Why you should sign an exclusive mandate with Prestige Properties

Many people ask us why they should offer us their property exclusively, if they can also offer it to other agencies and thus have access to more customers and have a greater possibility of sale. This is a good question, but it turns out that in fact this logic is less favorable for a sale than it seems at first sight.

We are one of the most steady agencies in Ibiza with more than 35 years of experience and therefore, we have access to a very plentiful client portfolio. The reality is that, as Ibiza is small, many clients make what is called "agency shopping", which means that they call or go through several agencies and charge all of them the same searches.

As many agencies have the same properties, there begins the struggle for customer protection with the owners – this means that every time an agency offers its property to a customer, the seller has to sign and confirm that this customer has not been previously submitted by another agency. Therefore, they will have lists of client names for each agency to control the protection of each client – in cases that have signed with an agency for a client, and then are forgotten and another agency is presented with the same client and the sale is made legally, will be obliged to pay the two agencies their full commissions (in total about 10%) – these cases must be avoided having everything well controlled.

Working with just one agency, the owner does not have to deal with the issue of customer protection – because all customers will go through this single agency. As we collaborate with the biggest and most professional agencies in Ibiza, through the Association of Real State Professionals called APIBIZA, as well as with international portals like Rightmove and Zoopla, the owner does not lose access to any potential clients.

Another very important benefit of having a single agency managing the sale of your property is the control over the marketing of the property. Like all products, in order to be able to sell at the best price and in a desired period of time, you have to create a marketing strategy customized to the product. As Product and Marketing Manager, I would be personally managing the commercialisation and marketing for your property. To begin with, we would offer your product through our internal networks to selected customers. Our exclusive product marketing service also includes a professional photo report, floor plans and a video drone of the interior and exterior of the property. Then we select some agencies and portals to publish the house in a uniform and controlled way – the worst thing that can happen to a product, is to be published on too many websites, without selectivity, and with disinformation – Serious customers are looking for Several sites and will quickly realize if a product appears everywhere, devaluing the product – in high ranges as their product, the exclusivity is a very important factor in the decision to purchase customers. When a product appears wildly and with erroneous information in the market, it does irreparable damage to its value.

Therefore, the control of each customer viewing with each "feedback" for a correct sales follow-up will be more effective when is analyzed in only one central point.

For the seller, having access to 100% of potential customers and at the same time receiving a personalized and exclusive service from a single agency, ensures that the sales process is a pleasant and comfortable experience at all times.

Blakstad architectural history: The Traditional Ibicencan Finca

The traditional "Casa Ibicenca" essentially conformed to a broad room [porxo] that has an entrance on one long wall and a succession of rooms opening off the other three walls. The porxo was used as a living room and work place. Little chairs were lined up against the walls and a table set on one side. If needed, the table was moved to the centre of the room and chairs set around it. This gave the room adaptability for various activities.
Windows in ancient Ibicencan houses were very small and did not contain glass. They were not used primarily for light, but for air; light, and warmth generally came from the south-facing front door. Here you could see farmwomen shelling almonds, embroidering or spinning wool. The farms themselves differed from those on the other Balearic Islands, in that they were generally smallholdings. Although these were self-sufficient, the families on them relied on the help of their neighbours for the olive harvest, or on matanza day.

These houses were built and rebuilt well into the mid-twentieth century, using the biblical ‘long cubit’ [approximately 52.5cm], a unit of measurement introduced along with the architecture by the Phoenicians. There is virtually no evidence of Hellenistic, Roman or Islamic influences of any importance in the basic design elements of a rural Ibicencan house.

The cultural invasion of the island has changed the agricultural-based economy to one of tourism, making continuity with the past next to impossible. Basically, it has rendered many traditions irrelevant today."

In 1956 Rolf Blakstad came to Ibiza from Canada and was so impressed by the city he found when arriving at the port that he barely left the island since then. The little houses in Dalt Vila, the people in the street, the nearness of the manners… As he himself said:

"The whole city, even the streets, had the informal air of a living room shared for everyone. We did not feel as foreigners"

Once Ibiza was established as his permanent residence, Blakstad started to study the rural houses and the traditional building techniques while he developed a deep respect and fondness for the Ibizan culture and its natural environment. It’s in Ibiza where he starts his work in the field of architecture, restoring rural houses and, lately building new ones inspired by the millenarian "casa payesa" (traditional Ibizan rural house). Soon, his sons became part of his projects and, nowadays, they are the ones that keep running the architecture studio in Ibiza.

Ibiza, November 2017

5 Romantic restaurants in Ibiza : Prestige Recommends

Ibiza, often hailed as the island of love, undoubtedly offers an enchanting setting that has all the ingredients for a romantic escape, making it an ideal destination for couples. If you’re seeking to surprise your partner with a magical evening, Prestige Properties has curated a list of five of the most romantic restaurants in Ibiza that will undoubtedly leave you both spellbound.

Although some of these charming establishments may close during the winter, fear not, as others such as Sa Capella, La Brasa, and Can Berri Vell provide the perfect ambiance for a romantic winter night.

La Brasa. For those seeking a romantic setting, this restaurant is an absolute classic. With a carefully chosen and varied menu boasting a huge emphasis on Mediterranean cuisine, you’ll find this lovely restaurant in the old quarter of Ibiza. Worth booking a table on the terrace even in winter, as its heaters always keep you warm. – Ibiza town

Can Berri Vell. Feel more ibicenco in Can Berri Vell. A place wrapped with tradition, charm and typical delicacies elaborated with innovative techniques. Do not forget the camera. We assure you that the first thing you want to do when you arrive is to immortalize the beauty of the place. – San Agustin

Restaurante Amante. Locked away in the stunning natural setting of Sol d’en Serra bay, Amante is another of those restaurants on the pricier side which deserves at least one visit, so as to enjoy that which surrounds it. Open during the winter and summer months, it’s the perfect restaurant to celebrate any occasion. – Cala Llonga

L’apéro. Exquisite cuisine, quality raw materials and the know-how of its owners make l’apéro one of the best restaurants in Ibiza. Exquisite French and market cuisine in an intimate restaurant where good taste and authenticity breathe as soon as you enter through the door. – Ibiza town

Sa Capella. Of all the restaurants on this list, Sa Capella is probably the most visually stunning for those who pass through its doors. The main dining area is found in the Romanesque chapel of St Agnes (XVIII Century). On it’s menu you’ll find meat, fish and vanguard dishes which do not disappoint. – San Antonio

Ibiza, September 2017

APIBIZA – Don’t be led astray, choose the safe way

In this blog we would like to introduce you to APIBIZA: a recently established Association of Real Estate Professionals in Ibiza, of which Prestige Properties is proud to be one of the founding members. The goal is to combat the increasing activity of so-called "real estate pirates" on the island and to minimise fraudulent, unprofessional and disappointing experiences amongst first-time buyers in Ibiza.

Trust only in real professionals

APIBIZA is the new Association of Real Estate Professionals made up of 20 PIMEEF (Association of small and medium business in Ibiza and Formentera) members doing realiable, long-game work in the field. APIBIZA real estate agencies have got the quality assurances to ensure a happy ending whatever the endeavour- buying, selling or renting property. Our mission is your peace of mind, so our accredited agents are here to work with you year-round, from dedicated offices and with minimum five years experience. Trust, credibility, honesty, legal savvy, commitment and dependability…these are the core values that each one of our members embodies and your guarantee for professionalism and security.

Ibiza’s most on-point team of real estate experts, at your service

APIBIZA services:

Personalised advice and legal compliance.
Counsel on land-use and legal aspects of every transaction.
Estate agents guaranteed to possess all required acceditation and professional insurance.
Not fully satisfied? We take client complaints very seriously.

What do you feel like doing today? Activities to enjoy Ibiza island

Discover Ibiza´s fantastic natural environment while working out your body or learning and practising a new, fun activity. It´s time for some fun in the sun!

Get some workout on the beach
The Workout Club Ibiza offers a great way to get started for the day. They offer personal training sessions of Yoga, Pilates and aerobic training on the beach either for yourself or in small groups. Their workout is based on the Russian kettlebell system and will help you to quickly get rid of unwanted body fat, give you strength and energy as well as lift your mood and motivation. Additionally, they provide coaching to give you advice on how and what to eat, strength and breathing principles and on how to lower stress levels.

Surfing without waves

Paddle Surf or Stand up surf is the new way to discover the Mediterranean sea these days. This sustainable activity will give you a completely new perspective of the Ibiza coastline. Paddle surf has become quite popular in the Mediterranean in recent years, as well as kite-surfing. But while you can practise kite-surf only on a windy day, paddle surf or SUP as the locals call it here, can be practised even during the hottest summer months, when the Mediterranean sea is usually as flat as a plate. It´s fantastic to work out your body, get a healthy tan, and at the same time you go on a trip around the little idyllic coves and bays this island has to offer. SUP boatibiza provide group excursions such as the "sunset surf" and individual training. Prices start at 45 €.

Diving in the Mediterranean sea
One of the best ways to get a closer look at the beauty of the Ibicencan underwater fauna and flore is by diving. Ibiza has some great natural underwater treasures, such as the Posidonia prairies, which are protected and were declared natural heritage in 1999. There are also differenty types of dolphins living around the island, which can be seen at any time of the year, especially in the southwestern part of Ibiza, around Es Vedra island. But also starfish, octopuses and flying fish are quite common around the island as well as different types of indigenous fish, which only live in the seas around Ibiza, such as the Rotja or the bigger Sirvia. There are various diving centres all along the Ibizan coast, such as Orca Sub Diving in Cala Taridaor Punta Dive in Cala Llonga and Port des Torrent.

Surfing the waves
And if you are really longing for some serious waves, Bam Bu Ku Ibiza located righton the beachfront in San Antonio Bay has the remedy. Their system of artificial waves called Flowrider allows you to surf like a Hawaïan native within an hour or so. The activity is a mix of surfing, skateboarding and wakeboarding with your exhaustion point being the only limit. Surf House Ibiza provides a personal instructor, who is monitoring at all times as well as all equipment. Children must be taller than 1,30 m to be able to practise this activity. Prices start at 20 € / hour for kids and 30 € / hour for adults. However, they also offer group and full day prices.

Ibiza, July 2017

Overpricing – the Biggest Property Own Goal

The Playboy pad is up for sale for an incredible $200m even though realtors say it’s worth closer to $60m – $90m. Why does overpricing work against you?

5 myths that lead to overpricing & why they’re not true – for sales and lettings;

I can reduce my price as much as I need to later

Frequent price reductions are a sign of desperation in the market – making your property seem problematic &/or your situation seem desperate – not a good place to be in the property market

People will still view, offer & negotiate

Our culture is one that doesn’t embrace negotiation & offers. Most buyers will simply assume that the sellers opinion is vastly out of kilter with the market & won’t view the house.

Someone out there might pay this price

There might be someone, but more likely, there isn’t. And if there isn’t your house isn’t going to attract the right attention from the rest of the marketplace.

If that someone (see above) offers then the deal is done!

Increasingly, within our economic climate, the banks are rejecting offers made by their clients & dangerously devaluing through lower valuations. The truth is that most large purchases now are the banks, or trusts, decision.

I’ll have just as much interest in a month or two if I lower the price

Ultimately, the most interest in a property comes within the first 30 days of marketing. After that the house has a ‘history’ in the markets & buyers will be hesitant in viewing, let alone in offering.

Overpricing property often leads to;

Stagnation

Longer marketing periods

Fewer viewings

The house becoming known as a ‘sticker’ or even an unsaleable house

Lower than market price from tougher negotiation due to length on market

Your house will sell the competition – your price will make other houses look great value

Overpricing simply turns away buyers at a more realistic price point

What marketing at a sensible price leads to;

Quicker transactions

Lots of viewings

More offers

Possibly a higher than market value price if not a fair market value price

Keen realtors talking to buyers

Keen purchasers doing all they can to enact the transaction

Purchasers accepting timings & terms from the owners.

Incredulous prices are normally dictated by the owners or submitted by estate agents who want to ensure the instruction.

What to do when pricing your home;

Listen to agents & question them on their valuation

Ask for comparable evidence

Most owners have an understanding of the true value of their own home so listen to what your brain says as well as your heart

Give your agent a period of time to sell the house & then dis-instruct them, or at least add another agent to the mix. Agents know that once they have your house on their books, it’s unlikely that you’ll withdraw it from them.

Written by Ivor Campbell-Davys.

Ibiza, April 2017

The Island of Bes

Let’s get to know a little bit more about our Ibicencan ancient culture!

Ibiza, one of the most beautiful and mystical islands in the mediterranean sea, has throughout the centuries attracted an interesting mix of people and civilisations. Ibiza has always opened her arms to the explorer and provided replenishment and rest for the weary traveller. It was in 680BC that the Phoenicians first discovered Ibiza, an island that lay in the currents of seafaring sailors and traders. These early sailors would stop in Ibiza to gather food and find fresh water to drink. The Phoenicians were well known as traders, and set up a trading post at Sa Calleta before moving to Dalt Villa, which is where Ibiza town now resides.

The Phoenicians were related to the Carthaginians and it was to their Gods and others that they worshiped. The Phoenicians adopted the god Bes from their neighbours the Egyptians, and exported his cult around the Mediterranean as they traded peacefully with different civilisations. They were famed for trading in the colour purple – a colour related to Royalty- and Ibiza shellfish provided the dye for them to obtain it.

The Phoenician term for the cult of Bes was Ibosim, which throughout the centuries gradually became I-bez-a……..the "Island of Bes".

As Bes was considered a good spirit, he became associated with sexual pleasure, dancing and good times. He was worshipped for fertility and healing purposes along with his wife Beset, who watched over women during childbirth. Along with the Goddess Tanit, the two ancient Gods are closely connected to Ibiza.

There are many references and places to Bes and Tanit on the island and here at Prestige Properties, we recommend you to discover these hidden secrets.

Ibiza, March 2017

10 Ibiza hotels that do not close in winter

Believe us when we tell you that Ibiza in winter falls in love. During these months, when the daytime temperatures are tempered, the island offers the perfect moment to enjoy its hiking and mountain biking routes, museums, home cooking of all life and its most spectacular sunsets. A full range of plans which you can enjoy thanks to the hotels of Ibiza that keep their doors open also in low season. What do you prefer, to rest by the sea or hide in a valley ?. In our next selection you will find both options, so that you choose the one that you like most.

Gran Hotel Montesol Ibiza

The first luxury accommodation on the island today is a 5 star hotel with all the amenities and details of a Hilton, the owner of the hotel. Its 33 rooms have a touch of Art Deco style and overlook the port of Ibiza or the lively promenade of Vara de Rey

Can Pujolet

Located in the protected natural environment of Es Amunts, in Sant Mateu, this charming rural hotel opened in an old farmhouse will love you thanks to the good taste of Nina, who also naturally and discreetly treat their guests. Web

Cas Gasi

Almond trees, fig trees and carob trees surround this beautiful rural hotel located in the interior of the island, just over 5 kilometers from the charming village of Santa Gertrudis. You will find excellent service, careful decoration and luxury details. Web

Hostal Parque

Other accommodation that keeps its doors open in Ibiza town, exactly at one end of the Plaza del Parque. Its rooms are not very spacious, but very nice and have all the standard amenities. In addition, some offer views of Dalt Vila.

Hostal La Torre

Its location offers spectacular panoramic views of the sea, the island of Conillera, Cape Nono and sunset. In addition, you will find beautiful Mediterranean-style rooms, some with balconies overlooking the sea. Web

Simbad Hotel & Spa

This 4-star hotel on the Talamanca beach, just a few minutes’ drive from the center of Ibiza, offers 111 rooms and a spa with a pool, hot tub and sauna, among other facilities. We recommend you book the front rooms, with sea view. Web

Hotel Ocean Drive

Another hotel in Ibiza that opens in winter. It is right in front of Marina Botafoc Marina. It has 40 rooms and suites of minimalist style and usually organizes events with artists and Djs

Ca n’Escandell

This charming agritourism opened in an old traditional house of the XVIII century is located in the north of Ibiza, a few minutes by car from beautiful coves and excellent restaurants. Its nine rooms maintain the traditional aesthetics of the island and also have a fireplace, a detail of the most welcoming for winter nights. Web

THB Los Molinos

Located on the beach des Figueretes, its rooms are modern and well equipped. If you can, book those with sea view. In addition, the facilities of this 4-star hotel include a gym, indoor heated pool, jacuzzi, sauna and massage service. Web

Can Guillem

Set on a 14-hectare estate and situated less than 5 kilometers from the city of Ibiza, this elegant rural hotel offers six double rooms and one suite in an old mansion house. It also has a bungalow and several villas.

Ibiza, February 2017

Ibiza in Winter time: to the heat of the fireplace

In Ibiza there are days that also feel like sitting by a fireplace meanwhile you enjoy the delicious gastronomic specialties of the island in company of friends, family or partner. For that reason we selected the following restaurants for you to find out that Ibiza in winter has a lot of charm.

Bar Costa

Area: Santa Gertrudis

The well-known Iberian ham sandwiches of this bar in Santa Gertrudis attract locals and visitors all summer and…winter too. And not only because Bar Costa doesn´t close in low season but also because their rooms have two fireplaces, one of them huge. You will like its cozy atmosphere rebooked by the wide collection of pictures that cover their walls. Tel.: 971 197 021. Closed on Thuesdays.

Donde Marian y Miguel

Area: Es Canar

Another direction where to come closer to the fireplace, this time around Es Canar. "Donde Marian y Miguel" has become a gap between the carnivores of the island, but the menu includes other specialities such as black rice with mangetouts and cuttlefish or soup rice with shrimps and clams. Tel.: 971 339 271. Closed on Mondays and Tuesdays.

Can Caus

Area: Santa Gertrudis road.

It is located by Santa Gertrudis town and their dining room with fireplace is perfect for a Winter night in Ibiza. In Can Caus´s menu shows the flavors of the traditional cuisine of the island. Among their proposals stand out kid and grilled lamb and homemade cheese and sausages. Tel.: 971 197 516. Closed on Mondays.

Ibiza, January 2017

Blakstad architectural history: The Traditional Ibicencan Finca

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5 Romantic restaurants in Ibiza : Prestige Recommends

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APIBIZA – Don’t be led astray, choose the safe way

Trust only in real professionals

Ibiza’s most on-point team of real estate experts, at your service

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What do you feel like doing today? Activities to enjoy Ibiza island

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The Island of Bes

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10 Ibiza hotels that do not close in winter

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Ibiza in Winter time: to the heat of the fireplace

Bar Costa

Donde Marian y Miguel

Can Caus

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Prestige Properties with the Campaign for the Prevention of Forest Fires 2018

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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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Trust only in real professionals

Ibiza’s most on-point team of real estate experts, at your service

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

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

Written by Ivor Campbell-Davys.

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

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

Bar Costa

Donde Marian y Miguel

Can Caus

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Latest properties for sale

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Latest properties for rent

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Do you have any questions or need more info?
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