Professional Home Evaluations in Ibiza – Everything You Need To Know Before Selling Your Property in Ibiza

It can be a testing and complex process to sell a home in Ibiza. Nonetheless, if you work with a knowledgeable agent, you can maximise your chances of a successful, hassle-free sale.

Selling a home in Ibiza takes an average of 10 months. However, there are many things you can do to speed up the process with a little strategic planning and smart thinking.

Here is a guide to help you navigate the process of home evaluations and everything you need to know about selling your property in Ibiza.

Selling Property in Ibiza and Home Evaluation

Is it time to choose a reliable agent to sell your Ibiza property?

You might wonder if you even need an estate agent to sell your Ibiza property – and the answer is: No, you don’t – but you’ll wish you did. It’s not difficult to put up a sales sign and list your property on online portals such as Fotocasa and Idealista. However, working with a professional real estate agency with the right skills, knowledge, and infrastructure will make the whole process much easier – especially when completing a reliable evaluation of your Ibiza home.

You need to find a reliable Ibiza real estate agent to understand the local market dynamics. The demand for various properties, local valuation trends, and factors currently influencing the market, like seasonal fluctuations and increased peak activity, will all be under the belt of an experienced, knowledgeable and trustworthy agent. The best realtors will also take into consideration a property’s legal situation, its location, its immediate surroundings, its age, size, plot, and condition, as well as its style, amenities, and views. In addition, they can offer advice on how to prepare your property for an optimal sale, highlight unique features for increased value, and market it effectively.

Need more convincing? Check out our article here: "15 Great Reasons to sell your property with Prestige Properties". 

Selling Property in Ibiza and Home Evaluation

Getting ready to sell your home in Ibiza and preparing for an evaluation 

Getting a real estate expert to assess your property’s real market value can help you set a realistic sales price, prepare your property to an optimal selling standard, and sell more quickly. 

When a realtor visits your property for a valuation, he or she will conduct an inspection to identify any potential issues that may surface during the buyer’s viewing and to forecast a realistic and competitive price for your property. 

An experienced real estate agent knows how important presentation is for marketing your property effectively and can offer the best advice on how to portray it. Taking these simple steps will optimise your property’s chance of a decent valuation and quick sale:

  1. (un)Dress the home – remove all personal items, declutter and leave it as minimalistic as possible; add mirrors and plants; redecorate in neutral colours; have it as light as possible; remove any signs of pets or sources of unpleasant smells.
  2. Do the repairs – address any minor repairs or maintenance issues. A well-maintained home is more appealing to buyers.
  3. First impressions matter – ensure your home’s well-maintained exterior, with trimmed lawns, clean driveways, freshly painted façades and attractive landscaping.
  4. Professional photos & videos – Market your property well: have the most impressive presentation by taking the highest quality possible photos and videos to promote your property in its most appealing light (this is often included in the service of a professional real estate agency, especially when you sign an exclusive sales mandate).

Knowing the legal requirements and having your property’s documentation prepared will ensure that things will run smoothly and fast, with no unpleasant surprises either for the buyer or yourself. 

The following is a summary of the information required from the seller in preparation for the signature of the title deed (and ideally already in preparation for placing the property for sale so that potential buyers can have quick answers to questions related to the property’s documentation). 

Ideally, you will have: 

  • The Title Deeds to the property
  • Cédula de Habitabilidad (Valid)
  • Licencia and/or Final de Obra
  • Receipts for the local municipal property tax (impuesto sobre bienes inmuebles or IBI)
  • Copies of latest utility bills
  • Details of the community statutes (for apartments and gated communities) 
  • A list of any items of furniture, etc, which will be included in the sale
  • Your residencia card if you have residency status or NIE
  • An Official Energy Certificate (Certificado de Eficiencia Energetica) 

All these documents will help us understand your property’s legal situation, which will both help and impact the valuation process.

For a full list of the legal requirements and documentation needed to sell your property, check out Sellers Guide: How to Sell Your Property in Ibiza 


Getting a Realistic and Fair Evaluation for Your Ibiza Property

In our role as professional real estate agents in Ibiza, we will compare your property with properties that have been SOLD within the last six months with similar attributes. Market prices are always based on final sales prices. We never compare with properties that are still for sale. A slightly higher price can be tested first and adjusted if needed depending on the owner’s personal idea or timeframe. Keeping a bit of a negotiation margin in mind is also a good idea since clients often like to haggle –– but being open to what the market is willing to offer is always recommended especially if you want things to move faster and not drag on endlessly, risking also that your property will lose its value over time due to overexposure on the market.


Are you ready to sell your Ibiza property?

At Prestige Properties Ibiza, our extensive experience in the local market will help you find the right buyer in no time at all. We can confidently sell your home with great satisfaction. 

Our team is always ready to help you with your seller’s journey and will ensure you get the best opportunities with us, so why not get a free valuation with us today?



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

    Is Ibiza a good place to buy a property?

    Is Ibiza a good place to buy a property? The property market in Ibiza has always been reliable. There is no denying that our island’s real estate market has seen a significant influx of residents and foreign buyers, particularly in the luxury segment – and it has undoubtedly become one of the world’s top property hotspots. 

    Its idyllic location and high property demand have made Ibiza a safe investment for quite some time. As the current market stands, investing in a home in Ibiza makes for a secure return on investment, irrespective of whether it is residential, a second home, a villa for tourism rental purposes, or an early project phase property.

    In light of Ibiza’s vibrant property market, we are excited to share our latest market update showing why Ibiza remains a great investment.

    The island of Ibiza is not only an attractive investment but also one of the most sought-after locations in the world. Known for its pleasant climate year-round, natural environment, and extraordinary lifestyle, our island has much to offer. Our island’s picturesque beaches and sunsets, social networks, events, and laid-back lifestyle continue to attract many home buyers seeking a place in the sun where other international and cosmopolitan communities align. 

    Moreover, our island draws in many remote workers and entrepreneurs who can work from anywhere – including those with children due to its quality schools, natural surroundings and level of safety.

    Many visitors from afar are impressed by its increasingly easy international connection (not only direct from London, but direct flights from New York to Mallorca are now available, allowing you to reach Ibiza in approximately 8 hours), making travelling to and from Ibiza much simpler and more enjoyable.

    Prestige Properties presents Ibiza’s Luxury Housing Market 2022/2023

    Soon, we will be taking a look at the housing market statistics once again as we enter the last quarter of 2023. Yet, as far as we can predict and according to our internal insights, we have continued to rise since our previous audit. 

    Our 2022 annual market report and 2023 forecast shows that Ibiza’s real estate market has always been more resilient than our neighbouring Islands and Spain’s mainland. Ibiza’s luxury sector has experienced a considerable upturn since 2020 compared to our peers. 

    Our Prestige Properties Ibiza’s sales data for 2022 show the following:

    • An overall 10% increase in price per square metre between 2020 and 2022 across all areas on the island
    • Our sales volume doubled between 2020 and 2021 – and remained stable throughout 2022
    • An 87% rise in enquiries over the past two years
    • A drop of around 50% in (published) listings (suggesting a high demand versus low supply market)
    • 58% of our buyers purchased a property as a second home

    For our Full Market Report and more statistics, please visit our 2022 Annual Ibiza Property Market Report and 2023 Forecast.

    Overall, following the main boom of 2021 (which saw even higher numbers than the pre-covid highs in 2017), the market remains steady and continues to rise. With fewer sellers on the market, property values are predicted to increase as the race against a low supply continues, making this a good time and Ibiza a good place to buy a property.

    buying and selling of homes in the balearic islands 2022

    Ibiza Real Estate Properties for Tourism and Rentals

    Ibiza generally continues to grow, especially in the hospitality and tourism sectors, making it a premium place to travel. Due to this growth, housing and infrastructure demand has also increased, making it a good destination for those looking to buy a property for tourism purposes.

    Buying an Ibiza property with a current tourist licence is the ideal situation. The application process and legal certificate will already be completed, and, what’s more, regular tourism customers are likely to return to this same property and book their holidays year after year. Buying a property for tourism is a win-win situation. This type of investment will likely be fully booked year after year as the tourism industry is booming and its prestige VIP status continues upward.

    You can learn more about purchasing a property with a tourist licence or obtaining your own in our guide entitled How to Obtain a Tourist Rental License in Ibiza.


    Ibiza’s Real Estate Market for Long-Term Residents and Families

    Our island’s relaxed lifestyle and tranquil environment make it a popular destination for long-term residents, families, and professionals (young and old) who can work remotely. Those who can afford it will naturally prefer a purchased home over long-term rentals (which are also challenging to find). 

    The island is experiencing a sensational rise in interest as internationals and families become more active in their purchasing journeys, resulting in an increase in prices, a decrease in supply, and an increase in demand.


    So, is Ibiza a good place to buy a property and is now the right time?

    Overall, one thing is for sure: You’ll have a better chance of getting a decent return if you buy a property in a highly valuable location, highly sought-after and in constant demand. And, yes, Ibiza is most certainly one of those places!

    Are you looking to buy a property or luxury villa in Ibiza? Well, now is a perfect time!. If you want to view our Buyers Guide or speak with an agent about the current market and investment opportunities, contact us today

    We would be more than happy to talk you through Ibiza’s Real Estate potential.





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