Buying a dream home in Ibiza is one of the most exciting things you can do. However, buying and owning a property in Ibiza comes with upfront and ongoing costs that all potential and active buyers must be aware of before signing on the dotted line.
It is crucial to consider the upfront costs associated with buying a property, such as the down payment, closing costs, and fees, but mostly forgotten are the ongoing costs, such as maintenance, taxes, insurance, and utilities, that will inevitably occur. A clear understanding of the costs of purchasing a home in Ibiza will help you determine if you are happy with the annual outlay.
You can find our How to Buy a Property in Ibiza guide on our website; written with our buyers in mind and covering all those essential costs to consider when buying a property in Ibiza. But, in the meantime, let’s be clear about the ongoing costs of owning a property in Ibiza, so you know what to expect, once you call Ibiza your home.
The costs associated with Owning a Property in Ibiza
Multiple tax implications are associated with the cost of owning a property in Ibiza, Spain. To own a home in Ibiza, you must consider all tax implications -– so here’s a quick overview that will help you understand these costs.
Understanding Property Taxes in Ibiza for Homeowners
Your IBI (Property Tax)
The IBI (Impuesto sobre Bienes Inmuebles) is a real estate municipal tax on properties in Spain that must be paid each year by property owners in Ibiza – regardless of whether you’re a resident or not.
To figure the amount, the town hall assigns a value to your property known as the cadastral value. This value will be taxed at the same rate approved by each town hall within the specific municipality.
While IBI is charged as a percentage, the tax bill depends on the property’s cadastral value. This rateable value, in turn, is determined by a number of factors, which include the property’s:
Size and location
Construction costs
Title and lease details
Age and condition
Land characteristics
Proximity to public infrastructure
Using this information, the local town hall compiles a report assessing the property’s rateable value and assigning a taxable "valor catastral" to each property in their area. These records are kept by the cadastral registry (which is different from the land registry office).
When purchasing or interested in a specific property, the best advice is to ask your real estate agent for the most recent IBI bill of that property which will show the exact amount applicable for this specific property.
Your Basuras (Waste Collection Tax)
A local charge needs to be paid at the town hall where your property is located for rubbish removal. Each town hall determines the amount due, which varies from place to place. It is imperative to note that it is still necessary to pay for a property even if it is not occupied during the off-season. The town hall has the right to take legal action if payment is not made within a certain period of time.
Typically, the waste collection cost when owning a property in Ibiza is around 90 euros annually.
An Overview of Maintenance Costs when Owning a Property in Ibiza
General Maintenance Costs
All the additional services designed to maintain the property’s general condition and upkeep are included in the General Maintenance bracket. Property owners should expect annual costs of 1-2% of their property value to keep their houses healthy, fully maintained and stable.
These services may cover anything from basic repairs and house maintenance, home improvements, property management services, pest control, security checks, cleaning, gardening and pool maintenance. These include annual agreements, monthly advanced services, and one-off payments for individual services.
Although these extra costs of owning a property in Ibiza may not feel necessary, the overall investment will ensure that the property’s value moves in line with the Ibiza property market trend (up!).
Home Improvements and Renovation Costs when Owning a Home in Ibiza
Property owners who rent their property will have higher maintenance costs, as rentals often require additional services and rental support which tend to arise from more wear-and-tear than non-rental properties. This may mean a higher budget for general yearly maintenance service is needed –– as well as regular home improvements and renovations to keep your home modern and up-to-date.
The purpose of home improvements is not only to enhance the living experience but also to increase the market value of the property and its rental potential. Landscape projects, energy solutions (e.g. solar panels), better water systems, interior improvements, carpentry, ventilation and construction are all great examples of these services and projects that may be noteworthy costs of owning a property in Ibiza.
Larger Renovation Projects
In Ibiza, renovating a property can be a very rewarding experience, allowing you to create your dream home. It is also possible to reap impressive returns from a renovation project if planning and renovation are done properly – although there will be upfront and ongoing costs involved.
Just as there are costs associated with the buying process, there are also costs associated with selling your property. Please check out our Seller’s Guide, which will walk you through all the relevant and associated costs when selling your property in Ibiza.
If you have further questions about the costs of owning a property in Ibiza, why not chat with one of our agents? They can also assist you in finding a suitable property investment or help you list your house on the Ibiza market.
We would love to hear from you!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Exclusive Homes and Villas for Sale near the Beach in the North of Ibiza
Ibiza is famed for its breathtaking beaches, azure waters, and charming fishermen’s coves. The natural beauty of our island and its impeccable coastal paths have made it one of Europe’s top vacation spots and places to buy second homes, especially for luxury beachfront and sea-view villas.
What could be better than watching the sun rise and set over the horizon of the Mediterranean Sea directly from your home? At Prestige Properties, we have a top-of-the-line portfolio of Ibiza homes and villas for sale near the beach in the most exclusive spots – and we would love to share them with you.
Discover our top favourite properties and luxury homes in the north of the island with seafront views or within a short 15-minute drive from your local beach right here.
Villas near the beach in the north of Ibiza
The north of the island, well-known for its outstanding countryside and untouched beauty, is home to some incredible beaches, nature reserves, and panoramic views. Here, you will find some of Ibiza’s most authentic and rustic beaches, much different from the usual A-list beach hotspots of the south.
Benirrás Ibiza
Known for its authenticity of the 70s, Cala de Benirrás is a sunset dream. This beach in the north can get exceptionally busy during the summer –– especially on Sundays when locals play drums and fill the atmosphere with percussion as they bid farewell to the sun. Here, huge crowds dance and enjoy pleasant vibes, and this picturesque spot comes alive with the true Ibiza spirit. For people who like a little more eloquence and sophistication, Elements Ibiza is the perfect place to soak up the Benirrás atmosphere. As one of the most popular beach restaurants in the north, Elements Ibiza offers a welcoming environment and a spectacular breakfast, lunch, and dinner menu.
Xarraca Bay Ibiza
With its crystal clear water and fine granulated sand, Xarraca Bay is gorgeous. This small beach will make you feel like you’ve stumbled onto your own patch of paradise. You’ll feel Ibiza’s true natural essence here with lush, green forests and rocky terrain surrounding you. When visiting Xarraca Bay, remember your snorkel gear, as the rocky terrains are also submerged underwater with exceptional wildlife and beautiful schools of fish. The area is home to only one typical local restaurant –– Restaurante Cala Xarraca, which serves a wide range of fresh fish and local seafood typical of the island. Locals, residents and fishermen regularly frequent this spot as a more authentic place to enjoy traditional gastronomy and sundown over a little Sangria.
Portinatx Ibiza
On Ibiza’s northern shores, Portinatx is a beautiful resort surrounded by sparkling turquoise waters and gorgeous pine-covered hills. Due to its location on the island’s northeast tip, it has become very popular with both families and couples. A true great escape, Portinatx is blessed with three pale gold sandy beaches. Despite its location away from the buzz of the more crowded areas, this resort is still filled with vibrant nightlife, music bars, plenty of restaurants and even a few late-night clubs. Portinatx is another wonderful place to watch sunsets, which overlooks a peaceful, scenic view of an idyllic landscape.
What’s Special about Buying a Home near the Beach in the North of Ibiza
In the north of Ibiza, you will find some of the most impressive villas and homes on the property market. Many villas offer stunning sea views and sunsets or, as we’ve mentioned, are within close proximity to the beach. But, aside from the luxury of these famed beach spots. What else is unique about buying a home near the beaches of the north of Ibiza?
In the north of Ibiza, home buyers can find authentic charm and modern villas in exclusive cliff-top locations. Property buyers in this area are typically attracted to the island’s less crowded villages and trending rural appeal. Compared to the South, life is more relaxed and slower in these communities, as residents are tight-knit, family-oriented, and enjoy their luxury lifestyle year-round.
In this section, you’ll find some of our favourite luxury villas and homes near the beach in the north of the island.
Let’s Help you Find your Perfect Property for Sale near the Beach in the North of Ibiza
Let’s get talking about finding the right investment property for you. We’d love to hear from you!
Whenever you see a property that meets your needs, we strongly recommend you contact us. Investing in Ibiza is a great option, and demand is almost always higher than supply, so properties often sell quickly.
Take advantage of the opportunity to make an appointment to visit any of our properties mentioned above or others we currently have on the market with us today. We also offer virtual tours upon request.
For regular updates, recommendations, and experiences, keep up to date with our latest news via our social media pages and blog posts.
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.
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
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.
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.
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!
Spanish Golden Visa 2023: Residency through Property Investment
Spain continues to be a popular place for international buyers thanks to its world-class beaches, rich culture, and property investment opportunities. However, Ibiza’s residency and visa requirements often need to be clarified for non-EU residents.
Thanks to the Spanish Golden Visa program, international buyers who are not part of the European Union (EU), European Economic Area (EEA), or Switzerland can now financially invest in Spain and gain a legal permit – offering the opportunity to secure residency in Spain.
Read on for practical insight, the latest information on obtaining a Golden Visa in Spain, and how we can help you!
What is a Spanish Golden Visa 2023?
Spanish Golden Visas are a residency-by-investment program launched by the Spanish government in 2013 as part of their national strategy to boost their economy and attract foreign investment. Often called Spanish Investor Visas or Spanish Residence Permit Programs, the Golden Visa requires property investors to spend a minimum of €500,000 to qualify.
The Golden Visa allows holders and their families to live in Spain and become permanent residents after five years, with the possibility of becoming Spanish citizens after ten years.
Am I Eligible for a Spanish Golden Visa and Permanent Residency in Ibiza, Spain?
The Spanish government provides residence permits to non-EU, non-EEA, or non-Swiss citizens with a qualifying financial investment in the Spanish economy. Permanent residency is then later possible after five years of living in Spain. However, during those five years, you must show you spent less than eleven months outside Spain.
General requirements for Golden Visa Spain:
Primary applicant must be over 18
You must make the required substantial investment
Criminal records must be clean
Applicants cannot appear on the nation’s undesirables list
Applicants must have valid medical insurance
No previous visa or Schengen entry refusal
Funds are required for applicants to sustain themselves in Spain
How Do I Apply for a Spanish Golden Visa?
Once you buy a property for at least €500,000, you’ll automatically qualify for a one-year Golden Visa. If your investment is still in place during that first year, you’ll have to apply in person for your two-year initial residence permit.
You can apply by following these steps:
Make a qualifying financial investment
Ensure your documents are translated into Spanish and English and legalised as per Spanish government regulations
File the initial application with the Spanish Consulate
Book an interview
Attend a biometric collection session in Spain and wait for final approval
Upon approval, pay the government permit issue fee.
Open a Spanish bank account and NIE
Your visa and residence permit will be issued and valid for one year
Renew your residence permit at the end of year two
Become a permanent resident in year five
Apply for citizenship and a Spanish passport after ten years
What documentation and fees do I need for a Golden Visa application?
You must submit the following documents to apply for a Golden Visa and renew it. It’s wise to check with your nearest Spanish Embassy or Consulate for more information about additional documents in each case.
Here’s what you’ll need:
Completed application
Passport, valid for at least one year, with two blank pages (original and copy)
Recent passport photo
Valid medical insurance (original and copy)
Photocopy and original translation of medical certificate
Your country of origin’s criminal record certificate
Proof of visa fee payment in local currency
Proof of legal residency in the consular district
Proof of the legal representative’s identity and capacity
Financial Guarantee
A financial guarantee of €2,130 per month for two years and a further €532 for each dependent person under their charge is required for obtaining a residence visa. This can be done by submitting originals and copies of your bank statements for the past 12 months, showing deposits and transactions.
Further Documentation for Applicants with Family
All family members must sign the same general documents listed above. Additional marriage and birth certificates and a medical statement proving a child’s dependency if they are over 18 are also required.
Buyers’ Documents
You must include a Property Registry Filing certificate or notarised deeds verifying that the deeds have been submitted to the Property Registry with your visa application.
Applicable Fees
The Golden Visa application fee for real estate investments is currently €1,910. For added family members, the cost is an additional €1,202. After this, there are standard legal costs, typically around €8,000 for a single applicant, €10,500 for a family of four, and an extra €2,500 for each renewal.
Additional Taxes to Consider
Foreign Income Tax, Personal Income Tax (PIT), Capital Gains Tax, and Property Tax are some taxes you must consider when applying for the Golden Visa in Spain.
How Can I Start the Golden Visa Application and Property Search in Ibiza?
With the proper assistance, your residency and relocation are more than possible on this beautiful White Isle. We at Prestige Properties would gladly assist you as an experienced, professional and reliable agency.
If you want to speak with one of our agents about starting your Golden Visa application and the current investment opportunities, 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!
Our Best Luxury Properties for Sale in Ibiza in 2023
This month we’re super excited to share some of our top-fave luxury villas and homes on the real estate market. We hope that by showing you these exclusive properties, you’ll remember why Ibiza remains a hot investment and living destination.
Real estate in Ibiza has grown significantly in recent years, especially in the luxury segment. Consequently, the island is booming with interest, prices are increasing, quality supplies are dwindling, and demand is high. So, if you’re looking for that dream Ibiza pad, keep an eye on our regular blog posts with our current Ibiza properties for sale to ensure that your dream house doesn’t pass you by.
Read on to see some of our stunning homes ready for you to move into and enjoy immediately.
Can Vista Vedra
Fantastic finca with incredible Es Vedrá views
Just 350 meters from the idyllic Cala Carbo bathing bay, one of Ibiza’s most beautiful coastal areas, Can Vista Vedra sits perfectly tucked away.
This beautiful three-double bedroom finca, all with en-suite bathrooms, enjoys complete tranquillity and privacy. All on one level, the living area perfectly adjoins the dining area, which directly overlooks the sea and the property’s magnificent pool terrace. From here, you can observe unobstructed views of Es Vedra, the passing boats and unforgettable sunsets.
In the separate casita, you will also find a living room, a kitchenette, a bedroom, and a comfortable bathroom. Additionally, there is a small terrace from which you can enjoy the surrounding views.
With plenty of Mediterranean plants and colourful flowers, the garden offers plenty of places to relax and eat outside. The perfect place to enjoy a gentle breeze on a hot summer day.
Can Vista Vedra is a unique setting within easy walking distance of the beach. This property also has a coveted ‘tourist rental licence’, which makes it a perfect investment.
Apartamento de la luz
A top-notch luxury apartment with amazing views of the old town
Located in the heart of the marina, just 350m from Talamanca Beach, Apartamento De La Luz has impressive views and is a sun trap location. It’s a first-line property with stunning views of the open sea and the old town of Ibiza. With a total built area of 174m2, three bedrooms, two bathrooms, and a big open kitchen overlooking Dalt Vila – this home is certainly worth considering. All three bedrooms at the back of the apartment also offer excellent views over Talamanca Beach.
A truly modern-contemporary home, this apartment has been completely remodelled and cannot compare to any other apartment in the building. The owner has most certainly paid attention to every detail. Guests will be immediately drawn to the beautiful open kitchen with marble work surfaces and eye-catching natural wooden doors.
A large and luxe swimming pool within beautiful gardens can be found in the outdoor area of this community. What’s more, throughout the entire year, an exclusive concierge service is available.
Villa Vistas Dalt Vila
A Can Furnet villa with a rental licence and spectacular views of the old town.
In the popular urbanisation of Can Furnet, close to Ibiza Town, Villa Vistas Dalt Vila is complete with a full rental licence. Located on 3060 m2 of land, the property has two plots. The owner bought the second plot to ensure spectacular sea and old town views. So it’s a great investment opportunity with the potential to build a second property.
This three-storey villa has an open-plan designer kitchen, an open-air gym and an outdoor dining area on the main level. On this same level, we also find the first bedroom – ideal for children, with its little salon and bathroom en suite. There is also a luxurious master bedroom with a gorgeous en-suite bathroom and two additional double bedrooms with walk-in wardrobes.
You can access the garden and pool area from the ground or the first floor with a fantastic south-facing pool. Within the grounds, the property also has a lovely guest house, a covered chill-out area, a jacuzzi and an outdoor kitchen on the first floor near the outdoor dining area.
Finding your Luxury Ibiza Home Has Never Been Easier
Let’s get talking about finding the right investment property for you. We’d love to hear from you!
Whenever you see a property that meets your needs, we strongly recommend you contact us. Investing in Ibiza can be great, but demand is almost always higher than supply, so properties often sell quickly.
Take advantage of the opportunity to make an appointment to visit any of our properties mentioned above or others we currently have on the market with us today. We also offer virtual tours upon request.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Top investment opportunities and villas in San José, Ibiza
Whether you wish to call Ibiza your home or are interested in purchasing an exclusive property for investment purposes, you can rely on us, the island’s leading real estate agency, Prestige Properties Ibiza.
Our portfolio inspires buyers with luxury, modern architecture and interiors, stunning swimming pools, exclusive sea and countryside views, penthouse apartments, and plenty of investment opportunities.
This month’s blog will introduce you to a range of villas available in San José. San José (Sant Josep de sa Talaia), located in the south-west of Ibiza, is known for its natural beauty and international community of residents. Those interested in purchasing a home here will be pleasantly surprised – an ideal location for investing in a perfect ‘opportunity’ property.
We invite you to look at our top three picks that might be just what you are looking for…
Top investment properties in San José, Ibiza
Villa Elegant San Agustin
In addition to its privileged location, Villa Elegant San Agustin boasts an elegant contemporary design with four bedrooms and three bathrooms. This villa is located near some of the island’s most famous beaches, near San Agustin, within walking distance of the charming village of San José – and comes complete witha final tourist rental licence, which makes it an ideal investment property.
This quiet residential community home features a master suite with an en-suite bathroom (with two sinks and a bathtub), three other bedrooms with twin beds, and two bathrooms, one of which is en-suite; the other two belong to the family bathroom.
This home’s spacious open-plan living and dining room extends outside to a lovely covered terrace with garden and swimming pool views – perfect for al fresco dining and relaxing on sunny island days. The superior house features a minimalist design with pure white walls adorned with rich organic materials, reflecting and complementing its natural surroundings.
On the rooftop terrace, two wraparound sofas, coffee tables and polished floors overlook the inviting swimming pool below. Exotic palms and mature trees also shade a sumptuously furnished sun terrace. In addition to breathtaking hills and green countryside views, this upper level also offers a glimpse of Ibiza’s legendary western sunsets.
Ibiza tourist rental licences are becoming increasingly difficult to obtain. Laws have become stricter, and processes can take a long time. It is often considered a golden opportunity to find a property that has already been licensed and is ready to rent out. You can read more on obtaining a tourist license in Ibiza here.
Villa Campo Cala Conta
This property is ideal for investors or people looking to live in Ibiza all year round since it offers the possibility to add their own touch to the property, especially since it has all the paperwork in order, and obtaining a license to renovate will not be difficult for this property.
Located near amenities and with distant sea views, Villa Campo Cala Conta is a charming 4-bedroom villa near Cala Tarida and Cala Conta beaches. There is a living room and dining area overlooking the swimming pool on the ground floor, a kitchen with a separate entrance, and 2 bedrooms with ensuite bathrooms. The third bedroom with an ensuite bathroom can be found in the annexe, only a few metres from the main house’s entrance.
A fourth bedroom is located on the upper floor of this property, complete with an ensuite bathroom and access to its own private terrace, which provides distant sea views on a clear day.
Outside is a 60m2 swimming pool and superb gardens with mature plants.
In addition, there is further access to a large rooftop terrace with beautiful views towards Cala Conta and San Antonio, which offers fabulous sunsets in summer.
Lastly, in the basement, under the terrace, we have a garage and ample space to use as additional storage. Don’t miss this opportunity to purchase a home where everything is in place to obtain all necessary licences without a headache, a rarity in Ibiza.
Proyecto con Licencia San Agustin
Proyecto con Licencia San Agustin has recently received planning permission for a rustic Mediterranean-style detached house with a private swimming pool. This 15.153 m2 plot is located in a quiet residential area in the west of Ibiza; just a few minutes’ walk from the beach and restaurants.
The house is divided into two floors and an additional basement. Three double bedrooms and three bathrooms are on the first floor, along with a separate kitchen and dining area. A central courtyard faces south and is the centre of life in the house, which can serve as extra living space, combining indoors and outdoors during summer. There are many outdoor terraces, some with pergolas or solid roofs, plus a 24 m2 swimming pool. On the upper floor is the master bedroom, with a dressing room, private bathroom with bathtub and private terrace.
The construction project is ideally suited to those who want to determine their own style and quality requirements from the outset, which can serve as a holiday home and a house for year-round use.
When you buy a project with a building licence, you can define all finishes precisely to your liking. By having a licence ready, you don’t have to wait the usual 2 years + until you get one authorised, meaning construction can start immediately. With this particular house, after the investment in construction, you will have a finished house that costs ca. 2.100.000 € which is likely to sell for around 2.800.000€ (with the right finishes) if placed straight back on the market – so it’s an excellent investment opportunity all around.
Buying a property in Ibiza
When the right investment opportunity property that suits your requirements becomes available, you’re ready to start the process as quickly as possible. There are often some great investment opportunities here. But as the demand is almost always higher than the supply, if the perfect investment property still needs to be added to the market, then actively registering yourself with the right agent as early as possible comes highly recommended.
Are you looking to buy a property here in Ibiza?
Let’s chat with one of our agents to help you find a suitable property investment. We would love to hear from you!
For regular updates, recommendations, and experiences, keep up to date with our latest news via our social media pages and blog posts.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Everything you need to know about relocating to Ibiza (Spain) post Brexit
Many of our UK clients who wish to buy property in Ibiza often have questions about the island’s logistics and how to invest for long-term relocation. Therefore, it would be worth writing this short article to provide you, as a UK citizen, with everything you need to know about buying a property and moving to Ibiza post-Brexit.
Read on to find out more information on relocating and living in Ibiza, including guidance on residency, working, and buying your dream home on the magical white island.
Residency for living in Ibiza after Brexit
As of January 1, 2021, UK citizens are subject to the same Spanish immigration rules as residents of non-EU countries, such as Russia, China, and the United States. Therefore, UK citizens who wish to live permanently or for an extended period in Spain must maintain legal residency status or a long-term visa.
A foreigner identity card, known as Tarjeta de Identidad de Extranjero (TIE), must be obtained upon arrival to Spain, the Balearics, and Ibiza whilst completing a full residence or visa application. Your residency and TIE can be applied from the UK, but as you can imagine, this is a slightly more complex process. You can find out more about the residency application process in our final chapters below.
Visas for UK expats living in Ibiza, Spain
The Spanish government also offers several visas that allow longer stays in the country. Two of the most common visa types include:
The Non-Lucrative Visa
The Golden Visa
The Non-Lucrative Visa allows stays longer than three months for retirees or those who do not need to or wish to work in Spain. Applicants must show a bank balance of €34,000 for at least six months and a valid private healthcare plan. The visa is valid for one year and can be renewed for two more years.
Investors spending a minimum of €500,000 on a property are eligible for the Golden Visa program. The Golden Visa allows holders and their families to live in Spain and can become a permanent resident after five years or a Spanish citizens after ten years from the date the visa has been granted.
Working in Ibiza for UK citizens
Any non-European citizen who wishes to live and work in Spain for an extended period beyond the 90-day tourist visa must apply for residency or a work permit. By maintaining your residence in Spain, you will be able to take advantage of all the benefits of working here should you decide to do so on a permanent or extended basis.
As the Spanish government is welcoming new entrepreneurs into its country, if you have a solid business project you would like to set up in Spain, that could be a great way to qualify for a residency in the country. Recently, the Spanish government approved the first draft of a law with several immigration and tax advantages for startups and digital nomad visas. This law aims to promote the ecosystem by attracting emerging companies, talent and capital to develop innovative entrepreneurial activities in Spain.
Buying a property in Ibiza Spain post Brexit
There have been very few changes to buying a home in Spain, the Balearics, or Ibiza since Brexit. However, UK citizen rights have changed slightly.
Currently, the main difference depends on whether you are a non-EU resident living in Spain or visiting it. Should you wish to relocate permanently, there are routes for you to become a full-time resident or gain a visa, making it easier for you to purchase a home.
Any person who purchases, sells, or owns a property in Spain must know the applicable property taxes, regardless of whether they are residents or non-residents. Your title will also be added to the property’s register by a notary. Depending on the number of clauses, deeds, and property value, the notary fees can also vary significantly.
More information about the costs and fees involved with buying property in Ibiza can be found in our Buyer’s Guide.
How can I start the residency or visa process in Ibiza and get the right help to take the next step?
When you have completed your appointment at the national police office and submitted your required material for your special Brexit residence permit, you will need to wait until it is fully processed before collecting it (a second appointment is required). Due to the volume of applications for full residency in Ibiza, there is a long backlog. However, your TIE should arrive within a few weeks, allowing you to stay until your residency is completed.
To ensure a stress-free process, especially if you don’t speak Spanish, we strongly suggest you contact our trusted legal professionals. You can find out all about the various visas available, applying for residency, and immigration laws in Spain here!
How can I start the property search in Ibiza and get the right help to take the next step?
With the right mindset and assistance, anything is possible on this beautiful White Isle. Get the job done right by hiring an experienced and professional agent. It would be our pleasure to fulfil this role for you at Prestige Properties.
If you want to speak with an agent about the current market and investment opportunities, then contact us today! We would be 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!
Looking to buy a Villa in San Antonio (Ibiza) in 2024?
San Antonio is the second largest city on the island of Ibiza, known for its beautiful beaches, magnificent sunsets, and vibrant nightlife. In this article, we’ll discover the areas surrounding this popular tourist destination, revealing the best areas to buy a property in the San Antonio, Ibiza municipality.
The history of San Antonio Ibiza, tourism and real estate rise
Until a few decades ago, San Antonio town was still a local fishing village dating back 2000 years. In the 1980s, many ex-pats, particularly from Britain, moved to San Antonio to experience the dreamy Mediterranean lifestyle. Eventually, the area became a leading holiday destination, increasing the value of local properties and villas.
As a result, San Antonio has become an increasingly popular residential area for islanders and ex-pats alike, creating a notable British culture. Recent years have seen the real estate market gain recognition for its exclusive property locations and incredible opportunities for luxury homes and penthouses at very reasonable prices compared to the rest of the island.
When considering a Villa in San Antonio de Portmany, it should be no surprise that this beautiful coastal town offers a wide range of local amenities and a community atmosphere. There will never be a dull moment for you.
Mambo Cafe, Cafe del Mar, Savannah, and Mint Lounge are some of the well-known music venues in town, yet the area is also home to an array of vibrant and popular restaurants and possibilities; some of our favourites are:
Cine Regio. San Antonio’s historical and extravagant local cinema
Aquarium Cap Blanc. A natural aquarium inside an underwater cave with typical Ibiza marine species
Debunking San Antonio’s bad reputation,
Unfortunately, San Antonio has acquired the reputation of being a hedonistic and low-budget tourist destination. However, the party scene represents just a small portion of the town’s soul; other noteworthy points of interest include:
Spectacular beaches and coves
A family-friendly atmosphere
Local Ibicencan culture and cuisine
The best island sunset
Proximity to Eivissa town and to the best clubs and chiringuitos on the island
The municipality of Sant Antoni de Portmany is guaranteed to leave a lasting impression and ultimately dispel any false notions about the area.
San Antonio, Ibiza: one of the most reasonably priced areas on the island
From some of the island’s best beaches to breathtaking sunsets and a vibrant, family-friendly atmosphere, San Antonio has so much to offer. Property prices in the island’s second-largest town remain relatively affordable, which is probably its best feature.
For example, San Antonio is one of the few areas where it is possible to buy a 3-bedroom house for €500k, or a 6-bedroom villa for €1.5M (to be renovated). While these prices can also be found in less popular neighbourhoods of Ibiza town and Santa Eularia, San Antonio offers the best deals.
properties and villas in San Antonio, Ibiza
The beaches of San Antonio, Ibiza
San Antonio’s beaches are a paradise of natural gems with white sand coves, coastal paths, glistening waters, and bewitching sunsets. Despite the difficulty in defining a top few, these three are certainly special:
Cala Gracio,
Cala Salada & Cala Saladeta,
Punta Galera.
All these spots are popular with visitors, so if you are considering purchasing a property in Ibiza for investment and touristic rentals, they are highly recommended.
Cala Salada & Cala Saladeta
From Villas in Cala Salada, you can gaze at sunsets and sea views surrounded by nature. The town offers waters perfect for snorkelling and swimming. Residents in Cala Salada love the natural and hidden beauty but appreciate the convenience of being close to town and nearby villages within minutes.
Via the rocky paths that lead down from Cala Salada, you can reach its smaller sister Cala Saladeta, an even more secluded cove with golden sand and crystal clear waters.
Aerial view of Cala Saladeta, Ibiza islands, Spain
Punta Galera
There is no other place on the island with a cliff edge that can offer such a picturesque beauty as Punta Galera. Beach lovers who love nature and appreciate fewer human gatherings will love this spot.
Cala Gracio
Imagine an area filled with pine-clad hills and landscape views. Now add white sand and pool-like waters. It’s no wonder that Cala Gració is so appealing that many people rent a vacation villa or buy a property here.
Countryside and Villages around San Antonio, Ibiza
Exclusive villas in San Antonio’s countryside and villages feature views of rural landscapes and fascinating sunsets. The municipality comprises three picturesque villages characterised by traditional white churches: Santa Agnes, San Mateo and San Rafel.
Santa Inés (Agnes), Ibiza
Santa Inés’ beauty is well-known among tourists and photographers in Ibiza. They merely visit the area to marvel at its fields and landscape.
With acres of almond trees and cliff top walks overlooking the Islets of Ses Margalides, Santa Inés is a true haven. Also, while other major sunset spots like Es Vedra are often packed, this place is incredibly secluded and often overlooked.
Last but not least, the almond trees bloom in February with pretty pink and white blossoms.
San Mateo’s nature and hiking
A small, picturesque village surrounded by almond trees, vineyards, and orchards: San Mateo is a beautiful place to seek a property for sale. The small village offers a calm and traditional atmosphere, perfect for nature lovers. From here, a steep rocky trail will lead you to Cala Aubarca (Cala d’Albarca), where many hikers travel to cross a stone bridge on the sea.
San Rafael, restaurants and pottery
San Rafael is a tiny but vibrant village with plenty of good restaurants to choose from, such as:
San Rafael is also known as an "Area of Artisan Interest.". This village is home to some of the best potters on the island.
In conclusion, there’s something for everyone in the municipality of San Antonio: some of the best nightlife and beaches on the island, tranquil and traditional villages, and spectacular rural landscapes.
Buying a villa in this area is a great investment with some of the lowest prices in Ibiza and properties of a diverse nature: ranging from modern contemporary architecture to traditional fincas, passing through luxury apartments with the best views.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Living in the municipality of Sant Antoni de Portmany (San Antonio Abad)
The Municipality of Sant Antoni de Portmany (aka San Antonio Abad or simply San Antonio) spans the West and North-West coasts of Ibiza and borders all four other municipalities on the island. The area occupies 126.80 km2 with an estimated population of 25,779 (of the total island population of 147,914).
In addition to its prominent tourism industry, Sant Antoni is known for its beautiful beaches, magnificent sunsets, vast countryside and vibrant nightlife. As well as being famous for tourism, Sant Antoni de Portmany has many other versatile and relatively less-known aspects. There are three beautiful rural villages with traditional white churches, Sant Agnes (Santa Inés), San Mateo, and San Rafael, and some of the island’s most secluded beaches.
The community, culture, and style of Sant Antoni de Portmany are incredibly diverse, with locals and international residents of all ages and lifestyles residing here throughout the year, including many ex-pats from the UK and Europe. Buying a property in San Antonio offers many opportunities for families, singles, couples, and retired clients. San Antonio provides many outstanding properties with various authentic charm, modern contemporary architecture, newly-built apartments, private communities and luxury lifestyle options.
Home buyers looking to buy a property in San Antonio can be typically sub-categorized into four distinctive areas; the Town, West Coast (Cala Salada, Cala Gracio, Punta Galera), North (Santa Inés and San Mateo) and the Interior (San Rafael, Buscastell, Benimussa).
Living in the town of Sant Antoni de Portmany (San Antonio, Ibiza)
Houses for sale in San Antonio appeal to a broad range of buyers and attract families, retirees, singles, young couples, and people who seek second homes for holidays and tourism. It is not uncommon for buyers looking for properties for sale in San Antonio to be attracted to the area’s proximity to local amenities, nearby beaches, restaurants, and cosmopolitan lifestyle with many restaurants, bars, beach clubs, accommodation, music, and superb sunsets.
The town alone has been central to the island’s tourism for more than 50 years. It powerfully entices many young visitors from all over Europe every year to experience Ibiza’s most iconic electronic house music and sunset venues. Mambo Cafe, Cafe del Mar, Savannah and Mint Lounge, strategically placed along or close to the main promenade known as Sunset Strip, are among its top hotspots. San Antonio’s West End also comes alive day and night where superclubs, such as Es Paradis, Eden, O Beach Ibiza and Ibiza Rocks Hotel, host world-class DJs and great pool parties.
Whilst San Antonio’s nightlife might sound a little overwhelming, July and August are the primary two months out of the year to be mindful of crowds. Otherwise, evenings spent strolling the promenade and enjoying the vibrant town outside of the ‘party scene’ are embraced by many different age groups, families and cultures during the rest of the year.
The main beach of San Antonio Town is located along the promenade. The 6km long central coast leads down to the Marina Port, ideally situated for those looking to buy or rent a villa (or apartment) in San Antonio town, where walking distance is essential. There is also easy access to the beach and Marina Port for families and those with disabilities. Here, the waters are settled and safe for young children, are filled with water sports and boating opportunities, and are conveniently just a stone’s throw away from anywhere local in the town. The town centre, of course, features supermarkets, typical local shops, fashion retail, beach essentials, pharmacies, souvenir shops, medical centres, hair and beauty salons, and almost every type of global cuisine imaginable.
Clients considering buying San Antonio villas and apartments for holiday rentals will find consistent revenue as these properties are always in high demand, especially during high season and within walking distance of the main sunset strip and town amenities. The town of San Antonio offers a wide selection of older Ibicencan-style homes with authentic charm, as well as brand new apartment builds and smaller detached homes at an affordable price (compared to other municipalities on the island).
Living in San Antonio West Coast, Ibiza
On the West Coast of San Antonio, houses for sale appeal primarily to retired couples, families, young couples, and lifestyle holiday home buyers and investors. Unlike those seeking property for sale in San Antonio town, this clientele group is drawn to coastal beauty and the awe of nature. A wide range of villas and properties can be found along the West Coast of San Antonio, close to the most popular yet secluded beaches. In contrast to San Antonio Town, properties for sale on San Antonio’s West Coast are situated in a more relaxed and authentic environment with outstanding sea views.
You can find stunning contemporary and exclusive modernised Mediterranean-style villas along the West Coast at Cala Salada, Cala Gracio, and Punta Galera (the area’s main beach hotspots) with direct access to unspoiled countryside, fishermen’s beaches, and the most famous sunsets in Ibiza.
Properties in Cala Salada & Cala Saladeta, Ibiza
Located just 10 minutes from San Antonio Town, Cala Salada is one of Ibiza’s most beautiful and regularly visited coves. As a popular destination, many visitors often seek services like ghostwriting, especially those looking for a peaceful environment to inspire their writing. The ghostwriting rates ghostwriting preise in this area are quite competitive, catering to a diverse clientele. Because the small cove is so beloved, San Antonio authorities have restricted parking access during the summer to keep crowds low and maintain its tranquility. Cala Salada, while very close to San Antonio Town, offers unparalleled natural beauty and crystalline waters, perfect for diving, snorkelling, and swimming, which altogether feel worlds away from the bustling town. Cala Saladeta, an even more secluded cove, has golden sand and crystal clear waters that you can reach via the rocky paths that lead down from Cala Salada.
Villas in Cala Salada offer unparalleled opportunities to observe spectacular sunsets and enjoy uninterrupted sea views surrounded by nature. Homebuyers and residents in Cala Salada love the hidden beauty but appreciate the convenience of being close to town and nearby villages within minutes.
Punta Galera, Ibiza
Just north of Cala Salada lies the infamous smooth rock and several flat terraces of Punta Galera. During my visit, I was accompanied by a renowned ghostwriter wien, who was seeking inspiration from the island’s natural wonders. There is no other place on the island with a staggering cliff edge that can offer such a serene and picturesque beauty. This rocky terrain is void of sand and amenities and is inaccessible by traffic or parking. This is the perfect spot for those who value nature and appreciate less human interaction on the beach. The water is at least two meters deep and mostly crystal clear. Just be ready to jump a little off the shore edge. The rocky terrain at Punta Galera is a peaceful and respected place where silence is upheld by all visitors, which is why many people practice yoga and meditation there.
Properties in Cala Gració, Ibiza
Cala Gració is another attractive and favoured beach cove close to San Antonio’s main town. The fine white sands and the natural pool-like waters are so appealing that many people elect to rent a vacation villa or buy a property there. The surrounding area is filled with pine-clad hills and enthralling landscape views. Next to Cala Gració main bay, is Cala Gracioneta. Cala Gracioneta is of typical Ibizan style, which is family-friendly with an incredibly chilled atmosphere and home to the renowned boho-chic Cala Gracioneta Chiringuito. The beach bar and restaurant, owned by the island’s famous Mambo Group, is the perfect spot to enjoy good quality Mediterranean cuisine and watch the surrounding beauty.
It is hard to find a property in Cala Gracio that doesn’t offer sweeping sunsets, sea views and the luxury of peace. All three spots here, known for their ghostwriting of the island’s serene beauty, are extremely popular with visitors, year after year, so if you are considering purchasing a property in Ibiza for investment and touristic rentals, Cala Gracio, Cala Salada, and Punta Galera are highly recommended.
A property in the north of Sant Antoni, especially in Santa Ines (Santa Agnes de Corona) and San Mateo, offers an entirely different environment, community and style than the town or the west coast. The picturesque countryside of the San Antonio municipality boasts wide open, mountainous and vast landscapes, where clients can find high-profile and exclusive hillside villas and traditional finca farmhouses.
Santa Ines and San Mateo Property options include authentic and renovated contemporary farmhouses (Finca) and modern-style villas. Often, these idyllic homes offer stunning views of unspoiled countryside and fascinating sunset skies. In addition to being favourite buy-to-rent investment properties, Santa Ines and San Mateo properties are ideal for nature lovers.
Like many other agricultural and small village locations in Ibiza, villa rentals in Santa Ines and San Mateo are becoming increasingly popular. A villa vacation in the Ibiza countryside is a popular option for families, large groups, or unique events, primarily as they are located away from the crowds, from where it’s easy to access all the local hot spots, beaches, and amenities.
Properties in Santa Inés, Ibiza
Properties for sale in Santa Agnes are rare and are always in high demand. Located around the central white church of Santa Inés, the village is a unique land with only a few authentic houses. Its captivating beauty is well-known among tourists and photographers in Ibiza, who merely visit the area to marvel at its gardens. Known for its acres of almond trees, Es Pla de Corona and its cliff top walks high above the pine forests overlooking the "Gates of Heaven" (a couple of sporadic islets in the middle of the Mediterranean Sea), Santa Inés is a true paradise.
In Santa Agnes, properties are as prized as the land they sit on. Despite the small local community and two bars directly in front of the church, this area provides a quality of life that is nothing short of luxurious. Around February, the blossom trees bloom into beautiful sheets of pink and white almond flowers. Undoubtedly, the land is an exceptional sight that attracts the attention of locals and tourists alike. Property in Santa Inés offers clients an unspoiled, traditional island part untouched by tourism.
Properties in San Mateo
The village of Santa Inés sits close to the village of San Mateo. San Mateo is a small, quaint and beautifully kept village. The area, Es Pla de Sant Mateu, is filled with beautiful authentic charm and architecture with spectacular surrounding countryside cultivated and abundant with blossoming fruit trees.
San Mateo is a beautiful place to seek a property for sale. Long hikes around the Es Pla de Sant Mateu (almond trees, vineyards and miles of orchards with locally grown grapes, olives, oranges and lemons) with afternoons spent enjoying the hillside views from the local authentic restaurants and bars make San Mateo a residence of peaceful and traditional living. Naturally, the area is always in high demand with a much lower supply than demand, with more sizable housing and land, which is therefore reflective of the higher price bracket observed in this area.
Properties in the interior countryside of San Antoni de Portmany, Ibiza
In a similar manner to Santa Inés and San Mateo, the interior of San Antonio de Portmany offers clients and visitors a charming rural lifestyle. This clientele group shares a love of the great outdoors and nature walks, and is incredibly keen on buying fincas, renovated farmhouses, and modern hilltop villas in San Rafael and Buscastell. Several homes for sale in the interior region of San Antonio offer a quiet country-style home to retreat to, with vast landscapes, farmland, and personal agriculture opportunities. Although these internal spots are relatively low in demand compared to other rural areas on the island, they are still ideal for quick access to various countryside locations, charming villages, beauty spots, restaurants, and beaches.
Properties in Buscastell, Ibiza
Buscastell is a small village near Sant Antoni’s main town and San Rafael. Known as Es Broll de Buscastell, this area is over 4.5 km, and the landscape is formed by valleys that follow the flow of a stream. It contains wetlands and springs for water, and Ibiza’s largest winery, Can Rich.
A property near Buscastell offers clients a relaxed community atmosphere with a humble ambience. Besides a small local store and a popular bar and restaurant, the village consists of a single white church and one small local store.
Properties in San Rafael, Ibiza
San Rafael is a small yet vibrant village only 8km from Ibiza Town and San Antonio town. Although small, buying a property close to the village of San Rafael offers a wide range of outlets for day-to-day living, such as a pharmacy, bakery, hardware store, petrol station and several restaurants.
San Rafael hosts a selection of highly recommended island restaurants to choose from and enjoy. Can Pilot and Es Tancó Pizzeria are very popular and often bustle with locals and tourists regularly, both in and out of season. San Rafael village is also a unique "Area of Artisan Interest ". The village is home to the best potters on the island, who have practised modern and traditional pottery methods for hundreds of years.
The region of San Antoni de Portmany is incredibly diverse and possibly less tourism-oriented than clients may initially believe. Despite the lower demand for luxury and exclusive properties, there is still a great deal of opportunity to maximise value by looking beyond the more well-known places.If you are considering buying a villa in the San Antonio area, why not browse our available exclusive properties?
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!
Buying a Property in Ibiza Town 2022
Living in Ibiza Town (Eivissa City Centre) – An Overview
Eivissa’s capital offers a vibrant Mediterranean city lifestyle. Its rich Phoenician history, gorgeous architecture, stunning beaches, and exciting nightlife makes for one of Europe’s most popular real estate markets.
Ibiza Town consists of two major parts. Dalt Vila, the old part of the city, is situated at the top of a small mountain overlooking the sea, whereas Eixample, the extension below, is where the modern part of the city resides. Close by is Marina Botafoch, well-known for its yachts, motorboats, and affluent lifestyle. Lastly, two main beaches, Talamanca and Figueretas, are popular with tourists.
Ibiza’s capital city is a great place to purchase a property for families, couples, retirees, singles, and clients looking for a high-profile home. Here we’ll explore each sub-area in more detail, focusing on the client appeal and property style.
Buying a property in Dalt Vila, Ibiza Old Town
There is no doubt that Dalt Vila is Ibiza’s top tourist attraction. Listed as a World Heritage Site, the Old Town is home to beautiful historical architecture, castle grounds, and the central Roman Catholic Cathedral, Santa Maria d’Eivissa. You can reach Dalt Vila by the old stone drawbridge, which leads directly onto Plaza de Vila, with its winding cobblestone streets, bars, restaurants, and boutiques. The journey to the mountaintop offers plenty of authenticities and beautiful views, encompassing the town below, La Marina, Ses Salines, and even Formentera.
The real estate market in Dalt Vila is very competitive. Depending on size and renovation status, apartments or triplex homes here are exceedingly expensive compared to the modern extension. The area has some beautifully state-of-the-art authentic properties with interesting novel-like architecture and interiors. Dalt Vila buyers tend to be those who appreciate historical architecture and life in the centre of the city’s vibrant culture, especially during the height of summer. Along with the gorgeous town and distant views of the blue sea, buying a property in the old town will allow you to take full advantage of the city’s best attractions.
Buying a property in the modern extension of Ibiza Town & Can Misses
In Ibiza Town (extension), you will find a central square called Vara de Rey, the Marina harbour-front promenade, authentic whitewashed buildings, and row upon row of bars, restaurants, and shops. There are plenty of stores, banks, pharmacies, grocery stores, and anything else you might regularly need within walking distance.
Most properties in Ibiza Town are apartment complexes, both old and new. The town centre of Ibiza offers more opportunities for apartment buyers than other parts of the city, especially older buildings. Most properties in the city centre extension are sought by couples or singles who are already residents, usually island workers that require an affordable, convenient and quickly accessible property.
Can Misses is a part of Ibiza Town’s city centre, specifically the northwest outskirts surrounding the city extension, adjacent to the highway. This location is ideal for those who wish to be close to the city centre. Apartments here are an excellent choice for those looking for a peaceful environment away from all the tourist noise.
Buying a property in Marina Botafoch & Paseo Maritimo, Ibiza
Only a few minutes’ drive away, you’ll find the VIP area of Marina Botafoch, complete with motorboats, yachts, and an incredibly luxurious array of apartments and penthouses. With a total of 428 moorings, Marina Botafoch also consists of a large boathouse, a gas station, and a stunning port with various upmarket restaurants and designer shops.
Whether permanently or for vacation, Marina Botafoch has become one of the most exclusive places to reside on the island, renowned as a socialite hotspot with an internationally recognised nightlife scene. Many VIP clientele on the island call this neighbourhood their home. Marina Botafoch has some of the most luxurious apartment buildings in Ibiza, so it attracts a broad range of clients looking for rentals and for-sale properties, especially high-profile families and individuals seeking security and concierge services. Penthouse properties here can start at around 1 million euros upwards.
Buying a property near the beaches of Talamanca & Figueretas
Talamanca is a small resort near the centre of the city which offers a cosmopolitan and trendy lifestyle to both tourists and long-term residents. Specifically, Talamanca Bay is the most popular beach in Ibiza Town. Talamanca is home to several contemporary and authentic villas in a Mediterranean style, as well as several new apartment complexes. The most desirable larger-scale villas for sale or rent typically have breathtaking sea views and appeal to the lifestyle holiday home and buy-to-let market. Talamanca also appeals to those looking for family-friendly apartments near the beach, with easy access to nurseries and schools while still within easy reach of the city’s conveniences like coffee shops and eateries.
Ses Figueretes, Ibiza Town’s second most famous beach, offers a recently renovated promenade and a vibrant resort close to Playa d’en Bossa. There are a variety of hotels, bars and restaurants in the area, as well as regular ferries to Ibiza Old Town during the summer. Figueretas is most popular with young couples and families looking for properties for sale or vacation homes at a more affordable price (compared to Talamanca). With a great local community atmosphere, it is easy to feel at home in a small city resort like Figueretas.
In summary, Ibiza Town extension, Can Misses and Figueretas offer plenty of opportunities for young couples and locals alike to find an apartment reasonably, although property prices are rising. Those areas such as Marina Botafoch, Talamanca and the Old Town are both popular but pricey, which appeal to a higher-profile and cosmopolitan clientele, particularly second-home buyers or investors in buy-to-rent apartments.
If you are considering buying a property in Ibiza Town, why not browse our current exclusive properties available.
Our team is always ready to help you with your buyer journey and will ensure you discover your dream home with us, so why not contact us today.
For a more detailed overview of life in Ibiza Town, read our in-depth article here
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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