Why buy a property in Santa Eulalia del Río (Santa Eulària des Riu)?

Santa Eulalia boasts a culturally diverse and vibrant community that appeals to both locals and international residents. It offers a range of property opportunities for families, couples, and high-profile individuals, as well as investors interested in rental properties.

The area, known for tranquil tourism and all-year-round living, combines authentic charm with modern, trendy lifestyles. It also attracts those seeking exclusive villas and homes in secure, luxury neighbourhoods due to its array of high-end private urbanisations.

A Guide to the Area and Exclusive Properties for Sale in Santa Eulalia del Río (Santa Eulària des Riu)

Santa Eulalia del Río, located on the east coast of Ibiza, shares borders with Sant Joan de Labritja, Sant Antoni de Portmany, and Eivissa. Covering an area of 153.48 km², it is home to approximately 41,608 people, contributing to the island’s total population of about 150,000.

Renowned for its family-friendly and youthful environment, Santa Eulalia boasts pristine, smoke-free beaches, lush forests, agricultural lands, quaint villages, a Marina Port, the island’s only golf course, and vibrant amenities available year-round.

The municipality comprises the town of Santa Eulalia, the island’s third-largest, and three trending villages: Santa Gertrudis, Jesús, and San Carlos. It offers a mix of authentic charm and modern living – both in and out of season.

Potential homebuyers are drawn to four main areas:

The Southeast: Including Jesús, Cap Martinet, and surrounding areas.
The Town Centre and Siesta.
The Northeast: Including Cala Martina and adjacent beaches.
The Rustic Countryside and Villages: Like San Carlos and Santa Gertrudis.

Let’s explore each area’s unique qualities to understand why buying property in Santa Eulalia del Río is a smart investment.

The Southeast of Santa Eulalia del Río

The southeastern region of Santa Eulalia del Río appeals to a wide spectrum of property buyers, each with distinct preferences.

One significant group comprises individuals and investors drawn to the area’s luxurious lifestyle offerings. These discerning buyers gravitate towards secure, gated communities that boast contemporary, high-end properties. With expansive landscapes, breathtaking views of the Mediterranean Sea, and unparalleled privacy, key locations such as Jesús, Cap Martinet, Can Rimbau, Can Pep Simó, Can Furnet, and Roca Llisa remain highly sought-after. The area’s exclusive neighbourhoods offer the perfect combination of modern amenities and tranquillity, making them ideal for those seeking a high-end lifestyle.

Conversely, another group, though smaller, is attracted to the southeast for its suitability for family-oriented living. Many of these buyers prefer the family-friendly environment of Cala Llonga or the town of Santa Eulalia itself. These areas provide a harmonious balance of community charm and essential modern conveniences, appealing particularly to families and young couples seeking a permanent residence. The southeast’s proximity to other family-centric locations and its welcoming atmosphere enhance its reputation as a top choice for those prioritising community-focused living.

In conclusion, the southeastern part of Santa Eulalia del Río provides an appealing blend of exclusivity and community living, catering both to those pursuing a luxurious lifestyle and to families looking for a welcoming, permanent residence.

Spectacular villa in Roca Llisa with panoramic sea views

Exploring Jesús, Ibiza in Depth

Purchasing a property in Jesús offers the perfect balance of convenience and beauty. This charming village provides easy access to untouched countryside, stunning natural landscapes, top-tier dining establishments, and pristine beaches. Situated within the Santa Eulalia municipality, Jesús benefits from its close proximity to Ibiza Town and Talamanca Beach, making it an ideal choice for those desiring quick access to vibrant city life and elite hotspots like Destino, Marina Botafoch, and Pacha.

Jesús is alive with activity and culture throughout the year. Its iconic whitewashed church, a focal point of the village, showcases significant artistic heritage from the Pitiusas islands. The culinary scene here is exceptional, featuring renowned establishments such as Sa Punta Fine Dining Mediterranean Restaurant, Patchwork Lebanese Rooftop Restaurant, Ginger, Chambao at Nobu Ibiza Bay Hotel, and Cala Bonita at S’Estanyol Beach.

Real estate in Jesús is defined by exclusivity and luxury. The area is renowned for its cliff-top homes, perched high above the mountains, offering panoramic views of Talamanca Bay, Dalt Vila, and Eivissa. These premium properties, often located in private communities such as Cap Martinet, Can Rimbau, and Can Pep Simó, represent some of the most desirable real estate options in the Ibiza market, frequently commanding premium prices.

Properties for Sale and Rent in Jesús

Cap Martinet: A Jewel of Jesús

Cap Martinet stands as one of Ibiza’s most exclusive areas, attracting VIPs and high-profile buyers from across the globe. This area is characterised by luxurious villas and apartments with breathtaking frontline sea views, offering both privacy and proximity to Ibiza Town’s nightlife and attractions. Residents can access the secluded Cala Roja beach via a private path, ensuring a tranquil retreat away from tourist crowds.

Properties for Sale and Rent in Cap Martinet

Can Pep Simó: A Harmony of Modernity and Nature

Located in the Jesús countryside, Can Pep Simó is known for its stunning homes, many designed in the 1970s by acclaimed architects like Erwin Broner. These properties offer unparalleled views of Puig Manyá, San Rafael, and Formentera, making them highly sought-after. The area combines a peaceful, family-friendly atmosphere with easy access to Ibiza’s Old Town.

Properties for Sale and Rent in Can Pep Simó

Can Rimbau: Ibiza’s Beverly Hills

Can Rimbau, a gated community near Ibiza Town, epitomises exclusivity. The area features a mix of grand mansions, modern luxury villas, and architectural masterpieces, all boasting spectacular views of Eivissa, the Dalt Vila World Heritage Site, and the Mediterranean. Due to its prestige and high demand, Can Rimbau remains a prime location for discerning buyers, with properties often exceeding €4,000,000.

Properties for Sale and Rent in Can Rimbau

Can Furnet: Secure and Scenic

Can Furnet offers a secure, tranquil lifestyle with 24-hour surveillance and fully fenced properties. This community, located in the mountainous countryside, is just minutes from Roca Llisa Golf Course, Jesús, Talamanca Beach, and both Santa Eulalia and Ibiza Town. Buyers here enjoy extensive sea and landscape views, along with access to a tennis club and unparalleled serenity.

Properties for Sale and Rent in Can Furnet

Roca Llisa: Golf and Coastal Luxury

Nestled between Jesús and Cala Llonga, Roca Llisa is celebrated for its private golf course and picturesque gated community. Property options include south-facing hillside villas with views of the Balearic Sea and Formentera, as well as lush golf-side residences. Buyers often find opportunities for exclusive villas or buy-to-rent investments, making Roca Llisa a versatile choice for both lifestyle and investment.

Properties for Sale and Rent in Roca Llisa

Cala Llonga: Family-Friendly Charm

Cala Llonga’s family-oriented atmosphere and scenic bay make it a popular choice for buyers seeking a peaceful lifestyle. Properties here range from apartments and detached homes to exclusive villas, all within walking distance of the beach. The village offers a range of dining options, including the renowned Amante Ibiza Beach Club, and provides easy access to water sports, local amenities, and the tranquil Mediterranean lifestyle at an attractive price point.

Properties for Sale and Rent in Cala Llonga

Santa Eulalia Town Centre and Siesta

Santa Eulalia, the third-largest town in Ibiza, thrives with a vibrant community throughout the year. Its iconic white church, "Puig de Missa," perched 52 metres above sea level, is a defining landmark that offers breathtaking views of the town and the nearby mountainside village of Siesta.

Owning a property in Santa Eulalia provides a unique blend of traditional whitewashed homes, contemporary villas, and highly sought-after modern apartments. The Santa Eulalia Marina Port, brimming with impressive yachts, complements the scenic seafront promenade, which is lined with luxurious five-star hotels such as Aguas de Ibiza and the W Hotel. The area’s two expansive beaches add to the appeal, offering golden sands, crystal-clear waters, and stylish bars and restaurants with stunning views of the Siesta mountainside.

Investing in property in Santa Eulalia or the adjacent village of Siesta offers a welcoming, family-oriented community that is steadily gaining its own sophisticated charm. Though not yet as fashionable as areas like San José, recent developments are transforming the town into an upscale destination, attracting more affluent buyers.

Properties for Sale and Rent in Santa Eulalia

Siesta, Santa Eulalia

Situated on the hillside adjacent to Santa Eulalia, Siesta offers properties with spectacular views of the town, Marina Port, and the shimmering Balearic Sea. Buyers are particularly drawn to Siesta for its tranquil setting and picturesque landscapes.

This serene locale is a prime choice for clients seeking properties with panoramic sea views, making it ideal for investment purposes or tourism licensing. Many properties in Siesta cater to buyers looking for opportunities in the growing Ibiza rental market or as a peaceful retreat amidst natural beauty.

Properties for Sale and Rent in Siesta

The Northeast of Santa Eulalia

Stretching along the 300-metre white sandy beach of Santa Eulalia lies a stunning collection of nearby beaches on the northeast coast. These include Cala Pada, Playa Niu Blau, Cala Martina, Es Canar, Cala Nova, Cala Llenya, Es Figueral, and Aguas Blancas. Renowned for their serene and family-friendly atmosphere, these beaches showcase natural beauty and tranquillity that make them ideal for both relaxation and recreation.

The northeast of Santa Eulalia attracts various types of property buyers. Families often seek permanent or seasonal residences in this area, while young couples and investors look for holiday homes or buy-to-rent opportunities. The appeal lies in the charming coastal landscapes, authentic local resorts, and panoramic Mediterranean Sea views offered by locations such as Cala Pada, Cala Martina, and Cala Nova.

Despite retaining much of their vintage charm from the 1960s and 1970s, the northeast coast has witnessed a wave of modern developments and upscale hotels in recent years. This blend of nostalgic beauty and chic upgrades has drawn increasing interest from visitors and homebuyers alike.

Notably, the opening of the Bless Hotel in Cala Nova in 2019, a luxurious five-star property overlooking the Mediterranean, perfectly complements the area’s rustic and bohemian allure. Popular spots like Aiyanna Beach Club and Atzaró Beach Restaurant add further sophistication, making the northeast a rising star for exclusive lifestyle and property demand.

Countryside & Villages: San Carlos and Santa Gertrudis

San Carlos, Santa Eulalia

San Carlos, located in the northern part of the Santa Eulalia region, is a charming village steeped in cultural history and a vibrant community spirit. Once a hub for the hippie movement of the 1960s and 1970s, San Carlos has evolved into a picturesque destination while maintaining its authentic roots. Properties here range from terrace houses and apartments to expansive villas and renovated farmhouses, catering to a diverse clientele including families, retirees, and high-profile buyers seeking secluded estates.

At the heart of the village lies Bar Anita, a beloved gathering spot since the 1960s, and the iconic Las Dalias Hippy Market, where locals and tourists enjoy artisanal goods, street food, and live music throughout the year. The village’s relaxed and safe environment, coupled with its proximity to the beaches of the east coast, makes it a perfect choice for families and those seeking tranquil countryside living.

San Carlos is known for its striking agricultural landscapes and organic farmlands, offering properties with expansive open spaces and breathtaking views. This makes it highly desirable for those yearning for rustic yet luxurious living in a natural setting.

Properties for Sale and Rent in San Carlos

Santa Gertrudis, Ibiza

In the heart of the island, Santa Gertrudis stands out as one of Ibiza’s most picturesque and charming villages. It enjoys a central location with easy access to Ibiza Town, Santa Eulalia, and the island’s stunning beaches. The village’s recently renovated plaza, lined with traditional bars, restaurants like Bar Costa, Restaurante Santa Gertrudis and Can Mimosa, and boutique shops, exudes a warm and inviting ambiance.

Santa Gertrudis offers an eclectic mix of housing options, including Mediterranean-style villas, modernised fincas, and contemporary homes nestled amidst the surrounding farmland. Buyers are often drawn to the area for its artistic and bohemian lifestyle, supported by unique establishments like SLUIZ, a quirky warehouse offering unconventional home decor, clothing, and dining experiences.

Families particularly appreciate Santa Gertrudis for its proximity to renowned schools like Morna International College and the family-friendly atmosphere. The area’s year-round appeal and community spirit make it a desirable choice for both permanent residents and holiday home seekers.

Properties for Sale and Rent in Santa Gertrudis

Whether it’s the boho-chic northeast coast or the serene countryside of San Carlos and Santa Gertrudis, Santa Eulalia offers an unparalleled blend of beauty, culture, and lifestyle opportunities. Each location presents a unique investment potential, catering to diverse tastes and preferences.

Considering buying a villa in Santa Eulalia del Río?

Santa Eulalia del Río is steadily gaining recognition as a prime location, with growing demand for luxury properties within the exclusive gated communities of the southeast and the charming village of Santa Gertrudis.

Prospective buyers are often advised to explore beyond the most sought-after areas. Nearby locations present exceptional opportunities to secure properties that offer excellent value for money while remaining in close proximity to the emerging hotspots of the northeast and the central town of Santa Eulalia. These neighbouring areas boast a wide array of exclusive and high-quality luxury properties, ensuring buyers can still access the top-tier living experience Ibiza is known for.

Properties for Sale and Rent in Santa Eulalia

In need of a Holiday Rentals Villa whilst visiting to view properties?

Explore exclusive properties for sale during your Ibiza holiday. Stunning villas in the Santa Eulalia area are ready to welcome you for an unforgettable getaway.

Holiday Rental Villas in Santa Eulalia del Río

Ibiza’s Autumn Escape 2024: Experiencing the Island’s Tranquil Side

When most people think of Ibiza, they imagine bustling beaches, lively nightlife, and the summer party scene. However, visiting Ibiza in autumn offers a completely different experience—one filled with tranquillity, natural beauty, and cultural richness. As the crowds thin out and temperatures cool, Ibiza transforms into a peaceful paradise perfect for exploration, outdoor activities, and relaxation. Here’s your guide to experiencing the best of Ibiza in autumn 2024.

Why Visit Ibiza in Autumn?

Autumn in Ibiza, spanning from late September to November, is a hidden gem for those looking to experience the island’s calmer side. The weather remains pleasantly warm, ranging from 20 to 25 degrees, making it ideal for outdoor activities. The island’s natural beauty is at its peak, with lush landscapes, clear skies, and the vibrant colours of autumn. Moreover, many of the island’s attractions remain open, providing ample opportunities to explore without the summer crowds.

Best Things to Do in Ibiza in Autumn

Explore Ibiza’s Scenic Hiking Trails

Autumn is the perfect time to explore Ibiza’s scenic hiking trails. With cooler temperatures and fewer tourists, you can enjoy the island’s natural beauty at a leisurely pace. Some of the best hiking spots include:

Sa Talaia: The highest point on the island, offering stunning panoramic views of the coastline and countryside. The trail is moderately challenging, making it suitable for most hikers.
Es Vedrà Nature Reserve: This trail provides breathtaking views of the mystical Es Vedrà rock formation. It’s a relatively easy hike, perfect for a relaxed afternoon adventure.
Cala d’Hort to Cala Carbó: A coastal hike that takes you along beautiful cliffs and secluded beaches. This trail is ideal for those who love photography, as it offers many picturesque spots.

Outdoor Sports and Activities

Ibiza in autumn is a paradise for outdoor sports enthusiasts. The cooler weather provides perfect conditions for various activities, from water sports to land-based adventures.

Kite Surfing: The autumn winds make Ibiza a prime location for kitesurfing, particularly around Playa d’en Bossa and Es Cavallet. For beginners or those looking to improve their skills.
Kayaking: Explore Ibiza’s stunning coastline, hidden coves, sea caves, and secret beaches.
Rock Climbing and Bouldering: The cooler temperatures make autumn an ideal time for rock climbing. The cliffs around San Antonio and Santa Inés offer some of the best spots.
Cycling: Enjoy the landscapes in a different way; through charming villages, olive groves, and vineyards.

For more details on these activities, check out our article Discover the outdoor paradise in Ibiza

Experience Ibiza’s Mercadillos (Markets)

Autumn is a fantastic time to visit Ibiza’s famous mercadillos, or markets, where you can find everything from handmade crafts to local produce.

Sant Jordi Market: Held every Saturday, this market is a local favourite. Located at the old horse racing track, you’ll find a mix of second-hand goods, antiques, and artisan crafts. It’s a great place to mingle with locals and find unique souvenirs.
San Juan Market: Taking place every Sunday in the charming village of San Juan, this market focuses on organic produce, crafts, and live music. It’s a vibrant and lively event where you can experience local culture, enjoy live performances, and sample fresh, locally grown products. The market’s bohemian atmosphere makes it a must-visit for those seeking a unique, authentic Ibiza experience.

Discover Ibiza’s Historical Sites

Autumn is the perfect time to delve into Ibiza’s rich history without the heat of summer. Some must-visit historical sites include:

Dalt Vila: Ibiza Town’s UNESCO World Heritage-listed Old Town is a maze of narrow streets, historical buildings, and stunning viewpoints. A leisurely walk through this area allows you to soak up the island’s history and enjoy some of the best views over the harbour.
Necropolis del Puig des Molins: This ancient burial site offers a fascinating glimpse into Ibiza’s Phoenician past. The on-site museum provides detailed insights into the island’s archaeological history.
Torre de Balansat (Torre des Molar): Located on a cliff 95 metres above sea level, between Punta de sa Creu and the Port of Sant Miquel, this 18th-century watchtower offers both historical intrigue and breathtaking views. Completed in 1763 as part of Ibiza’s coastal defence system, it never housed cannons but served as a key observation point. A great spot for a day trip, especially in the cooler autumn weather, where you can enjoy the panoramic views of the surrounding coastline and nearby islands.

Enjoy Ibiza’s Year-Round Restaurants

While many beach clubs and seasonal eateries close after the summer, several fantastic restaurants remain open year-round, offering delicious food and a warm atmosphere.

Yemanja: Nestled in the scenic Cala Jondal, Yemanja offers a beachfront dining experience with Mediterranean cuisine, specialising in rice dishes and seafood. Open year-round, it’s perfect for a relaxed autumn lunch by the sea.
Can Mimosa: Located in the charming village of Santa Gertrudis, Can Mimosa offers a farm-to-table experience with a focus on fresh, organic ingredients. This cosy spot is ideal for an autumn evening, with a menu that combines traditional Ibizan flavours with a modern twist.
Can Pilot: A favourite among locals, this rustic eatery in San Rafael is known for its grilled meats and traditional Ibizan dishes. It’s a great place to experience authentic island cuisine.
Es Torrent Restaurante: Situated on a secluded beach, Es Torrent is famous for its seafood dishes. Open throughout the year, it offers a more peaceful dining experience in autumn, away from the summer crowds.

Relax and Rejuvenate

Autumn is the perfect time to unwind and rejuvenate in Ibiza’s serene environment. With the crowds gone, you can truly relax and enjoy the island’s natural beauty.

Yoga and Wellness Retreats: Several yoga studios and wellness centres offer retreats and classes throughout autumn. A variety of yoga and meditation retreats set in tranquil locations across the island.
Spa Days: Treat yourself to a spa day at one of Ibiza’s luxury hotels, such as Atzaró or Hacienda Na Xamena. These spas offer everything from traditional massages to holistic therapies, perfect for a day of relaxation.

Planning Your Autumn Getaway to Ibiza

Visiting Ibiza in autumn allows you to experience the island in a completely new way. With its blend of natural beauty, cultural richness, and outdoor adventure, autumn is the perfect time to discover Ibiza’s quieter, more authentic side. Whether you’re hiking through scenic trails, browsing local markets, or enjoying a cosy dinner at a year-round restaurant, there’s something for everyone to enjoy.

For more details on planning your trip, including accommodation options, car hire, and bespoke boat experiences—among many other services—visit our Concierge Services to ensure you make the most of your autumn escape. Experience the tranquillity of Ibiza in autumn and discover why it is the perfect time to visit.

Our Comprehensive Guide to Legalising Rustic Land Constructions in Ibiza: Understanding Decree-Law 3/2024

Investing in real estate in Ibiza, particularly on rustic land, offers a unique opportunity to own a piece of this stunning Mediterranean paradise. However, if you’re considering such an investment, understanding the legal framework surrounding rustic land constructions is crucial. Recent developments, particularly the enactment of Decree-Law 3/2024, have introduced significant changes that could affect your property. This law offers a pathway to legalise buildings and installations constructed on rustic land under certain conditions.

Our guide will walk you through the key aspects of the law, providing a clear understanding of what can and cannot be legalised, the steps required to legalise a property, and the legal nuances you need to be aware of.

An Overview of Decree-Law 3/2024

Decree-Law 3/2024, formally titled the "Law on Urgent Measures for Administrative Simplification and Rationalisation in the Public Administrations of the Balearic Islands," was introduced to address the complexities of legalising certain constructions on rustic land. This decree specifically targets buildings, structures, and installations that predate certain critical years or whose urban infractions have since expired.

The law represents a significant shift in the legal landscape, as it simplifies the administrative procedures needed to bring older or non-compliant properties into legal compliance. For property owners and potential investors, understanding this law is essential to ensuring that their investments are protected and legally sound.

What Cannot Be Legalised?

While Decree-Law 3/2024 provides an avenue for legalising many constructions, it is important to recognise that there are clear limitations and exclusions. The law aims to maintain the integrity of protected areas and public domains, thus excluding certain properties and situations from legalisation.

Expropriation, Cession, or Demolition Zones:

Properties that are located in areas designated for expropriation, cession, or those scheduled for demolition are excluded from legalisation under this law. These areas are often earmarked for public projects or redevelopment and thus are protected from private legal claims.

Public Domain Properties:

Constructions that are situated on public land, which is land owned by the state or local government for public use, cannot be legalised. This includes properties on land designated for parks, public buildings, or other community uses.

Road Protection Zones:

Another critical exclusion involves properties located within road protection zones. These zones are established to maintain safe distances from public roads and highways, and the law excludes strips of 8m, 18m, or 25m, depending on the type of adjacent road, from being legalised. This is in line with the safety and environmental regulations stipulated in Law 5/1990.

Coastal Servitude Zones:

The Balearic Islands, including Ibiza, have stringent coastal area regulations to preserve the coastline’s natural beauty and environmental integrity. Properties located within 100 metres of the inner limit of the coastal riverbank, as defined by Law 22/1988, fall under the coastal servitude zones and are not eligible for legalisation.

If your property is used for tourism-related activities and requires a tourism exploitation licence, it cannot be legalised under this decree while retaining the ability to continue such activities. Legalisation is possible, but it comes with the condition that the property can no longer be used for tourism purposes. This restriction must be formally registered in the Property Registry within three months of legalisation.

Properties Requiring General Interest Declarations:

Certain properties or installations that are used for activities requiring a prior declaration of general interest, as per Law 6/1997, are generally not eligible for legalisation unless they are specifically declared of general interest under special provisions of the law.

What Can Be Legalised

Despite the exclusions, Decree-Law 3/2024 provides a broad scope for legalising many constructions on rustic land, particularly those where urban infractions have expired by a specific date. Understanding what can be legalised under this law is crucial for property owners and potential investors.

Infractions used to become prescribed (i.e., they expired) eight years after it can be definitively proven that the construction was completed. However, since 2018 infractions in rustic land are no longer prescribed. Also, the mere passage of eight years does not always mean that the infraction has been prescribed, as per the following sections.

The decree allows for the legalisation of buildings, constructions, and installations on rustic land, provided their urban infractions have expired by May 29, 2024. The eligibility for legalisation largely depends on the type of land and the date when the infraction occurred.

Natural Spaces Law (LEN) Zones:

For properties located in LEN zones (Natural Spaces Law 1991), the key date is March 10, 1991. If the infraction occurred before this date, the property may be eligible for legalisation. LEN zones are areas of significant environmental importance, and the law carefully controls development in these areas.

Protected Rustic Land:

For properties on protected rustic land, the infraction must have occurred before May 25, 2014, for the property to be eligible for legalisation. Protected rustic land is typically subject to stricter regulations to preserve its environmental and cultural value.

Common Rustic Land:

Properties on common rustic land may be legalised if the infraction occurred before June 28, 2016. Common rustic land is generally used for agricultural purposes, and the regulations here are slightly less stringent compared to protected rustic land.

Cultural Heritage Sites:

For properties classified as Cultural Interest or Cultural Heritage, the infraction must have occurred before November 18, 1990, to be considered for legalisation. These properties are of significant historical or cultural value, and any legalisation process will need to ensure that their character and integrity are preserved.

Guide to Legalising Rustic Land Constructions in Ibiza - Decree-Law 3/2024

The Process of Legalising Your Property

If your property qualifies for legalisation under Decree-Law 3/2024, there is a clear process you must follow to achieve legal status. This process involves a series of steps designed to ensure that the property meets all legal and environmental requirements.

Request an Extraordinary Legalisation Licence:

The first step in the legalisation process is to apply for an extraordinary legalisation licence to the relevant town hall. This application formally initiates the legalisation process.

Submit a Technical Legalisation Project:

Along with your application, you will need to submit a detailed technical project that outlines the measures you will take to comply with environmental regulations. This includes plans to reduce light pollution, which is particularly important in rural and rustic areas, and to improve energy or water efficiency. These environmental measures are a key component of the legalisation process and reflect the broader goals of the Balearic Islands to promote sustainable development.

Adhere to Legislation Deadlines:

Time is of the essence in the legalisation process. Decree-Law 3/2024 provides a three-year window from the publication of the decree in the Balearic Official Gazette (BOIB) for property owners to apply for legalisation. It’s important to note that the cost of the application increases each year, so acting promptly can save you money.

Tax Reductions and Financial Considerations:

In addition to the regular licensing and ICIO fees, the process also involves an "economic contribution" equivalent to 10%, 12.5%, or 15% of the material execution cost (calculated at the date of application submission), depending on whether the application is registered during the first, second, or third year of the term, respectively.

The law also provides for tax reductions based on the average taxable income of the property owner over the last four fiscal years. Specifically:

A 50% reduction in legalisation costs is available if the individual’s income is below €33,000 or if joint income is below €52,800.
A 25% reduction is available if the individual’s income is below €52,800 or if joint income is below €84,480.

These financial incentives are designed to make the legalisation process more accessible to a wider range of property owners.

Navigating the Legalisation Process

Investing in rustic land in Ibiza offers a unique opportunity, but it comes with the responsibility of ensuring that any existing structures are legal and compliant with local regulations. Decree-Law 3/2024 provides a valuable framework for property owners to regularise their holdings, but it requires a thorough understanding of the law, adherence to strict deadlines, and a commitment to meeting environmental standards.

By following the steps outlined in this guide, you can navigate the legalisation process with confidence. Whether you’re looking to preserve a piece of Ibiza’s rustic charm or to develop your property further, ensuring legal compliance will protect your investment and contribute to the sustainable development of this beautiful island.

We would like to extend our thanks to Illot Studio for their expertise in breaking down the complexities of Decree-Law 3/2024 and assisting us in creating this comprehensive guide. If you need assistance in legalising any parts of your property, you can contact Illot Studio for professional advice and services.

Living in Ibiza: Life in Las Salinas

Las Salinas, with its breathtaking natural wonders, stunning scenery, UNESCO World Heritage sites, and trendy beaches, has become one of the most sought-after destinations in Ibiza. Known for its ecological significance and vibrant social scene, this area offers a unique blend of nature, culture, and luxury, making it a top choice for visitors and those looking to invest in property.

Explore with us the wonders of Ses Salines, where natural beauty, cultural heritage, and luxurious living come together in one of Ibiza’s most captivating destinations.

The Natural Park & Salt Flats: A Sanctuary of Biodiversity

The heart of Las Salinas lies in its renowned natural park, ‘‘The Natural Park of Ses Salines d’Eivissa and Formentera’.’ Recognised for its ecological importance, this UNESCO World Heritage site is a haven for marine life, rare bird species, and diverse plant life. The park, which was declared a natural reserve in 1995 and later a natural park in 2001, stretches from the southern tip of Ibiza to the northern reaches of Formentera, covering 3,000 hectares of land and 13,000 hectares of water.

The marine area of the park is particularly noteworthy, home to dense prairies of oceanic Posidonia (seagrass) meadows, a crucial habitat for endangered species found only in the Mediterranean. The park’s land area features salt flats, wetlands, dunes, and forests, offering a sanctuary for over 200 species of birds, including the iconic flamingos and black-necked storks.

For those eager to learn more about the park’s conservation efforts, a visit to the visitor centre in San Jose or a look into IbizaPreservation’s initiatives is highly recommended.

The Beaches: Las Salinas & Es Cavallet

Las Salinas is celebrated for its beaches, each offering a unique experience while sharing the common elements of pristine white sands and crystal-clear waters.

Las Salinas Beach

Las Salinas Beach is an iconic Ibiza destination, known for its golden-white sands, fragrant pine and Sabina trees, and shimmering turquoise waters. While it’s a perfect spot for a relaxing day under the sun, the beach comes alive during the summer with vibrant activity. Expect to see lively party parades, ticket sellers, and beach merchants mingling with the crowd, adding to the dynamic atmosphere.

The beach is lined with famous chiringuitos, where Balearic beats and DJ sets provide a soundtrack well into the night. Las Salinas seamlessly blends Ibiza’s signature glamour with a welcoming vibe, making it a favourite for everyone from families to nudists. For those who enjoy a quieter experience, the surrounding area is ideal for adventure walks, especially during the off-season when the natural beauty of the landscape shines through.

Es Cavallet Beach

Es Cavallet, another gem in Las Salinas, is particularly popular within the LGBTQ+ community and was one of the first beaches in Spain to embrace nudism. This long, narrow beach is characterised by its transparent waters, occasional patches of seagrass, and powdery white sand, all beautifully framed by protective dunes.

Although Es Cavallet is lively and bustling during the summer, it exudes a more sophisticated atmosphere compared to Las Salinas. The beach is dotted with upscale beach bars and restaurants, where you can savour gourmet cuisine and refreshing drinks in an elegant setting, all while enjoying stunning sea views.

Living in Ibiza: Es Cavallet beach in Las Salinas area

The A-List VIP & Celebrity Attraction

Las Salinas and Es Cavallet are magnets for the jet-setting crowd, making them prime spots for celebrity sightings. It’s not uncommon to rub shoulders with well-known actors, football players, models, and influencers who are drawn to the area’s fun party vibe and luxurious lifestyle. However, despite its reputation as a playground for the rich and famous, Las Salinas remains accessible to everyone, attracting a diverse mix of visitors, from local Spanish families to free-spirited nudists, all united by their love for these beautiful beaches.

The Restaurants, Beach Clubs, and Hot Spots of Las Salinas

The Las Salinas area is home to some of Ibiza’s most famous beach clubs, including the legendary Sa Trinxa, Jockey Club, Beso Beach, and El Chiringuito. These venues are celebrated for their gourmet food, stylish clientele, and prime locations. During the summer months, these spots are a hive of activity, with top DJs spinning dance and Balearic music, creating an unforgettable beachside atmosphere that attracts international tourists and locals alike.

Cultural Spots in Las Salinas

For those interested in the cultural heritage of Las Salinas, a visit to the area’s historic sites is a must. Sant Francesc, an 18th-century church, was originally built for the salt workers and remains a simple yet charming place of worship. Located near the church is a striking bronze sculpture of a man carrying a basket, a tribute to the Ibizan saliners, crafted by the sculptor Pedro Hormigo.

Just before reaching the port of Sa Canal, you’ll find the Ship of the Salinera, a former salt storage ship now transformed into a modern art exhibition centre by collector and hotelier Lio Malca. This unique space hosts a variety of cultural events throughout the year, adding to the rich tapestry of experiences available in Las Salinas.

Property in Las Salinas, Ibiza

For those looking to invest in Ibiza real estate, Las Salinas offers a unique and highly desirable market. The area’s proximity to the renowned beaches of Las Salinas and Es Cavallet makes it especially attractive to second-home buyers. However, due to the numerous restrictions imposed by the nature reserve and the protected status of the area, properties here are in short supply, driving up demand and property values. As a result, owning a villa in Las Salinas is not only a prestigious investment but also a rare opportunity to own a piece of one of Ibiza’s most exclusive areas.

Properties For Sale & Rent in Las Salinas

Properties for Sale & Rent in San José

Whether you’re visiting or considering a permanent move, Las Salinas offers a captivating blend of natural beauty, vibrant culture, and luxurious living that is hard to match.

Discover Ibiza’s Exclusive Villas: Hidden Gems with Unmatched Privacy for Discerning Buyers

Ibiza is an island synonymous with luxury, beauty, and exclusivity — and a sanctuary for discerning buyers seeking unparalleled privacy in one of Europe’s most coveted destinations. Ibiza’s luxury real estate market is a treasure trove of unique properties, from historic palaces steeped in rich heritage to contemporary villas offering cutting-edge amenities. Whether you’re drawn to the serene countryside, the vibrant energy of Ibiza Town, or the idyllic coastal vistas, our island offers a diverse array of exclusive villas that promise an extraordinary living experience.

Join us as we explore some of Ibiza’s most remarkable hidden gems, where luxury meets privacy in perfect harmony.

Villa Amalfi

We love Villa Amalfi for its unparalleled privacy and stunning sea views. Located in the gated urbanisation of Can Furnet, Villa Amalfi is a prestigious property that boasts a sprawling 22,000 square metres plot and a built surface of 1,088 square metres –– featuring seven double bedrooms, each with an en-suite bathroom, a spacious living and dining area, and a large private swimming pool. With its proximity to Ibiza Town and Talamanca Beach, Villa Amalfi strikes the perfect balance between seclusion and vibrancy. With its ample space and top-notch amenities, it’s perfect for entertaining and relaxing in style.

Palacio Orfeo

Situated in the heart of Ibiza’s historic Marina, Palacio Orfeo captivates us with its magnificent palace that exudes timeless elegance and historical significance. This Ibizangem, built at the end of the 19th century and meticulously restored by architect Pascal Djavadi, offers a unique blend of luxury and modern comfort. The palace stands out with its grand entrance, historical significance, and spectacular views of the Dalt Vila cathedral.

Originally commissioned by a Spanish Navy minister and designed by Joan Gómez Ripoll, Palacio Orfeo is a piece of Ibiza’s history. The current owner, who acquired it in 2017, has restored it with exquisite attention to detail, maintaining its historical charm while incorporating modern amenities.

Every detail has been considered to provide an unmatched residential experience. This property is perfect for those seeking a refined and exclusive lifestyle. Whether as a private residence or an event venue, its timeless beauty and prime location make it a unique retreat for discerning buyers.

Finca Fruitera

Finca Fruitera is one of our favourites due to its serene escape blending traditional charm with modern comforts, set on a vast 20,000 square metre plot with panoramic countryside views, ideal for those seeking tranquillity, privacy and authentic Ibiza living. Recently refurbished, this property combines traditional charm with modern comforts, making it an ideal retreat for those seeking tranquillity in Ibiza’s countryside.

The main house features two levels, with the ground floor housing three double bedrooms, a large living-dining room, and a separate kitchen. The first floor is dedicated to the master bedroom, with a large bathroom, dressing room, and terrace. The exterior includes terraces of fruit trees, gardens, and a 35 m2 swimming pool, perfect for outdoor relaxation and al fresco dining.

Finca Fruitera ensures modern comfort while maintaining its traditional charm. Ideal for those craving peace with easy access to main towns and beaches, Finca Fruitera is perfect for anyone looking for a renovated finca-style home with complete privacy.

Finca Gallo

Close to the village of San José, Finca Gallo charms us with its expansive layout and rustic elegance, featuring a main house, guest accommodations, and extensive leisure facilities including a swimming pool and tennis court, perfect for families looking to enjoy space and privacy near San José.

The main house features a large entrance area with a high wooden-beamed ceiling, a spacious kitchen, dining room, and bar. The upper floors house four bedrooms, each with a bathroom, and the master bedroom includes a sun terrace. The guest house offers an outstanding four double bedrooms with private bathrooms and a common room, while the guest apartment includes a kitchen, bedroom, and bathroom.

The expansive 15,024 m2 plot includes a 60 m2 swimming pool, dining area with barbecue, and private tennis court, offering ample space for relaxation and entertainment. Finca Gallo is ideal for large families or multiple families, providing plenty of space and privacy. Its proximity to San Jose and various amenities makes it perfect for a pleasant vacation or year-round residence.

Villa Boix Island

Villa Boix Island stands out to us as the ultimate private oasis, located on a secluded peninsula, boasting a double-winged villa, two swimming pools, multiple terraces, and direct access to a serene cove, offering unmatched luxury and exclusivity with breathtaking sea views.

The villa is divided into two wings, each with three bedrooms overlooking the Mediterranean Sea. A separate housekeeper’s building includes additional bedrooms and living spaces. The exterior boasts ten terraces, two swimming pools (one infinity pool), and a sports court. This property is perfect for nature lovers and those seeking a private, luxurious retreat with stunning sea views. It also offers a unique business opportunity for those interested in an exclusive location on the island.

Villa Lucky

Villa Lucky epitomises modern luxury with its sleek design and panoramic sea vistas in Es Cubells, featuring spacious living areas, stylish interiors, and expansive outdoor spaces including a private pool, this property is perfect for enjoying the Ibiza lifestyle in comfort and style. This elegant villa features five bedrooms, six bathrooms, and ample outdoor spaces for relaxation and entertainment. The spacious living room offers stunning sea views, while the open-plan kitchen and five en-suite bedrooms provide modern comfort. The exterior includes a pool, chill-out area, and various trees providing shade and privacy. This property is perfect for those seeking a renovated, charming home in a prime location with breathtaking views.

Villa Turquoise

Villa Turquoise offers contemporary elegance and stunning sea views near Es Figueral and Aguas Blancas, boasting seven bedrooms, two pools, and upscale amenities. In our opinion, it is an ideal choice for buyers seeking a stylish retreat in a prime location.

The villa is divided into two floors, with the main floor featuring a spacious living room, dining room, and master bedroom. The lower level includes three bedrooms, a gymnasium, and a laundry room. The exterior boasts a large swimming pool, outdoor kitchen, and multiple terraces. Equipped with underfloor heating, central air conditioning, an alarm system, and domotics, Villa Turquoise ensures modern comfort. Ideal for those seeking a ready-to-move-in house with stunning sea views and proximity to beaches.

Can Maor

Can Maor is for us, a dream home located on the West Coast of Ibiza, offering privacy, sea views, and modern amenities. Completely renovated with Ibizencan style, this villa includes seven bedrooms and ample outdoor spaces. The villa features a spacious living room, open-plan kitchen, and master bedroom with stunning views. The exterior includes a swimming pool, terraces, and beautiful gardens. Equipped with underfloor heating, air conditioning, and an alarm system, Can Maor ensures modern comfort. Ideal for those seeking a renovated, charming home in a prime location with breathtaking views.

Can Nadal

Nestled in a serene enclave with breathtaking views of Dalt Vila, Can Nadal is an exceptional Ibiza mansion available exclusively through Prestige Properties. This grand estate offers a harmonious blend of luxury and privacy, surrounded by tranquil surroundings. Enhanced by a private tennis court, Can Nadal provides a prestigious retreat with convenient access to the vibrant energy of Ibiza.

This villa boasts magnificent panoramic views over a picturesque valley and the stunning coastline. From the historic old castle to Playa d’en Bossa and Ses Salines, the vistas are truly mesmerising. The tranquil setting ensures peace and privacy, making it an ideal retreat while still being close to the island’s attractions.

The mansion’s spacious gardens, large terraces, fish pond, and waterfalls create a captivating outdoor environment.

The property is thoughtfully divided into a main house and two annexes. The main house includes three generous double bedrooms, each with an en-suite bathroom. The first annexe houses two more bedrooms with en-suite bathrooms and a connecting living room, while the second annexe provides two additional suites for staff or guests.

The exterior of Can Nadal is equally impressive, featuring lush Mediterranean gardens and a 13x5m infinity pool. The expansive terrace offers both sun-drenched areas and shaded spots, perfect for lounging with a book or enjoying a glass of sangria. With supermarkets, restaurants, schools, and other amenities close by, Can Nadal is not only ideal for summer holidays but also as a second home. Its exceptional features and prime location make it a perfect choice for spending several months a year on the enchanting island of Ibiza.

Experience the ultimate in luxury and privacy at Can Nadal, where every detail is designed to provide an extraordinary living experience.

Don’t Miss Out on Our Top Exclusive Villas for Discerning Buyers

Ibiza’s exclusive luxury villas offer discerning buyers the ultimate blend of privacy, comfort, and breathtaking views. From historic palaces to modern estates, each property provides a unique living experience in one of the world’s most sought-after destinations. Whether for a primary residence, vacation home, or investment, Ibiza’s luxury real estate market presents an array of opportunities for those seeking a prestigious and tranquil retreat.

Buying a Property in San José (Sant Josep de sa Talaia), Ibiza 2024

San José (Sant Josep de sa Talaia) is a treasure trove of beautiful beaches, stunning natural scenery, charming villages, and celebrity hotspots. This vibrant area offers a diverse range of property opportunities and lifestyle options, all within proximity to the island’s capital, Eivissa. Whether you’re seeking a luxury vacation villa, an investment property, or a serene countryside retreat, San José has something for everyone.

Read on to discover which area of San José is right for you to buy a property in Ibiza this 2024.

Es Cubells Ibiza sea views — Es Cubells, Ibiza

Life and Buying a Property in San José Villages, Ibiza

San José, San Agustin, and Es Cubells are the heart and soul of the municipality, each village offering its own unique charm and vibrant lifestyle. From the bustling streets and friendly atmosphere of San José to the serene, picturesque countryside of San Agustin, and the enchanting, traditional allure of Es Cubells, these villages are brimming with character and offer something special for everyone.

San José Village

This popular village is known for its family-friendly atmosphere, unique charm, and vibrant local community. The typical Ibicencan town offers year-round amenities, including plenty of up-scale restaurants, supermarkets, souvenir shops, boutiques, and unique fashion stores.

This main village attracts families and those looking for second homes during the summer. The village’s authenticity is reflected in its property styles, drawing buyers who appreciate its charm.

Properties for sale and rent in San José village

Sant Agustí & Benimussa, Ibiza

Renowned for its endless views and serene countryside, Sant Agustí is an architecturally impressive and peaceful village. It lies on the border between San Antonio and San José, providing easy access to local shops, supermarkets, and restaurants, despite having only a few stores within the village itself. The surrounding Benimussa countryside is a highly desirable area for those seeking a secluded and authentic lifestyle.

Families and younger couples often seek traditional fincas and Mediterranean-style villas with expansive grounds and outdoor living opportunities here. Some even cultivate their land.

Properties for sale and rent in San Agustin

Properties for sale and rent in Benimussa

Es Cubells, Ibiza

As Ibiza’s smallest village, Es Cubells offers a unique traditional culture and the most stunning panoramic sea views. The village consists of a white Ibicencan church and two nearby bars. Its proximity to little coves and beaches, such as Ses Boques, Cala Llentrisca, Es Torrent, Porroig, and the Cala d’Hort Natural Park with its famous Es Vedra island, makes it a magical and extraordinary spot.

Despite its small size, Es Cubells offers exclusive modern villas with spectacular sea views. The Cala d’Hort beach area and its views of Es Vedrà are highly sought after by luxury home buyers.

Properties for sale and rent in Es Cubells

Life and Properties for Sale in the South of San José, Ibiza

The south of San José, including Ses Salines, Cala Jondal, and Es Cubells, is a hotspot for buyers with money to invest. These up-market locations offer easy access to unspoiled countryside, Ibiza Town, and the island’s most popular beaches. Fashionable bars and restaurants, like Sa Trinxa, El Chiringuito, and the famous Blue Marlin Ibiza Beach Club, attract A-list celebrities. These spots are ideal for those seeking an exclusive VIP lifestyle.

Properties in the south are typically luxury second homes or investment rentals. The area of Ses Salines is particularly known for its panoramic sea views. Due to its low supply and protected nature reserve status, properties here are in high demand and difficult to acquire, making it an affluent and exclusive area.

El Chiringuito Ibiza - es cavalet — El Chiringuito, Ibiza

Life and Properties to Buy in the West of San José, Ibiza

The west coast of San José features popular beach resort areas like Cala Tarida and Cala Conta. These beautiful spots are known for their white sand beaches, turquoise waters, and breathtaking sunset views. The area is lively during peak season, with numerous hotels, restaurants, bars, and tourist attractions, such as the Cotton Beach Club Ibiza, Sunset Ashram Beach Bar, and Cala Escondida.

For those interested in tourism rentals or a second vacation home, the West is an excellent choice. This family-friendly area offers renovated and modern villas and apartments with stunning landscapes, sea views, and some of the best sunsets on the island.

Buying a Property in San San José with us at Prestige Properties

If you’re considering buying a property in the San José area, browse our current properties for sale and rent. Our team at Prestige Properties Ibiza is ready to help you find your dream home.

Properties for sale and rent in San José

Ibiza & Balearic Island Real Estate Market Report 2023 & Forecast 2024

As anticipated in our 2022 Market Report and forecast for 2023, the Ibiza real estate market experienced a modest decline in sales over the past year. This decrease can be attributed to various factors, including the global economic slowdown, geopolitical tensions such as the conflicts in Ukraine and the Middle East, and financial uncertainties stemming from inflation and rising interest rates. Despite these challenges, it’s important to note that the market has demonstrated resilience and stability.

Even with a slight dip in demand, the market has maintained a balanced outlook. While asking prices have shown an increase across the Balearics (according to data provided by Idealista), actual sales prices here at Prestige Properties Ibiza have demonstrated a decrease compared to the previous year, as evidenced by municipality prices per square metre where 4 out of 5 municipalities have experienced a decline. This suggests a potential adjustment in asking prices in the upcoming year to align with market trends observed in 2023. However, overall the Ibiza real estate sector remains robust and adaptable. Looking ahead, let’s take a closer look at our 2023 Ibiza real estate market report and predictions for 2024. Please note that this report uses internal and external data to present information on the property market in Ibiza and the Balearic Islands for 2023, along with its projected forecast for 2024.

The analysis covers the following three topics of discussion:

The Balearic Islands’ Housing Market Report for 2023
The Ibiza Luxury Housing Market Report 2023 by Prestige Properties
Predicted Forecast for 2024 by Prestige Properties Ibiza

1) The General Balearic Islands’ Housing Market Summary of 2023

The Balearic Islands have shown impressive resilience over time, as depicted in the graph below. Despite experiencing slight declines in buying / selling and property prices in 2023, the consistent pattern of rebounding after each crisis offers reassurance for long-term investors. This trend underscores the Balearics’ reputation as a secure and enduring investment destination, with the market consistently surpassing pre-crisis levels over the past decade.

2) The Ibiza Luxury Housing Market Report 2023 by Prestige Properties

As anticipated towards the end of 2022, the beginning of 2023 saw a decrease in sales, primarily due to the prevailing global economic sentiment of stagnation and a limited availability of sellers in the market.

As we can see from the graph above, the sales volumes over the past five years seem to mirror broader global economic trends: a decline in the pre-COVID years, followed by a significant surge in the post-COVID years of 2021 and 2022, and now a slight downturn. It remains to be seen whether the 2023 downturn will stabilise or if it will lead to a prolonged downward trend, or whether it is just a short-lived dip. Monitoring the market closely will provide clarity on its trajectory moving forward, but nevertheless, in comparison to 2018, the past year still has a 36% increase in sales volume. Even with a dip in sales volume over 2023, the average asking price per m2 across the whole of Spain, the Balearic Islands and Ibiza has demonstrated a steady increase.

The graph above illustrates an overall significant price increase in Spain, the Balearic Islands, and Ibiza from 2022 to 2023. However, it’s essential to clarify that these prices are based solely on advertised asking prices from the national Idealista property platform, not actual sales prices. For real sales price development in Ibiza, please refer to the graph further down in the report.

The two graphs above illustrate a slight decrease in sales inquiries (demand) alongside a significant increase in the number of properties listed for sale (supply). This indicates a gradual transition from a low supply/high demand market in 2022 to a higher supply/lower demand scenario. Despite this shift, we are still currently in a sellers’ market. The developments in the coming year will determine whether a shift towards a buyers’ market is occurring, if this trend will stabilise, or if it is merely a temporary dip. Although the 2023 data suggests the beginning of a new trend, the next two years will be pivotal in providing more insight and certainty. Monitoring and understanding the market during this period will be crucial in determining whether this shift is permanent or temporary.

Average Price per Square Metre per Municipality in Ibiza in 2023

As mentioned earlier, the change in the balance between supply and demand signals a shift in the market. Furthermore, there has been a decrease in the average price per square metre on the island, indicating a move away from a seller’s market. These figures differ from those presented by Idealista, which primarily focused on asking prices. In essence, property owners may need to reconsider their price expectations. However, this could also present an opportune moment for them to sell their property and capitalise on the evolving market conditions, potentially transitioning towards a buyer’s market.

In general, even with a decrease year-on-year we still can see an overall increase of 17% within a 5 year period (2018-2023). We have noticed a dramatic increase in demand for the municipality of San Antonio, where the average price per square metre has increased over the last few years, although it remains the most affordable municipality on the island, with many rewarding opportunities for buyers.

Eivissa (Ibiza Town) – Average Price & Price per m2 in 2023

Ibiza Town accounted for around 13.4% of our sales volume in 2023. Although the capital’s average price per square metre of 6.268,97 € was slightly lower than in 2021 and 2022, it was still significantly higher than five years ago (20% higher). The most important type of property in the capital was the apartment. In 2023, the average size of an apartment was 73 m2. The houses sold by Prestige Properties in Eivissa in 2023 had an average size of 456 m2 and an average price per m2 of 5,498€.

Sales Volume: 13,41 %

Average Price: 919.700,00 €

Average Price/m2: 6.268,97 €

Average Property Size: 149,75 m2

Typical Property Types: Apartment and House

Municipality	Avg. Sales Price	Avg. PRICE X M2
Eivissa	919.700,00 €	6.268,97 €
Apartment	532.100,00 €	6.526,10 €
House	2.082.500,00 €	5.497,59 €

San José – Average Price & Price per m2 in 2023

As in previous years, San José is the municipality with the greatest interest and volume of sales, high in demand among affluent luxury second-home buyers. It is one of the few municipalities where the average price per square metre is still increasing, even slightly higher than in 2022, with an average of 8023.74 € per square metre. This area accounts for 41.62% of the Prestige Properties’ sales volume in 2023. In addition, it has the greatest mix of properties sold on the island. With apartments, houses and modern villas being the most prominent.

Sales Volume: 41,62%

Average Price: 1.869.230,77 €

Average Price/m2: 8.023,74 €

Average Property Size: 246,62 m2

Typical Property Types: Apartment, Finca, House, Modern Villa, Plot with licence

Municipality	Avg. Sales Price	Avg. PRICE X M2
San Jose	1.869.230,77 €	8.023,74 €
Apartment	466.250,00 €	5.394,53 €
Finca	2.750.000,00 €	13.033,18 €
House	2.227.500,00 €	11.275,61 €
Modern Villa	3.058.333,33 €	6.913,14 €
Plot with licence	1.600.000,00 €	3.855,42 €

Santa Eulalia – Average Price & Price per m2 in 2023

In 2023, the average price per square metre in Santa Eulalia was €6,293 . This price is 23% lower than last year (2022: 8.185 €). However, even with this drop, Santa Eulalia has seen an average of 1.7% increase in its price per square metre since 2018, returning to stable pre-covid and pre-boom levels. Santa Eulalia accounted for almost 30% of our total sales volume in 2023, placing it at second place after San José.

Sales Volume: 29,78%

Average Price: 2.173.350,00 €

Average Price/m2: 6.293, 28 €

Average Property Size: 297,63 m2

Typical Property Types: Apartment, House, Modern Villa

Municipality	Avg. Sales Price	Avg. PRICE X M2
Santa Eulalia	2.173.350,00 €	6.293,28 €
Apartment	824.200,00 €	4.562,94 €
House	995.000,00 €	3.934,89 €
Modern Villa	6.000.000,00 €	9.803,92 €

San Antonio – Average Price & Price per m2 in 2023

At Prestige Properties we have seen the interest in the municipality of San Antonio grow over the years. It is still the most affordable municipality in Ibiza, with many rewarding buyer opportunities. While in 2018, Prestige Properties sold no properties here, in 2023 it represented 9.21% of our sales volume. The average price per square metre is €5,202 which represents a 20% increase from 2019 figures.

Sales Volume: 9,21%

Average Price: 767.928 €

Average Price/m2: 5.202 €

Average Property Size: 137,57 m2

Typical Property Types: Apartment, House

Municipality	Avg. Sales Price	Avg. PRICE X M2
San Antonio	767.928,57 €	5.202,92 €
Apartment	455.100,00 €	4.207,89 €
House	1.550.000,00 €	7.690,48 €

San Juan – Average Price & Price per m2 in 2023

In the municipality of San Juan, the average price per square metre is €10,472, the highest on the island and one of the few municipalities where the price per square metre has been rising steadily over the years. The average price/m2 in San Juan has seen a staggering 42% increase since 2018. It should be noted that properties in the north are scarce. Typical properties in the north are houses with large plots and protected land, with few neighbours, which is one of the reasons for the high prices. The municipality of San Juan accounted for around 6% of our total sales volume in 2023.

Sales Volume: 6%

Average Price: 1.625.000,00 €

Average Price/m2: 10.472 €

Average Property Size: 137,57m2

Typical Property Types: House, Finca

Average Sales Price of each Property Type in Ibiza

Avg. Price
Property Type	2018	2019	2020	2021	2022	2023
Apartment	344.250 €	608.333 €	427.500 €	628.755 €	589.778 €	559.468 €
Finca	1.500.000 €	2.950.000 €	ND	3.153.000 €	2.915.714 €	2.750.000 €
House	1.558.809 €	1.712.647 €	1.650.596 €	2.323.569 €	1.555.384 €	1.784.583 €
Modern Villa	5.400.000 €	2.200.000 €	3.841.666 €	2.970.000 €	4.683.750 €	3.793.750 €
Plot with licence	ND	ND	800.000 €	445.000 €	1.425.000 €	3.850.000 €
Plot without licence	570.000 €	1.100.000 €	ND	871.666 €	ND	ND
Avg. Price	1.342.468 €	1.616.956 €	1.793.291 €	1.979.464€	1.474.321 €	1.517.628 €

Deep Dive: Average Sales Prices of Properties that are "as new" vs "to renovate"

In 2023, Prestige Properties sold more new properties than those slated for renovation. Naturally, renovated properties typically command lower average selling prices; however, the difference per square metre between new and renovated properties is modest.

New properties are scarce in Ibiza due to limited space, stringent building regulations, and laws limiting new construction on the island. Consequently, Ibiza is appealing to buyers and investors seeking properties to renovate and resell.

Deep Dive: Reasons for Buying a Property in Ibiza

Ibiza has consistently proven itself as an exceptional investment destination, drawing interest from numerous international investors in recent years. The predominant choice among these investors has been acquiring second homes, either for leisurely holidays or as a respite from the chilly northern winters. In the year of 2023, this trend persisted, with an overwhelming majority—nearly 75%—of our clients opting for properties earmarked as their secondary (holiday) residences.

A noteworthy 14.7% of investors have strategically chosen properties for pure investment purposes, underlining the island’s allure for those seeking financial returns. Equally compelling is the fact that approximately 12% of Prestige’s clientele has chosen to invest in their primary homes, reflecting a genuine commitment to relocating, residing, and engaging in year-round endeavours within the vibrant and captivating landscape of Ibiza. The diverse preferences of our clients continue to underscore the island’s multifaceted appeal and enduring investment potential.

Deep Dive: International Interest and Percentage of Nationalities Buying in Ibiza

Ibiza attracts a diverse mix of cultures, with a significant portion of buyers hailing from European backgrounds. While the United Kingdom has traditionally been a major source, the event of Brexit saw a sharp decline in UK buyers during a period of time, however, in 2023 we see the UK buyers reclaiming their traditionally strong market share in Ibiza’s international clientele, comprising 24.4% of our buyers. However, we have also seen a shift in spending amongst UK buyers, with an increased preference for apartments as opposed to larger properties. This is reflected in the fact that UK buyers represented only 15.05% of our total sales volume.

There has been a notable increase in Spanish and Italian buyers in recent years, signalling a changing dynamic. Spanish nationals emerged as the second-largest group of buyers in 2023, accounting for 19.03% of the annual sales volume across houses, apartments, and plots with licences.

Belgian buyers, constituting 9.8% of our clientele, demonstrated the highest average spending in 2023. This discerning group contributed 18.65% of the total sales volume, showing a preference for larger properties intended as second homes. The evolving demographics of our buyers underscore the broad appeal of Ibiza and the diverse preferences shaping their investment decisions.

Deep Dive: Popular Ibiza Municipalities by Buyer’s Nationalities

In 2023, San José emerged as the top performer in terms of sales volume, accounting for 41.62% of total sales. This area has become a magnet for people of various nationalities. At Prestige, we’ve observed that it’s the most sought-after location on the island, particularly drawing the interest of investors. Meanwhile, San Antonio’s popularity has been steadily increasing over the years. Similar to 2022, in 2023, the majority of buyers were from the UK. San Antonio has become a favoured destination for UK nationals, particularly those who enjoy spending their summer vacations in Ibiza.

Deep Dive: Prestige’s Top-Selling Locations of the Year 2023

Based on the Sales Transaction Volume, the top-selling municipality in 2023 was San José, followed by Santa Eulalia and Eivissa (Ibiza Town). Considering the actual number of properties sold in each municipality, the order changes to San José (31%), Ibiza Town (24%), Santa Eulalia (19%), San Antonio (17%) and San Juan (8%).

Long-Term Rental Interest: an indicator for potential buyers

Amidst limited availability and heightened demand for long-term rental properties, Ibiza persists as a lucrative investment destination for clients pursuing buy-to-let opportunities. Furthermore, for people interested in living here all year round or relocating to Ibiza, buying a property will be more attractive and, with the right budget, easier to find than a suitable long-term rental property.

High Demand vs. increasing supply – is the market changing?

In contrast to previous years, where there was a decline in property supply, Prestige Properties has seen a significant shift in supply dynamics in 2023. The number of new properties listed with Prestige Properties increased notably by 38% compared to 2022. This trend is expected to continue into 2024, indicating a growing trend among sellers to take advantage of favourable market conditions. Amid increasing financial uncertainty and a slight decrease in sales prices, sellers are encouraged to consider selling their property now to capitalise on the current high price levels. At the same time, for prospective buyers, the expanding supply of properties offers a wider range of options to choose from, making the Ibiza real estate market more attractive.

Conclusion: The Luxury Real Estate Market Ibiza 2023

Amidst global challenges, geo-political developments and financial uncertainty, the Ibiza luxury housing market is still flourishing. As one of Europe’s most popular holiday destinations, there is a high level of interest in investing in a property here. It is well known that the Balearic Islands have a very stable real estate market with the tendency to increase prices and rebound even stronger after a global economic crisis.

We can also see that the trend continues, and Ibiza’s average price per square metre is still higher than the overall price per square metre of the Balearic Islands or the Spanish mainland.. Furthermore, the property supply is gradually increasing again, leaving the impression that the market might shift from a buyer’s to a seller’s market in the future.

3) Prestige Properties 2024 Predicted Forecast

As we cast our gaze toward 2024, the landscape of Ibiza’s real estate market points towards a potential shift to a buyer’s market, but a confirmation remains elusive due to incomplete data. The uncertainty is further fueled by geopolitical circumstances and financial insecurities, which may influence property purchases in the coming year.

Sales in the Ibiza real estate market for the year 2024 are anticipated to stabilise, with an observable increase in the number of properties available on the market. This trend may persist, leading to a greater inventory of properties in the following year. Despite this, the current market conditions suggest that it remains a favourable time to sell properties in Ibiza, as prices are currently high. However, the trajectory of future prices is still uncertain, and whether they will stabilise or experience a decline cannot be confirmed yet.

Historically, Ibiza’s real estate market has exhibited resilience, with prices recovering and often surpassing previous levels after experiencing a drop. This characteristic makes the market in Ibiza intriguing for long-term investors who may view potential downturns as opportunities for future gains.

For those considering buying property in Ibiza, the island’s real estate market has demonstrated its ability to bounce back after crises, distinguishing itself from mainland Spain and other real estate markets. Ibiza’s multicultural environment, coupled with a high demand for luxury properties and holiday homes, further enhances its attractiveness for both sellers and buyers.

It is currently a favourable time to sell due to high prices, and potential buyers may find opportunities, given the increase in available property, the historical resilience of the market and the island’s unique appeal.

To navigate this dynamic market successfully, staying informed with real-time updates, seeking guidance from local experts, and considering global economic conditions are essential practices. As the journey into 2024 unfolds, the Ibiza real estate market beckons with both challenges and prospects for those ready to explore its intricacies.

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

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

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

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

Selling Property in Ibiza and Home Evaluation

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

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

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

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

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

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

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

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

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

The legal requirements for selling your home in Ibiza and the documentation you need

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

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

Ideally, you will have:

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

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

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

Getting a Realistic and Fair Evaluation for Your Ibiza Property

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

Are you ready to sell your Ibiza property?

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

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

Exclusive Homes and Villas for Sale near the Most Popular Beaches in the South of Ibiza

There is much to love about Ibiza, not just for its trendy tourism, cosmopolitan lifestyle, A-list hotspots, amazing restaurants, and beach clubs – but also due to its spectacular beaches and natural surroundings. It’s really no wonder that the real estate market and popularity of buying second homes on this Balearic Island, especially in the luxury housing sector, has skyrocketed in the past decade as Ibiza becomes one of Europe’s top destinations.

Having your dream home or villa in one of the island’s most sought-after areas and coveted locations could not be more appealing. We invite you to explore our premium locations and exclusive homes and villas for sale near some of the best beaches in the south of Ibiza –– read on to discover what’s on offer.

What are the prime locations to buy a property near the beach in the south of Ibiza?

Most people associate the south of the island with its vibrant Mediterranean culture and luxury lifestyle. The area is home to a stunning coastline, exciting nightlife, a vibrant capital, VIP celebrity hotspots, and Ibiza’s most extravagant port. So, what are some of the top prime locations to consider buying an exclusive home or villa near the beach in the south of Ibiza?

Properties for Sale in Marina Botafoch and Ibiza Town near the Southern beaches, Talamanca and Es Figueretas.

Living in the city centre, old town (Dalt Vila), its extension or in the Marina Botafoch and Paseo Maritimo area offers nothing less than being in the centre of it all with close proximity to some of the area’s best beaches, socialite spots and, of course, the airport. This area tends to attract buyers of all kinds –– particularly those who appreciate historical architecture and life in the centre of the city’s vibrant culture, especially during the height of summer.

Living in Ibiza - Marina Botafoch and Talamanca aerial view

Areas such as Marina Botafoch and the Old Town (Dalt Vila) are very popular but pricey, which tend to suit a higher-profile and cosmopolitan clientele, particularly second-home buyers and investors. Specifically, Marina Botafoch has become a highly sought-after socialite hotspot with an international nightlife scene and some of Ibiza’s most luxurious apartment buildings right in front of the island’s main Marina Port. Close to here is where you will also find residential communities like Vista Alegre, which is home to the most spectacular newly built villas on the island, designed by world-renowned architects.

Ibiza Town’s and Marina Botafoch’s closest beaches are Talamanca and Ses Figueretes. Here, you get the best of both worlds: living close to the trendy city, the marina, beach life, and a family-friendly young community.

Talamanca offers several contemporary Mediterranean villas and new apartments, while Figueretas caters more to young couples and families seeking more reasonably priced vacation homes.

Read our recent blog here for more on buying a property in the area of Ibiza Town

Properties for Sale near the south’s best beaches in the area of Jesús, Ibiza

Jesús offers an undeniably chic and cosmopolitan lifestyle in a convenient and refined island setting. Despite being in the municipality of Santa Eulària des Riu, the village is close to Eivissa, the main town, and the airport as the popular beach of Talamanca as well as the numerous tourist hotspots of Marina Botafoch, Destino, and Pacha. Jesús is an excellent location due to its direct access to several island destinations, a chic village and a sophisticated lifestyle. The properties available to buy and rent tend to be exclusive, modern, contemporary villas in the surrounding countryside or private urbanisations. This naturally offers its residents and visitors plenty of upscale living.

Jesús is conveniently located near all the best beach hotspots previously mentioned, and both Talamanca and Es Figueretas in the Ibiza Town and Marina Botafoch area.
For more on the area, visit our blog life in Jesús.

Properties for Sale near the south’s best beaches in Ibiza – Ses Salines, Es Cavellet and Cala Jondal

The most popular area in the south for second-home international buyers to invest is undoubtedly Ses Salines, Es Cavellet and Cala Jondal. These up-market locations all offer easy access to the unspoiled countryside, Ibiza Town, and the island’s most popular beaches, as well as fashionable bars and restaurants frequented by A-list celebrities like Sa Trinxa and El Chiringuito, the famous Blue Marlin Ibiza Beach Club. These southern Ibiza spots are considered the finest and most attractive places for lifestyle vacationers to enjoy exclusive VIP status.

Las Salinas (Ses Salines) - buy a property in Sant Josep

There are only a few villas present in Cala Jondal, Es Cavellet and Ses Salines, so finding a property for sale here is a rare commodity. Despite its low supply, this spot in the south is always in high demand – with a demand for spectacular cliff top villas and modern architecture. Those who find a home in these areas are incredibly lucky to reside in an unbeatable up-market and affluent area.

Ibiza’s most popular tourist resort, Playa d’en Bossa is also one of the best beaches in the south, with its long sandy beach (3km!) and many fashionable beach clubs aimed at young and affluent guests. Although Playa d’en Bossa is primarily considered a summer destination, local residents often visit and reside in the area and is deemed a prime location for those looking to buy an exclusive home or villa near the beach in the south of Ibiza.

Villas for Sale near the Best Beaches in the South of Ibiza, Es Cubells

Es Cubells is one of Ibiza’s smallest villages. Besides its white Ibicencan church, which is beautifully located on the edge of the cliff, there are only a couple of local bars making up the entirety. Located at the foot of striking cliffs typical of this area are three little coves separated by rock formations. The pebbled beaches and crystal waters entice one to bathe among the rocky sea bottoms where divers can discover countless interesting corners. Es Cubells’ cliffs are renowned among hikers and nature lovers for its spectacular views from the top.

Es Cubells offers miraculously peaceful and unparalleled surroundings combined with the most authentic local fishermen beaches and coves like Ses Boques, Cala Llentrisca, Es Torrent, Porroig, and Cala d’Hort Natural Park. Buying a property near the beach in Es Cubells is hard to come by –– but when found they tend to offer expansive landscapes and grounds with sweeping, south-facing sea views.

For more on the area, visit our blogs, buying a property in San José.

Let’s Help you Find your Perfect Property for Sale near the Beach in the South of Ibiza

Let’s talk about finding the right investment property for you. We’d love to hear from you!

Whenever you see a property that meets your needs, we strongly recommend you contact us. Investing in Ibiza is a great option, and demand is almost always higher than supply, so properties often sell quickly –– especially for exclusive homes and villas for sale near the beach in the south of Ibiza.

Take advantage of the opportunity to make an appointment to visit any of our properties mentioned above or others we currently have on the market with us today. We also offer virtual tours upon request.

The Costs of Owning a Property in Ibiza

Buying a dream home in Ibiza is one of the most exciting things you can do. However, buying and owning a property in Ibiza comes with upfront and ongoing costs that all potential and active buyers must be aware of before signing on the dotted line.

It is crucial to consider the upfront costs associated with buying a property, such as the down payment, closing costs, and fees, but mostly forgotten are the ongoing costs, such as maintenance, taxes, insurance, and utilities, that will inevitably occur. A clear understanding of the costs of purchasing a home in Ibiza will help you determine if you are happy with the annual outlay.

You can find our How to Buy a Property in Ibiza guide on our website; written with our buyers in mind and covering all those essential costs to consider when buying a property in Ibiza. But, in the meantime, let’s be clear about the ongoing costs of owning a property in Ibiza, so you know what to expect, once you call Ibiza your home.

Costs of Buying and Owning Property in Ibiza - Prestige Properties

The costs associated with Owning a Property in Ibiza

Multiple tax implications are associated with the cost of owning a property in Ibiza, Spain. To own a home in Ibiza, you must consider all tax implications -– so here’s a quick overview that will help you understand these costs.

Understanding Property Taxes in Ibiza for Homeowners

Your IBI (Property Tax)

The IBI (Impuesto sobre Bienes Inmuebles) is a real estate municipal tax on properties in Spain that must be paid each year by property owners in Ibiza – regardless of whether you’re a resident or not.

To figure the amount, the town hall assigns a value to your property known as the cadastral value. This value will be taxed at the same rate approved by each town hall within the specific municipality.

While IBI is charged as a percentage, the tax bill depends on the property’s cadastral value. This rateable value, in turn, is determined by a number of factors, which include the property’s:

Size and location
Construction costs
Title and lease details
Age and condition
Land characteristics
Proximity to public infrastructure

Using this information, the local town hall compiles a report assessing the property’s rateable value and assigning a taxable "valor catastral" to each property in their area. These records are kept by the cadastral registry (which is different from the land registry office).

When purchasing or interested in a specific property, the best advice is to ask your real estate agent for the most recent IBI bill of that property which will show the exact amount applicable for this specific property.

Your Basuras (Waste Collection Tax)

A local charge needs to be paid at the town hall where your property is located for rubbish removal. Each town hall determines the amount due, which varies from place to place. It is imperative to note that it is still necessary to pay for a property even if it is not occupied during the off-season. The town hall has the right to take legal action if payment is not made within a certain period of time.

Typically, the waste collection cost when owning a property in Ibiza is around 90 euros annually.

An Overview of Maintenance Costs when Owning a Property in Ibiza

General Maintenance Costs

All the additional services designed to maintain the property’s general condition and upkeep are included in the General Maintenance bracket. Property owners should expect annual costs of 1-2% of their property value to keep their houses healthy, fully maintained and stable.

These services may cover anything from basic repairs and house maintenance, home improvements, property management services, pest control, security checks, cleaning, gardening and pool maintenance. These include annual agreements, monthly advanced services, and one-off payments for individual services.

Although these extra costs of owning a property in Ibiza may not feel necessary, the overall investment will ensure that the property’s value moves in line with the Ibiza property market trend (up!).

Home Improvements and Renovation Costs when Owning a Home in Ibiza

Property owners who rent their property will have higher maintenance costs, as rentals often require additional services and rental support which tend to arise from more wear-and-tear than non-rental properties. This may mean a higher budget for general yearly maintenance service is needed –– as well as regular home improvements and renovations to keep your home modern and up-to-date.

The purpose of home improvements is not only to enhance the living experience but also to increase the market value of the property and its rental potential. Landscape projects, energy solutions (e.g. solar panels), better water systems, interior improvements, carpentry, ventilation and construction are all great examples of these services and projects that may be noteworthy costs of owning a property in Ibiza.

Larger Renovation Projects

In Ibiza, renovating a property can be a very rewarding experience, allowing you to create your dream home. It is also possible to reap impressive returns from a renovation project if planning and renovation are done properly – although there will be upfront and ongoing costs involved.

Check out our guide on Renovating a Property in Ibiza – Everything You Need to Know if you’re thinking of buying or renovating a house in Ibiza!

Costs of with selling a property in Ibiza

Just as there are costs associated with the buying process, there are also costs associated with selling your property. Please check out our Seller’s Guide, which will walk you through all the relevant and associated costs when selling your property in Ibiza.

If you have further questions about the costs of owning a property in Ibiza, why not chat with one of our agents? They can also assist you in finding a suitable property investment or help you list your house on the Ibiza market.

We would love to hear from you!

A Guide to the Area and Exclusive Properties for Sale in Santa Eulalia del Río (Santa Eulària des Riu)

The Southeast of Santa Eulalia del Río

Exploring Jesús, Ibiza in Depth

Cap Martinet: A Jewel of Jesús

Can Pep Simó: A Harmony of Modernity and Nature

Can Rimbau: Ibiza’s Beverly Hills

Can Furnet: Secure and Scenic

Roca Llisa: Golf and Coastal Luxury

Cala Llonga: Family-Friendly Charm

Santa Eulalia Town Centre and Siesta

Siesta, Santa Eulalia

The Northeast of Santa Eulalia

Countryside & Villages: San Carlos and Santa Gertrudis

San Carlos, Santa Eulalia

Santa Gertrudis, Ibiza

Considering buying a villa in Santa Eulalia del Río?

In need of a Holiday Rentals Villa whilst visiting to view properties?

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

Why Visit Ibiza in Autumn?

Best Things to Do in Ibiza in Autumn

Explore Ibiza’s Scenic Hiking Trails

Outdoor Sports and Activities

Experience Ibiza’s Mercadillos (Markets)

Discover Ibiza’s Historical Sites

Enjoy Ibiza’s Year-Round Restaurants

Relax and Rejuvenate

Planning Your Autumn Getaway to Ibiza

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

An Overview of Decree-Law 3/2024

What Cannot Be Legalised?

Expropriation, Cession, or Demolition Zones:

Public Domain Properties:

Road Protection Zones:

Coastal Servitude Zones:

Tourism-Related Properties:

Properties Requiring General Interest Declarations:

What Can Be Legalised

Natural Spaces Law (LEN) Zones:

Protected Rustic Land:

Common Rustic Land:

Cultural Heritage Sites:

The Process of Legalising Your Property

Request an Extraordinary Legalisation Licence:

Submit a Technical Legalisation Project:

Adhere to Legislation Deadlines:

Tax Reductions and Financial Considerations:

Navigating the Legalisation Process

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

The Natural Park & Salt Flats: A Sanctuary of Biodiversity

The Beaches: Las Salinas & Es Cavallet

Las Salinas Beach

Es Cavallet Beach

The A-List VIP & Celebrity Attraction

The Restaurants, Beach Clubs, and Hot Spots of Las Salinas

Cultural Spots in Las Salinas

Property in Las Salinas, Ibiza

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Don’t Miss Out on Our Top Exclusive Villas for Discerning Buyers

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Life and Buying a Property in San José Villages, Ibiza

San José Village

Sant Agustí & Benimussa, Ibiza

Es Cubells, Ibiza

Life and Properties for Sale in the South of San José, Ibiza

Life and Properties to Buy in the West of San José, Ibiza

Buying a Property in San San José with us at Prestige Properties

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

1) The General Balearic Islands’ Housing Market Summary of 2023

2) The Ibiza Luxury Housing Market Report 2023 by Prestige Properties

Average Price per Square Metre per Municipality in Ibiza in 2023

Eivissa (Ibiza Town) – Average Price & Price per m2 in 2023

San José – Average Price & Price per m2 in 2023

Santa Eulalia – Average Price & Price per m2 in 2023

San Antonio – Average Price & Price per m2 in 2023

San Juan – Average Price & Price per m2 in 2023

Average Sales Price of each Property Type in Ibiza

Deep Dive: Average Sales Prices of Properties that are "as new" vs "to renovate"

Deep Dive: Reasons for Buying a Property in Ibiza

Deep Dive: International Interest and Percentage of Nationalities Buying in Ibiza

Deep Dive: Popular Ibiza Municipalities by Buyer’s Nationalities

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!

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!

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!

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!

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!