A Prestige Buyer’s Journey: Meet Joanne and Martin Davison
Meet Prestige clients Joanne and Martin Davison!
Both are British nationals and live and work in London. Martin is a Chief Financial Officer and Joanne works as a Sports Nutritionist. In 2019 they purchased a renovated Finca in the centre of the island, Can Coll, which they now share with their two teenage children and their extended family. Read on to find out more about their personal journey of finding their dream home in Ibiza…
Tell us a little bit about your first experiences in Ibiza…
Our first trip was a beautifully peaceful experience which was a surprise as Ibiza is renowned as the party place. We fell in love immediately with the beautiful beaches, stunning turquoise water and the positive energy we felt.
What made you want to buy a property in Ibiza?
It reminded us of California with its relaxed, international vibe and with lots of trees and vegetation. It has good quality restaurants and beaches, and the whole island is easily accessible.
What kind of property were you looking for and why?
We wanted a refurbished property with character and in a rural area that would suit our growing family.
What points were you willing to compromise on and where did you draw the line?
We were open-minded about the location and the age of the property but would not compromise on it having character and the general ‘feel’ of the house. We had made a list of our "must-haves" several years previously, and Inge at Prestige Properties worked with us to find the most suitable fit.
Tell us a bit about your general experience of searching for a home in Ibiza?
We had been looking abroad for at least ten years for a new home, but when we visited Ibiza, we knew that is where we wanted to settle. Like many people, we had been keeping an eye on properties available via the internet. Still, when we visited Prestige Properties and met Inge, we felt we were in good hands with a high-quality agent and a good range of properties on their website.
What were the biggest challenges you faced during the search process, and was Prestige able to help you overcome some of these?
It was difficult to reduce the search to a specific area as you can have fantastic properties in areas you might not think about – you need to be open-minded. You have to trust the agent to guide you. We felt Inge got to know us as a family and directed us to areas and houses that best suited our needs.
What would your main advice to other home buyers, about to embark on a similar journey, be?
Use a good local lawyer. Also, think carefully about who you are going to use to exchange your money into euros. There are lots of brokers, but do you trust them with your money? We already had an overseas bank with a euro account, and this certainly helped.
Overall, what difference do you think working with Prestige made in your journey of finding and buying your dream property in Ibiza?
Inge at Prestige was incredibly helpful and so cheerful, it was great to work with her.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Why buy a property in Es Cubells, Sant Josep de Sa Talaia?
Es Cubells, in the municipality of Sant Josep de Sa Talaia (San Jose)
The municipality of Sant Josep de Sa Talaia (San Jose) is the largest of the five municipalities in Ibiza and upholds an incredible standard for exclusive properties for sale in Ibiza.
A few specific areas within the south of the region boast of substantially leading this exclusivity within the Ibiza property market, including the charming village of Es Cubells.
Es Cubells is an unparalleled area, with a unique history and spectacular landscapes. The area is one that literally blows away the rest of the Ibiza property market, with a steep price curve increase over the past five years that has barely stagnated and remains steady at the point of publication.
Many properties for sale in the south of Sant Josep, including the stunning village of Es Cubells, offer high profile secure community grounds, exclusive cliff top villas, vast landscapes, outstanding Mediterranean Sea or Es Vedra views and are ultimately of a modern and contemporary housing style.
Es Cubells Village
Es Cubells is one of the smallest villages in Ibiza. The drive to reach the village is a steep upheaval, yet worth every moment to discover the impressive, admirable candor and sweeping panoramic surrounding views that await. It really is no wonder villas for sale in Es Cubells define exclusivity.
Es Cubells entire structure is formed by its central white Ibicencan church, located on the edge of the cliff. Additionally, the square offers two subsequent local bars, a small grocery store, a humble cultural centre and a small children’s park located directly next to the church.
From the church, through the small square, the entire southern coast of Ibiza, from Cap Llentrisca to Formentera makes for the most extraordinary viewpoint. This novel-like village literally offers anyone looking to buy a property in Es Cubells spectacular sweeping views from any given location.
History of Es Cubells
The village of Es Cubells, was once an open space of wasteland. However, a unique point in history on the island changed its perspective. A Carmelite and priest, Francisco Palau (Pare Palau), who arrived in 1854 began the foundations of what is now one of the most idyllic and privileged villages in Ibiza.
Pare Palau was apparently confined to the Pitiusas, after being accused of being a troublemaker and therefore was expelled from his ministry in Barcelona. Here from this point, Pare Palau began to build a chapel which remains today as the church of Es Cubells.
From 1858 onwards, he was said to spend several days in asceticism on the islet of es Vedrà, confined to a cave, praying and carrying out rituals in awe of the rock.
He was recorded (during this time) to have sent a letter to Rome, requesting permission to build a hermitage. Then, later in 1864, Es Cubells became recognised as a great centre for pilgrimage devotees.
The local parish which now stands as the central focus of Es Cubells, was the very last church to be built following typical Ibizan architecture on the island. Visitors can see the commemoration of the life and history of Pare Palau, as his sculpture is situated outside the church.
Es Cubells village has likely been the least affected spot on the island by the influx of seasonal tourism. It upholds many of its original and authentic traditions and environments including The Teresa Sisters convent, also thought to be founded through the life of Palau.
Its local residential population is inevitably the smallest on the island and any exclusive villas in the Es Cubells or homes within the area are few and far between.
The coastline of Es Cubells is minimalist with a few small fishermen coves including Es Cubells beach, Ses Boques, Cala Llentrisca, Es Torrent and Porroig.
Beaches
Es Cubells local beaches are at the foot of the majestic cliff forming three small, yet truly authentic fisherman’s coves, each individually separated by the rocky formations that segregate them.
Due to the typical cliff edge, these tiny cobbled beaches are completely natural with gravel sands and crystal waters that are as inviting for warm summer swims as they are for deep water snorkelling.
Es Cubells beach, directly below the Church is very intimate with a few simple fisherman huts. Further on, Ses Boques beach offers a small authentic Ibicencan beach restaurant and on the far end, Cala Llentrisca offers another enclosed beach cove with a small dock and several fishermen’s huts.
However, buying a property in Es Cubells is not conclusive to these small coves and one village. Many looking for a villa for sale in Ibiza often specify quick access to Ibiza Town as well as the most popular beaches and areas favoured by A-list celebrity clientele.
Just a short drive away from Es Cubells, a myriad of natural wonders, spectacular scenery of Ses Salines Nature Park, trending beaches, bars and restaurants of Ses Salines, Es Cavallet and Cala Jondal beach are located with the famous beach clubs of Blue Marlin Ibiza, El Chiringuito and Sa Trinxa.
These two stylish and renowned beaches with long stretches of white sands surrounded by natural woodlands, crystal clear waters offer a completely different beach experience for those looking for a property for sale in Es Cubells, compared to the small coves and fishermen style beaches in the village itself.
Buying a property in Es Cubells village offers lots of authentic charm and a more traditional Ibiza lifestyle, as well as being within close proximity to visit Cala d’Hort Natural Park. However, unlike many overseas rural locations, a villa in Es Cubells is only a simple moment away from the lively atmosphere of the bustling city life, lifestyle vacation beaches and the best nightlife of the Island.
Properties to buy in Es Cubells lean predominantly towards high profile clients looking for exclusive Ibiza villas within an authentic area as a second home.
Property Style in Es Cubells
Properties in Es Cubells typically boast of their breath-taking south facing and sweeping sea views with a multitude of Es Cubells villas for sale offering extensive landscapes and grounds.
Cala d’Hort beach and the surrounding area of Es Cubells are naturally known for its ultimate views of the most iconic symbol of Ibiza, Es Vedra. A property for sale in Es Cubells with sunset views overlooking Es Vedrà is perhaps one of the most desirable luxury home buyer requirements within the Es Cubells area.
The house prices in the South of San Jose and exclusive properties for sale in Es Cubells typically start and reach well in excess of €3,000,000, which is the highest minimum price for any property for sale in Sant Josep municipality.
Residence and properties in Es Cubells are sporadically isolated across the village’s rural surroundings. The area has the lowest recorded residents of any comparable area on the island, which only highlights the rarity of properties for sale in Es Cubells, which are of course, nothing less than luxury estates and extravagant country houses.
Finca Colina is an example of a typical lavish country style finca in Es Cubells for sale. Located on high, this authentic Ibizan Finca has been renovated with construction of 360 m2 set on a plot of 122,000m2. This property is located only 5 minutes from the beach, 10 minutes from the airport and 20 minutes from the city of Ibiza.
The main house has two bright and spacious living rooms, an open and fully equipped kitchen and a magnificent dining room, as well as four double bedrooms, two bathrooms and several independent terraces with views. Additionally, the Es Cubells country home for sale consists of a guest house and a spacious outdoor area with a pool surrounded by terraces and lawns.
The properties available within the Es Cubells area contrasts between the upper part of the village retaining a modern authentic style housing, compared to the newer houses built lower down in luxury complexes like the exclusive properties in Vista Algere.
Vista Alegre
The high-profile gated community of Vista Alegre offers super exclusive homes in Es Cubells to the highest of standards.
Vista Alegre Ibiza Exclusive Properties boast the most credible and modern architectural villas, mansions, and homes with breath-taking views of the coast and bay of Es Porroig. A luxurious and complete haven.
Can Berry is a contemporary designer villa with sea view located in the Vista Alegre urbanization in Es Cubells. This truly stunning villa has been finished to a very high quality finish including a professional kitchen which would impress even a world leading chef. The elevated position offers breathtaking views of this beautiful coastal area with clear sight of Es Porroig beyond the turquoise bay. The property consists of 4 bedrooms, 5 bathrooms, a spacious open plan living spaces. The outdoor area includes a large terrace with bbq, outdoor kitchen, large outdoor dining area, multiple other terraces and skillfully landscaped manicured gardens and an infinity pool.
Are you thinking about buying a property in Es Cubells?
Buying a property in Es Cubells offers miraculously peaceful and unparalleled surroundings with a unique, traditional charm and the most authentic local fishermen beaches and coves of Ses Boques, Cala Llentrisca, Es Torrent, Porroig, and the notable Cala d’Hort Natural Park. Barely touched by tourism, surrounded by privacy and complete seclusion, yet close enough to the famous beaches and attractive clientele spots.
In terms of the effect of Ibiza’s tourism, few places could claim to have been less affected. The area is made up of extensive countryside, whereby all kinds of beautiful luxury villas and country houses in Es Cubells reside.
Prestige Properties Ibiza currently has a portfolio of 97 properties for sale in the San Jose area and only 9 properties for sale in the Es Cubells area.
The area of San Josep de Sa Talaia is immensely popular and offers a wide range of a variety of properties within different cultures, communities and styles. Why not browse over our recent Sant Josep de Sa Talaia article and find out which area suits your preferences with our informative guide.
Potential home buyers are often encouraged to look beyond the well sought after areas and onto the neighbouring spots which have an incredible opportunity to maximise value for money and still be impeccably close to those stylish areas like Es Cubells.
Properties for sale in Port Des Torrent, Playa d’en Bossa and Sant Jordi are perfectly accessible to the main town of Sant Jose, Ibiza Town, the airport and to many of those desirable locations, still offering a great variety of local amenities and stylish restaurants to explore. Take a look at our property in San Josep de Sa Talaia here.
If you are considering buying a property in the Es Cubells area, then why not take a browse at our current exclusive properties available.
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.
In need of a Holiday Rentals Villa whilst visiting to view properties?
Our vacation villas have recently expanded. Book a villa with us and we can show you around interesting properties for sale in Ibiza during your stay.
Thank you for staying updated with us at Prestige Properties. We hope to see you soon and wish you the very best of luck with purchasing your new home here on the magical white island of Ibiza.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Land for sale in Ibiza: Realise your mediterranean dream!
Shape Your Vision Beneath the Balearic Sun
Have you ever dreamt of finding land for sale in Ibiza and building your own hideaway amidst the rustic beauty of the island’s countryside?
Picture your future home nestled among ancient olive groves, almond blossoms, and the vibrant orange trees that dot the landscape. Wake up to the scent of wild herbs in the breeze, take strolls to nearby whitewashed villages, and enjoy the charm of bustling local markets just minutes away.
Your own piece of Ibiza awaits: tranquil, sun-drenched, and ready to become the home you’ve always imagined.
Nestled just moments from the sea in the peaceful area of Cala Martina, this expansive 3,359 m² plot offers a rare opportunity to develop three bespoke luxury villas. With direct access from the main road and an ideal orientation for all-day sunlight, the land is perfectly suited for the creation of modern homes with private pools, gardens, and sun-drenched terraces. The tranquil surroundings, combined with easy access to Santa Eulalia’s services and coastal charm, make Terreno Martina an exceptional choice for investors or families seeking to build a high-end residential retreat by the Mediterranean.
Set in the serene countryside just five minutes from Santa Eulalia, this remarkable 17,557 m² plot comes with an approved building licence for a luxury villa with annex and pool. The project includes a 242 m² modern home with clean architectural lines, sun-soaked terraces, a rooftop chill-out area, and a separate guest annex—all surrounded by red earth, fruit trees, and woodland. Designed for outdoor living, the property features a 35 m² pool and ample shaded areas for relaxation. With views of rolling hills, south-facing sun exposure, and easy access to the island’s best beaches and villages, this plot offers the rare privilege of immediate development in one of Ibiza’s most peaceful rural enclaves.
Perched in the exclusive gated enclave of Roca Llisa, this premium 1,511 m² plot comes with a granted licence to build a striking 5-bedroom villa with panoramic sea views. The contemporary project includes over 800 m² of living space across three levels, complete with a grand 75 m² infinity pool, open-plan interiors, a private garage for four vehicles, and a 650 m² landscaped garden. Designed to maximise the south-facing views across the Mediterranean, every bedroom enjoys a sea-facing outlook, with the master suite opening to a private terrace. Just minutes from the golf course and a short drive to both Ibiza Town and Santa Eulalia, this is a rare opportunity to create a dream coastal residence in one of Ibiza’s most secure and sought-after communities.
Tucked away in the tranquil countryside of Ibiza’s northwest, just a short stroll from the charming village of San Mateo, this expansive 63,000 m² plot offers an exciting opportunity to build a rustic Mediterranean-style villa with pool. The approved project envisions a 493 m² home—including a spacious basement—designed around modern comfort and outdoor living. Each of the three en-suite bedrooms opens onto private terraces, while the exterior invites relaxation with al fresco dining areas and a pool shaded by mature trees. Whether you dream of growing your own garden, designing a private gym, or simply enjoying the peace of rural Ibiza, Proyecto San Mateo is a canvas for those who want to shape a true island retreat from the ground up.
Ideally located between Cap Martinet and Can Pep Simó—two of Ibiza’s most desirable residential areas—this 835 m² flat plot offers the perfect foundation for a tailor-made villa project. Just five minutes from Talamanca beach and ten from the heart of Ibiza Town, the setting is both exclusive and convenient. With no existing project or licence, buyers have full freedom to design a bespoke home, guided by current urban land regulations. Whether you’re dreaming of a personalised retreat or seeking a strategic investment in a premium location, Terreno Simó presents an exciting blank canvas in a quiet yet prestigious neighbourhood.
An exceptional opportunity to design a bespoke residence in one of the most sought-after locations in Ibiza, where natural beauty, privacy, and long-term value come together.
With a selection of exclusive land for sale in Ibiza, our specialised team is here to guide you every step of the way, from initial vision to final construction.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Ibiza Property Market Report and Forecast 2020
This Ibiza Property Market Report has been researched and provided by Prestige Properties Ibiza summarising trends over the past 15 years, utilising statistics and impressions from both external and internal sources.
The analysis draws upon data and figures of property sales and pricing received between 2004 and 2019, and covers house pricing monitored over the course of 2019.
Ibiza Property Market Price Curve
The real estate market in Ibiza has demonstrated a durable and stable rhythm in both consumers and house prices over the past 10 years. Following the 2008 financial crisis, Ibiza by comparison to anywhere else in Spain and much of Europe, has exhibited an impressive recovery and a steady increase of both sales and prices.
However, over the past two years, Ibiza has observed a slight decline in sales. This decline is reflective of recent developments within the newly established planning permission laws here on the island.
Regulations are now set to ensure all new properties are built under 320sqm in non-urban areas with new build licenses often proving quite hard to obtain and processes being lengthy. Previously built properties on the market can often present legal issues and similar restrictions. While these developments are very positive for the preservation and beauty of Ibiza, it generally leaves a lack of available products. With the strengthening demand for properties, we inevitably find an occurrence of a low supply versus a high demand.
Opposed to any real estate crisis emerging, the Ibiza Property Market is seeing the value of existing luxury homes stamped as a rare product and even with a dip in sales, the unwavering price curve continues to rise. Therefore, a more mature and sustainable market with long term stability, growth and strength is notable, which indicates a positive future market to come.
Nationalities in the Ibiza Property Market – 2019
The island of Ibiza has an exceptionally diverse culture attracting many communities predominantly from across Europe as residents, businesses, tourists and investors. International visitors accounted for almost 80% of the total guests in Ibiza during 2019.
The continuation of international visitors and buyers is the driving demand in Ibiza real estate, proving to raise property values overtime and inevitably improve the overall infrastructure and stability of the property market both in Ibiza and Spain.
Although statistics for exact nationalities in the Ibiza Property Market are hard to assess, inevitably the British, French and German are incredibly strong, with a marked increase in Belgium and Dutch nationals investing more in property over the past 10 years.
Prestige Properties Market 2019
Ibiza is distinguished by many exclusive and high-end properties. In 2019 the Ibiza Property Market with Prestige Properties Ibiza calculated an average price per sqm of 6.665€.
The housing market between each municipality naturally varies depending on the style and size of the property, the facilities, surrounding land, panoramic views and the cultural environment of the area.
The area of San Jose demonstrates the highest demand with a multitude of modern, contemporary and luxurious villas which fulfils many property requirements from international buyers with an average house price of 2.200.000€.
Eivissa and San Antonio attracts buyers looking for apartments and terrace style housing which can range between 500.000€ – 1.000.000€, whereas in the north, a largely ecological area with a very specific housing style average a price of 2.900.000€. The family friendly area of Santa Eulalia, would average 1.700.000€ for a 250m2 villa with a pool.
Typical Properties Per Municipality
Area
M2
Average Price
Type
San Jose
300
2.200.000€
Villa
Ibiza Town
100
500.000€ – 1.000.000€
Apartment
Santa Eulalia
250
1.700.000€
Villa
San Antonio
150
660.000€.
Town House
North
500
2.900.000€
Country Home
Conclusion and forecast
The observed international interest on the island has resulted in an occurrence of a low ‘supply versus high demand’, rendering the Ibiza property market incredibly safe with extremely attractive values on a global scale.
Following the recent international outbreak of COVID-19, global markets may adopt a ‘wait and see’ approach in the short term. However, although it is difficult to make predictions for the future at this early stage, demand has remained stable during this unprecedented crisis and clients remain positive.
Recent studies have predicted a potential drop in the Spanish Real Estate market between 5 and 10%. Some areas in the Spanish property market will inevitably be strongly affected by the current crisis.
However, exclusive locations like Ibiza, are least likely to be moved and we expect to see a year with increased opportunities, some swift sales, yet stable prices for the market in general.
During the Covid-19 period, we have noticed an overall increase of enquiries and demand for properties on the island via our adapted digital e-working system and new website.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Covid-19 in Ibiza – Interview with Prestige Properties Ibiza
Interview with Victor, Partner & Sales Director of Prestige Properties Ibiza about Covid-19 and the effect on the Property Market
What has been the overall impact of Covid-19 in Ibiza?
Ibiza has seen relatively low figures of Covid-19 in comparison to the rest of Spain and Europe. The healthcare system on the island has been stable and we are very thankful to all our health care and key workers during this difficult time. Their impressive work and dedication towards the public is sincerely appreciated and acknowledged by all. Without their passionate commitment the outcomes of ill-health could have been quite different.
At the point of publication, a total of 163 positive cases have been recorded in Ibiza and Formentera for Covid-19, with 120 fully recovered and 31 active cases, of which 24 are still in hospital.
There have been few new cases reported in recent weeks and zero positive cases over the past 5 days.
Ibiza is a small island. This fact alone has helped the government implement closures and restrictions at a quick and smooth pace. Since the state of alarm was declared on March 14th travelling by air and sea has been fully restricted to essential activity only.
Unfortunately, the crisis has had an impact both socially and economically for the residents of Ibiza. However, the recent plan of deconfinement and the current low risk of infection, hopefully means we will soon be able to ease restrictions and welcome tourists for the summer season 2020.
We think it is fair to say, many feel the island and mother nature has received a well deserved rest and we are only reminded to be truly grateful for the paradise we live in.
Global Property Market
Has Covid-19 had an impact on Global Real Estate and what changes are we seeing so far?
Whilst some buyers are adopting a wait and see approach, many others have maintained the same drive to buy with some even increasing in their pursuit during this period.
Sales numbers on a global scale are down due to social distancing, travel restrictions and closures of businesses, where viewings are not able take place as usual. However, we have noticed client interactions are consistent and have even increased in Ibiza. Many are aware of the level of competition within the Ibiza property market and want to take full advantage of using every opportunity to buy now or as soon as the restrictions will be lifted.
One thing is for certain, the new adaptation of virtual viewings are very current. Aside from professionally produced virtual tours of housing, many agents are adapting and attracting buyers with real-time video tours. In turn, this is leading to on-going interest and even offers and sales still being made.
Ibiza Property Market
Has Covid-19 had an impact on the Ibiza Real Estate to date?
It is still too early to fully measure and calculate the impact of Covid-19 in the real estate market in Ibiza. There is always a delay between the event of any crisis and subsequent economic and industry related statistics emerging.
What we have evidently seen to date has been very encouraging. The online interest and activity has remained very strong with an increase in interactions (requests, website visits) from potential and future clients. It appears many are utilising their quarantine time to research and pursue buying their desired property in Ibiza.
Buyers are far from changing their mind, they want a place in the sun more now than ever before.
As with any crisis, there will always be new opportunities that follow. Sadly, some are foreseeing they may be obligated to put their property on the market in order to recuperate financial losses and face some personal situations.
We are generally not expecting the property market to have a drop, mainly because the demand is high and the supply is always very low in Ibiza.
How is tourism in Ibiza being affected and how do we anticipate it will affect those with tourism licenses throughout the season?
Spring season has unfortunately been lost. Small businesses in Ibiza are perhaps at the highest risk of being affected by the pandemic due to the restrictions that have taken place.
We hope the Summer will receive international clients from July onwards and clients from mainland Spain will be able to travel for tourism from the end of June (22nd if all goes as per deconfinement plan).
Individual situations for those with tourism licenses will very much depend on the needs of each owner, their mortgages, general income and their dependency on tourism rentals as a main source of income.
Important Information for Property Sellers in Ibiza
What is the best advice you could offer sellers during this important time?
Remain calm and ask your agent for advice. Depending on each individual situation, we can plan a good strategy to succeed in the sale of your property in Ibiza
Should sellers keep their property on the market and take a ‘wait and see’ approach? or should clients wait until this pandemic is over?
Keep your property on the market. We are all working remotely from home with up to date technology. The notable rise in online activity we are currently experiencing means now is the perfect time to catch the attention of clients ready for their future visits.
What is Prestige incorporating as an agency to ensure the marketing and sales are maximised during these uncertain times?
We have stayed open throughout. All our agents are active. We have been spending more time than ever preparing our website and the presentation of our properties, as well as setting up our new virtual viewings service. Potential buyers are still able to get a closer feel for properties on the market and can continue with their buyers journey.
We have also been closing a few deals over the past weeks, mostly with clients who have been looking with us for some time, where we already really understood what they required.
Important Information for Property Buyers in Ibiza
What is the best advice you could offer buyers during this important time?
Use this time to effectively research the current property market in Ibiza. We are here to help you with your buyer’s journey. Take the time to get to know your agent and allow for your agent to better understand your vision and goals in purchasing your dream property.
There’s plenty to focus on in the meantime before you can visit the island to set up viewings. Learn about finance, legalities, be fully prepared for the purchase. When the time is right you will be ahead of all the finer details and can start viewings immediately, ready for the perfect opportunity.
Should buyers continue to seek a property on the market and take a ‘wait and see’ approach? or should clients be more cautious?
Now is the time, everyone is available. Learn as much as possible and plan a good selection of properties to see for your next visit. Be sure that your agent is ready and understands your requirements and contacts you as soon as a new suitable deal comes up.
Are international buyers able to proceed with purchasing a property during this time?
Yes, we have been able to work with the help of lawyers and other advisors. Notaries are open, and we can sign everything from a distance with POA.
Important Information on Mortgages in Ibiza
Will applying for a mortgage be affected by Covid-19? Will current mortgage applications be delayed for processing until the pandemic is over?
Initially banks were required to hold off processing new mortgage applications during the beginning of the state of alarm. However everything is back running again as normal. Processes might be a little delayed but everything is back on track and operating like before.
Ever since Ibiza entered the first phase of deconfinement, viewings to properties are available again and experts can continue with valuations as well.
If your personal financial situation is not affected then you should be able to proceed with your mortgage application.
I have a mortgage offer but will it expire if I don’t proceed to buy during this crisis?
The state of alarm normally postpones contract deadlines. However, each case should be reviewed and confirmed with your lending bank. To proceed at a later date should be possible due to the unusual circumstances.
Will there be any long-term consequences of coronavirus on getting an international mortgage?
This question is difficult to answer at the present time. We need to see the overall outcome in a couple of months relating to the financial world. Interest rates might vary. However, everyone is eager and intending to restart the economy as soon as possible. We will pass this crisis as we have done in the past.
Banks like many other businesses will need to adjust their working protocols to ensure mortgage applications are effectively being processed during such uncertain times. We expect to see better and improved technology and more online flexibility in this industry, just as much as we will see in Real Estate, where systems and e-working will become faster and more efficient to apply for mortgages.
Future Outlook
Do you think Covid-19 will have an impact on European and Ibiza’s Real Estate in the long-term?
It is still very early to predict the level of impact in the long-term. There will inevitably be changes and marked impressions on a global scale. However, until we understand the length of time it will take to return to ‘the new normal’, we are unable to further analyse the future of the property market.
It ultimately depends how clients are financially affected and their capacity to spend. This crisis is multifaceted and will affect the economy and individuals in many different ways.
General expectations foresee a drop between 5 and 10%. However, this is a variable figure and the impact will vary from one area to another. Recent studies show clients are now looking for more space instead of proximity to city center. This can affect the property market in cities. From this study alone, you can see some markets will suffer whereas others are more likely to benefit.
In Ibiza, as we have shown in our 2020 Market Report, the low supply versus high demand can predominantly predict sales on the island are less likely to be affected.
We are also noticing an increased interest for quieter and safer environments. It would appear the crisis has only reminded people that it might be time for a change and the island can offer their desired environment.
Exclusive places will always remain strong in difficult times. There will be some likely opportunities for buyers in the short-term, but in the long term we expect the market to recover quickly.
When will the property and tourism market start to truly see its effect of the pandemic?
We have only recently started deconfinement. The next weeks determine how quickly we return to normality. This is an unprecedented situation and we can only see in the short term at this time.
The European Union is currently discussing how to proceed with the reopening of the frontiers. Tourism accounts for about 10% of the European economy and about 25 million jobs and is therefore the interest of all parties to reactivate tourism as soon as possible.
We hope to be able to welcome you again in July, but until we know for certain let’s stay safe and keep positive. While we wait, we have adapted our way of working and you can see this on our new web page: Real Estate Virtual Technology.
We are available to advise you anytime, whether you are curious to learn more about Ibiza and its market or if you would like to do a virtual tour of one of our villas.
Here at Prestige the whole team is working everyday in preparation for when we can meet our clients. We are really impressed and motivated by the amount of messages that we receive from all of you, full of positivity and the will to pursue the dream holiday or the perfect new home in the sun.
Our team is always ready to help you along your buyers journey and ensure you discover your dream home with Prestige Properties Ibiza – contact us today
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
A Prestige Buyer’s Journey: Meet Tobias Punga
Tobias Punga is German living in London where he works in finance. In 2019, with the help of Prestige’s agent Juliette, he purchased a magnificent villa up the hills in San José which he refurbished. Find out more about Tobias’s personal journey in the below interview:
Tell us a little bit about your first experiences in Ibiza…
Every island or destination I’ve been to had a unique signature experience… the party place, the spiritual retreat, the family oriented environment etc…. Ibiza struck me that it encompassed it all. Everyone found something that made them fall in love with the island… to each his own and Ibiza owned it all.
What made you want to buy a property in Ibiza?
The idea was to have a place that can be shared by my family and friends. An open hang out for who is important to me already and who might be in the future. A place for all sort of talent to mingle; exchange thoughts, and having a fun time.
What kind of property were you looking for and why?
A spacious place that can be changed in a way so I can have an impact, but still respecting the style and rules on the island, and still leaving my own personal touch. Big enough to host a decent sized group, close enough to the airport, but not getting disturbed by the noise, and having nice beaches and Ibiza town in close reach.
What points were you willing to compromise on and where did you draw the line?
Enough rooms, sea view, not too far from the airport, and south facing were points I did not want to compromise on.
Tell us a bit about your general experience of searching for a home in Ibiza?
The offers I saw in Ibiza were either overpriced or the quality I found wasn’t satisfying. It took me more than 3 years to find the perfect set up.
What were the biggest challenges you faced during the search process, and was Prestige able to help you overcome some of these?
They key is to look at as many opportunities as possible and sharing with the agent in detail what you are looking for to make the search process as efficient as possible – important for seller, buyer and agent in the end to not waste anybody’s time.
Once you found your ideal property, how smooth (or turbulent) was the process until finally signing at notary and making it your own.
It was a rather turbulent process, as the seller was more than 10 individuals that resided in three different countries. Any negotiation was therefore a little longer than in any usual sales process.
What would your main advice to other home buyers, about to embark on a similar journey, be?
Use a qualified agent, a talented architect, interior designer & construction companies, a knowledgeable lawyer, and spend enough time searching.
Overall, what difference do you think working with Prestige made in your journey of finding and buying your dream property in Ibiza?
Showing the profile I asked for ;).
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Holiday villas with the 5 best sunsets in Ibiza
Why is Ibiza one of the most famous holiday destinations in Europe?
Sunset, dusk, twilight… are some of the names we give to an event as ephemeral as the sunset.
Sunsets mark very significant moments in our lives: ‘the afternoon when we fell in love; the long summer days with our family; the magic of a sunset to the sound of drums; that dinner of friends that began with a burning red sky’… moments in which we feel very lucky and grateful.
But if there is one place in the world where you can enjoy this natural wonder, it is Ibiza, with almost 275km of coastline, 300 days of sunshine a year and a peaceful and happy rhythm of life.
In this blog we want to share with you five of the most special places where you can enjoy an unforgettable sunset. Besides, we have thought about you because in each of them you will find a selection of our fabulous holiday villas.
The Prestige Team has participated in the vote to draw up the ranking that we present to you below.
Nº 5 San Antonio, Ibiza
The Paseo de San Antonio is one of the most fun and unique places on the island. It offers the possibility of water activities such as jet-skiing, jet-boating, flyboarding or parasailing, during sunset. Yes, believe it, because here you can be 50 meters high and be the king of the world! This spot is also very famous for its music and good atmosphere, this is where Café del Mar was born, a real symbol in Ibiza.
Less than 15 minutes away are two of our holiday villas, with swimming pool and fantastic views: Casa Sandra and Can Trillo.
Nº 4 Cala Benirrás, Ibiza
If you are lucky enough to be in Ibiza on a Sunday, you cannot leave without visiting Cala de Benirrás, where the authentic essence of the 70’s comes alive for a few hours and fills the sunset with music and percussion. A hundred people play their drums bidding farewell to the sun, while a large crowd dances and gets carried away by the good vibes and the hippie spirit. Some of the most impressive vacation villas in our catalog are in this area: S’Ermita, Can Quince, Can Rio and Can Pep de sa Guaita.
Nº 3 Sa Caleta, Ibiza
What if you want to make the sunset even more special? All you need for this is a sailboat! Cruising the waters offshore caressed by the sea breeze and feeling so close to the sun that you can almost touch it, this experience is one of the most romantic we can recommend. There are different companies that offer a wide range of boats and rentals adapted to your needs. We can help you, if you dream of living a unique sunset. But in addition, we have a selection of villas for rent located a few meters from the sea, so you can simulate the sensation of sailing: Can Cristina and Can Oasi.
Nº 2 Cala Conta, Ibiza
They say Cala Conta is one of the most beautiful beaches in the world. Here we give you the reasons: crystalline waters, fine, almost white sand and incredible views; they make it an earthly paradise. We highlight the gastronomy of the area, the Bullit de Peix and the paella are the star dishes. At the Sunset Ahsram beach bar, you can drink a cava sangria while you celebrate the sunset with music and good atmosphere.
We recommend some of our holiday villas, located very close to this famous destination: Can Liband Can Masia, ask us about them.
Nº1 Es Vedrá, Ibiza
And at number 1 is the islet of Es Vedrá, a magical enclave located in the southwest of Ibiza. Although you are not allowed to climb this mystical rock, which is almost 400 metres high (because it has been part of the Nature Reserve since 2002 due to its high ecological value), we recommend you climb the Es Savinar Tower, commonly known as the Pirate’s Tower, and enjoy the unbeatable views! Some of our most charming villas are just a few minutes away: Can Pelat.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
COVID-19 in Ibiza – May 1st Update
As a team here at Prestige Properties we would like to take the opportunity to share with you some positive news. This week Spain has presented its plan for the deconfinement and this means that we are starting to see some light at the end of the tunnel. The sun and the beach finally seem less like a dream and more of a reality. And we really hope that we can welcome you here again soon!
Here is a calendar illustrating the 4 steps of deconfinement:
Phase 0, from May 4th until May 10th : this is the preparation stage, citizens are able to go outside for exercise or walks, small businesses can open on appointments.
Phase 1, from May 11th until May 24th : the first stage marks the beginning of social interaction, terraces open at 30% capacity, social contact between people of the same city, hotels open without common areas.
Phase 2, from May 25th until June 7th : at this point new openings will happen with the indoor areas of restaurants and bars at 30% capacity, cultural events with limitations, trips to second homes within the same province will be allowed.
Phase 3, from June 8th until June 21st : the last stage will increase mobility, business capacity rises from 30 to 50%, restrictions will be softened in general.
Each one of these stages will be conditioned to the evolution of the crisis, implementation may vary from province to province and the dates might be modified by the government. Fortunately, Balearic Islands and especially Ibiza have had very low numbers of cases in comparison to the mainland, so the local government is taking action to ease the process of deconfinement in the region. Fingers crossed!
Now let’s highlight some of the important dates for you and for us at Prestige Properties :
May 4th : Prestige Properties Offices can open again for business receiving clients by appointment only.
May 11th : As far as we understand, this is the date when our offices can reopen, with health and capacity restrictions. However working from home is highly recommended until Phase 3.
May 25th : Clients owning a second home and living in the same province will be allowed to travel to it.
June 8th : Beaches will be open to citizens with new conditions of use and safety. Nightclubs and bars will open at 30% capacity
June 22nd : "New normality" meaning mobility between provinces in Spain will be possible again, so hopefully the start of the season 2020 for Ibiza
Unfortunately at this point we can’t confirm a date for European and international travellers to be allowed back to our beloved Island. This will depend on further discussions between the Spanish government and its EU partners.
We hope to be able to welcome you again in July but until we know for certain let’s stay safe and keep positive. While we wait, we have adapted our way of working and you can see this on our new web page; Real Estate Virtual Technology. We are available to advise you anytime, whether you are curious to learn more about Ibiza and its market or if you would like to do a virtual tour of one of our villas.
Here at Prestige the whole team is working everyday in preparation for when we can meet our clients. We are really impressed and motivated by the amount of messages that we receive from all of you, full of positivity and will to pursue the dream holiday or the perfect new home in the sun.
To finish with another positive note, we can’t describe how beautiful the Island is looking, the roads are quiet, the countryside is green, the beaches are clean and the sea is as cristaline as can be. Nature is enjoying a well deserved break and we expect this Summer to be a jump back to the past, more space, more time, and more unexpected things to look forward to.
That is why we recommend you to have a look at our selection of Ibiza holiday villas, for which we have set new risk-free booking conditions. Summer is very long in Ibiza, to give you a little idea, average sea temperature in October is between 22 and 24 degrees, perfect for a swim…
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
How to choose a wedding photographer? 5 Basic tips to keep in mind
We know that choosing a wedding photographer is not an easy task. In fact, it’s almost as difficult as finding the dress or the event venue. Here are some guidelines to help you find a photographer who is professional, who likes your style and who is a "good person", and not die trying!
Before starting the search…
I recommend that you see many wedding photos on Internet sites such as bodas.net or mywed.com and pay attention to the differences in each professional’s work.
There are several styles of wedding photography, such as documentary photography, or classic photography. Also, each photographer processes the images differently, for example by saturating the colours, or conversely using black and white in most of their processing.
Knowing which style you like best, you can have a better idea of which photographer to choose.
1) Search on Internet
You can search for photographers in your city through internet by looking at their portfolios, or even the places where you are going to celebrate the event, they usually have photographs loaned by the photographers who go there to cover events.
You can ask your friends and family, as they may also know of some interesting references.
Finally, another option is to visit directories such as zankyou.es, where you can choose the community you belong to and search for it.
2) Choose your style
As we said before, you have to know what kind of photography you like, that is to say what look the report has, a classic style, a style close to fashion photography or documentary style. These styles are different from each other, but all of them are totally valid. Currently, documentary wedding photography is booming and more and more couples are hiring this style of photography. An example of this type of reportage is that made by Studio Fused, based in Ibiza, and also available on the mainland.
3) When you already found a photographer you like
If you have already found a photographer for your wedding, the first thing to do is to find out if he is a professional or if he is a photographer who takes occasional photographs. Look for references of his work on the internet and social networks. Once you have checked this, stay with him and see if you feel comfortable with him or her.
4) What questions should you ask
After talking about wedding photos and your experience, other important questions are as follows:
Availability for the wedding date?
What is the total price of the report?
How many hours will you be at the event?
Percentage and time for booking?
Delivery time of the report?
Digital and/or printed photographs?
How many photographs do you deliver?
Cancellation and refund policies?
Do you have support in case of illness?
5) Prepare the wedding with the photographer
A good recommendation is that once you have chosen your photographer, have a meeting with him and talk to him about your wedding planning. This is interesting, as photographers come to many weddings in a season, and can provide you with information on timing and organisation.
It is interesting to know the planning of the times from both sides, to know how much time will be available to take the pictures after the invitation, or during the cocktail after the ceremony.
Bonus
Don’t be fooled by extra products like the album or because it’s more expensive or cheaper
Look at the photographer’s complete works, they’re not worth three good pictures.
Don’t be impressed by beautiful weddings with models, or wedding sites that may not be like yours.
Make sure you know your photographer and that you get along.
Here’s a selection of Ibiza Villas ideal for Wedding Celebrations:
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Benefits of leaflets made with recycled paper
Compostable leaflets
Aware of the importance of using recycled paper and considering our love for Ibiza and for preserving our island, several years ago we began considering how we could reduce the use of paper at our company. We wanted to implement a responsible use that was commensurate with our environmental awareness and where respect for the environment is one of the main objectives in our daily operations.
In July 2018 we launched our first leaflets made using 100% recyclable paper, chlorine-free and biodegradable. We are the first to do so in our sector and would like for more companies to begin using recycled paper. We understand that conserving our resources is a global issue and therefore, in the following post we would like to show you this technique and introduce some of the most commonly used methods.
Water based inks
Inks are usually made using petroleum based solvents. When these are exposed to water, they contaminate the groundwater and the soil. These inks can also emit volatile organic compounds VOCs that are toxic to humans. These compounds are also ozone precursors and are therefore harmful to health, crops and fields.
The water-based inks that are used for our leaflets notably decrease the emission of VOCs. This reduces the environmental impact and improves the working conditions of employees tasked with printing the leaflets. Another consequence of using inks made using petroleum-based solvents is that the process of cleaning the machines and equipment generate a large amount of VOCs and hazardous waste such as rags. This can be prevented by using water-based inks for printing.
Bleaching of paper
Three methods are used for bleaching the paste during the paper manufacturing process. The method that was previously used and which use has been drastically reduced since 1990 is a method that uses elemental chlorine. This method of bleaching is currently prohibited by the European Union. Another method based on this element is one that uses chlorine dioxide, which is applied to 84% of the paste in the paper that is currently being produced in the world. This component is much less toxic that elemental chlorine but it is not completely safe and its level of toxicity is subject to controversy.
The third method for bleaching the paper paste is one used for producing recycled products. In this case the paste is either not bleached or sodium hydrosulphite is used, which is a completely chlorine-free chemical.
This method, although not widely used since it is only used in 5% of the paper that is produced, provides some advantages. The first advantage is that the paper does not absorb chlorine and therefore is completely bio-compostable. The second advantage is that less water is used for bleaching and a large percentage of it can be reused. The third advantage is that the residual water is much easier to treat when this bleaching method is used.
Leaflets made using recycled paper must naturally degrade without harming the environment. This is why we also need to use water-based and non-toxic inks for printing. Another requirement is that the paper must be bleached using chlorine-free products.
Protecting the environment
Trees are a source of raw materials; the so-called virgin paper paste, for paper producing industries. At least 4000 million trees are felled on the planet each year and the species that are most often subjected to this process are the eucalyptus and the pine.
A suitable collection and separation of paper and cardboard allows for proper recycling these as well as other recyclable materials such as plastic, glass, metal and bio-waste collected in bio-compostable bags; the composting process may be industrial or domestic. The separating of materials in blue containers prevents the paper and cardboard from becoming stained or contaminated, which would make them harder to recycle.
Recycling process
Recycled paper and cardboard may be reused almost entirely considering that 1000 kilograms will generate 900 kilograms of products made with recycled paper. After collecting and separating, the recycled paper paste is cleansed of possible foreign elements and it is separated from the ink. Then, it is subjected to a drying and pressing process to make the paper. You must know that the complete process may be carried out several times but nearly 15% is lost each cycle due to cellulose fibres that are too short.
Benefits of recycled paper
The use of recycled paper plays a major role in preserving the natural resource constituted by cellulose fibres, extending its service life for several cycles. Also, the following positive effects are generated by conducting a good recycling through a proper separation of the collected materials.
1. The use of cardboard and paper waste closes a cycle where new products are produced. You may be surprised to know that 69% of the supplies required by the paper and cardboard industries could be satisfied if all the paper and cardboard waste that is generated was recycled. These materials replace virgin paper paste, thus preventing felling and deforestation.
For every 1000 kilograms of recycled paper, 12 to 14 trees are saved, which equates to 4 cubic metres of wood. We calculate that one tree is saved for each person that recycles or reuses the paper they use in a year.
2. The amount of biodegradable materials that are deposited in waste dumps is notably reduced, thus limiting the emissions of Greenhouse Gases or GHG. A ton of recycled paper saves 2.3 tons of CO2, which would otherwise be emitted to the atmosphere. CO2 is a greenhouse gas and one of the main contributors to climate change.
3. The amount of space required for this purpose is also reduced, thus limiting the degradation of the land. A ton of recycled cardboard and paper reduces the waste reaching the dumps by 3.5 cubic metres.
4. The processes that use recycled paper instead of virgin paper consume 80% less water, which, as you may suppose, results in a substantial savings. One ton of recycled paper saves 26 cubic metres of water. On the other hand, the use of chemical products required in these industrial processes is also reduced.
5. A 70% energy savings is generated when recycled paper and cardboard are used. Recycling 1000 kilograms of paper and cardboard saves 4,000 kilowatts of power per hour. This is due to the cost of the industrial treatment of virgin wood, which is much higher.
6. The atmospheric pollution resulting from gas emissions has been reduced by 74% and water pollution is reduced by 35%. This is the best example of how recycling helps the environment.
7. The development of paper and cardboard waste collection and treatment sectors has a positive impact on the economies by creating new jobs.
8. Conifer or eucalyptus trees that are planted to supply the paper production industry replace the forests comprised of other species of trees, which harms biodiversity.
9. The separate collection of waste at home and at the workplace generate awareness in people regarding preserving the environment and in using renewable resources.
Deforestation
Recycling paper and cardboard prevents deforestation in areas where trees used by the paper production industry grow. For several reasons, deforestation is occurring more frequently in many areas of the planet. One of these reasons is the clearing of forests to produce paper.
Deforestation contributes to accelerating climate change since it decreases the absorption of CO2 by part of the trees. As you well know, another negative effect of deforestation is that it destroys the habitat of the fauna and flora, thus affecting and diminishing the biodiversity of the region.
On the other hand, deforestation leads to a loss of topsoil, since the leaves that fall from the trees degrade by the effect of micro-organisms, which fertilises the ground. Also, the loss of trees alters the rain cycle, decreasing the amount of precipitation. A loss of fertility of the soil and less rain leads to a desertification process, a consequence of which fertile lands become barren and hard to recover.
With this explanation we understand how the use of leaflets made with recycled paper has a positive impact on our planet. You must know that nearly 20% of the waste generated by cities is cardboard and similar type wrapping materials as well as paper used for printing documents, magazines and newspapers. Of this waste, 70% is recoverable.
Different decrees, laws and provisions in Spain as well as the European Union are aimed at setting goals for reducing waste that is recyclable and which unfortunately end up in waste dumps.
At Prestige Properties we are committed to protecting the environment and have implemented the newest and safest processes to preserve it.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
