-after areas and onto the neighbouring spots, which offer incredible opportunities to maximise value for money. Buying a property in Santa Eulalia town offers a blend of authentic whitewashed architectural homes alongside many modern villas and some of Ibiza’s most desirable newly built apartments.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Living in Ibiza: Life in Talamanca, Ibiza
Talamanca, a small resort near the city centre, offers a chic and cosmopolitan lifestyle for both long-term residents and visitors. It’s famous for having Ibiza Town’s most popular beach, Talamanca Bay, and is just a stone’s throw from the luxe Marina Botafoch, known for its stunning yachts. The area is dotted with luxury high-rise and penthouse apartments, alongside an array of top-notch restaurants, shops, bars, and hotels.
Ibiza Town’s vibrant centre is a mere 20-minute walk away, offering easy access to its rich cultural scene. In the other direction, a 15-minute stroll will take you to the trendy village of Jesús, home to a selection of fine bars and restaurants.
Talamanca, Ibiza: The Beach
Talamanca Bay features an expansive beach stretching over 900 metres, making it the largest in the municipality. Its generous width accommodates crowds comfortably, even in peak season, and a wooden boardwalk facilitates an easy stroll from one end to the other. The beach is favoured for its safe, shallow waters and shelter from the wind, making it an ideal spot for swimming, kayaking, and pedal boating. It’s conveniently accessible and well-equipped with amenities like bathrooms and lockers, perfect for those looking to enjoy a morning run or sunset yoga session on the promenade terrace.
Lining the beach, various top-notch bars and restaurants remain open throughout the year, catering to every taste. In the height of summer, the beach attracts a diverse crowd, from sun-seekers to those embracing a cosmopolitan lifestyle, yet it maintains its pristine condition and bohemian charm. Despite its popularity among tourists during the busy season, Talamanca Beach is also a beloved spot for locals, who frequent it all year round.
Talamanca, Ibiza: Lifestyle & Tourism
Over time, Talamanca has transformed into a luxurious destination, boasting exclusive boutiques, trendy restaurants and hotels, a marina filled with superyachts, a sophisticated coffee scene, the premier casino in Ibiza, and the extravagant Las Boas de Ibiza Apartments, noted for their rainbow-coloured balconies designed by celebrated architects.
Initially, Talamanca’s appeal was mainly to clubbers who enjoyed the day on its soft, white sandy beaches and explored Ibiza Town’s vibrant nightlife, including the world-renowned Pacha Ibiza superclub, which is just a ten-minute walk from Talamanca Bay. However, Talamanca has evolved far beyond its original allure, establishing itself as a refined and affluent area that attracts residents and visitors alike.
Talamanca, Ibiza: Insiders Recommendations
On the more luxurious end of the dining spectrum, the Nobu Hotel Ibiza offers a lavish setting adorned with natural wood and handmade ceramics, capturing the island’s vibe and attracting numerous visitors from the nearby Marina Botafoch. This 5-star hotel, co-owned by actor Robert De Niro, prides itself on top-notch service, excellent facilities, and diverse dining options. Among these is the internationally acclaimed Nobu Restaurant, renowned for its distinctive signature Japanese cuisine. The hotel’s poolside lounge bar provides an idyllic spot for sipping an aperitif or cocktail, while Chambao offers a relaxed beach Chiringuito vibe, serving fresh seafood and delicate Mediterranean dishes. Additionally, The Bay Cafe is a serene spot to enjoy super-healthy smoothies, salads, brunch snacks, gluten-free choices, and tapas throughout the day.
Destino, a stunning open-air restaurant and luxury hotel owned by the Pacha Group, is situated at the northeastern tip of Talamanca Bay in Cap Martinet. It boasts incredible views of the Mediterranean Sea, Formentera, and the UNESCO World Heritage Site of Dalt Vila and Ibiza Town. Destino is the epitome of elegance with its sophisticated ambience, open-air entertainment, and a selection of cocktails and exquisite food paired with a thoughtfully selected music program.
A short walk from Talamanca Bay is the exclusive eateries of Marina Botafoch, where luxury and fine dining meet. The area is lined with high-end establishments like the Ibiza Gran Hotel, Casino Ibiza, Hotel Pacha, and Club Chinois Ibiza, all set against the breathtaking backdrop of the promenade, offering unobstructed views of Dalt Vila across the Mediterranean. Marina Botafoch is a magnet for VIPs on the island, featuring upscale restaurants, cafes, and bars such as Blue Marlin Marina, Lio, and IT Restaurant, making it a key destination for those seeking luxury and exclusivity.
Talamanca is home to a stunning array of contemporary villas that blend authentic and modern Mediterranean designs. The area is also known for its large selection of new, fully secured apartment complexes, with more developments evolving. Apartment prices in Talamanca average around 8,500 euros per square metre, with average sales prices sitting around 1.5 million euros. The spacious villas in the area, many of which boast spectacular sea views, are particularly attractive to buyers seeking a lifestyle or vacation home, as well as to individuals and retirees seeking a peaceful life in this part of Ibiza Town.
Talamanca is especially appealing to those desiring properties near Ibiza Town, offering easy access to pristine scenic spots and beaches. It provides a family-friendly environment, local amenities, and fashionable spots ideal for summer enjoyment. While Talamanca buzzes with energy during the summer, it maintains a laid-back city atmosphere year-round, enhanced by its prime seafront location and breathtaking views.
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Your Ultimate Guide to Ibiza’s 2024 Summer Season: The 5 Top Unforgettable Experiences!
Get a taste of Ibiza’s 2024 season as we reveal some top experiences ranging from classic to extraordinary. With the island buzzing with activity, narrowing the list to just a few highlights is no easy feat. Nonetheless, we’ve meticulously handpicked the most captivating events and activities guaranteed to take your Ibiza experience to the next level.
From the iconic International Music Summit and the legendary opening parties to immersing yourself in modern contemporary art, each experience offers a taste of Ibiza’s signature charm. But we didn’t stop there. We’ve also included some unexpected gems, such as Bingo Nights at The Standard and the culinary journey from Ibiza Food Tour.
A unique adventure awaits you in Ibiza this season, 2024, whether you’re looking for thrills, swing-dance fun, or something more relaxing. Discover your Ultimate Guide to Ibiza’s 2024 Summer Season: The 6 Top Unforgettable Experiences!
International Music Summit, Ibiza 2024
The International Music Summit (IMS) is a beacon of thought leadership in electronic music, embracing industry, culture, education, and technology. Founded in 2007 by a visionary team including Pete Tong, IMS was born to foster sustainable growth and inspire positive change across the global music landscape, transcending boundaries from the boardroom to the dancefloor.
At the heart of IMS lies its flagship event, IMS Ibiza, an annual gathering held every April. Here, innovators, creators, visionaries, and disruptors dive deep into the crucial topics and issues shaping the electronic music community. From dissecting industry best practices to exploring technological innovations, diversity and inclusion, education, and health and wellness, IMS Ibiza provides a platform for meaningful dialogue and exploration.
IMS Ibiza is a precursor to the legendary nightclub opening parties that begin Ibiza’s summer season. This iconic event sets the stage for the months ahead. It ignites the island with pulsating beats and electrifying energy as revellers come together to celebrate the start of another unforgettable summer of music and dance. And, of course, it ends its 3-day event with one big party within the walls of Dalt Vila.
The 2024 Ibiza Opening Parties
It goes without saying that one of Ibiza’s most renowned attractions is its legendary nightclub scene. The island transforms into a pulsating hub of music, energy, and euphoria as the sun sets over the Mediterranean.
Ibiza’s opening parties, in particular, herald the arrival of summer with a bang, drawing partygoers from every corner of the globe to experience the electrifying atmosphere firsthand. Each nightclub, from iconic venues to hidden gems, offers a unique ambience and musical journey.
Whether dancing under the stars at an open-air venue or losing yourself in the underground beats of a cavernous club, Ibiza’s nightlife promises an unforgettable experience for every reveller. Keep up to date with all the Ibiza party calendars here.
Can Art Fair, Ibiza
Prepare to be immersed in the pulsating heartbeat of contemporary art at the highly anticipated third edition of Contemporary Art Now, set to dazzle from June 26th to June 30th, 2024, at the vibrant FECOEV (Fairs, Congresses, and Events of Ibiza). This dynamic event isn’t just a showcase; it’s a celebration of the cutting edge, a journey into the realms of the fresh and the avant-garde. Here, art transcends boundaries and emerges as a force of constant reinvention, drawing in art collectors and enthusiasts from every corner of the globe.
In the electrifying universe of contemporary art, Contemporary Art Now, or Can Art Fair Ibiza, shines brightly as a beacon of innovation and creativity. With a steadfast dedication to pushing the boundaries of what’s current and exciting, this event embraces the philosophy that there’s only one more current than today: the now. The CAN Art Fair promises an immersive experience like no other, featuring over thirty national and international galleries.
Ibiza Food Tour – Original & Premier
In love with food? Why not go on a culinary adventure with Ibiza Food Tours and experience the rich gastronomic history of the island? The tour is led by knowledgeable guides to discover hidden culinary gems known only to locals, sampling traditional tapas, locally sourced delicacies, and Ibiza’s renowned jamón de Iberico. From Michelin-class tapas restaurants to visits to the island’s premier jamón supplier, each tour promises an immersive experience filled with unforgettable flavours and fascinating tales.
With options for both private and group tours, guests can choose between the Original Food Tour or the Premium Food Tour, tailored to suit their preferences and group size. Book now and prepare to indulge in the culinary delights of Ibiza!
Bingo Nights at The Standard Hotel, Ibiza
Located on the ground floor of The Standard Hotel, Ibiza, Jara’s restaurant sets the stage for a vibrant dining experience that beckons both guests and locals alike. Every Wednesday evening, Jara hosts a special event, ‘Not Your Standard Bingo’, starting at 9:00 PM, promising an unexpected twist to your dining experience.
Amidst the buzz of the bingo game, patrons can indulge in a delectable spread of farm-to-table cuisine and refreshing cocktails served with casual flair. The menu showcases dishes that celebrate the island’s agricultural roots, like the vine-ripened tomato tartare, allowing the quality of ingredients to shine through. With its inviting ambience and enticing offerings, Jara transforms into a lively social hub, inviting guests to savour the excitement and endless possibilities of the evening ahead.
Let us organise your unforgettable Ibiza summer vacation this 2024
During your stay in Ibiza, there are plenty of events, markets, and activities to keep you entertained. We’ve just touched the surface. From wellness retreats to tantra workshops and exhilarating hikes to exploring the island’s hidden gems, there truly is something for everyone. And if you find yourself overwhelmed or short on time, fear not—our concierge team is here to handle all the organising and planning for you. So whether you’re craving a night of VIP dancing fun, eager to explore the vibrant contemporary art scene, or simply seeking a culinary adventure, we’ve got you covered. Get in touch today!
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Living in Ibiza: Life in Sant Joan De Labritja (San Juan Bautista)
In Ibiza’s northern municipality of Sant Joan de Labritja, you’ll find some of the island’s most breathtaking countryside and natural wonders. Whether you’re a visitor or a local, there’s something truly special about immersing yourself in the area’s stunning beaches, epic nature excursions, and sweeping vistas. Tucked away within this scenic landscape is the charming village of San Juan, where tranquillity and a unique culture await. With its quaint whitewashed buildings and traditional architecture, San Juan exudes an old-world charm that’s hard to resist. And let’s not forget about the village square, bustling with cosy cafes and local eateries serving up the best of Mediterranean cuisine. But San Juan isn’t just about pretty views and delicious food – it’s also a window into Ibiza’s rich cultural heritage. From historic landmarks to lively festivals celebrating local traditions, there’s always something fascinating to discover. So, if you’re craving a getaway with a special ambiance, San Juan promises an unforgettable escape into Ibiza’s untouched beauty. It’s no wonder this area has caught the attention of celebrities and elites alike!
The Village of Sant Joan de Labritja, Ibiza
If you’re looking for a truly unique spot to explore on the island, you’ve got to check out the village of San Juan! Nestled atop a gentle slope, this charming little village is like something straight out of a storybook. Picture-perfect white-washed houses with iron balconies and vibrant wooden doors line its quaint cobblestone streets, filling the air with the delightful scent of Mediterranean botanicals and charming gardens. A stunning white church stands proudly in the centre against the backdrop of rustic pine-covered hills. Surrounding it, you’ll find a treasure trove of boutique restaurants, cosy local bars, and charming shops. As you stroll through the streets, don’t be surprised if you hear the cheerful chatter of locals enjoying their morning coffee or going about their daily routines – that’s all just part of the village’s welcoming charm.
In fact, the village has innocently retained much of its original community spirit from the 60s and 70s. One of the very few places left on the island where time seems to have stood still and a strikingly peaceful culture resounds like wind among the trees. Although small, the possibilities offered by this beautiful village are numerous, especially during the height of the season, which are surprisingly a lot more trendy than may first meet the eye -– here’s why!
Sant Joan de Labritja Sunday Market: A Culturally Trendy Hotspot in Ibiza
If you happen to pass through San Juan village during the quieter season or early summer, you might think it’s pretty laid-back and not much going on. But don’t let that fool you! Every Sunday, all year round, this little village comes alive with one of the island’s most famous events: the weekly artisan market. Starting back in 2012, this market has been a hit ever since.
Here, you’ll find crowds flocking in from all over to soak up the lively atmosphere. It’s a real melting pot of cultures, ages, and tourists alike. Despite its tranquil vibe during the week, San Juan turns into a bustling hub on market days. The streets overflow with live music, mouth watering street food, and rows of colourful stalls offering everything from local produce to handmade crafts, unique jewellery, and even healing crystals. You name it, they’ve got it: artisan gifts, leather goods, organic bread, Hierbas liqueurs, and plenty of bohemian fashion to browse through. And let’s not forget about the local art scene – there’s no shortage of talent on display here! So, if you’re ever in San Juan, be sure to swing by the market on Sunday and soak up the vibrant atmosphere. It’s an experience you won’t want to miss!
Gastronomy and Restaurants in San Joan de Labritja, Ibiza
Sundays are where the streets are bustling with life and vitality, giving a true reflection of the local Ibizan spirit. If you’re not enthused about joining the crowds perching themselves on the edge of the street, or in front of the central village church steps (enjoying street food paella with a takeaway beer from the local bar), then you must come prepared beforehand. The village restaurants on a Sunday are almost always fully booked or heaving with customers waiting at the doors, attempting to get a spot of lunch.
The village hosts some fantastic, modern, and high-standard cuisine restaurants, including a traditional bar, two boutique hotels, and vegetarian-only options, which is often less common for smaller authentic villages. Again, during the height of the season it is wise to prepare and make sure you have your table reserved, no matter the day of the week.
Bistro Mondo is your go-to spot for delicious, wholesome dining, offering a unique fusion of global comfort food with a local twist. With a commitment to using ingredients sourced from Ibiza’s small farms and fisheries, their menu reflects the diverse flavours of the world while championing plant-based options and sustainably caught local fish. Whether you’re craving tapas from Spain, pasta from Italy, or a classic French bistro dish, their ever-changing menu promises to delight with the freshest seasonal produce. Here, you can dine in their shaded garden oasis, which doubles as a venue for special events such as their signature 100% natural sourdough pizza nights, featuring local ingredients and Xeixa flour, along with movie nights.
You can’t miss the charming Giri Cafe, right in the heart of the village – it’s a total hotspot, especially for foodies. This place, in the same signature style as their eponymous hotel, The Giri Residence, is well known as one of the top culinary treasures in the north of the island. Their philosophy? Simple: serving up the best quality food made with fresh, local, and seasonal ingredients. And, their menu is a flavour explosion – packed with goodness and vitality. From the outside, it might look like a small boutique restaurant. But step inside, and you’ll be blown away by the hidden gem they’ve got out back: a lush secret garden courtyard for dining. It’s like stepping into a little slice of paradise!
Sabores Naturales is a vegetarian cafe with a modest and authentic style. Their fresh vegetarian menu gives a feeling of visiting grandmother’s kitchen for a home-cooked meal and is one that will keep you returning again and again for more. Beware, they are one of the busiest spots every Sunday!
Remember, Sunday is not the only significant time to book yourself into any of these popular restaurants. Despite being one of the furthest points north, residents and tourists will travel to spend blissful summer evenings dining under the moonlit skies just to get a taste of the unique atmosphere and delicious culinary menus on offer in San Juan.
Festivals in Sant Joan de Labritja – La Fiesta de San Juan – St. John’s Festivities in June
Sant Joan de Labritja or San Juan Bautista (the Castellan version), directly translated in English means Saint John the Baptist. For this reason, you may hear the term St. John’s Festivities (Festes de Sant Joan / Fiestas de San Juan), which is the annual village celebration. On the night of June 23rd, the village attracts multitudes to celebrate this extravagant evening of firecrackers and bonfires. The tradition is thought to scare away evil spirits and eradicate all the bad from our past through the act of jumping over bonfires, and into a new cleansed rebirth before the beginning of summer. Usually, the local Ibizan community takes part in a traditional mass ceremony, then later a street parade throughout the entire village with loud music, folk dancing, fancy dress costumes, fireworks, market stalls, children’s entertainment, and plenty of food and drink is on offer for one big party. And yes, people are still jumping through bonfires as holy-fire all-night long as part of the fun!
Celebrity Appeal of Sant Joan de Labritja, Ibiza
The village’s almost nostalgic lifestyle has drawn considerable attention from celebrities. While not necessarily in the village itself, the surrounding municipality and countryside of San Juan offer a lifestyle of privacy and tranquillity far removed from the island’s tourism bustle. Notable figures like Jade Jagger are drawn to the area, with her familial connection stemming from her father’s frequent visits to the island, particularly during the 1960s and 1970s.
Typical Properties for Sale and Clientele in Sant Joan de Labritja, Ibiza
In the municipality of San Juan, the average price per square metre stands at €10,471.99 (2024), making it the highest on the island and one of the few municipalities experiencing a consistent upward trend over the years. It’s worth noting that properties in this area are always in high demand and relatively scarce.
Typical properties in San Juan often consist of properties situated on large plots of land, often with protected status and very few neighbours. This scarcity and desirability contribute to the premium prices observed in the region. Additionally, San Juan appeals to affluent buyers seeking expansive properties or rental opportunities for agricultural pursuits, thanks to its secluded and serene environment. Moreover, its proximity to pristine beaches adds to its allure, making it an attractive destination for those seeking both tranquillity and natural beauty. To buy a property in San Juan is to desire rustic culture and a humble community lifestyle.
[Updated on the 20.03.2024]
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Ibiza & Balearic Island Real Estate Market Report 2023 & Forecast 2024
As anticipated in our 2022 Market Report and forecast for 2023, the Ibiza real estate market experienced a modest decline in sales over the past year. This decrease can be attributed to various factors, including the global economic slowdown, geopolitical tensions such as the conflicts in Ukraine and the Middle East, and financial uncertainties stemming from inflation and rising interest rates. Despite these challenges, it’s important to note that the market has demonstrated resilience and stability.
Even with a slight dip in demand, the market has maintained a balanced outlook. While asking prices have shown an increase across the Balearics (according to data provided by Idealista), actual sales prices here at Prestige Properties Ibiza have demonstrated a decrease compared to the previous year, as evidenced by municipality prices per square metre where 4 out of 5 municipalities have experienced a decline. This suggests a potential adjustment in asking prices in the upcoming year to align with market trends observed in 2023. However, overall the Ibiza real estate sector remains robust and adaptable. Looking ahead, let’s take a closer look at our 2023 Ibiza real estate market report and predictions for 2024. Please note that this report uses internal and external data to present information on the property market in Ibiza and the Balearic Islands for 2023, along with its projected forecast for 2024.
The analysis covers the following three topics of discussion:
The Balearic Islands’ Housing Market Report for 2023
The Ibiza Luxury Housing Market Report 2023 by Prestige Properties
Predicted Forecast for 2024 by Prestige Properties Ibiza
1) The General Balearic Islands’ Housing Market Summary of 2023
The Balearic Islands have shown impressive resilience over time, as depicted in the graph below. Despite experiencing slight declines in buying / selling and property prices in 2023, the consistent pattern of rebounding after each crisis offers reassurance for long-term investors. This trend underscores the Balearics’ reputation as a secure and enduring investment destination, with the market consistently surpassing pre-crisis levels over the past decade.
2) The Ibiza Luxury Housing Market Report 2023 by Prestige Properties
As anticipated towards the end of 2022, the beginning of 2023 saw a decrease in sales, primarily due to the prevailing global economic sentiment of stagnation and a limited availability of sellers in the market.
As we can see from the graph above, the sales volumes over the past five years seem to mirror broader global economic trends: a decline in the pre-COVID years, followed by a significant surge in the post-COVID years of 2021 and 2022, and now a slight downturn. It remains to be seen whether the 2023 downturn will stabilise or if it will lead to a prolonged downward trend, or whether it is just a short-lived dip. Monitoring the market closely will provide clarity on its trajectory moving forward, but nevertheless, in comparison to 2018, the past year still has a 36% increase in sales volume. Even with a dip in sales volume over 2023, the average asking price per m2 across the whole of Spain, the Balearic Islands and Ibiza has demonstrated a steady increase.
The graph above illustrates an overall significant price increase in Spain, the Balearic Islands, and Ibiza from 2022 to 2023. However, it’s essential to clarify that these prices are based solely on advertised asking prices from the national Idealista property platform, not actual sales prices. For real sales price development in Ibiza, please refer to the graph further down in the report.
The two graphs above illustrate a slight decrease in sales inquiries (demand) alongside a significant increase in the number of properties listed for sale (supply). This indicates a gradual transition from a low supply/high demand market in 2022 to a higher supply/lower demand scenario. Despite this shift, we are still currently in a sellers’ market. The developments in the coming year will determine whether a shift towards a buyers’ market is occurring, if this trend will stabilise, or if it is merely a temporary dip. Although the 2023 data suggests the beginning of a new trend, the next two years will be pivotal in providing more insight and certainty. Monitoring and understanding the market during this period will be crucial in determining whether this shift is permanent or temporary.
Average Price per Square Metre per Municipality in Ibiza in 2023
As mentioned earlier, the change in the balance between supply and demand signals a shift in the market. Furthermore, there has been a decrease in the average price per square metre on the island, indicating a move away from a seller’s market. These figures differ from those presented by Idealista, which primarily focused on asking prices. In essence, property owners may need to reconsider their price expectations. However, this could also present an opportune moment for them to sell their property and capitalise on the evolving market conditions, potentially transitioning towards a buyer’s market.
In general, even with a decrease year-on-year we still can see an overall increase of 17% within a 5 year period (2018-2023). We have noticed a dramatic increase in demand for the municipality of San Antonio, where the average price per square metre has increased over the last few years, although it remains the most affordable municipality on the island, with many rewarding opportunities for buyers.
Eivissa (Ibiza Town) – Average Price & Price per m2 in 2023
Ibiza Town accounted for around 13.4% of our sales volume in 2023. Although the capital’s average price per square metre of 6.268,97 € was slightly lower than in 2021 and 2022, it was still significantly higher than five years ago (20% higher). The most important type of property in the capital was the apartment. In 2023, the average size of an apartment was 73 m2. The houses sold by Prestige Properties in Eivissa in 2023 had an average size of 456 m2 and an average price per m2 of 5,498€.
Sales Volume: 13,41 %
Average Price: 919.700,00 €
Average Price/m2: 6.268,97 €
Average Property Size: 149,75 m2
Typical Property Types: Apartment and House
Municipality
Avg. Sales Price
Avg. PRICE X M2
Eivissa
919.700,00 €
6.268,97 €
Apartment
532.100,00 €
6.526,10 €
House
2.082.500,00 €
5.497,59 €
San José – Average Price & Price per m2 in 2023
As in previous years, San José is the municipality with the greatest interest and volume of sales, high in demand among affluent luxury second-home buyers. It is one of the few municipalities where the average price per square metre is still increasing, even slightly higher than in 2022, with an average of 8023.74 € per square metre. This area accounts for 41.62% of the Prestige Properties’ sales volume in 2023. In addition, it has the greatest mix of properties sold on the island. With apartments, houses and modern villas being the most prominent.
Sales Volume: 41,62%
Average Price: 1.869.230,77 €
Average Price/m2: 8.023,74 €
Average Property Size: 246,62 m2
Typical Property Types: Apartment, Finca, House, Modern Villa, Plot with licence
Municipality
Avg. Sales Price
Avg. PRICE X M2
San Jose
1.869.230,77 €
8.023,74 €
Apartment
466.250,00 €
5.394,53 €
Finca
2.750.000,00 €
13.033,18 €
House
2.227.500,00 €
11.275,61 €
Modern Villa
3.058.333,33 €
6.913,14 €
Plot with licence
1.600.000,00 €
3.855,42 €
Santa Eulalia – Average Price & Price per m2 in 2023
In 2023, the average price per square metre in Santa Eulalia was €6,293 . This price is 23% lower than last year (2022: 8.185 €). However, even with this drop, Santa Eulalia has seen an average of 1.7% increase in its price per square metre since 2018, returning to stable pre-covid and pre-boom levels. Santa Eulalia accounted for almost 30% of our total sales volume in 2023, placing it at second place after San José.
Sales Volume: 29,78%
Average Price: 2.173.350,00 €
Average Price/m2: 6.293, 28 €
Average Property Size: 297,63 m2
Typical Property Types: Apartment, House, Modern Villa
Municipality
Avg. Sales Price
Avg. PRICE X M2
Santa Eulalia
2.173.350,00 €
6.293,28 €
Apartment
824.200,00 €
4.562,94 €
House
995.000,00 €
3.934,89 €
Modern Villa
6.000.000,00 €
9.803,92 €
San Antonio – Average Price & Price per m2 in 2023
At Prestige Properties we have seen the interest in the municipality of San Antonio grow over the years. It is still the most affordable municipality in Ibiza, with many rewarding buyer opportunities. While in 2018, Prestige Properties sold no properties here, in 2023 it represented 9.21% of our sales volume. The average price per square metre is €5,202 which represents a 20% increase from 2019 figures.
Sales Volume: 9,21%
Average Price: 767.928 €
Average Price/m2: 5.202 €
Average Property Size: 137,57 m2
Typical Property Types: Apartment, House
Municipality
Avg. Sales Price
Avg. PRICE X M2
San Antonio
767.928,57 €
5.202,92 €
Apartment
455.100,00 €
4.207,89 €
House
1.550.000,00 €
7.690,48 €
San Juan – Average Price & Price per m2 in 2023
In the municipality of San Juan, the average price per square metre is €10,472, the highest on the island and one of the few municipalities where the price per square metre has been rising steadily over the years. The average price/m2 in San Juan has seen a staggering 42% increase since 2018. It should be noted that properties in the north are scarce. Typical properties in the north are houses with large plots and protected land, with few neighbours, which is one of the reasons for the high prices. The municipality of San Juan accounted for around 6% of our total sales volume in 2023.
Sales Volume: 6%
Average Price: 1.625.000,00 €
Average Price/m2: 10.472 €
Average Property Size: 137,57m2
Typical Property Types: House, Finca
Average Sales Price of each Property Type in Ibiza
Avg. Price
Property Type
2018
2019
2020
2021
2022
2023
Apartment
344.250 €
608.333 €
427.500 €
628.755 €
589.778 €
559.468 €
Finca
1.500.000 €
2.950.000 €
ND
3.153.000 €
2.915.714 €
2.750.000 €
House
1.558.809 €
1.712.647 €
1.650.596 €
2.323.569 €
1.555.384 €
1.784.583 €
Modern Villa
5.400.000 €
2.200.000 €
3.841.666 €
2.970.000 €
4.683.750 €
3.793.750 €
Plot with licence
ND
ND
800.000 €
445.000 €
1.425.000 €
3.850.000 €
Plot without licence
570.000 €
1.100.000 €
ND
871.666 €
ND
ND
Avg. Price
1.342.468€
1.616.956 €
1.793.291 €
1.979.464€
1.474.321 €
1.517.628 €
Deep Dive: Average Sales Prices of Properties that are "as new" vs "to renovate"
In 2023, Prestige Properties sold more new properties than those slated for renovation. Naturally, renovated properties typically command lower average selling prices; however, the difference per square metre between new and renovated properties is modest.
New properties are scarce in Ibiza due to limited space, stringent building regulations, and laws limiting new construction on the island. Consequently, Ibiza is appealing to buyers and investors seeking properties to renovate and resell.
Deep Dive: Reasons for Buying a Property in Ibiza
Ibiza has consistently proven itself as an exceptional investment destination, drawing interest from numerous international investors in recent years. The predominant choice among these investors has been acquiring second homes, either for leisurely holidays or as a respite from the chilly northern winters. In the year of 2023, this trend persisted, with an overwhelming majority—nearly 75%—of our clients opting for properties earmarked as their secondary (holiday) residences.
A noteworthy 14.7% of investors have strategically chosen properties for pure investment purposes, underlining the island’s allure for those seeking financial returns. Equally compelling is the fact that approximately 12% of Prestige’s clientele has chosen to invest in their primary homes, reflecting a genuine commitment to relocating, residing, and engaging in year-round endeavours within the vibrant and captivating landscape of Ibiza. The diverse preferences of our clients continue to underscore the island’s multifaceted appeal and enduring investment potential.
Deep Dive: International Interest and Percentage of Nationalities Buying in Ibiza
Ibiza attracts a diverse mix of cultures, with a significant portion of buyers hailing from European backgrounds. While the United Kingdom has traditionally been a major source, the event of Brexit saw a sharp decline in UK buyers during a period of time, however, in 2023 we see the UK buyers reclaiming their traditionally strong market share in Ibiza’s international clientele, comprising 24.4% of our buyers. However, we have also seen a shift in spending amongst UK buyers, with an increased preference for apartments as opposed to larger properties. This is reflected in the fact that UK buyers represented only 15.05% of our total sales volume.
There has been a notable increase in Spanish and Italian buyers in recent years, signalling a changing dynamic. Spanish nationals emerged as the second-largest group of buyers in 2023, accounting for 19.03% of the annual sales volume across houses, apartments, and plots with licences.
Belgian buyers, constituting 9.8% of our clientele, demonstrated the highest average spending in 2023. This discerning group contributed 18.65% of the total sales volume, showing a preference for larger properties intended as second homes. The evolving demographics of our buyers underscore the broad appeal of Ibiza and the diverse preferences shaping their investment decisions.
Deep Dive: Popular Ibiza Municipalities by Buyer’s Nationalities
In 2023, San José emerged as the top performer in terms of sales volume, accounting for 41.62% of total sales. This area has become a magnet for people of various nationalities. At Prestige, we’ve observed that it’s the most sought-after location on the island, particularly drawing the interest of investors. Meanwhile, San Antonio’s popularity has been steadily increasing over the years. Similar to 2022, in 2023, the majority of buyers were from the UK. San Antonio has become a favoured destination for UK nationals, particularly those who enjoy spending their summer vacations in Ibiza.
Deep Dive: Prestige’s Top-Selling Locations of the Year 2023
Based on the Sales Transaction Volume, the top-selling municipality in 2023 was San José, followed by Santa Eulalia and Eivissa (Ibiza Town). Considering the actual number of properties sold in each municipality, the order changes to San José (31%), Ibiza Town (24%), Santa Eulalia (19%), San Antonio (17%) and San Juan (8%).
Long-Term Rental Interest: an indicator for potential buyers
Amidst limited availability and heightened demand for long-term rental properties, Ibiza persists as a lucrative investment destination for clients pursuing buy-to-let opportunities. Furthermore, for people interested in living here all year round or relocating to Ibiza, buying a property will be more attractive and, with the right budget, easier to find than a suitable long-term rental property.
High Demand vs. increasing supply – is the market changing?
In contrast to previous years, where there was a decline in property supply, Prestige Properties has seen a significant shift in supply dynamics in 2023. The number of new properties listed with Prestige Properties increased notably by 38% compared to 2022. This trend is expected to continue into 2024, indicating a growing trend among sellers to take advantage of favourable market conditions. Amid increasing financial uncertainty and a slight decrease in sales prices, sellers are encouraged to consider selling their property now to capitalise on the current high price levels. At the same time, for prospective buyers, the expanding supply of properties offers a wider range of options to choose from, making the Ibiza real estate market more attractive.
Conclusion: The Luxury Real Estate Market Ibiza 2023
Amidst global challenges, geo-political developments and financial uncertainty, the Ibiza luxury housing market is still flourishing. As one of Europe’s most popular holiday destinations, there is a high level of interest in investing in a property here. It is well known that the Balearic Islands have a very stable real estate market with the tendency to increase prices and rebound even stronger after a global economic crisis.
We can also see that the trend continues, and Ibiza’s average price per square metre is still higher than the overall price per square metre of the Balearic Islands or the Spanish mainland.. Furthermore, the property supply is gradually increasing again, leaving the impression that the market might shift from a buyer’s to a seller’s market in the future.
3) Prestige Properties 2024 Predicted Forecast
As we cast our gaze toward 2024, the landscape of Ibiza’s real estate market points towards a potential shift to a buyer’s market, but a confirmation remains elusive due to incomplete data. The uncertainty is further fueled by geopolitical circumstances and financial insecurities, which may influence property purchases in the coming year.
Sales in the Ibiza real estate market for the year 2024 are anticipated to stabilise, with an observable increase in the number of properties available on the market. This trend may persist, leading to a greater inventory of properties in the following year. Despite this, the current market conditions suggest that it remains a favourable time to sell properties in Ibiza, as prices are currently high. However, the trajectory of future prices is still uncertain, and whether they will stabilise or experience a decline cannot be confirmed yet.
Historically, Ibiza’s real estate market has exhibited resilience, with prices recovering and often surpassing previous levels after experiencing a drop. This characteristic makes the market in Ibiza intriguing for long-term investors who may view potential downturns as opportunities for future gains.
For those considering buying property in Ibiza, the island’s real estate market has demonstrated its ability to bounce back after crises, distinguishing itself from mainland Spain and other real estate markets. Ibiza’s multicultural environment, coupled with a high demand for luxury properties and holiday homes, further enhances its attractiveness for both sellers and buyers.
It is currently a favourable time to sell due to high prices, and potential buyers may find opportunities, given the increase in available property, the historical resilience of the market and the island’s unique appeal.
To navigate this dynamic market successfully, staying informed with real-time updates, seeking guidance from local experts, and considering global economic conditions are essential practices. As the journey into 2024 unfolds, the Ibiza real estate market beckons with both challenges and prospects for those ready to explore its intricacies.
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Living in Ibiza: Life in Es Cubells
Es Cubells is an extraordinary spot with a unique history, authenticity and breathtaking scenery. Even though the quaint village might be the smallest on the island, it remains a leader in vacation villa rentals and luxury property sales in Ibiza. In the sphere of exclusivity, Es Cubells is unbeatable, offering some of the most impressive and sweeping panoramic views.
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One of the Most Traditional and Authentic Villages in Ibiza, Es Cubells
Es Cubells is a small novel-like village that unfolds around a central traditional white Ibicencan church –– gracefully perched on the cliffside. Here, just in front, a charming square takes position and embraces the essence of a typical Ibizan living. There are only two cosy local bars with genuine character and an authentic menu, a modest grocery store, and a humble cultural centre that reflects the village’s heritage. Adding a small children’s park completes the scene, creating a harmonious blend of tradition and community.
The Central White Chapel and Convent, Es Cubells Ibiza
As the only landmark in the village, the Church of Sant Francesc de Paola is commonly known as the Chapel of Es Cubells. This small, white chapel upholds many of its original and authentic traditions, including The Teresa Sisters Convent, and offers a tranquil place for visitors to explore and appreciate.
Es Cubells Panoramic Sea Views and Secluded Beaches
Es Cubells village has been least likely affected by seasonal tourism and still remains relatively quiet even in the height of the season. However, with stunning cliff-top panoramic sea views running from Cap Llentrisca to Formentera, Es Cubells is becoming increasingly popular for regular visitors –– especially for luxury weddings and secluded tourism.
The coastline of Es Cubells is minimalist, with a few small fishermen’s coves, including Es Cubells Beach, Ses Boques, Cala Llentrisca, Es Torrent and Porroig. Due to the typical cliff edge, these tiny cobbled beaches are completely natural, with gravel sands and crystal waters that are as inviting for warm summer swims as they are for deep-water snorkelling.
Restaurants and Attractions Close By to Es Cubells, Ibiza
Es Cubells has plenty of culinary delights and plenty of attractions close by! Ses Boques is a must-visit for seafood lovers. Nestled in a picturesque cove, this restaurant promises a seafood extravaganza and creates the perfect atmosphere for a laid-back and delightful meal. If you like traditional Ibizan flavours, head to Cana Sofia. This family-run spot is known for its authentic cuisine, and its picturesque terrace adds charm to your meal. You can relax in luxury at Blue Marlin if you’re in the mood for a beach club day. During the day, this venue serves as the most luxurious beach spot; at night, it transforms into an energetic party venue. You’ll also find El Chiringuito Beach Club on Es Cavallet Beach nearby. Here, you can soak up the sun and eat some of the finest food on the island.
For scenic views, Mirador Sa Talaia is your destination. You’ll be mesmerised by Ibiza’s breathtaking views, including Es Cubells. And if you’re up for a beach day with mystery, Cala d’Hort overlooking Es Vedra awaits. Here, you can explore beachside restaurants for a delightful culinary experience with your toes in the sand.
Insider’s Knowledge: Cala Llentrisca, Ibiza
Cala Llentrisca is one of Ibiza’s best-kept secrets, a secluded beach hidden from the masses and known to only a few discerning travellers. You can discover a mesmerising coastal path here, a haven for those looking for tranquillity and panoramic views of the Mediterranean Sea.
Despite being safe, this path isn’t for the faint of heart. With varying terrain, including some steep stretches, it requires moderate to difficult hiking ability. This adventure requires sturdy walking shoes! It’s worth it, though, when you see unparalleled views and a secluded waterfront at the journey’s end.
The process of undertaking this exploration demands thoughtful preparation. Pack ample food and beverages and slather on sunscreen to ensure a comfortable journey. The two-hour trek (each journey) to reach the beach promises an experience like no other, but be mindful that there are no amenities or services until you ascend back to Es Cubells.
For those willing to venture off the beaten path, Cala Llentrisca reveals itself as a hidden oasis, offering a serene escape and an adventure etched with breathtaking vistas, all tucked away from typical tourist trails.
How to get to Cala Llentrisca Ibiza!
The walk starts out from the viewing point from Es Cubells church square, making your way to the left of the viewing point, you will find some stairs that lead down to Cueva de la Fuente cave. Follow the path until you reach the tarmacked road and continue past the Vista Alegre residential area until you reach Ses Boques Beach. When you get to the turn-off to the beach, continue along the small rocky path until you reach the very beautiful Cala Llentrisca Bay.
Es Cubells Real Estate Property and Rental Villas
Inviting those seeking a more traditional and quieter Ibiza lifestyle, the village stands out as a rare commodity in Ibiza. The properties here extend beyond mere accommodation to embody luxury villas and extravagant homes. Es Cubells seamlessly weaves natural beauty, cultural richness, and exclusivity together, carving out its distinct identity within Ibiza’s vibrant culture. Known for its exclusive and upscale ambience, Es Cubells charms a sophisticated crowd seeking a more private, serene and secluded setting.
