Renovating a Property in Ibiza – Everything you need to know!

Renovating a property in Ibiza can be a very rewarding experience! A perfect opportunity to create your dream home with character and a style all of its own. If the planning and renovation process is done properly, the investment can also pay off with an impressive return.

However, serious property renovations can also be very challenging. A lack of effective planning, previous analysis and project management can cause renovation projects to eat up money and cause a lot of unwanted stress. 

For us at Prestige Properties Ibiza and for our clients, we feel the benefits far outweigh the risks. With the right knowledge and team behind you, renovating a property in Ibiza, be it a traditional finca farmhouse or restructuring an entire villa property, can be an incredibly exciting journey that is definitely worth the effort and the final result.

So, if you are looking to buy a new house in Ibiza with a view of renovating, then check out our guide below on Renovating a Property in Ibiza – Everything you need to know! which contains everything you need to know about renovating a property in Ibiza.



Property Renovations in Ibiza – Initial Considerations

When considering any aspect of the property market in Ibiza, it is important to be fully informed. Renovating a home can be a complex process that can lead to unforeseen problems and costs, so being well prepared is key to any successful renovation project. 

Properties in need of a renovation can usually be found and bought through local real estate agencies. However, finding a property with the right renovation potential in the right location through a trusted agent is the first step.

If you go any further than a replacement of installations and paintwork, our first (and, as you will learn, ultimate) recommendation is to seek the advice of a qualified, local architect. Despite popular belief, an architect in fact optimises and economises the costs of a renovation (moreover of guaranteeing the quality of the work) and unifies the management of trades and suppliers (masons, plumbers, electricians, builders, suppliers, carpenters, etc.). He is the central figure in the renovation puzzle who will analyse the legal status and the current state of construction of a property and based on this, estimate the legal and material possibilities and average costs of intervention respecting the town’s planning regulations.

So, before you begin your renovation and get started on your project, here is an overview of the different steps you need to consider, ideally in this very order:


Legalities: 

  • Analysis of the property’s current legal status: if it has an original building licence from the Town Hall, if there are any "non-registered" parts and if so, what can be done with them depending on their nature (year of construction, etc.). This is a very important step to avoid problems further down the road.
  • Analysis of the possibilities: the potential of the house in view of the urban planning regulations. Degree of intervention to be performed, maximum of m2 to be extended according to local and regional laws. 

Effective Planning: 

  • Analysis of the current physical state of the property: state of the structure, state of the installations, watertightness, etc…
  • Definition of the renovation and proposal for improvements.
  • Permits and licences: communicating with the Town Hall and applying for the necessary permits
  • Estimation of total costs 
  • Simulation of planning and runtime of project

Execution and Control: 3, 2, 1… Action!

  • Execution of the works. Checking that the works are being carried out to satisfaction on a technical level. More extensive renovations will also require on-site management: coordination of the trades, control of the work carried out and the execution according to deadlines.


Before
After


1. Planning your Ibiza Property Renovation Project Effectively

"Before you begin with any physical works, it is vital to have the big picture and a long-term vision in place. Taking the time in the beginning and creating a really detailed and well-thought-out plan will help with getting accurate building costs before you start the renovation, it will eliminate the need to make rushed (and possibly bad or regretful) decisions, and at the end of your renovation, you will (hopefully!) end up with a consistent look and feel throughout your home that is every bit what you imagined it would be!" – Robin van Den Driessche – Architect & Founder at RVdD Arquitectura


Renovation & Construction Works and Construction Surveys

Often it is not possible to get an accurate idea of the cost or extent of renovation until the property has been acquired and a proper evaluation of the structural integrity and foundations of the existing building has been made. 
It is advisable to obtain a full building survey at the time of purchase to gain a better understanding of the structural and superficial works that need to be considered.

This information can then be used by architects and construction workers before carrying out the necessary work, when renovating your home.

Remember that there is almost always a solution to most structural problems. While these may cause an increase in your renovation budget, identifying them early will allow you to plan better and make the right future decisions.

In Spain it is usually an architect or a technical architect (Arquitecto Técnico) that can carry out the necessary Construction Surveys.


Choosing the Right Architects and Contractors

As mentioned in the introduction, the use of an architect is an invaluable asset to any renovation project and should not be regarded as an optional "extra". The reality is that many of those direct client-builder renovations without an architect or project manager end up with legal problems (extensions without a licence, fines), with construction problems due to poor execution (without a technician to supervise), with cost overruns (without economic control and hidden commissions). Apart from their role in literally managing and overseeing the entire renovation project from start to finish, their experience and training gives them the unique ability to see things from the widest possible perspective. A recommended architect like RVdD Arquitectura can make a real difference to the project, focusing on the finest details while keeping in mind the larger impact of the entire design. Additionally, under the Spanish building regulations and laws, an architect is initially responsible for ensuring that all safety measures are followed during renovation projects. 

To choose a suitable architect or builder, it is advisable to ask for demonstrable references such as photos and plans of renovations already carried out, and if possible ask for photos of before and after the renovation. In them you will be able to see the architect’s ability to transform spaces, and the quality and level of detail of the builder. If they also come recommended by someone you trust (a family member or friend who has already worked with them), it will be a great advantage and a sign of confidence on which to rely.


Extra Tip from Robin:

To carry out a quantity survey of the work is essential in order to be able to compare quotes from different builders. Without them, extra work will appear as you go along and the final budget will go up, which could have been avoided with a more accurate forecast.

Before
After


2. Creating an Efficient Timeline 

A typical renovation schedule depends on the type of project and on the location of the property. To estimate a deadline and create an overall timeline, three things should be taken into account.


Management of Permits and Licences in the public administration

The management of permits and licences with the public administration varies according to:

  • Type of renovation: If it is a simple renovation (change of interior partition walls, coverings and materials) with a "Previous Communication" (Comunicado Previo) it can be started at the same moment of notifying the Town Hall. If it is more complex (modifying the façade, habitability and number of bedrooms, or touching something structural) then an Urbanistic Licence must be applied for, and it can take from months to a couple of years.
  • Type of land category. If it is urban, the concession of a license is quicker than in rustic land, as in the latter the applications go through more public bodies (Consell Insular, Patrimonio, Recursos Hídricos). In urban land, for extensions, it is usually 1 – 2 years. In rustic, for extensions, 2 – 3 years.

That is why good technical/legal advice from an experienced professional is necessary from the very beginning.


Design Time 

For renovation works that go beyond changes of coverings and installations, the Town Hall requires an architect’s technical project upon which the license will be based. The estimated time an architect needs to create this project will vary depending on the complexity of the renovation, for a design of a complete renovation of a house of 200-300m2, it could be around a month.


Execution Time

The final timeline of execution will always depend on the complexity of the work. As an example, for a complete renovation of a 200-300m2 property, it could take around 6-8 months.


Before
After


3. Property Renovation Costs

"Renovations often cost more than expected. In most cases buying a second-hand home means that essentials like structure, façades, and installations need a full overhaul. These are costs that are often forgotten as the focus tends to be on the more "beautifying" aesthetic changes you envision for your new home. Here your architect should thoroughly assess your property’s bare necessities and provide you with a detailed list of recommended works and associated costs. This way, you have a clear idea of how much of your budget is left for the more "superficial" changes that you envisioned." – Robin, Architect & Founder at RVdD Arquitectura


Accurate Idea of Initial Costs  

It’s so important to consider all the possible costs involved. Of course, the cost of renovating a house in Ibiza is harder to estimate than the cost of a new build, because until you start, you don’t always know what you’re up against.

An accurate idea of the cost of the renovation can initially be estimated by professionals, however, often it can only be gained once the work has already started, and you can properly assess the structural integrity and foundations of the existing building.


Ongoing & Extra Cost 

Regardless of your budget, you should always allow for a margin for unforeseen items that will not become apparent until after the work has begun.

When obtaining estimated costs, consider site preparation, foundation, professional fees, finishes, installations, landscaping, garden, pool, and taxes. 

Always clarify whether it is a fixed price for a clearly defined task, or an estimate based on currently available information (which may increase dramatically as the actual scope of the project becomes clear). Before you take the plunge, keep in mind that aside from the work involved in renovating a home, there are many additional costs that you should factor in.


4. Legal Information: Local Laws and Regulations for Renovations in Ibiza

"Before embarking on your home renovation journey in Ibiza it is absolutely essential to familiarise yourself with the local urbanistic laws and regulations. Especially here in Ibiza, where even small works require prior declarations or building permits from the town hall. Consult with your architect, in order to be fully informed and aware of possible limitations that might affect your design ideas." – – Robin, Architect & Founder at RVdD Arquitectura


Legal Information: Licenses & Permits

If you are looking for a property to renovate in Ibiza, you must make sure that the local authority Town Hall (Ayuntamiento) has issued the relevant permits. 

In some cases, your chosen architect will need to provide detailed plans for the building project. 

Permits and licenses are required for the following projects:

  • For a simple renovation (coverings and installation replacement), you do not need a license and with a "Previous Communication" (Comunicación Previa) you can start works immediately.
  • For any other type of renovations that include changing the interior layout, structural modifications and façade modifications, an Urbanistic Licence will be required.
  • Since the COVID-19 pandemic, to try to facilitate the administrative procedures, if the renovation is on urban category land, in existing buildings that are legal, the architect can present a "Declaration of Responsibility" (Declaración Responsable) together with the technical project, and start the works immediately (similar to the "Previous Communication"). In this case, the architect assumes and justifies that the renovation complies with the regulations, and can therefore start immediately.

In order to understand the possibilities and limitations of the renovation in question, you (or your chosen architect) must understand and analyse the scenario based on the urban laws and regulations that apply. Each of Ibiza’s five municipalities has its own rules, a "PGOU" or "Normas Subsidiarias". Then there are specific rules within each municipality with Partial Plans, Areas of Action and Detailed Studies that affect some specific areas, which are specific rules only for those areas. And above all, there is the "PTIE" which is a regional regulation of the Consell that regulates above all the rustic land and protects the landscape.

Apart from that there are other state or regional regulations on agricultural land, coastal areas, etc. that also need to be taken into consideration.

In terms of urbanistic laws and regulations it might be fair to say that Ibiza is one of the most complex regions in the whole of Spain. On order to analyse and understand the existing scenario you need to have an experienced professional at your side who understands all the intricate levels on which these laws and regulations operate. Therefore, we would like to reiterate how strongly we recommend working with a trusted, local architect. 


Extra Tip from Robin:

Ensure that both the architects and the contractors have their own insurance in place before they start work on your project. Not only for safety and to protect yourself from personal liability, but also because if you are financing the purchase and the renovation through your bank, only approved tradesmen in Spain are allowed to carry out building works (this ensures they have the correct insurance).

Robin Local Ibiza Architect RVdD Arquitectura


Prestige Recommends: Local Ibiza Architect RVdD Arquitectura

We would like to give a very special thank you to Robin, founder of RVdD Arquitectura for taking the time and sharing his knowledge on this subject with us and our readers. Robin is of Franco-Belgian origin but was born and raised in Ibiza. He graduated from the Val de Seine School of Architecture in Paris and set up his studio "RVdD Arquitectura" on the island in 2011. He specialises in renovations, as well as new-builds, landscape design, consulting, and project management. Over the years he has worked on numerous renovation projects for both international second-home buyers, local residents, and investors. All images featured in this article are examples of some of his works.




Are you looking to Buy and Renovate a Property in Ibiza?

Our team is always ready to help you along your buyer’s journey and ensure you discover your dream home with Prestige Properties Ibiza – contact us today

Thank you for staying updated with us at Prestige Properties. We hope to see you soon!



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    2020 Annual Ibiza Property Market Report and 2021 Forecast

    This 2020 annual property market report and predicted forecast for 2021 has been provided by Prestige Properties Ibiza, which summarises key trends and patterns in the current Ibiza and Balearic housing market, with statistics and impressions from both internal and external sources as documented.
    The analysis covers four significant points and primarily draws upon data and figures received throughout 2019 and 2020.

    The Ibiza Property Market Report has been broken into four sections as detailed below:

    1. The General Balearic Property Price Curve
    2. The Ibiza Property Price Curve
    3. Prestige Ibiza Luxury Housing Market Report 2020
    4. The Forecast for 2021

    The General Balearic Property Price Curve

    The general real estate market across the Baleares has demonstrated a durable and stable rhythm in both consumers and house prices over the past 10 years. Following the financial crisis in 2007, the real estate market took a steep drop from its peak, which later stabilised and found a steady recovery from 2017 onwards.

    Ibiza Property Market - Evolucion del precio de la vivienda en Islas Baleares

    The year 2020 is the first year to have both a marked price and sales drop since 2017, suggesting the overall market is experiencing slight fatigue.
    According to Tinsa (2021), the average house price throughout the Baleares shows a decline of 1.4% throughout 2020.

    However, given the uncertain circumstances relating to the global economic system, individual employment conditions, lockdown enforcements, and travel restrictions related to COVID-19, these statistics are to be more than expected and are a direct result of less movement within the property market industry over the past year.

    This is data further supported by EpData (2021) who also identify a clear drop in property sales across the Baleares from 2019 to 2020. Published data by the General Notary Council declared the number of sale transactions at a total of 1,124 in January 2020, representing a year-on-year decline of 1.92%. This in turn may also have influenced the beginning of house prices gradually dropping, even before the start of the pandemic, although we cannot be certain.

    The Ibiza Property Price Curve

    However, when discussing the rise in the general property market price curve in the Baleares before 2020, one of the most notable and major contributions to its recovery and growth lies in the luxury real estate market here in Ibiza.

    Here, we find the inflation of luxury housing as a weighty contributor to the upsurge of the overall general property market price curve, and a palpable influence in the continuing momentum from 2017 onwards.

    Ibiza has become, by comparison to anywhere else in Spain, including the leading cities of San Sebastian, Barcelona, and Madrid, an exceptionally valuable island, with average property prices rising above 56% in the past five years with a year on year progress – El Pais, 2019

    These figures over the past five years correlate with the immense interest and pursuit for homes from non-resident and overseas buyers. The demand for luxury properties has gone from strength to strength, and the Ibiza property market has ever since seen a rise in the value of our homes.
    This immense pursuit from international clients has led to the high-end property market in Ibiza finding itself with an occurrence of a low supply versus a high demand, and low supply effectively means that many villas and properties are stamped as a rare product.

    Naturally, where there are demand and rarity, areas become highly sought after, and even those smaller, lower costing properties, terrace housing, and apartments have taken a significant leap in value too, creating an unwavering price curve for the whole of the Baleares.

    The Ibiza 2020 Luxury Property Market Report with Prestige Properties

    The year 2020, although unstable in almost every sense of the word, has surprisingly followed the trend of increase here in Ibiza, with similar patterns starting to emerge in 2021.

    It must be noted this ‘increasing price curve trend’ can only be considered when discussing the luxury housing market, whereby the majority of properties in question are related to international second-home buyers, that are seeking and purchasing housing at the top-end of the Ibiza property market values. Our internal statistics from our sales database with Prestige Properties Ibiza between 2019 and 2020 calculated an average increase in price per square metre, from 6.665 to 7.021€ (approximately 6% increase), with the same number of sales recorded.

    Overall a very minor 1.1% decrease was noted on the total Euro expenditure from purchasing properties over the entire year. Even with global lockdowns, business closure for three months, and multiple travel restrictions, the luxury housing market has remained strong, just like our year-on-year statistics which have remained very firm and very positive.

    Ibiza Property Market - Avg. Price per square meters 2019 2020

    Property investment in Ibiza throughout 2020, specifically in the luxury housing market, has been incredibly safe with values very attractive on a global standard.

    Although the general property market price curve and sales demonstrate a slight dip and fatigue over 2020, the luxury real estate across the island of Ibiza, has demonstrated a noteworthy difference to the overall general statistics, with a continuation of increase that is inevitably supporting the overall market happenings.

    The Luxury Real Estate Market

    Ibiza is clearly distinguished by many exclusive and high-end properties. In each municipality prime housing has always been highly sought after. The luxury second-home real estate sales market has been very active throughout the health crisis and our annual statistics have confirmed our speculation (among our partners and collaborators), the interest in Ibiza has grown during the health crisis, with more and more clients looking to fulfill their dream life, in a more natural environment, away from the inconveniences of the large metropoles.

    From February 2020, just before the first announcement of a global pandemic, we see a consistent and steady flow of users over the year visiting our website with the same usual peak over the summer months where tourism enquiries are more active.

    Ibiza Prestige Properties - 2020 - Monthly Traffic (Num. Users)

    The island of Ibiza is an exceptionally diverse culture attracting many communities predominantly from across Europe with International buyers dominating the luxury real estate purchasing market.

    Our internal data demonstrates the majority of international interest throughout 2020 were the British population (23%), with an almost equal distribution of nationalities from France, Belgium, Germany, the Netherlands, and the United States visiting our website as confirmed users.

    Ibiza Prestige Properties - 2020 - Audience Geography

    Whilst the Spanish and Italian nationals came into second and third place, these statistics are more likely to be reflective of the tourism market rather than the luxury housing market, as these two nationalities are not the most common buyers in Ibiza within the luxury real estate market.
    Undeniably, fewer clients viewed properties due to travel restrictions throughout 2020, but those determined to purchase a home in Ibiza, continued on their buyer’s journey successfully, giving us great confidence to face next year with optimism and positivity.

    Our speculation is strongly supported across the board with reports that "Spain’s luxury real estate market remains patient, contemplative and sound. Almost immune to price indentation in other segments of the sector, luxury housing has been sheltered in a trench of owners who resist lowering their properties, knowing that this market plays in another division." – El Pais Economia, 2020

    Since the beginning of the pandemic, peace, and tranquility, away from risk, quarantined cities and schools, ecological land, fresh air, and less overcrowding are high on the buyer’s agenda.

    Ibiza Property Market Forecast 2021

    House prices in the luxury Ibiza property market are expected to remain stable in 2021 with anticipated growth and continued progress at a steady and stable rate.

    It is still undoubtedly the international buyers and overseas investors who continue to be Ibiza’s leading audience with second luxury homes being the main conclusive factor for this continuation in momentum, setting the scene in the luxury home sector both now and in the future.

    With the consideration that the early months of any new year are relatively quiet for any industry, the current interest in the early part of Q1 2021 has already seen a determined continuation of an increase in both property values and sales. We anticipate a very mature and sustainable market consisting of long-term stability, growth, and strength, which indicates a continuous and positive future market in 2021.

    The anticipated drop of sales and property prices across the Baleares due to the pandemic excludes the luxury housing market here in Ibiza. However, it must be noted there are no signs of crisis in the property economy thus far, and we expect to see a positive continuation of the general Balearic property price curve as we begin to move towards normality in the future.

    Consideration must be given to the potential opportunities available across the general Balearic market. Smaller plots of land and housing investments currently valued at lower rates are likely to have a very short expiry date. Once the pandemic relaxes and we begin to return to normality, these opportunities will likely cease to exist as property prices are likely to get back on the same path of increase as before, especially as the luxury housing market and desirability for Ibiza has not wavered in the slightest over 2020.

    Prestige Properties ‘Fun Facts’ 2020

    With the 2020 Ibiza Property Market Report and 2021 Forecast heading in the right direction for a positive future, we thought it would be fun to add a few additional points to our article. Here are a few of our top viewed properties over the course of the year. We hope you enjoy ‘through the keyhole’ at our most desirable luxe properties below.

    Penthouse Es Pouet – 17,488 views

    Asking Price: 3,295,000 € – Removed from Market for a Long Term Let Agreement

    Penthouse Es Pouet Ibiza
    Penthouse Es Pouet Ibiza
    Penthouse Es Pouet Ibiza

    Villa Calypso Cala Salada – 12,807 views

    Asking Price: 2,350,000 € – SOLD

    Villa Calypso Cala Salada
    Villa Calypso Cala Salada
    Villa Calypso Cala Salada

    Villa Estels San Mateo – 8,532 views

    Asking Price: 5,950,000 € – SOLD

    Villa Estels San Mateo
    Villa Estels San Mateo
    Villa Estels San Mateo

    Looking to buy a property in Ibiza?

    Do you have any questions or need more info?
    Send us a message and we will get back as quickly as possible!

      The benefits of living in the countryside – why Ibiza is an ideal option

       

      Living in the countryside, surrounded by nature, and incorporating a more sustainable lifestyle has never been a more desirable life choice, than this year 2020, since the start of the pandemic.

      From the summer of 2020 and onwards, the media have been reporting the consistent interest of the general population to escape from the globe’s busiest cities and to return to the countryside, whether in the short or long-term. People have been actively fleeing overcrowded cities, noise, and pollution, and alternatively seeking a drastic change, with life out in the open, in quiet and sparsely inhabited spaces; all to be as far away as possible from the adverse effects of the virus.

      One of the main benefits of living in the countryside is the purity of the air. The reason is very simple, the low volume of vehicles and environmentally damaging components mean air pollution is low. In fact, a study by the UK’s Department for Environment, Food and Rural Affairs reveals that people living in the countryside have fewer respiratory problems due to this very reason.

      COUNTRYSIDE OF IBIZA

      Personal well-being and the practice of "Slow Living" is also a key benefit of countryside living. A lifestyle that invites individuals to become more aware of themselves, achieving a greater connection with Mother-Nature, and ultimately appreciating all that is good and beautiful in their surroundings and daily lives.

      Imagine the scent of a wild rose… Or the sound of goldfinches singing and fluttering around at sunset… In practicing mindfulness, we learn to appreciate the beauty of nature and the multiple benefits of the rural world, developing an inherent sense of gratefulness, which is said to increase happiness and general well-being. Through slowing down and developing awareness, we ultimately improve our mental health and prevent disorders such as stress and anxiety.

      Adapting to a "slower" lifestyle can initially feel difficult and the change quite abrupt. However, when considering our sensory dependence on the over-stimulation generated through contact with the city, initial ‘teething-periods’ and uncomfortable feelings are to be expected. Research demonstrates adaptation is usually quick and brings about very positive long-term changes, including an increase in energy due to the improvement of the quality of sleep, and its effectiveness in repairing and restoring cells to optimal health. In fact, in the United Kingdom and Ireland, doctors have begun to integrate into their prescriptions the idea of going for walks in nature as a measure to alleviate stress and improve mental and physical health.

      In July of this year, Esquire Magazine talked about ‘The New Ibiza’, in which it drew parallels with the Ibiza of the ´80s, where visitors flowed with the breeze and to the rhythm of the New Age sound of Sade, connected with nature and its artistic sensitivity. Maybe some of you still remember?

      Living in the countryside: The village of Buscastell, Ibiza

      Today, we wanted to introduce you to one of the "healthiest" and most natural villages on our island: Buscastell. This small village of about 1,000 inhabitants, located between San Antonio and San Rafael, in the center-west of Ibiza, is the picture-perfect setting for those interested in the benefits of living in a rural setting.

      Buscastell is an agricultural area with five square kilometers of fertile and cultivable land, distributed across beautiful Ibicencan terraces on different levels, and, not to mention, where the spring of es Broll resides, the most important aquifer of Ibiza. The feeling here is one of absolute peace and tranquillity.

      Amongst the orchards, the murmur of the water coming from the torrent follows its course with small rises, passing pools, and numerous canals and ditches whose origins date back to the period of Arab domination.

      It is here in Buscastell, where the prestigious architect Jaime Romano, created one of his most renowned projects: Villa Natura Buscastells. The property is the perfect blend of an authentic estate with all the modern comforts for contemporary living.

      This property for sale has a fertile 80,000 m2 plot of land, with enough space to have your own vegetable allotment, and even start a new business venture, using the area’s natural resources in a sustainable way.

      Villa Natura Buscatells Ibiza
      Villa Natura Buscatell in Ibiza's countryside
      Villa Natura Buscatells Ibiza's countryside

      The gardens are filled with flowers, plants, fruit trees, and a large vineyard as well as boasting an impressive 20-meter infinity pool, with plenty of chill-out spaces and outdoor showers.

      The 450 m2 house is located in the southern part of the plot. From the main room and all of the bedrooms, the views overlook the wondrous valley in front. The spacious living room and dining room linked with an open-plan approach and huge sliding glass doors connecting the internal and external areas. The kitchen is certainly one of your favourite spaces, perfectly equipped for authentic Ibicencan and homemade cooking.

      Villa Natura Buscastells also has a total of four spacious and luminous double bedrooms with en-suite bathrooms. The Master is an outstanding room with views over the valley and sliding glass doors that can be hidden into the walls, creating a unique open and infinite feeling with the great outdoors.

      If your dream is to be able to live with your family in Buscastells, don’t forget that the small village also has a public rural school for Infants and Primary School. And if you want to practice sport, there are also many routes and paths for hiking and cycling in the area.

      We want to promote the continuous journey of improving health and quality of life! Everything can start with a simple step; exchanging your busy city lifestyle for a country home on the wonderful island of Ibiza could be the first one to take.

      Interested in knowing more about the Municipality where Buscatell resides, San Antonio de Portmany? Then check out our in-depth guide and property article here.

      Do you have any questions or need more info?
      Send us a message and we will get back as quickly as possible!

        Inside Ibiza’s most Exclusive Villas and Luxury Homes

        A glance at Ibiza’s most exclusive villas and luxury homes

        Amid the turquoise waters of the Mediterranean, 300 days of glorious sunshine, the picturesque hills of the north, and super yachts adorning the harbours, Ibiza has become a world-renowned destination island for international buyers.

        Our magical white island, once most well-known for its bohemian vibe, natural wonders, and typical resort vacations, has gradually evolved into a place where rich and famous A-list celebrities and influencers come to vacation and permanently reside. This level of "elite island lifestylers" necessitates and demands lavish homes offering the highest standard of luxury. And so, naturally, the exclusive housing market in Ibiza has skyrocketed over the past decade.

        Discover what constitutes a truly exceptional property and confidently guarantee an exclusive home. No matter what is on offer, be it a rare architectural gem, an immaculate finca, impeccable interior design, rarity, or simply a divine location with breathtaking views – we’ve seen it all and covered it all.

        Villa Ibiza sea view

        The history of Ibiza’s luxury housing market

        Over the past 50 years, the property and tourism markets have snowballed. The late 1960s and early 1970s were a time when Ibiza was more rural and humble before real tourism started on the island. In the late 1970s and early 1980s, Ibiza saw an influx of celebrity visitors. Many famous artists, including Freddie Mercury, George Michael, Grace Jones, and Jimi Hendrix, frequented the island. As a result of this tourism development, cultural change, and high-profile celebrities visiting, the island reached a much higher standard than before.

        By the late 1980s, Ibiza became a reference point for the ‘disco tech’ culture, where people came from all over for the nightlife and clubs. Motorboats and super yacht chartering also became huge industries, pushing the travel economy into a high-class destination.

        In a short period, property development opportunities arose. These opportunities attracted famous architects, and investors, who renovated old fincas farmhouses into artisan vacation homes. They also started to build white complexes and contemporary exclusive homes.

        After Ibiza Old Town was declared a World Heritage Site by UNESCO in 1999, and much of Formentera was also declared a Natural Reserve, it only added to the island’s cultural and natural wealth. Since then, property prices and the travel economy have skyrocketed, but what does an exclusive or luxury property in Ibiza look like?


        The essence of exclusive and luxury properties in Ibiza

        There are many meanings to the terms ‘luxury’, ‘exclusive’, and ‘prestige’. Defining such terms, especially in the housing market, can vary greatly depending on the person in question. Depending on who you ask, luxury means different things!  

        On the white island of Ibiza, we tend to define luxury by those homes at the top of the property market, both for purchase and rental. Typically, these are villas and houses with price tags over a million, expansive grounds, high-end fixtures and furnishings, or spectacular island views. As a result of their exceptional sophistication, size, and location, they make an excellent investment for the right buyers.

        Some of the most exclusive homes come with full-service property managers and household staff, so their standard of luxury extends beyond the property itself. In other words, such homes aren’t just unique and unparalleled compared to the general market. In addition, they also require skilled and trained personnel for maintenance, care, and hosting their guests or owners.

        And, of course, there are some pretty spectacular properties out there. Take a look with us, region by region!


        Ibiza’s exclusive villas and homes by municipality

        As far as the location is concerned, Ibiza is divided into five municipalities, Eivissa, Santa Eularia, Sant Antoni, Sant Josep and Sant Joan. It is important to remember that each region offers a unique culture, which can also be reflected in the types of homes and the values of properties in each area. 

        Although each area has its own variety of luxury properties, most of the high-end properties on the market are mainly located in Sant Josep, which is renowned for its luxury and large-scale homes. Santa Eulalia follows swiftly behind, with San Juan displaying the highest value per square metre regarding sales. However, this is largely due to a very low supply versus demand scenario compared to an accumulation of properties.

        Sabina Estates Ibiza Cala Tarida

        There are also many private urbanisations and gated communities in San José and Santa Eulalia municipalities where you can find these status homes, like Roca Llisa, Can Rimbau, Vista Alegre, Can Furnet, Cala Conta 33, Sabina Estates, and The White Angel.

        Dalt Vila and Marina Botafoch are also very competitive for luxury apartments or triplex homes. Dalt Vila offers stunning authentic properties with interesting, novel-like architecture and interiors. 

        In contrast, Marina Botafoch provides high-class modern-contemporary luxury. These homes attract high-profile families and individuals seeking concierge and security services. Property prices here start at 1 million euros for penthouses.


        Take a look at our most recent exclusive and luxury villas and homes for sale in Ibiza 

        Our team is always ready to help you along your buyer’s journey and ensure you discover your dream home with Prestige Properties Ibiza – contact us today!

        Do you have any questions or need more info?
        Send us a message and we will get back as quickly as possible!

          [Interview] Ibiza 2020 and Property Market Update with Prestige Properties Ibiza

          A new interview with Victor, Partner & Sales Director of Prestige Properties Ibiza, about Covid-19 in Ibiza and the effect on the Island’s Property Market

          What is open and available for tourists visiting the island this summer 2020?

          The summer of 2020 has certainly encountered a slow start due to recent global events. However, with national flights between the Balearics and mainland Spain occurring from late June and international flights from July 1st, Ibiza is now officially open for the majority and enjoying a different, yet remarkable tourism season considering the circumstances.

          The good news is, all of the island’s outdoor spaces are now open for public use which includes all the beaches, marinas, outdoor activity spaces such as tennis clubs, golfing, water sports and diving clubs, general group water activities like paddle boarding and kayak excursions, boating as well as land leisure activities such as hiking and cycling.

          Most restaurants, bars and shops are back to business with more places opening each and every day. We have been pleasantly surprised at the atmospheric vibrancy of the food and beverage industry and could not be happier for businesses to be flourishing again. The only main difference when compared to previously, is the night clubs still remain closed.

          Victor, Partner & Sales Director of Prestige Properties Ibiza

          What activities would you recommend for tourists visiting this season and why?

          Ibiza is the ideal island to explore and get acquainted with the beautiful hidden gems on offer. During July, August and most of September the island is usually extremely busy, which often leaves many visitors reluctant to hire a car and hit the road with the intense traffic and lack of parking in so many spots.

          This year is an optimal summer to take a touring opportunity and adventure around different beach coves, restaurants and towns, which may otherwise be less desirable during the height of the season for most.

          We would highly recommend any kind of outdoor leisure activities. Ibiza is an ideal place for cycling, playing tennis, snorkeling, night canoeing and taking a fun day with paddle boards out to sea. There are so many great opportunities and activities across the island to engage in and enjoy Ibiza’s natural side.

          With fewer people this year, these activities feel all the more special and gain an extra sense of wide open space and quiet retreat. There are many companies that specialize in offering tours and activities for visitors to enjoy.

          Formentera is an absolute must visit. With its crystalline waters and white sands, this small sister island of Ibiza will feel very much like a personal tropical island this season. Whether renting a boat or catching the ferry from Ibiza’s Marina or Santa Eulalia, spending the day in Formentera with its spectacular beaches, luxury seafront restaurants and seeing it’s glorious sunsets is nothing short of a perfect summer day in our opinion.

          Cala Saladeta Summer 2020

          What is new in Ibiza this year?

          Every year in Ibiza new and exciting venues open and join the lively social aspect of the island. Here are the top latest additions to our home which we are sure are worth a visit during your next Ibiza holiday!

          Hotel W – Santa Eulalia

          W Ibiza is a much anticipated brand new 5-star seafront hotel boasting of luxury suites, fine dining restaurant, regular nightlife music and Dj sets as well as a stunning health, wellness and spa centre. W Ibiza strikes a pose on the palm-fringed, sand-drenched beachfront of Santa Eulalia. This is where you get to stay and play with a brand that was made for the White Isle. The hotel comes complete with its very own yet separate seafront Chiringuito Blue Restaurant and a Vegan VE Cafe.

          Alma Beach Bar and Restaurant – Port des Torrent

          Alma Beach Ibiza is a brand new boho chic styled beach bar and restaurant situated directly on the beach of Port des Torrent, who are committed to an ibizan lifestyle concept in hospitality. The restaurant offers three different restaurant proposals, sunset, brasas and wellness, with one common denominator: to promote healthy cuisine with top quality ingredients.

          Alma Beach Ibiza is a unique place in which to enjoy the magical moments that the Pitiusa island has to offer.

          Alma Beach Ibiza 2020

          Bam-Bu-Ku – San Antonio

          Bam-Bu-Ku brought to Ibiza by the famous west end O Beach, a new family friendly day experience to San Antonio. A perfect opportunity for anyone looking for a lazy day under the Mediterranean sunshine, overlooking the pool whilst sprawled out on the luxury venue beds, complete with a personal waiter service. Here you can enjoy breakfast, lunch or dinner in a paradisiacal restaurant featuring a wanderlust menu of tropical fusion cuisine.

          Bam-Bu-Ku-Ibiza 2020

          Es Birra – Es Cana

          Es Birra Ibiza is Es Canar’s new socialite place to be if you’re located in the Santa Eulalia area. The old original night club of the 90’s has been taken over by a group of young and innovative individuals where craft beer, a typical gastronomical matching menu and a variety of live music genres exists. Es Birra brings forth a brand new trendy venue with plenty of indoor and outdoor space and an authentic Ibizan tribe.

          ES Birra Es Cana Ibiza 2020

          WOW – San Rafel

          WOW is a house for people to meet, gather and enjoy tantalising cocktails, pure, honest, raw and refined food combined with vintage furniture and retro interiors. It’s everything from a co-working space, to brunches at the weekend, art exhibitions and an array of seating areas to suit any mood.

          How do you think the island will be different without the nightclub tourism scene this season?

          The island is definitely much quieter than usual for this time of the year and we hope this knowledge encourages visitors and potential visitors of tourism, that quieter is in fact safer, with less overcrowding.

          This means we are encountering more families, couples and low key groups of friends from across Europe as a result of the nightclub scene remaining closed and also many of the big tour operator hotels, which is setting a very different tone to the island.

          With less extremes over the summer, the overall atmosphere and vibe has to date been more relaxed and demonstrates a similar collective of tourists, which would normally be seen during low season in Ibiza.

          Formentera beach summer 2020

          What measurements and regulations have been set in Ibiza for health and safety management that tourists and visitors need to be aware of?

          If you are visiting or considering visiting Ibiza in the coming months, we would like everybody to feel reassured that Ibiza tourism and lifestyle is continuing on a positive path and is open for your enjoyment.

          Certain regulations and safety measures are set to keep everyone feeling welcomed and able to enjoy their surroundings whilst still minimising overcrowding. Social distancing measures of 2m and facial masks continue in all indoor public spaces such as shops and supermarkets etc.

          The Balearic Islands recently made an extra adjustment to their current measurements in relation to the health and safety standards for all citizens and tourists who are visiting this season 2020. On Monday 13th July, a minor addition was made, similar to other European countries, whereby facial protective masks must be worn in all open spaces within urban areas, instead of only in closed public spaces.

          Outdoor living and social events such as relaxing on beaches, swimming, sporting activities, eateries, walking and exploring the countryside can continue as normal, mask free!

          The general expectation of the public within these outdoor settings is to maintain respect for one another and uphold social distancing between smaller groups and others as well as reducing overcrowding as much as possible.

          All public businesses including food and beverage industries have been advised on strict health and safety standards including all members of staff checking temperatures before each working shift and the utilisation of masks at all times when serving customers.

          For more information on our current safety measurements please see our recent publication "Summer 2020: The Use of Face Masks in Ibiza" !

          Formentera paradise - pic taken from formentera.es

          Winter in Ibiza

          Do you envision a shift in seasonal tourism or an extension of the summer this year?

          We hope the latter part of the summer season will be stronger compared to the beginning of the main season and for this to continue into the early part of the winter also.

          The main season has started slowly so we hope to see September and October as good months for the local economy. We don’t envision big changes, but ultimately it will all depend on the evolution of the health and well being of the current COVID-19 circumstances and the public here in Ibiza.

          What is the meaning of "Veroño"?

          Veroño is a term made up of two Spanish words, Verano (meaning Summer) and Otoño (meaning Autumn). The term is the way we express the continuation of summer into the autumn months, and the beautiful spring-like after seasons we experience here on the Island from October through to early December.

          The sea remains warm long after the big crowds leave and the weather usually stays warm and pleasant well into November. Most restaurants and businesses stay open until Christmas and for islanders, Veroño is almost like a quiet, tranquil spring setting with the majority of low-season opportunities and social events, including a few authentic parties to mark the end of the season and celebrate with each other. Winter for us starts officially in January.

          Have you ever been to Ibiza during Veroño? Check out our latest blog.

          sunset in Ibiza

          What is exciting about the winter time in Ibiza?

          Peace and rest. For most of us it is time to regenerate and spend quality time with our families, friends and among nature. Work is always quieter, but it allows the opportunity to prepare and get creative with new fresh ideas for the following season.

          What secret hidden gems would you recommend to discover in Ibiza during the off-season?

          During the summer season, many of us are busy working and are unable to find time to take on extra activities, especially under the heat, overcrowding and traffic on the island.

          Winter offers the perfect space and weather to remember why we live here. There are so many beautiful spots to explore, hills to hike and local all-year round restaurants to visit. Ibiza is never short of a beautiful day out and there’s always something new and undiscovered, even for those that have been here as locals for many years.

          Sa Talaia, the highest point on the island offers a fantastic hike with outstanding mountain top views. The hills in San Juan are also of incredible value for nature lovers. To simply experience a coffee in a local Ibizan bar among locals or to visit the natural springs of San Mateo, near Can Suleyetas, and then grab a tasty bocadillo, are simply priceless experiences that residents treasure during the winter time.

          Current Ibiza Property Market

          Are clients’ still actively seeking to buy property in Ibiza and have there been any significant changes in the Ibiza Property Market since the announcement of the Global Pandemic?

          What we have evidently seen to date has been very encouraging. The online interest and activity has remained very strong with an increase in interactions (requests, website visits) from potential and future clients during the lockdown period. It appears many were utilising their quarantine to research and pursue buying their desired property in Ibiza.

          Buyers are far from changing their mind. Since July, viewings have resumed and many clients are arriving on the island to continue their property search now that the flights have reopened. So we can say that all is very active, yes!

          We are generally not expecting the property market to have a drop, mainly because the demand is high and the supply is always very low in Ibiza.

          We would simply advise anyone looking to buy a property in Ibiza to follow their projects and make sure you continue to work with experienced professionals and remain fully informed and updated.

          It is still very early to predict the level of impact in the long-term. There will inevitably be changes and marked impressions on a global scale. However, Ibiza has always proven to be a solid market, so if you are well informed, you will be sure to make a good profitable decision.

          Cana Xica villa Ibiza

          What is the best advice you could offer those considering or currently with a buy to rent property in Ibiza ?

          Individual situations for those looking for buy-to-rent properties and tourism licenses will very much depend on the individual needs, their mortgages, general income and their dependency on tourism rentals as a main source of income.

          However, we would highly recommend any client to consider the long term prospects, have a good strategy about pricing and think about beginning to build a good client base (which can be done by selecting a strong agent). Ibiza is a very desirable tourism hotspot across the globe and is guaranteed to drive revenue in the long-term.

          Future Outlook 

          How has Prestige Properties Ibiza as a business and a team had to adapt to recent events and how do you perceive the near future to look like as a company?

          We all had to adapt during the past few months. Working from home, working part time and taking care of our families. Gaining a new work-life balance has not been an easy time for any of us.

          Proudly, we as a team have worked closely together and hard to improve every part of the business and the service we offer to the island and our clients, which makes us positive about the future. We are ready to work our way whatever comes our way.

          We have stayed open throughout. All our agents have been active. We have been spending more time than ever finalising our website and the presentation of our properties, as well as setting up our new virtual viewings service.

          Potential buyers have still been able to get a closer feel for properties on the market and have been able to fully continue with their buyers journey.

          Do you think the tourism industry will be strongly affected in the upcoming season 2021?

          We will all have to continue to adapt to the circumstances and our ‘new normality’. Many agents have offered 2021 secure risk free bookings and more last minute deals for 2020.

          The important thing to remember is to keep all safety measures and the well-being of the public as our main priority as an island and in business. Ultimately 2021 will depend on the evolution of the virus. We hope 2021 will resume back to normal and see a much improved tourism season, as a company we will be prepared as much as possible in advance for both the best and worst case scenario.

          What can the local community, businesses and visitors do to ensure we are all supporting one another positively?

          As previously mentioned, the general expectation of the public within both indoor and outdoor settings is to maintain respect for one another and uphold social distancing and safety measures.

          It is of utmost importance all visitors respect the beauty of the island and dispose of masks correctly into the recycling bins and not leave for others to clean up, especially on the beaches.

          Lastly, if individuals do not feel fit to travel or feel unwell on arrival, then please follow the guidelines and ensure everyone is kept safe.

          Thanks for staying updated with Prestige Properties Ibiza. We hope you enjoy your stay in Ibiza this season 2020.

          If you are considering travelling to Ibiza this year and are still yet to book accommodation, then why not check out our Ibiza holiday villas on offer.

          Our team members are always ready to help you with your travel opportunities and are happy to assist you with any of your questions, so get in touch with us today!

          Are you considering to buy a property in Ibiza?

          Do you have any questions or need more info?
          Send us a message and we will get back as quickly as possible!

            A Prestige Buyer’s Journey: Meet Joanne and Martin Davison

            Meet Prestige clients Joanne and Martin Davison!

            Both are British nationals and live and work in London. Martin is a Chief Financial Officer and Joanne works as a Sports Nutritionist. In 2019 they purchased a renovated Finca in the centre of the island, Can Coll, which they now share with their two teenage children and their extended family. Read on to find out more about their personal journey of finding their dream home in Ibiza…

            Tell us a little bit about your first experiences in Ibiza…

            Our first trip was a beautifully peaceful experience which was a surprise as Ibiza is renowned as the party place. We fell in love immediately with the beautiful beaches, stunning turquoise water and the positive energy we felt.

            What made you want to buy a property in Ibiza?

            It reminded us of California with its relaxed, international vibe and with lots of trees and vegetation. It has good quality restaurants and beaches, and the whole island is easily accessible.

            What kind of property were you looking for and why?

            We wanted a refurbished property with character and in a rural area that would suit our growing family.

            What points were you willing to compromise on and where did you draw the line?

            We were open-minded about the location and the age of the property but would not compromise on it having character and the general ‘feel’ of the house. We had made a list of our "must-haves" several years previously, and Inge at Prestige Properties worked with us to find the most suitable fit.

            Tell us a bit about your general experience of searching for a home in Ibiza?

            We had been looking abroad for at least ten years for a new home, but when we visited Ibiza, we knew that is where we wanted to settle. Like many people, we had been keeping an eye on properties available via the internet. Still, when we visited Prestige Properties and met Inge, we felt we were in good hands with a high-quality agent and a good range of properties on their website.

            What were the biggest challenges you faced during the search process, and was Prestige able to help you overcome some of these?

            It was difficult to reduce the search to a specific area as you can have fantastic properties in areas you might not think about – you need to be open-minded. You have to trust the agent to guide you. We felt Inge got to know us as a family and directed us to areas and houses that best suited our needs.

            What would your main advice to other home buyers, about to embark on a similar journey, be?

            Use a good local lawyer. Also, think carefully about who you are going to use to exchange your money into euros. There are lots of brokers, but do you trust them with your money? We already had an overseas bank with a euro account, and this certainly helped.

            Overall, what difference do you think working with Prestige made in your journey of finding and buying your dream property in Ibiza?

            Inge at Prestige was incredibly helpful and so cheerful, it was great to work with her.

            Finca in Ibiza
            Prestige Properties IBIZA clients

            Do you have any questions or need more info?
            Send us a message and we will get back as quickly as possible!

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