We are both excited and proud to announce that we are now part of the UD Ibiza family.
Prestige Properties Ibiza and UD Ibiza have signed an agreement, by which our real estate agency joins the celestial family as Official Partner for this 2021/22 season.
We hope to help the club meet its targets, both now and in the future, in every way we possibly can. At Prestige Properties Ibiza, we find it important to accompany and support such leading social and sports projects on the Island. For more information on our corporate social responsibility (CSR) as a company, please read on below and follow the links to our most recent community contributions.
UD Ibiza
In 2015, Amadeo Salvo (previously chairman of Valencia CF Football Club, and actively Chairman of the Board of Directors of the multinational group, Power Electronics), and his family became president of the UD Ibiza football club.
The team has since been completely reformed, having made an incredibly quick ascent into La Liga Smartbank, the Spanish second league level of professional football.
Naturally, it is a proud and great moment to be part of such a wonderful project on the Island, uniting all supporters behind one team at a top national level.
With the football season kicking off from August 13 2021, we would like to take this opportunity to wish all the club and players the very best for the season to come!
Join us at Can Misses for the first ever professional football match on the Island and support the team on August 22nd!
Our company’s philosophy has actively started working towards a better balance between economic prosperity, environmental protection, and social stability right here in Ibiza.
Since 2017, we have made many conscious decisions to give charitably, utilising our gratitude to help others in the best way we can, and as much as possible. In recent years, Prestige Properties Ibiza has actively collaborated with many local community projects and companies through sponsorship and promotional campaigns.
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 travelling to Ibiza this Summer 2021
From vaccinations, health tests (PCR & Antigens), COVID-19 flare-ups, and new virus strains, to changing restrictions and entry conditions for each European border, it would be totally justified to still feel a little apprehensive about travelling!
So, to help reassure everyone, we’ve put together our latest Ibiza summer 2021 travel update, with plenty of linked information about what needs to be done in order to travel with ease.
We want everyone to feel confident that Ibiza hosts many pleasurable lifestyle and travel opportunities, and has demonstrated a strong summer thus far for the season 2021.
What is the travel status of the Balearic Islands & Ibiza
If you are travelling from the UK, a traffic light travel system is currently in place which denotes the countries granted safe for entry and where citizens and residents are allowed to travel.
If a country is:
Red – you will only be allowed to enter the UK if you are a British or Irish National, or you have residence rights in the UK.
Amber – Arrivals from amber list countries who have been fully vaccinated under the UK vaccination programme (plus 14 days), will no longer need to quarantine or take a day 8 test if they can provide proof of their vaccination status to carriers in advance of travel to England.
Non-vaccinated passengers arriving from amber countries need to provide evidence of a negative test result prior to travel, self-isolate at home for 10 days, and take a test on day 2 and day 8 after arrival.
Green – Open for travel with required COVID-19 testing prior to returning to the UK.
The Balearic Islands, including Ibiza, were added to the AMBER LIST as of July 19th.
What do I need in terms of documentation and health requirements to enter Ibiza
When travelling to Ibiza whether from the UK, Europe or the rest of the world, arrivals at the border are required to provide proof of a negative PCR/Antigen test or health vaccination passport, and complete a simple health form with a QR code on arrival.
What are the current COVID-19 measurements and restrictions in Ibiza
Ibiza has been incredibly efficient over the past 18 months, and particularly cautious to ensure the health and well-being of everyone. Our restrictions and measurements are regularly reviewed and you can stay updated with our Covid-19 2021 News here.
The only main difference compared to pre-Covid-19 seasons, has so far been the closure of our nightclubs and large-scale overcrowded venues, including some hotel events. Certain other events, like planned weddings and cultural seated events are able to now go ahead with safety measurements and a maximum number of guests in place.
What is the tourism like in Ibiza
Our rentals team at Prestige Properties Ibiza and the local island community have seen a positive flow and strong enthusiasm for travel so far this season, with slightly less overcrowding, but still a vibrant and steady number of tourists across the board.
What’s on in Ibiza 2021?
Everyone is welcome and able to enjoy their holidays with the freedom to move around and experience everything on offer. All outdoor activities and social events, such as relaxing on beaches, swimming, sporting activities, visiting landmarks, shopping, local markets and hippy markets, and enjoying the restaurants and bars (including the beach clubs) are open and available as usual.
It has become apparent over the course of 2021, many more visitors have taken interest in private boat days with overnight Formentera stays, a variety of culinary experiences, luxury hotel day experiences, or enjoyed private villa settings and unique personal events.
Sa Trinxa Ibiza
Boat Charters
With five main marina ports including Marina Botafoch, Ibiza Marina, Ibiza Old Marina, Santa Eulalia and San Antonio, experiencing life out on the open waters, surrounded by the beautiful nature, under the sun, in peace and quiet has seemingly been an optimal choice for many island visitors over the last two seasons. Ibiza is filled with boating and yacht charter companies, however one of our preferred partners for many years is SunMarine, located in Marina Botafoch, near Ibiza town.
Creating the perfect boat day trip with a private skipper to explore beaches and bays of Ibiza, or even heading for a day trip over to Formentera has been an incredibly popular vacation experience with a variety of options to suit all styles and budgets.
Culinary Experiences
For the majority, a vacation in Ibiza also means the luxury and enjoyment of Mediterranean evenings with a little al fresco dining of great food and a little added ‘let your hair down’ events, like visiting the renowned Lio at Marina Botafoch, where guests can enjoy an incredibly stylish and elegant waterfront views of Ibiza bay and Dalt Vila from their open-air terrace and watch an engaging evening of performance and cabaret artists.
In fact, all of our restaurants and seated cultural venues have been fully open with terraces operating at full capacity since May. Over the past few months we have seen a positive influx of new restaurants and bars opening up in a variety of urban areas on the island.
For example, in Santa Eulalia the brand new restaurant, Higo, offers a unique experience in the world of Nikkei cuisine. Nikkei is grounded in centuries of culinary history, weaving the influence of Peruvian and Japanese cuisines.
Using the finest organic ingredients cultivated by their restaurant, they offer an exciting, fresh interpretation of Nikkei dishes, including lots of vegetarian options. Dine on their outdoor terrace garden and enjoy the beautiful views over the harbour of Santa Eulalia.
Equally, AristoSushi, formed by restaurateur and owner of Can Domingo Ibiza (a gastronomic reference point on the island) and his partner, have embarked together on a new adventure, expressing their love for Japanese cuisine.
Their brand-new restaurant, located in the heart of San Rafael, offers a modern-contemporary and intimate setting where guests are welcomed all year round to enjoy Ibiza’s most authentic sushi, using exceptionally high-quality and specifically selected products, comprising ecological salmon, bluefin tuna, and organic Italian rice. And, their unique approach to take-away sushi and delivery boat services makes for one elegant dining experience.
Luxury Hotel Day Experiences
Enjoying a little extra luxury seems to be high on everyone’s vacation agenda this summer season. Whether due to missing out on the travel season of 2020, the accredited stress over recent global events, or a ‘life’s too short attitude’, we have certainly seen many take to Hotel Day Experiences including lavish lunches, spa treatments and relaxing pool afternoons listening to live DJ sets over cocktails.
OKU Hotel opened its doors for summer 2021 offering a five-star venue just a moments’ walk from the beautiful Cala Gracio bay. The stylish hotel is perfect for those wishing to experience the very best of Ibiza’s lifestyle with high-quality food, a stylish design, and evenings brought to life by resident DJ’s as the sun goes down. Ibiza Spa & Wellness Retreat at the brand-new Six Sense Hotel offers treatments that also go beyond ordinary. With 1,200 square meters dedicated for wellness, the centre hosts a spectacular array of facilities including a Rose Bar longevity lounge, steam room, hammam and a holistic anti-aging program with nutrition guidance and modern healing methods, along with a state-of-the-art fitness area, café and juice bar, and outdoors massage catacombs with direct access to the organic gardens, where ingredients for the spa botanicals and Alchemy Bar are grown.
Private Villa Events
For those who wish to stay away from the cosmopolitan scene and the crowds, or even for those who would prefer to keep the night young, then many private and ultra-exclusive catering and events teams are available.
Intimate home dinner parties with live DJs, music, entertainment, spectacular personalised projection shows, great food, personal cocktail mixologists, and kid’s entertainment are just to mention a few of the innovative requests received across the island to create dream holidays. Before organising such an event please inform yourself about the latest Covid-19-related restrictions regarding reunions and "night life".
One thing is certain, with any travel commitment, we all need to be prepared for the possibilities of change and adaptability to such circumstances. The season of 2021 has gone well thus far, and we can see the light at the end of the tunnel for travel and tourism returning back to normal in the near future.
The good news is our Prestige concierge and rentals team are well-equipped and experienced in helping prepare your perfect holiday from beginning to end. Just simply let us know how we can best assist you!
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 Buying a Property in Ibiza – Top FAQ’s
Buying a property in Ibiza is certainly an incredibly exciting time. However, although exciting, it is also a very serious game! We highly recommend that all clients embarking on the property buyer’s journey, particularly from international backgrounds, fully inform themselves on the Spanish buying procedure, which can often entail a multitude of differences in legalities, costs and considerations when compared to the rest of Europe.
We’ve put together an easy-read blog on our most frequently asked questions, with numerous links to various guides, island locations and detailed articles, that will help the serious buyer find all the informative answers they need.
Here’s everything you need to know before buying a new home on the island of Ibiza…
What do I need to consider when buying a property in Ibiza?
When you are considering buying a property there are several things you will need to take into consideration;
What is the current housing market status in Ibiza?
Is it a good time to invest in property?
What is the property buying procedure in Spain?
Do I need a Lawyer, Notary, and Gestor?
Do I need residency, social security and Spanish Documentation (NIE/TIE)?
Do I need a Spanish bank account?
What are the related costs and legal fees when buying a property in Ibiza?
Can I get a Spanish mortgage or will an overseas mortgage be accepted?
Can I buy to let and obtain a Rental License for my Property in Ibiza?
What are the best areas to buy a property in Ibiza?
How can I find a reliable real estate agent and where do I start?
If you’ve been pondering these questions, and you’re keen to get better acquainted with buying a property in Ibiza, then read on and expand your knowledge from our experienced team of real estate agents.
Is it a Good Time to Invest in Property in Ibiza 2021?
In fact the immense pursuit from international clients has led to the high-end property market finding itself with a continued occurrence of a low supply versus a high demand. Naturally, where there is demand, areas become highly sought after, and even those smaller, lower costing properties, terrace housing, and apartments have taken a significant leap in value, creating an unwavering price curve for the whole of the Baleares.
What is the procedure to Buy a Property in Ibiza?
There are three notable phases when buying a home in Ibiza. Negotiation and Agreement, The Private Contract and Deposit Payment, and finally, The Sale Purchase Deed.
It is paramount that all buyers are aware of all the phases entailed in the property buying process in Spain. Our detailed Buyers Guide has been purposely written to help clients fully understand these three notable phases, and learn about the expenses related to buying a property in Ibiza.
To find out more about the seller’s expenses and responsibilities – read our Sellers Guide article.
What is the Role of a Notary, Lawyer & Gestor in Ibiza?
A Gestor is appointed for all the administration when buying a property in Spain, usually working as part of a Gestoria, otherwise known as an administration office.
To proceed through to completion of a sale, and become the legal owner of a new home in Ibiza, a Notary must legally complete a notarial deed. They are responsible for ensuring there are no outstanding claims on a property, and checking whether the property may be sold to a new buyer.
A Lawyer is responsible for all due diligence checks e.g. outstanding debt on the property, up-to-date payments on outstanding taxes paid, land registry data, building licenses and contracts.
Legal Construction Survey – A construction survey is usually completed by the local municipality for all newly built houses. Unless the property has obvious deficiencies, it is not usual to carry out a construction survey during a purchase here in Ibiza,. However, it is possible to hire a technician or architect who will review the state of the property if the buyer so wishes.
Do I need a Spanish Bank Account to buy a property in Ibiza?
Yes, it is a requirement to have a Spanish bank account in order to buy a property in Ibiza. The Spanish banks require a PASSPORT number to open an account. It is not necessary to have a NIE number in order to open or use a bank account – especially for non-residents.
What documentation is needed to purchase a Home in Ibiza?
The following documentation is required before signing the title deed when buying a property in Ibiza:
Original personal ID card or passport
Original NIE / TIE Number (an all-purpose foreigner’s identification and tax number)
Bank cheque or proof of bank transfers. According to the payment conditions.
Spanish Bank Account Details
Receipts for any payments already made
Your Gestor can guide you through the necessary documentation and help arrange all the required documents for you.
What are the Extra Costs of Buying a Property in Ibiza?
Generally, the total costs of buying a property in Ibiza can range between 8% to 12% of the purchase price and include the following:
Taxes: ITP 8-11% or 10% VAT + 1.5% Stamp Duty
Mortgage costs: 0% (since the new Ley Hipotecaria) or 0.5% of the mortgage amount if hiring a mortgage broker
The exact figures and variations can be seen in our Buyers Guide, which provides a comprehensive account of all the current taxes and additional costs related to buying a property in Ibiza.
Buying a property in Ibiza: Can I Get a Mortgage?
The short answer is: Yes, you can. Like anywhere else, you will have to fulfill certain criteria regarding income and fluidity, and the legalities of the property you wish to take the mortgage out over also plays an important part, however, there are generally few obstacles to asking for a mortgage in Ibiza.
Can I buy to let and obtain a Rental License for my Property in Ibiza?
If you wish to rent the property you are purchasing on a short-term basis or as a vacation home, then you will need to apply for a rental license, however, certain criteria will need to be met to qualify for a rental license and not all properties will meet these criteria.
It is illegal to rent an apartment for short-term holiday rentals with an exception of renting on a long-term basis (minimum 3 months) to one contracted tenant.
Which areas are best to buy a property in Ibiza?
The island of Ibiza is inundated with beautiful locations and plenty of diversity to suit all buyers looking to relocate or invest in a second home. Typically, Ibiza is divided into five municipalities, and we would highly recommend seeking the right location(s) that are most appealing before venturing on property viewings. Here are some small insights into each municipality below, with links to our informative articles to help you make the right location decision.
Buying a property in Ibiza: San José
Sant Josep de Sa Talaia, in the south-west of the island, consists of four charming villages, spectacular scenery and coastlines, archaeological Phoenician settlements, and an array of historical heritage sites. The culture and style of the municipality of San José varies throughout, from authentic charm to high profile and favoured ‘A’-list celebrity spots.
The Municipality of Santa Eulalia del Rio, encompassing the island’s east coast as well as much of the centre inland, is typically characterised by its idyllic family-friendly areas and returning tourism. The area boasts beautiful beaches, spectacular forestry, agricultural farmland, charming villages like the popular Santa Gertrudis, a Marina Port, and hosts a busy and vibrant atmosphere with restaurants and amenities open all year round.
Widely recognised by its World Heritage Site, the city is divided into, Dalt Vila (The Old Town), and the modern extension, Eixample. Additionally, Ibiza hosts two popular beaches, Talamanca and Figueretas, and just a few moments drive away sits the VIP area of Marina Botafoch where a front row set of luxury apartments and penthouses reside.
The municipality of Sant Joan de Labritja, located in the very North of the island, is typically characterised by its expansive rural areas and farmland. The unspoilt rustic municipality boasts four charming villages, plus some of the island’s most outstanding and picturesque beaches, such as Benirrás and the Bay of Cala Xarraca. The culture, community, and style of the municipality is reasonably diverse with both locals and international residents. However, the area is renowned for its laid back approach to life with a typical bohemian-hippy-chic label.
Check out our location page with more info on San Juan and to see all Current Properties for Sale in Sant Joan. Or head over to our article about "Living in Sant Joan".
Buying a property in Ibiza: San Antonio
The municipality of Sant Antoni de Portmany, typically characterised by its prominent tourism, is famous for its glorious sunsets, beautiful beaches and vibrant nightlife. However, aside from it’s tourism popularity, Sant Antoni de Portmany also offers many versatile and relatively less well-known aspects, including some of the island’s most secluded beach hotspots and Michelin star dining experiences.
How do I choose the right Professional and Reliable Real Estate Agency in Ibiza?
We cannot stress enough just how important it is to fully trust your real estate agent and ensure they know how to close a deal. We always recommend that you work with a reputable real estate agency from Ibiza.
There are many private people who promote themselves as real estate agents, who are not industry professionals, committed, trustworthy, or can guide you correctly through the property buying procedure. Save yourself time, hassle, and problems by ensuring you pick the right real estate agent, with both solid history and confident client reviews, right here in Ibiza.For some additional tips and tricks on how to navigate the sometimes rather confusing Ibiza Real Estate Market, check out our buyer’s ultimate guide to sanity during the search for the perfect home in Ibiza – "Ibiza Real Estate: Welcome to the Jungle", written by one of our top agents, Inge Van Knippenberg.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Living in Ibiza: Life in San José (Sant Josep de sa Talaia)
San José (Sant Josep de sa Talaia), located in the west of Ibiza, is renowned for its incredibly authentic and tranquil repose. Anyone looking for a prime location to buy a property, or embark on a short-term tourist visit, will be pleasantly surprised at this unique Ibicencan village.
Sant Josep (as it is called in Catalan) offers spectacular surroundings, plenty of traditional charm, a local community and family-friendly atmosphere, with vast mountain landscape views, direct access to Ibiza Town, and quick accessibility to many of the encompassing beaches of the municipality, such the renowned hotspots like Cala Jondal, Sa Caleta, Cala Molí and Cala Tarida.
The traditional village is known as the ‘capital’ of the Sant Josep de Sa Talaia municipality, which sits perfectly at the foot of Sa Talaia, the island’s highest mountain, measuring 475 meters high. The beautiful main street and adjacent cobbled alleyways are complete with a central white church, a wealth of desirable restaurants, bars and cafés, a handful of boutiques, and a local craft market held each week throughout the entire year.
Although the area has become a high attraction to many new visitors and international clients, San José village is still very much a traditional corner of Ibiza, which is perfectly knitted together with old and new.
San José (Sant Josep de sa Talaia): The Church
Every village and town in Ibiza is marked with a traditional parish church at the centre, however, the San José Church is somewhat unique when compared to other villages. The whitewashed building is of an exceptional height with a façade next to the belfry bell tower, a wide portico, a sundial, three frontal arches, and a large separate entrance to the rectory.
The church is a regular tourist attraction for those cultured visitors on the island due to its magnificent interior design and artworks. Although many of the original works of art were damaged during the Spanish civil war in 1936, restoration took place in the late 18th century, making San José Church an incredibly beautiful and interesting visit.
The church of Sant Josep is still very central to the local townspeople with regular faith gatherings and early morning ringing of the bells throughout the village, where the monumental landmark stands as a proud symbol watching over the local Ibicencan community here.
San José (Sant Josep de sa Talaia): The Culture
San José village has gracefully held on to much of its original community spirit and historical architecture and is one of the few places left on the island where time seems to have stood still. The area is notable for locals regularly scattered, sitting on café terraces, hosting daily ‘meet and greets’ as part of everyday life under the shade of the village trees. San José is widely recognised as a village where locals outnumber tourists most of the year.
However, during the height of the season, Sant Josep also has a very inviting ambience and a casual yet vibrant evening life that openly welcomes tourism into its quaint traditional setting, which is perfect for indulging in some great gastronomic eateries and enjoying some fantastic live music.
San José (Sant Josep de sa Talaia): The Amenities
There are several supermarkets, a fishmonger, a butcher, two patisseries, various banks and a pharmacy, as well as plenty of smaller independent shops and boutiques to browse around during your San José visit, including many handmade ceramics stores, local fashion, home decor and artisan souvenir shops.
For such a traditional town, Sant Josep also offers a bounty of choices for gastronomy, from up-market eateries to pizzerias and local bars where you’ll appreciate extraordinary cocktails and live music. Look out for Raco Verd Ibiza serving healthy breakfasts through to afternoons and evenings of Spanish tapas and homemade Mexican cuisine. The beautiful bar and restaurant are set in a picturesque finca farmhouse garden, offering regular live music from both local and visiting artists, from Acoustic Rock, Jazz, Blues, and Bossa Nova through to authentic Flamenco Dance Shows.
Although not directly in the town itself, Can Domingo also comes highly recommended. A garden filled with the scent of wildflowers and tables nestled amongst the canopy of mature olive and fruit trees. Can Domingo is a pleasant dining experience with a menu presenting true Italian contemporary fine dining with a touch of tradition, reflecting the abundance of high-quality local produce and the providence of the Can Domingo organic garden.
Destino is located in the center of the village with a large outdoor terrace, directly in front of the church. Its cuisine is based on small tapas bites and an original menu, that come highly recommended among the local crowds. The owner, Claudio Radke, is of German and Moroccan origin, which translates into a varied, authentic and tasty cuisine.
Restaurant Es Galliner offers a typical Ibizan menu with plenty of Spanish classic dishes. The cozy, yet no-frills family-run restaurant has been open for over 14 years and still uses Mama’s secret recipes for their desserts, including their well-known Ibizan Mint Cheesecake (the flaó). With great reviews on Tripadvisor and a popular hang-out among locals, Es Galliner is one of the most frequented restaurants in the village. From morning breakfast through until lunch and dinner, the restaurant hosts an incredibly reasonably priced menu and a wide variety of plates to choose from.
Can Jeroni Cultural Centre is the main cultural centre located close to the village town hall. Here the local community and visitors alike can enjoy a trip to the town cinema and enjoy the regular shows and numerous cultural activities on offer throughout the year. Keep an eye out for their regular updates on their cultural calendar here.
San José (Sant Josep de sa Talaia): Ecological Food and Craft Market
San José offers an inviting and atmospheric weekly market, held every Saturday, throughout the entire year promoting the local artisan and ecological products of the island.
The ‘market-meeting-place’ overspills onto the streets and offers a wide variety of local farmers’ produce, street food, handcrafted artisan gifts including traditional wicker baskets, jewelry, local organic baked goods, leather goods, children’s soft toys, typical bohemian fashion, and plenty of local art.
San José Fiesta
Each town celebrates its own patron saint day with festivities and celebrations to mark the occasion. Usually set across an entire week, a program of cultural, gastronomic and musical events is organised through different associations and the local City Council. Every year around the 19th of March, Sant Josep hosts their patron day. A spectacular festival consisting of music concerts, a Flower Power party in the church square and plenty of traditional folklore performances. There’s always plenty of markets, food stalls, children’s entertainment and regular family activities to get involved in.
Properties for sale in San José (Sant Josep de sa Talaia), Ibiza
Those looking to buy a property in the San José (Sant Josep de sa Talaia) area are typically attracted to the authenticity of Sant Josep Village. This authenticity is mirrored by the type of properties for sale in the area. Homes are often of a classic Ibiza design with lush Mediterranean-style gardens and offer a certain warmth to their homes or villas.
If you are looking to buy a property in the area of San José then why not take a look at our in-depth guide on the Sant Josep de Sa Talaia Municipality here.
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.
Check out our villas for holiday rental and properties for sale in the area of San José (Sant Josep de sa Talaia) here:
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Prestige Properties Ibiza Loves IbizaPreservation
Ibiza and Formentera are some of Europe’s most popular tourist destinations. In 2018, 3.1 million visitors were recorded, creating a tourist to resident ratio of 20/1 – the second-highest in the world, thus placing enormous pressure on our land, water, and ecosystems, as well as increasing the development of larger infrastructures, such as roads, urbanisations, desalination plants, and sewage treatment facilities.
To address these issues, IbizaPreservation supports projects to ensure the protection and sustainability of our island and our sister island Formentera.
Read on to find out more and how Prestige Properties has joined the fight!
About IbizaPreservation
For the past 10 years, IbizaPreservation has been actively working towards the protection and sustainability of our island’s, Ibiza and Formentera.
The foundation relies on the donations of the local community and from organizations around the world to continue to support environmental local initiatives.
Their main areas of focus surround the protection of rural and marine spaces by helping to conserve island landscapes, biodiversity, and water. IbizaPreservation believes the tourism-based economy can coexist harmoniously with our unique cultural and environmental heritage if we choose to evolve. IbizaPreservation supports this evolution by leading, funding, and enabling nature and biodiversity preservation projects on land and at sea.
IbizaPreservation’s Project: Plastic Free Ibiza and Formentera
Plastic Free Ibiza aims to phase out single-use plastics in Ibiza and Formentera by 2023.
Ibiza generates 36% more waste per person than the rest of Spain. Much of this is plastic. As more plastic ends up in the sea and on our beaches, it’s harming our marine environment and endangered species.
With 14 organisations, IbizaPreservation is collectively researching and finding solutions on how to replace, reduce, reuse and recycle plastic.
For more information on the project, visit the Plastic Free Ibiza and Plastic Free Formentera website here.
IbizaPreservation’s Project: Posidonia Protection
Posidonia seagrass forms underwater meadows critical to our marine ecosystem. They provide the main carbon sink in the Mediterranean, produce oxygen, purify the water, prevent coastal erosion, and are important breeding grounds for fisheries.
Ibiza and Formentera have Posidonia meadows more than 1000 years old which are recognised by UNESCO as World Heritage. Uncontrolled boat anchoring, pollution, and coastal construction have destroyed thousands of square meters of Posidonia, and more losses could have a serious impact on our ecosystem.
With Marine Experts, the IbizaPreservation is working towards protecting and keeping our Posidonia meadows and seas pristine, and full of life.
For a thriving natural environment and long-term economic and social prosperity, IbizaPreservation is addressing issues relating to tourism, including land use, water, waste, energy, biodiversity, and transport.
To gain a better understanding of these issues, in 2018 IbizaPreservation created the Sustainability Observatory to track the evolution of socio-environmental issues in Ibiza from a data-driven, scientific perspective. The aim is to guide priorities and actions for the conservation of the island from a position of knowledge.
The Observatory’s studies have the backing of the Balearic regional government and the Consell of Ibiza and are seen as a crucial tool to help inform public debate and promote more sustainable solutions.
KM0 or "slow food" products benefit our health by maximising our nutrient intake; they benefit our planet by cutting down on harmful carbon emissions; and, by buying them, we, in turn, champion farmers, fishermen, and food producers in our community.
IbizaPreservation launched the Ibiza Produce project in 2018, to create a platform through which the concept of farm-to-table becomes more accessible and connected.
IbizaPreservation’s Project: Marine Forum
The Marine Forum of Ibiza & Formentera was born in 2019 with a vision to create a space for discussion and debate about the environmental future of our islands.
It provides a unique opportunity by uniting public and private sectors with civil society, aiming to stimulate high-level debate and propose a framework for the recovery of our marine environment. This framework is based on three key objectives: reducing discharges of wastewater into the sea, improving the protection of coastal habitats, and eliminating single-use plastics in Ibiza & Formentera.
Prestige Properties Ibiza & IbizaPreservation
In February 2021 Prestige Properties joined forces with IbizaPreservation by offering a one-time donation, and from there on committing to donating 50 € for every property sale, and 5 € for every rental deal closed. This collaboration is set to be ongoing and indefinite. To read more about our other "Green Initiatives" read our article:
If you are interested in finding out more, supporting, funding, or simply educating yourself on becoming an eco-friendly citizen in Ibiza, then follow our links below for more information.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
What to expect for the season of 2021 – Ibiza Travel News Update
Our rentals team at Prestige Properties Ibiza has seen a positive flow and strong enthusiasm for travel this upcoming 2021 season, with many keen clients determined to get their well-deserved summer holidays secured this year – finally!
However, pursuing a dream 2021 vacation still comes with a little apprehension. Naturally, everyone is curious to know what ‘expectations’ they should encounter over the coming months.
So, we’ve put together a little ‘Season 2021’ blog for everybody wishing to travel to Ibiza, with plenty of linked information at your disposal. We want everyone to feel confident that Ibiza hosts many pleasurable lifestyle and travel opportunities, and help you make the most of your 2021 travel.
What do I need to be able to Travel to Ibiza
With most European travel borders now already open, (with the remaining reopening in the coming weeks – the UK particularly has recently announced set plans to allow travel to the Baleares once again, classifying it as a safe holiday destination, with no need to quarantine upon return) we are confidently expecting to see a promising influx of tourism.
Travelling to Ibiza is possible for tourism with a negative PCR test, filling out a simple health form with a QR code on arrival and, naturally, respecting any safety measures and regulations in place.
What are the current COVID-19 measurements and restrictions in Ibiza
Ibiza has been incredibly efficient over the past year, and particularly cautious over the winter season to ensure the health and well-being of everyone. Our restrictions and measurements are regularly reviewed, in which we are currently seeing further de-escalation month after month. You can stay updated with our Covid-19 2021 News here.
The general expectation is that we will see a season similar to that of 2020, whereby everyone is welcome and able to enjoy their holidays with the freedom to move around and experience everything on offer.
All outdoor activities and social events, such as relaxing on beaches, swimming, sporting activities, visiting landmarks, shopping, local markets and hippy markets, and enjoying the restaurants and bars (including the beach clubs) are available, with many seasonal venues already open.
The only main difference compared to pre-Covid-19 seasons, has so far been the closure of our nightclubs and large-scale overcrowded venues, including some hotel events. However, recently the government announced that the summer could hold potentially good news regarding re-opening our world-famous nightclubs. Measurements are expected to be in place, but the overall aim is to have the clubs open with the provision of health passports, declaring full vaccinations as a requirement for entry by July.
What’s on in Ibiza 2021
Many of our visitors from the 2020 season offered great feedback from their last summer vacation. It became quite apparent visitors took more time to explore the great outdoors, developed a special interest in culinary experiences and daytime venues, enjoyed the luxury of private boat days with their friends, simply relaxed, or adventured those less travelled paths, discovering the island’s hidden gems.
You can take a look at our Winter in Ibiza – Nature & Leisure Activities and Cultural Activities and Festivities blog to discover in detail our island’s hotspots, outdoor activities, and experiences, which are of course available all year round. Here you will find everything you need to create a fun and memorable holiday itinerary from vintage hippy cars, regular artisan markets, museums, watersports, and everything in between.
During May and June Ibiza has planned to host some great extracurricular activities that can be enjoyed by all. The Balearic Triathlon Federation and Ibiza Blue Challenge are organising the Balearic Duathlon Cross Championship 2021, which is currently open to all competitors internationally. The challenge will be held on Sunday, May 9 at 10:00 in the Can Truy circuits of the town of Santa Eulària, and includes a 3km race, 10km Mountain Bike Race, and a further 1.5km race. To find out more and to register, go to the Sports Maniac Balearic Championship DUATHLÓN CROSS website.
From May 7th until 9th our annual Medieval Ibiza Fair is due to return with the focus on outdoor shows running over three days, including theater, medieval music, shows, dance, storytelling, and guided tours of Dalt Vila. All the shows are held in the Reina Sofía Park, and proceeds go to the Red Cross.
During June, many of our small local villages come alive with wonderful annual festivities and daytime markets. Our regular San Juan hippy market has recently returned every Sunday and is bustling with life and vitality, giving a true reflection of the local Ibizan spirit. A fun-filled day of live music, street food, and market stalls with local farmers’ produce, handcrafted artisan gifts, jewelry, healing crystals, Hierbas liqueurs, organic bread, coffee, leather goods, typical bohemian fashion, and plenty of local art.
St. John’s Festivities (Festes de Sant Joan / Fiestas de San Juan), which is the annual village celebration of San Juan village is also due to be held on June 23rd, attracting many visitors to celebrate the famous Flower Power party, and an evening of firecrackers and jumping through bonfires. As our usual Medieval Ibiza Fair is running, we expect this wonderful event will equally take place this year as usual.
The Social Scene in Ibiza 2021
The music scene has very much transferred into many great ‘daytime venue parties’. Everything requires a reservation, seated dining, and full table service, but you will be surprised at the up-market and relaxed atmosphere on offer, as some of the island’s DJs have taken on a slightly different element to their career.
Look out for Las Dalias Hippy Market over the weekends for a family-friendly day out. The vibe is as it always was, flowing freely with the authentic Ibiza spirit, and the food is pretty good too!
Alma Eat is Life has also been recognised for its regular live DJ event, "Life is better at the Beach", with a special bespoke BBQ service with quality cuts of meat and inclusive wine. The venue event often features the island famous DJ Andy Baxter and internationally renowned Ida Engberg.
Pikes Hotel is now offering a Brand New Food Concept of a regular brunch with the island’s famous Foodie Influencer – Love Food Ibiza. "Love Food Ibiza at Pikes is a menu designed from Tess’ worldwide culinary experiences, to cover all tastes and food desires. The dishes are predominantly ‘contemporary eclectic’ with Ayurvedic and macrobiotic influence. And, if you are looking for that DJ daytime set, then save for a visit for Sunday’s by the pool, sipping cocktails in the sun, and divulging into the world famous Pikes Sunday Roast as the sublime soundtrack soothes your soul.
For the majority, a vacation means the luxury and enjoyment of Mediterranean evenings with a little al fresco dining of great food and great wine with a little added ‘let your hair down’ late-night events.
Whilst our restaurants are open, curfews are still in place, and venues are allowed outside for seated dining on their terrace spaces until 22.00hs in most cases, with a home curfew at 23.00hs.
Exclusive Private Villa Event Opportunities
For those who wish to stay away from the cosmopolitan scene, or even for those who would prefer to keep the night young, then many private and ultra-exclusive catering teams and private chefs are available.
Intimate home dinner parties with live DJs, music, entertainment, spectacular personalised projection shows, great food, personal cocktail mixologists, and kid’s entertainment are just to mention a few of the innovative requests received across the island to create dream holidays.
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The good news is our Prestige concierge team is well-equipped and experienced in helping prepare your perfect holiday. Just simply let us know how we can best assist you!
We are foreseeing another great year here in Ibiza, where clients are reporting to see and experience more than ever before here on our magical island!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Reducing CO2 Emissions – Calculating our Carbon Footprint
Over the past century, it has been estimated that global CO2 emissions have risen from 2 billion tons (recorded 1900) to a staggering 36.5 billion tons (by 2018).
While it’s easy to see a statistic and stay distant from the issue, individuals, businesses, and organizations must collectively acknowledge the significant correlation between our increased Co2 emissions and the devastating effects on planetary climate change.
The fight against climate change requires the active reduction of our energy consumption. Energy efficiency and reducing our carbon emissions is the transition needed to work towards a clean energy future.
Reducing Co2 Emissions in the Workplace
For every company, a chain of energy exists. Businesses and offices produce Co2 emissions and consume energy through the use of natural gas, electricity, heating oil, propane, servers, fleet, employee, and commuter travel.
Businesses can reduce their carbon footprint through several actions that include the usage of renewable energy sources, simply regulating the office thermostat, ensuring all plug sockets are switched off at the end of the day, choosing a laptop instead of a desktop computer, sharing vehicles, recycling, etc.
Calculating our Carbon Footprint
Whilst most businesses may not have the time, knowledge, and resources to spend organizing, planning, and sustaining eco-friendly actions to make a difference to their carbon footprint, there are companies specialised in calculating and providing energy-efficient solutions to help create a more sustainable workplace.
In the latter part of 2020, we calculated our Carbon Footprint: Prestige Properties Ibiza emits approximately 18 tonnes of CO2 per year.
Since actively calculating our carbon footprint, we have now received an official manual for reducing our emissions in the office by changing electrical equipment to newer more efficient versions, changing to more hybrid or fully electric cars, switching off all equipment at the end of the day, and keeping air-con’s systems within reasonable temperature limits.
Off-Setting
Offsetting means funding global projects to reduce carbon emissions elsewhere, to "off-set" the amount of emissions you create. Frequently carbon offsetting reduces emissions much faster than an individual or single company can.
Carbon offsetting projects help to combat global climate change as well as caring for local communities. In many instances they also are known to provide needed employment, health improvement, biodiversity, reforestation and broad social benefits to impoverished communities.
For the future, we are now looking at projects to off-set our footprint, so that we can be a 100% carbon neutral company. So, stay tuned for more information.
While real solutions require action on a global scale, there are choices you and your business can make in your day-to-day work life that will lessen the impact on the environment. The more companies that decide to be carbon neutral, the greater the impact will be for a cleaner future.
Having a specialised Partner Program with an innovative way to help our business calculate, reduce and offset our carbon footprint has set us on a clear path to help the environment, fight climate change, and help work towards the transition to a clean energy future.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Prestige Properties Ibiza – Social Responsibility and Community Initiatives
Our team at Prestige Properties Ibiza collectively considers our Corporate Social Responsibility (CSR) as a humble opportunity to ‘give back’ to Ibiza. Our gratitude for our home and the opportunities we receive as a business, as well as individuals, motivates us to acknowledge our accountability as citizens and encourages us to return our gratefulness through ethical change to benefit our society.
Like all communities, Ibiza is presented with issues of inequity, environmental concerns, small local businesses in financial difficulty (post-global pandemic), and families struggling to thrive. In this way, we believe we must be part of the solution, advocating for balance, equal opportunities, sustainability, and the health and welfare of all.
"Every individual and citizen group should, together, be accountable for the welfare, health, and safety of their entire community". – Victor, Sales Director & Partners at Prestige Properties, 2021
Our company’s philosophy has actively started working towards a better balance between economic prosperity, environmental protection, and social stability.
Social Responsibility and Community Initiatives
Since 2017, we have prioritised green-living as part of our business education and mindful lifestyle practice at Prestige Properties Ibiza. We have also made a conscious effort to give charitably, utilising our gratitude to help others in the best way we can, and as much as possible.
Our Corporate Social Responsibility aims to:
Make a stand to protect the overall well-being of our island, and the environment, while lessening the negative impacts we create as a company.
Regularly create campaigns through our advertising and social media channels to raise awareness of injustice, environmental issues, charitable and NGO affairs, sponsorships, and volunteering opportunities.
Regularly engage and support charitable giving.
Support small, local businesses with sponsorship and promotion.
Reduce our energy consumption & become carbon neutral
Inform all of our tourism and relocating clients on environmental and sustainable living in Ibiza, through both factual and practical advice
Buy products and services from socially responsible companies, as well as local businesses, thus impacting the island’s sustainability, profitability, and trade.
Our Social Responsibility Action Timeline
Here’s our Social Responsibility timeline so far to date. You can visit our ‘Prestige Goes Green’ blog to see all of our environmental and sustainable CSR activity, however, our community initiatives and ongoing social stability support are listed below.
Supporting Local Businesses
In recent years, Prestige Properties Ibiza has actively collaborated with many local community projects and companies through sponsorship and promotional campaigns.
Cinema Paradiso
In 2017, we sponsored Cinema Paradiso in the Baluarte (a local cultural event here in Ibiza). The Baluard de Sant Pere is part of the UNESCO World Heritage Site in the heart of Dalt Vila, which is open to the public. Cinema Paradiso has hosted some spectacular outdoor cinema experiences right here within the charming walls of the old city.
Cinema Paradiso is a local business that dreamed of creating "The Ultimate Cinema Experience". Whether you attend a public screening at one of their varied locations or opt for a private cinema session in your home or villa, the team goes above and beyond to ensure a memorable occasion. The company has provided Ibiza with a great addition to its seasonal cultural activities, and lent towards supporting the tourism industry, necessary for our island’s prosperity.
You can see our sponsorship and cinema advertising on our youtube feature below:
Campos de Ibiza
When you rent a property with Prestige Properties we offer all of our guests a gift pack with products from Campos de Ibiza as part of our rental service. On arrival, a special range of body and hair amenities, created from natural ingredients, originating from our fruitful island, free of parabens, and free from animal testing are waiting to greet you.
We are very pleased to provide a unique gift and support this local family company, which also ensures all of their product containers are recyclable and manufactured in a manner that is sustainable, generating minimal waste.
My Ibiza and Formentera
My Ibiza and Formentera is a must-have guide for any traveler visiting Ibiza. Created by Hjordis Fogelberg, who spent her childhood summers on the island and has developed a knowledge and passion for the island, resulting in nothing less than an authentic travel guide with recommendations for the best sporting activities, top sunset spots, culinary experiences, events, and cultural living. ‘My Ibiza and Formentera’ is personally illustrated by Hjordis herself, making this guide a beautiful souvenir and a little gem of artistic expression.
We are very happy to collaborate on this project by sponsoring the inside front cover since 2019.
The guide is available for sale all over Ibiza island, Mainland Spain, London, Paris, and Holland. To order directly from the author, head to ‘My Ibiza and Formentera’ Facebook and send Hjordis a direct email purchasing request!
Illustration by Hjordis Fogelberg
Cafe de Ibiza
In 2019, we switched our coffee machine from the Nespresso brand which uses plastic capsules, ending up in landfills, to one which grinds fresh coffee beans. From here we decided that our coffee beans should be from a local company. Our decision promotes KM0 transportation, waste reduction, and also supports a locally operating business here in Ibiza! Our chosen coffee now is Cafe de Ibiza.
Charitable Giving
Food for Ibiza
In 2018, we decided to choose a campaign that was both close to our hearts and also directly linked to our workplace, through our colleague Nina Negru: the 4th Edition of ‘One Toy, One Smile’, organised by Food for Ibiza.
Food for Ibiza is a non-profit organisation that has been actively supplying some of the island’s poorest families with food and basic necessities. The organisation solely runs on the support of volunteers and is dependent on the generosity and donations made by the local community.
"One Toy, One Smile" offers the gift of toys and a €25 per head coupon to be spent on a family Christmas menu at their nearby supermarket. At Prestige Properties, we were overly happy to be part of such a wonderful project.
We are very proud to be working with one of the founding members of Food for Ibiza, our colleague Nina Negru, as part of our team of sales agents.
In February 2021, we made a generous donation to Food for Ibiza. The pandemic has resulted in a record number of people in Ibiza struggling and utilising their charitable services. Any kind of food relief and donation is highly needed at this difficult time. To make your own donation or to find out how you can get involved, contact our colleague Nina via the Food for Ibiza Facebook page.
To find out more about our collaboration with Food for Ibiza, check our ‘One Toy, One Smile’ blog here!
In conclusion…
CSR has the potential to positively impact the everyday lives of individuals and families presently here in Ibiza, as well as those future generations who are yet to come. Whether by donating to charitable causes, supporting environmental changes, or considering programs to help people from developing countries, our social responsibility as a community has the power to improve the lives, health, and environment of others.
Together small-scale commitments through CSR programs and personal actions can result in changing someone’s day, creating one small step towards a better future, or even changing the future outcome for our local communities and planet in the years to come.
We believe in Giving Back.
We believe in Going Green.
We welcome you to join us in this pursuit!
Get Involved!
There is no time like the present to give back and to get involved. Ibiza has many projects and NGOs listed on the island where we can all support, donate, activate, and simply ‘do our part’. No matter how big or how small, you can make a difference.
Take a look at our local initiatives here on the island below;
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Prestige Properties Ibiza Goes Green & Sustainable
Living sustainably is no longer a thing of the past, a desirable way of living, or even a questionable affair. In today’s society, with growing populations, CO2 emissions, waste, and increased pollution, it is essential to practice green living as part of our everyday lives.
In a world where most of us have the availability to live beyond our means, we have allowed for problematic statistics of over-consumption, and therefore adverse consequences from our daily choices and excessive living, leading to dangerous levels of planetary changes.
Failure to live in a sustainable way results in our human existence and habitat at risk of harsh environmental and climatic changes with increased temperatures, leading to global warming, as well as unclean air and sanitation, and concerning water and food shortages.
When we strive for environmentally-friendly living, we significantly reduce the impact of extreme environmental changes that could otherwise be very harmful and threatening to our home, Planet Earth, both now and in the future.
Sustainable and Preserved Ibiza
A greener planet means a cleaner environment and a brighter future for all. With a better quality of air, surroundings, and food, we are more likely to be healthier for longer and subsequently, see a long and safe future for generations to come.
At Prestige Properties Ibiza, we understand how privileged we are to live on an island surrounded by nature with an abundance of cultivated land and natural resources, and also how these attributes are precisely what bring both local well-being and prosperity.
Over the past few years, our company’s philosophy has actively started working towards and advocating for an equal balance between economic prosperity, environmental protection, and social stability.
Going Green
There are many ways of going green and living sustainably to help preserve our island’s environment.
Since 2017, we have prioritised green-living as part of our business education and mindful lifestyle practice at Prestige Properties Ibiza, which has enabled us to contribute towards protecting the environment, preservation, and the conservation of our island’s natural resources as much as possible.
Our aim of going green is to:
Reduce our Island’s Overall Pollution
Reduce Resources used, Consumption, and Eliminate Non-Essential Waste
Conserve our Natural Resources, Farmland, and Forest Life
Conserve our Marine, Water, and Terrestrial Resources
Maintain the Natural Ecological Balance – Flora & Fauna
Fast-forward to 2021, Prestige Properties Ibiza ensures every business decision takes into consideration the impact on the environment and also our local community, with a calculated plan of action to guarantee a greener solution.
Our Green Solutions
To be able to fulfill our aims for green-living, we have made many changes to our working environment and daily practices.
Some of our environmentally friendly practices currently include:
Reducing Energy Consumption – Co2 Emission Calculations & Adjustments
Becoming Carbon Neutral and Off-Setting
Purchasing Eco-Friendly Office Items
Recycling and Upcycling
Green Mode Hybrid Cars and Team Carpooling
Raising Money and Sponsoring Sustainable Projects
Reducing Paper Consumption and using 100% Recycled Paper
Collaboration with Local Projects and Preservation Funds
Our Green Timeline
Here’s our green timeline so far to date with changes to our working environment and daily practices. We hope to see and add many more as we learn and improve our sustainable living.
Green Mode Hybrid Cars
In 2017, our managing and sales director Victor switched to a Hybrid Toyota Car. All non-electrical vehicles run on gas, and our gas is a limited and non-renewable resource, which emits harmful pollutants and waste like carbon dioxide, carbon monoxide, and nitrogen gas into the atmosphere causing severe pollution and global warming via a greenhouse effect.
By changing to a hybrid car, we become more energy-efficient and move towards protecting ourselves against increased environmental pollution and climate change. Hybrid cars, although still partially run on gas, are found to have lower gas mileage, thus improving the gas economy. By partially using electricity, hybrid cars produce fewer toxins, harmful emissions of gas, and pollutants.
Following Victor’s inspiration and role-modeling, our colleague Nina, in 2018 also did the same and switched to a Hybrid car. The majority of our team have agreed that when the time has come for them to change their cars, they will also opt for either an electric or a hybrid model.
Sponsoring Projects – Sabina (Juniper) Trees
In 2018 we sponsored ‘The Sabina Boys’ on their Mongol Rally to raise money for the reforestation of Sabina (juniper) trees in Ibiza’s burnt down forest areas.
"The Sabina Boys", grew up together in Ibiza and participated in the famous charitable challenge "The Mongol Rally". The Mongol Rally is an annual event that covers roughly 30,000 km through mountains and desert, from Europe to Asia. The charity race is supported by an NGO of their choice.
"The Sabina Boys chose the NGO Ibizaconciencia.org and passed their donations to the campaign of "Reforesta Ibiza", where reforestation days were organised by students on the island, re-establishing native forest areas devastated by wildfires.
Prestige Properties proudly donated to their cause, as we also wanted to help and see the replanting of our beautiful and protected Juniper (Sabina) Trees in the burnt areas of the Ibizan landscape.
According to sources of the "Conselleria de Medi Ambient, Agricultura I Pesca", in 2017 there were 95 forest fires that burned 168.1 hectares in the Balearic Islands; of which 71% in Mallorca, 17% in Formentera, 11% in Ibiza, and 1% in Menorca.
Negligence and accidental causes were found at 58% of these claims, while intentional fires were approximately recognised at a staggering 20% of all causes.
In 2018, the Government reinforced the Fire Protection System in Ibiza. Here Prestige Properties Ibiza proposed to ensure better prevention and help lower the risk of forest fire through actively raising the awareness of our clients and tourists, with regular campaigns and advertising over the summer season.
Using less paper reduces your carbon footprint and sustains the environment by preventing trees from being cut down, eliminates energy used to convert a tree into a piece of white printing paper, and prevents plastic consumption from the plasticised paper products. Using less paper also helps to reduce the amount of waste produced by decreasing the refuse sent to landfills or industrial recycling sites.
In 2018, we decided to switch to 100% recycled and chlorine-free paper made in Italy for our printed property magazine, which by 2019 went on to include all our business stationery, such as our business cards and property folders.
In 2020 we decided to reduce our paper consumption further by changing the format, design, and content of our bi-annual magazine to become an annual edition, essentially to reduce and minimise waste.
Also, we recognised our annual magazine did not require unnecessary distribution and wasteful activity. We, therefore, allowed for the magazine to be given directly to clients who asked for a copy, and to a few selected venues on the island, but not for mass-marketing.
Many island real estate companies heavily distribute their magazines across the island, to every home, restaurant, and venue possible. The end-result is these often get left lying around, polluting the countryside, and with many using plasticised brilliant paper, which takes 100s of years to decompose and are left leaking damaging toxins into the ground. With our example we hope to inspire some of our colleagues in the industry to take similar steps towards eco-solutions.
Recycling and Upcycling – Plastic Reduction & Recycling
In early 2019 we switched our coffee machine from the Nespresso and their capsules (which end up in landfills) to a machine that grinds fresh coffee beans (we like to use our local favourite Cafe de Ibiza).
We also invested in plenty of drinking glasses to replace the plastic cups for our water machine, which, additionally, uses glass water bottles that are cleaned and reused rather than sent for recycling. Our single-use plastic consumption has been reduced by almost 90% collectively as a group here since we made these small yet powerful changes. And, of course, we also practice the separation of waste by material to aid the recycling efforts on the island.
Reducing CO2 Emissions – Calculating our Carbon Footprint
In the latter part of 2020 we calculated our Carbon Footprint: Prestige Properties Ibiza emits approximately 18 tonnes of CO2 per year.
Since actively calculating our carbon footprint, we have now received an official manual for reducing our emissions in the office by changing electrical equipment to newer more efficient versions, changing to more hybrid or fully electric cars, switching off all equipment at the end of the day, and keeping air-con’s systems within reasonable temperature limits.
For the future, we are now looking at projects to off-set our footprint, so that we can be a 100% carbon neutral company. So, stay tuned for more information.
Collaboration with Local Preservation Efforts – Ibiza Preservation Fund
In February 2021 we joined forces with the Ibiza Preservation Fund by offering a one-time donation and committing to donating 50€ for every property sale, and 5€ for every rental deal we close. This collaboration is set to be ongoing and indefinite.
Here is some more information on the projects and important work of the Ibiza Preservation Fund.
Going green at home, in the workplace, and as a community offers numerous benefits. If we all work towards sustainable living, and an eco-friendly planet, our home, and all living things receive the best possible quality of life and a hope for a bright time to come.
Prestige Properties Ibiza is proud to be an advocate of sustainability within our industry. Collaborating and working together with our local community and environmental organisations like The Ibiza Preservation Fund enables us to contribute towards the islands’ well-being and future.
Green living helps make Ibiza, and the planet, sustainable and habitable.
We believe in Giving Back.
We believe in Going Green.
We welcome you to join us in this pursuit!
There is no time like the present to give back and to get involved. Ibiza has many projects and NGOs listed on the island where we can all support, donate, activate and simply ‘do our part’. No matter how big or how small, you can make a difference.
Take a look at our local initiatives operating under Sustainability and Green-Living here on the island below:
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
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:
The General Balearic Property Price Curve
The Ibiza Property Price Curve
Prestige Ibiza Luxury Housing Market Report 2020
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.
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.
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.
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.
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
