Top investment opportunities and villas in San José, Ibiza
Whether you wish to call Ibiza your home or are interested in purchasing an exclusive property for investment purposes, you can rely on us, the island’s leading real estate agency, Prestige Properties Ibiza.
Our portfolio inspires buyers with luxury, modern architecture and interiors, stunning swimming pools, exclusive sea and countryside views, penthouse apartments, and plenty of investment opportunities.
This month’s blog will introduce you to a range of villas available in San José. San José (Sant Josep de sa Talaia), located in the south-west of Ibiza, is known for its natural beauty and international community of residents. Those interested in purchasing a home here will be pleasantly surprised – an ideal location for investing in a perfect ‘opportunity’ property.
We invite you to look at our top three picks that might be just what you are looking for…
Top investment properties in San José, Ibiza
Villa Elegant San Agustin
In addition to its privileged location, Villa Elegant San Agustin boasts an elegant contemporary design with four bedrooms and three bathrooms. This villa is located near some of the island’s most famous beaches, near San Agustin, within walking distance of the charming village of San José – and comes complete witha final tourist rental licence, which makes it an ideal investment property.
This quiet residential community home features a master suite with an en-suite bathroom (with two sinks and a bathtub), three other bedrooms with twin beds, and two bathrooms, one of which is en-suite; the other two belong to the family bathroom.
This home’s spacious open-plan living and dining room extends outside to a lovely covered terrace with garden and swimming pool views – perfect for al fresco dining and relaxing on sunny island days. The superior house features a minimalist design with pure white walls adorned with rich organic materials, reflecting and complementing its natural surroundings.
On the rooftop terrace, two wraparound sofas, coffee tables and polished floors overlook the inviting swimming pool below. Exotic palms and mature trees also shade a sumptuously furnished sun terrace. In addition to breathtaking hills and green countryside views, this upper level also offers a glimpse of Ibiza’s legendary western sunsets.
Ibiza tourist rental licences are becoming increasingly difficult to obtain. Laws have become stricter, and processes can take a long time. It is often considered a golden opportunity to find a property that has already been licensed and is ready to rent out. You can read more on obtaining a tourist license in Ibiza here.
Villa Campo Cala Conta
This property is ideal for investors or people looking to live in Ibiza all year round since it offers the possibility to add their own touch to the property, especially since it has all the paperwork in order, and obtaining a license to renovate will not be difficult for this property.
Located near amenities and with distant sea views, Villa Campo Cala Conta is a charming 4-bedroom villa near Cala Tarida and Cala Conta beaches. There is a living room and dining area overlooking the swimming pool on the ground floor, a kitchen with a separate entrance, and 2 bedrooms with ensuite bathrooms. The third bedroom with an ensuite bathroom can be found in the annexe, only a few metres from the main house’s entrance.
A fourth bedroom is located on the upper floor of this property, complete with an ensuite bathroom and access to its own private terrace, which provides distant sea views on a clear day.
Outside is a 60m2 swimming pool and superb gardens with mature plants.
In addition, there is further access to a large rooftop terrace with beautiful views towards Cala Conta and San Antonio, which offers fabulous sunsets in summer.
Lastly, in the basement, under the terrace, we have a garage and ample space to use as additional storage. Don’t miss this opportunity to purchase a home where everything is in place to obtain all necessary licences without a headache, a rarity in Ibiza.
Proyecto con Licencia San Agustin
Proyecto con Licencia San Agustin has recently received planning permission for a rustic Mediterranean-style detached house with a private swimming pool. This 15.153 m2 plot is located in a quiet residential area in the west of Ibiza; just a few minutes’ walk from the beach and restaurants.
The house is divided into two floors and an additional basement. Three double bedrooms and three bathrooms are on the first floor, along with a separate kitchen and dining area. A central courtyard faces south and is the centre of life in the house, which can serve as extra living space, combining indoors and outdoors during summer. There are many outdoor terraces, some with pergolas or solid roofs, plus a 24 m2 swimming pool. On the upper floor is the master bedroom, with a dressing room, private bathroom with bathtub and private terrace.
The construction project is ideally suited to those who want to determine their own style and quality requirements from the outset, which can serve as a holiday home and a house for year-round use.
When you buy a project with a building licence, you can define all finishes precisely to your liking. By having a licence ready, you don’t have to wait the usual 2 years + until you get one authorised, meaning construction can start immediately. With this particular house, after the investment in construction, you will have a finished house that costs ca. 2.100.000 € which is likely to sell for around 2.800.000€ (with the right finishes) if placed straight back on the market – so it’s an excellent investment opportunity all around.
Buying a property in Ibiza
When the right investment opportunity property that suits your requirements becomes available, you’re ready to start the process as quickly as possible. There are often some great investment opportunities here. But as the demand is almost always higher than the supply, if the perfect investment property still needs to be added to the market, then actively registering yourself with the right agent as early as possible comes highly recommended.
Are you looking to buy a property here in Ibiza?
Let’s chat with one of our agents to help you find a suitable property investment. We would love to hear from you!
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Everything you need to know about relocating to Ibiza (Spain) post Brexit
Many of our UK clients who wish to buy property in Ibiza often have questions about the island’s logistics and how to invest for long-term relocation. Therefore, it would be worth writing this short article to provide you, as a UK citizen, with everything you need to know about buying a property and moving to Ibiza post-Brexit.
Read on to find out more information on relocating and living in Ibiza, including guidance on residency, working, and buying your dream home on the magical white island.
Residency for living in Ibiza after Brexit
As of January 1, 2021, UK citizens are subject to the same Spanish immigration rules as residents of non-EU countries, such as Russia, China, and the United States. Therefore, UK citizens who wish to live permanently or for an extended period in Spain must maintain legal residency status or a long-term visa.
A foreigner identity card, known as Tarjeta de Identidad de Extranjero (TIE), must be obtained upon arrival to Spain, the Balearics, and Ibiza whilst completing a full residence or visa application. Your residency and TIE can be applied from the UK, but as you can imagine, this is a slightly more complex process. You can find out more about the residency application process in our final chapters below.
Visas for UK expats living in Ibiza, Spain
The Spanish government also offers several visas that allow longer stays in the country. Two of the most common visa types include:
The Non-Lucrative Visa
The Golden Visa
The Non-Lucrative Visa allows stays longer than three months for retirees or those who do not need to or wish to work in Spain. Applicants must show a bank balance of €34,000 for at least six months and a valid private healthcare plan. The visa is valid for one year and can be renewed for two more years.
Investors spending a minimum of €500,000 on a property are eligible for the Golden Visa program. The Golden Visa allows holders and their families to live in Spain and can become a permanent resident after five years or a Spanish citizens after ten years from the date the visa has been granted.
Working in Ibiza for UK citizens
Any non-European citizen who wishes to live and work in Spain for an extended period beyond the 90-day tourist visa must apply for residency or a work permit. By maintaining your residence in Spain, you will be able to take advantage of all the benefits of working here should you decide to do so on a permanent or extended basis.
As the Spanish government is welcoming new entrepreneurs into its country, if you have a solid business project you would like to set up in Spain, that could be a great way to qualify for a residency in the country. Recently, the Spanish government approved the first draft of a law with several immigration and tax advantages for startups and digital nomad visas. This law aims to promote the ecosystem by attracting emerging companies, talent and capital to develop innovative entrepreneurial activities in Spain.
Buying a property in Ibiza Spain post Brexit
There have been very few changes to buying a home in Spain, the Balearics, or Ibiza since Brexit. However, UK citizen rights have changed slightly.
Currently, the main difference depends on whether you are a non-EU resident living in Spain or visiting it. Should you wish to relocate permanently, there are routes for you to become a full-time resident or gain a visa, making it easier for you to purchase a home.
Any person who purchases, sells, or owns a property in Spain must know the applicable property taxes, regardless of whether they are residents or non-residents. Your title will also be added to the property’s register by a notary. Depending on the number of clauses, deeds, and property value, the notary fees can also vary significantly.
More information about the costs and fees involved with buying property in Ibiza can be found in our Buyer’s Guide.
How can I start the residency or visa process in Ibiza and get the right help to take the next step?
When you have completed your appointment at the national police office and submitted your required material for your special Brexit residence permit, you will need to wait until it is fully processed before collecting it (a second appointment is required). Due to the volume of applications for full residency in Ibiza, there is a long backlog. However, your TIE should arrive within a few weeks, allowing you to stay until your residency is completed.
To ensure a stress-free process, especially if you don’t speak Spanish, we strongly suggest you contact our trusted legal professionals. You can find out all about the various visas available, applying for residency, and immigration laws in Spain here!
How can I start the property search in Ibiza and get the right help to take the next step?
With the right mindset and assistance, anything is possible on this beautiful White Isle. Get the job done right by hiring an experienced and professional agent. It would be our pleasure to fulfil this role for you at Prestige Properties.
If you want to speak with an agent about the current market and investment opportunities, then contact us today! We would be happy to talk you through Ibiza’s Real Estate potential.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Looking to buy a Villa in San Antonio (Ibiza) in 2023?
San Antonio is the second largest city on the island of Ibiza, known for its beautiful beaches, magnificent sunsets, and vibrant nightlife. In this article, we’ll discover the areas surrounding this popular tourist destination, revealing the best areas to buy a property in the San Antonio, Ibiza municipality.
The history of San Antonio Ibiza, tourism and real estate rise
Until a few decades ago, San Antonio town was still a local fishing village dating back 2000 years. In the 1980s, many ex-pats, particularly from Britain, moved to San Antonio to experience the dreamy Mediterranean lifestyle. Eventually, the area became a leading holiday destination, increasing the value of local properties and villas.
As a result, San Antonio has become an increasingly popular residential area for islanders and ex-pats alike, creating a notable British culture. Recent years have seen the real estate market gain recognition for its exclusive property locations and incredible opportunities for luxury homes and penthouses at very reasonable prices compared to the rest of the island.
When considering a Villa in San Antonio de Portmany, it should be no surprise that this beautiful coastal town offers a wide range of local amenities and a community atmosphere. There will never be a dull moment for you.
Mambo Cafe, Cafe del Mar, Savannah, and Mint Lounge are some of the well-known music venues in town, yet the area is also home to an array of vibrant and popular restaurants and possibilities; some of our favourites are:
Cine Regio. San Antonio’s historical and extravagant local cinema
Aquarium Cap Blanc. A natural aquarium inside an underwater cave with typical Ibiza marine species
Debunking San Antonio’s bad reputation,
Unfortunately, San Antonio has acquired the reputation of being a hedonistic and low-budget tourist destination. However, the party scene represents just a small portion of the town’s soul; other noteworthy points of interest include:
Spectacular beaches and coves
A family-friendly atmosphere
Local Ibicencan culture and cuisine
The best island sunset
Proximity to Eivissa town and to the best clubs and chiringuitos on the island
The municipality of Sant Antoni de Portmany is guaranteed to leave a lasting impression and ultimately dispel any false notions about the area.
San Antonio, Ibiza: one of the most reasonably priced areas on the island
From some of the island’s best beaches to breathtaking sunsets and a vibrant, family-friendly atmosphere, San Antonio has so much to offer. Property prices in the island’s second-largest town remain relatively affordable, which is probably its best feature.
For example, San Antonio is one of the few areas where it is possible to buy a 3-bedroom house for €500k, or a 6-bedroom villa for €1.5M (to be renovated). While these prices can also be found in less popular neighbourhoods of Ibiza town and Santa Eularia, San Antonio offers the best deals.
properties and villas in San Antonio, Ibiza
The beaches of San Antonio, Ibiza
San Antonio’s beaches are a paradise of natural gems with white sand coves, coastal paths, glistening waters, and bewitching sunsets. Despite the difficulty in defining a top few, these three are certainly special:
Cala Gracio,
Cala Salada & Cala Saladeta,
Punta Galera.
All these spots are popular with visitors, so if you are considering purchasing a property in Ibiza for investment and touristic rentals, they are highly recommended.
Cala Salada & Cala Saladeta
From Villas in Cala Salada, you can gaze at sunsets and sea views surrounded by nature. The town offers waters perfect for snorkelling and swimming. Residents in Cala Salada love the natural and hidden beauty but appreciate the convenience of being close to town and nearby villages within minutes.
Via the rocky paths that lead down from Cala Salada, you can reach its smaller sister Cala Saladeta, an even more secluded cove with golden sand and crystal clear waters.
Aerial view of Cala Saladeta, Ibiza islands, Spain
Punta Galera
There is no other place on the island with a cliff edge that can offer such a picturesque beauty as Punta Galera. Beach lovers who love nature and appreciate fewer human gatherings will love this spot.
Cala Gracio
Imagine an area filled with pine-clad hills and landscape views. Now add white sand and pool-like waters. It’s no wonder that Cala Gració is so appealing that many people rent a vacation villa or buy a property here.
Countryside and Villages around San Antonio, Ibiza
Exclusive villas in San Antonio’s countryside and villages feature views of rural landscapes and fascinating sunsets. The municipality comprises three picturesque villages characterised by traditional white churches: Santa Agnes, San Mateo and San Rafel.
Santa Inés (Agnes), Ibiza
Santa Inés’ beauty is well-known among tourists and photographers in Ibiza. They merely visit the area to marvel at its fields and landscape.
With acres of almond trees and cliff top walks overlooking the Islets of Ses Margalides, Santa Inés is a true haven. Also, while other major sunset spots like Es Vedra are often packed, this place is incredibly secluded and often overlooked.
Last but not least, the almond trees bloom in February with pretty pink and white blossoms.
San Mateo’s nature and hiking
A small, picturesque village surrounded by almond trees, vineyards, and orchards: San Mateo is a beautiful place to seek a property for sale. The small village offers a calm and traditional atmosphere, perfect for nature lovers. From here, a steep rocky trail will lead you to Cala Aubarca (Cala d’Albarca), where many hikers travel to cross a stone bridge on the sea.
San Rafael, restaurants and pottery
San Rafael is a tiny but vibrant village with plenty of good restaurants to choose from, such as:
San Rafael is also known as an "Area of Artisan Interest.". This village is home to some of the best potters on the island.
In conclusion, there’s something for everyone in the municipality of San Antonio: some of the best nightlife and beaches on the island, tranquil and traditional villages, and spectacular rural landscapes.
Buying a villa in this area is a great investment with some of the lowest prices in Ibiza and properties of a diverse nature: ranging from modern contemporary architecture to traditional fincas, passing through luxury apartments with the best views.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Living in the municipality of Sant Antoni de Portmany (San Antonio Abad)
The Municipality of Sant Antoni de Portmany (aka San Antonio Abad or simply San Antonio) spans the West and North-West coasts of Ibiza and borders all four other municipalities on the island. The area occupies 126.80 km2 with an estimated population of 25,779 (of the total island population of 147,914).
In addition to its prominent tourism industry, Sant Antoni is known for its beautiful beaches, magnificent sunsets, vast countryside and vibrant nightlife. As well as being famous for tourism, Sant Antoni de Portmany has many other versatile and relatively less-known aspects. There are three beautiful rural villages with traditional white churches, Sant Agnes (Santa Inés), San Mateo, and San Rafael, and some of the island’s most secluded beaches.
The community, culture, and style of Sant Antoni de Portmany are incredibly diverse, with locals and international residents of all ages and lifestyles residing here throughout the year, including many ex-pats from the UK and Europe. Buying a property in San Antonio offers many opportunities for families, singles, couples, and retired clients. San Antonio provides many outstanding properties with various authentic charm, modern contemporary architecture, newly-built apartments, private communities and luxury lifestyle options.
Home buyers looking to buy a property in San Antonio can be typically sub-categorized into four distinctive areas; the Town, West Coast (Cala Salada, Cala Gracio, Punta Galera), North (Santa Inés and San Mateo) and the Interior (San Rafael, Buscastell, Benimussa).
Living in the town of Sant Antoni de Portmany (San Antonio, Ibiza)
Houses for sale in San Antonio appeal to a broad range of buyers and attract families, retirees, singles, young couples, and people who seek second homes for holidays and tourism. It is not uncommon for buyers looking for properties for sale in San Antonio to be attracted to the area’s proximity to local amenities, nearby beaches, restaurants, and cosmopolitan lifestyle with many restaurants, bars, beach clubs, accommodation, music, and superb sunsets.
The town alone has been central to the island’s tourism for more than 50 years. It powerfully entices many young visitors from all over Europe every year to experience Ibiza’s most iconic electronic house music and sunset venues. Mambo Cafe, Cafe del Mar, Savannah and Mint Lounge, strategically placed along or close to the main promenade known as Sunset Strip, are among its top hotspots. San Antonio’s West End also comes alive day and night where superclubs, such as Es Paradis, Eden, O Beach Ibiza and Ibiza Rocks Hotel, host world-class DJs and great pool parties.
Whilst San Antonio’s nightlife might sound a little overwhelming, July and August are the primary two months out of the year to be mindful of crowds. Otherwise, evenings spent strolling the promenade and enjoying the vibrant town outside of the ‘party scene’ are embraced by many different age groups, families and cultures during the rest of the year.
The main beach of San Antonio Town is located along the promenade. The 6km long central coast leads down to the Marina Port, ideally situated for those looking to buy or rent a villa (or apartment) in San Antonio town, where walking distance is essential. There is also easy access to the beach and Marina Port for families and those with disabilities. Here, the waters are settled and safe for young children, are filled with water sports and boating opportunities, and are conveniently just a stone’s throw away from anywhere local in the town. The town centre, of course, features supermarkets, typical local shops, fashion retail, beach essentials, pharmacies, souvenir shops, medical centres, hair and beauty salons, and almost every type of global cuisine imaginable.
Clients considering buying San Antonio villas and apartments for holiday rentals will find consistent revenue as these properties are always in high demand, especially during high season and within walking distance of the main sunset strip and town amenities. The town of San Antonio offers a wide selection of older Ibicencan-style homes with authentic charm, as well as brand new apartment builds and smaller detached homes at an affordable price (compared to other municipalities on the island).
Living in San Antonio West Coast, Ibiza
On the West Coast of San Antonio, houses for sale appeal primarily to retired couples, families, young couples, and lifestyle holiday home buyers and investors. Unlike those seeking property for sale in San Antonio town, this clientele group is drawn to coastal beauty and the awe of nature. A wide range of villas and properties can be found along the West Coast of San Antonio, close to the most popular yet secluded beaches. In contrast to San Antonio Town, properties for sale on San Antonio’s West Coast are situated in a more relaxed and authentic environment with outstanding sea views.
You can find stunning contemporary and exclusive modernised Mediterranean-style villas along the West Coast at Cala Salada, Cala Gracio, and Punta Galera (the area’s main beach hotspots) with direct access to unspoiled countryside, fishermen’s beaches, and the most famous sunsets in Ibiza.
Properties in Cala Salada & Cala Saladeta, Ibiza
Located just 10 minutes from San Antonio Town, Cala Salada is one of Ibiza’s most beautiful and regularly visited coves. Because the small cove is so beloved, San Antonio authorities have restricted parking access during the summer to keep crowds low and maintain its tranquillity. Cala Salada, while very close to San Antonio Town, offers unparalleled natural beauty and crystalline waters, perfect for diving, snorkelling, and swimming, which altogether feel worlds away from the bustling town. Cala Saladeta, an even more secluded cove, has golden sand and crystal clear waters that you can reach via the rocky paths that lead down from Cala Salada.
Villas in Cala Salada offer unparalleled opportunities to observe spectacular sunsets and enjoy uninterrupted sea views surrounded by nature. Homebuyers and residents in Cala Salada love the hidden beauty but appreciate the convenience of being close to town and nearby villages within minutes.
Punta Galera, Ibiza
Just north of Cala Salada lies the infamous smooth rock and several flat terraces of Punta Galera. There is no other place on the island with a staggering cliff edge that can offer such a serene and picturesque beauty. This rocky terrain is void of sand and amenities and is inaccessible by traffic or parking. This is the perfect spot for those who value nature and appreciate less human interaction on the beach. The water is at least two meters deep and mostly crystal clear. Just be ready to jump a little off the shore edge. The rocky terrain at Punta Galera is a peaceful and respected place where silence is upheld by all visitors, which is why many people practice yoga and meditation there.
Properties in Cala Gració, Ibiza
Cala Gració is another attractive and favoured beach cove close to San Antonio’s main town. The fine white sands and the natural pool-like waters are so appealing that many people elect to rent a vacation villa or buy a property there. The surrounding area is filled with pine-clad hills and enthralling landscape views. Next to Cala Gració main bay, is Cala Gracioneta. Cala Gracioneta is of typical Ibizan style, which is family-friendly with an incredibly chilled atmosphere and home to the renowned boho-chic Cala Gracioneta Chiringuito. The beach bar and restaurant, owned by the island’s famous Mambo Group, is the perfect spot to enjoy good quality Mediterranean cuisine and watch the surrounding beauty.
It is hard to find a property in Cala Gracio that doesn’t offer sweeping sunsets, sea views and the luxury of peace. All three spots here are extremely popular with visitors, year after year, so if you are considering purchasing a property in Ibiza for investment and touristic rentals, Cala Gracio, Cala Salada, and Punta Galera are highly recommended.
A property in the north of Sant Antoni, especially in Santa Ines (Santa Agnes de Corona) and San Mateo, offers an entirely different environment, community and style than the town or the west coast. The picturesque countryside of the San Antonio municipality boasts wide open, mountainous and vast landscapes, where clients can find high-profile and exclusive hillside villas and traditional finca farmhouses.
Santa Ines and San Mateo Property options include authentic and renovated contemporary farmhouses (Finca) and modern-style villas. Often, these idyllic homes offer stunning views of unspoiled countryside and fascinating sunset skies. In addition to being favourite buy-to-rent investment properties, Santa Ines and San Mateo properties are ideal for nature lovers.
Like many other agricultural and small village locations in Ibiza, villa rentals in Santa Ines and San Mateo are becoming increasingly popular. A villa vacation in the Ibiza countryside is a popular option for families, large groups, or unique events, primarily as they are located away from the crowds, from where it’s easy to access all the local hot spots, beaches, and amenities.
Properties in Santa Inés, Ibiza
Properties for sale in Santa Agnes are rare and are always in high demand. Located around the central white church of Santa Inés, the village is a unique land with only a few authentic houses. Its captivating beauty is well-known among tourists and photographers in Ibiza, who merely visit the area to marvel at its gardens. Known for its acres of almond trees, Es Pla de Corona and its cliff top walks high above the pine forests overlooking the "Gates of Heaven" (a couple of sporadic islets in the middle of the Mediterranean Sea), Santa Inés is a true paradise.
In Santa Agnes, properties are as prized as the land they sit on. Despite the small local community and two bars directly in front of the church, this area provides a quality of life that is nothing short of luxurious. Around February, the blossom trees bloom into beautiful sheets of pink and white almond flowers. Undoubtedly, the land is an exceptional sight that attracts the attention of locals and tourists alike. Property in Santa Inés offers clients an unspoiled, traditional island part untouched by tourism.
Properties in San Mateo
The village of Santa Inés sits close to the village of San Mateo. San Mateo is a small, quaint and beautifully kept village. The area, Es Pla de Sant Mateu, is filled with beautiful authentic charm and architecture with spectacular surrounding countryside cultivated and abundant with blossoming fruit trees.
San Mateo is a beautiful place to seek a property for sale. Long hikes around the Es Pla de Sant Mateu (almond trees, vineyards and miles of orchards with locally grown grapes, olives, oranges and lemons) with afternoons spent enjoying the hillside views from the local authentic restaurants and bars make San Mateo a residence of peaceful and traditional living. Naturally, the area is always in high demand with a much lower supply than demand, with more sizable housing and land, which is therefore reflective of the higher price bracket observed in this area.
Properties in the interior countryside of San Antoni de Portmany, Ibiza
In a similar manner to Santa Inés and San Mateo, the interior of San Antonio de Portmany offers clients and visitors a charming rural lifestyle. This clientele group shares a love of the great outdoors and nature walks, and is incredibly keen on buying fincas, renovated farmhouses, and modern hilltop villas in San Rafael and Buscastell. Several homes for sale in the interior region of San Antonio offer a quiet country-style home to retreat to, with vast landscapes, farmland, and personal agriculture opportunities. Although these internal spots are relatively low in demand compared to other rural areas on the island, they are still ideal for quick access to various countryside locations, charming villages, beauty spots, restaurants, and beaches.
Properties in Buscastell, Ibiza
Buscastell is a small village near Sant Antoni’s main town and San Rafael. Known as Es Broll de Buscastell, this area is over 4.5 km, and the landscape is formed by valleys that follow the flow of a stream. It contains wetlands and springs for water, and Ibiza’s largest winery, Can Rich.
A property near Buscastell offers clients a relaxed community atmosphere with a humble ambience. Besides a small local store and a popular bar and restaurant, the village consists of a single white church and one small local store.
Properties in San Rafael, Ibiza
San Rafael is a small yet vibrant village only 8km from Ibiza Town and San Antonio town. Although small, buying a property close to the village of San Rafael offers a wide range of outlets for day-to-day living, such as a pharmacy, bakery, hardware store, petrol station and several restaurants.
San Rafael hosts a selection of highly recommended island restaurants to choose from and enjoy. Can Pilot and Es Tancó Pizzeria are very popular and often bustle with locals and tourists regularly, both in and out of season. San Rafael village is also a unique "Area of Artisan Interest ". The village is home to the best potters on the island, who have practised modern and traditional pottery methods for hundreds of years.
The region of San Antoni de Portmany is incredibly diverse and possibly less tourism-oriented than clients may initially believe. Despite the lower demand for luxury and exclusive properties, there is still a great deal of opportunity to maximise value by looking beyond the more well-known places.If you are considering buying a villa in the San Antonio area, why not browse our available exclusive properties?
Our team is always ready to help you along your buyer’s journey and ensure you discover your dream home with Prestige Properties Ibiza – contact us today.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Ibiza’s Top 5 Exclusive Properties for Sale in 2022
You’ve certainly come to the right place if you’re looking to buy an exclusive villa or property. The luxurious homes in Ibiza offer upscale interiors, stunning swimming pools, magnificent sea and countryside views, and plenty of natural landscape environments that will make you feel at home in paradise. If that sounds appealing, read to discover our top most exclusive villas for sale right here in Ibiza.
Our top 5 luxury properties for sale in Ibiza
Everything you could want from an exclusive home is right here with us, from mountain top villas to newly renovated properties to sea view penthouses.
Villa La Colina los Molinos
Grand villa with panoramic sea views and complete privacy within walking distance of Ibiza Town.
Right on the hilltop of Los Molinos, this majestic property offers incredible views of Formentera and Salinas beach. Villa La Colina Los Molinos is situated behind a secure gate and offers its guests complete privacy. As you enter, calm waterfalls and tall royal palms welcome you, creating a 5-star environment. The villa offers three separate living areas with maximum comfort, including marble floors, white cabinets, and light-coloured kitchens and bathrooms throughout – all of which contrast beautifully against the bright blue Mediterranean waters immediately in front of you and visible from almost any room.
This exclusive 9-bedroom, 9-bathroom home comes with high-quality commodities, including a chef’s kitchen and entire staff quarters. Of course, each of the bedrooms is spacious with incredible views, and there is also a self-contained apartment with 2 bedrooms, a bathroom, a kitchen and a large living room.
Guests can see Formentera, Playa d’en Bossa, and Salinas beach from the pool. From the other side of the property, you can see Dalt Vila, the mill of Los Molinos, and the green hills in the distance. The outdoor lounge spaces abound everywhere, and there is enough room for private or group conversations. This unique and special property is made for those who want it all; privacy, views, space and a top location!
Villa Menina Jesus
Luxurious villa near Ibiza Town and Talamanca beach.
Villa Menina Jesus is exclusively on sale with Prestige Properties Ibiza and stands out for its contemporary and luxurious design. Located close to Ibiza Town, Marina Botafoch, Jesús village, and Talamanca Beach, it offers a perfect combination of relaxation without being too far from the island’s hotspots.
There are warm wooden elements and natural colours in the living areas, along with large windows that let in a large amount of daylight. Three of the four bedrooms in the house have en-suite bathrooms, and all bedrooms have access to the garden terrace with equally sizable sliding door windows that bring maximum light into all the rooms.
The outside area of this property offers a lot of space for relaxing, entertaining guests, and providing a variety of play areas for the children. Several olive and citrus trees dominate the garden, and a vegetable garden has already been planted and is ready for use. On hot summer days, the pool (40 m2) offers refreshment, and from the large roof terrace, you can enjoy views of Talamanca Bay and Dalt Vila’s Old Town. One of the villa’s notable highlights, as in its name – is a blue Menina by the Spanish artist Felipao.
Atico Design Cala Llenya
Beautiful penthouse with panoramic sea views and direct access to the beach.
Atico Design Cala Llenya is a modern apartment located in a perfectly maintained private community, just moments away from the cosy village of San Carlos, where you can find the beautiful beaches of Cala Nova and Cala Llenya. The complex has two large pools, direct access to the sandy beach, and a padel court.
The apartment is well maintained and has an open kitchen and indoor and outdoor living rooms. As well as a large master bedroom with its ensuite bathroom, two other double bedrooms share a bathroom and one single bedroom with its bathroom.
You can access the big roof terrace from the staircase, which has an outdoor kitchen, perfect for entertaining, a second outdoor living room, and a jacuzzi. On both the large terrace and rooftop terrace, you can enjoy spectacular views of the sea and the sunsets over the hills. With a canopy covering most of the rooftop, it can be enjoyed year-round, from sunrise to sunset.
Duplex Broner La Marina
Renovated designer duplex with fantastic sea views and large rooftop.
Duplex Broner La Marina, exclusively for sale with Prestige Properties, is located in the heart of Ibiza Town, near the La Marina area. Initially designed by the famous architect Erwin Broner, this completely renovated property has a total built surface of 168m2 with fantastic sea views and a spacious rooftop terrace.
The duplex features a spacious and bright living space with a fireplace, an open kitchen, and a balcony overlooking the harbour of Ibiza Town. The second floor has an open-plan landing that can be used as a living room or a second bedroom, offering a balcony with ocean views. Lastly, the rooftop offers a fantastic view of the harbour and sea. It’s the perfect place to relax, enjoy life, and unwind.
This apartment is ideally located in the centre of Ibiza town, near all the supermarkets, restaurants, shops and various beaches. If you would like to live spaciously, in the centre of town with the perks of sea views, this could be your opportunity.
Can Cactus Santa Eulalia
Renovated country house with open views, just outside Santa Eulalia.
With 6 bedrooms, Can Cactus Santa Eulalia is a tastefully renovated property with open views of the countryside from the house’s southeast orientation and easy access to Santa Eulalia town and San Carlos, both ideal places for year-round living as well as spending a vacation.
The ground floor has two bedrooms, both with ensuite bathrooms, one of which is a master bedroom with direct access to the pool area. In addition to the living and dining rooms on this floor, a fully equipped kitchen leads directly to the large swimming pool.
The first floor provides 4 more bedrooms, including 2 master bedrooms with en suite bathrooms and 2 more that share a bathroom. There is more than enough natural light in every bedroom. Similarly to the master bedroom downstairs, one of the master bedrooms has a dressing room and a private terrace overlooking the recently redesigned garden.
With beaches and the local town close by, this property might be the perfect piece of paradise for you if you are interested in a recently renovated villa ready to move into.
We hope you enjoyed getting to know our top 5 Ibiza properties for sale right now! To see our complete selection of exclusive properties in Ibiza, just click here:
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Buying a Property in Ibiza Town 2022
Living in Ibiza Town (Eivissa City Centre) – An Overview
Eivissa’s capital offers a vibrant Mediterranean city lifestyle. Its rich Phoenician history, gorgeous architecture, stunning beaches, and exciting nightlife makes for one of Europe’s most popular real estate markets.
Ibiza Town consists of two major parts. Dalt Vila, the old part of the city, is situated at the top of a small mountain overlooking the sea, whereas Eixample, the extension below, is where the modern part of the city resides. Close by is Marina Botafoch, well-known for its yachts, motorboats, and affluent lifestyle. Lastly, two main beaches, Talamanca and Figueretas, are popular with tourists.
Ibiza’s capital city is a great place to purchase a property for families, couples, retirees, singles, and clients looking for a high-profile home. Here we’ll explore each sub-area in more detail, focusing on the client appeal and property style.
Buying a property in Dalt Vila, Ibiza Old Town
There is no doubt that Dalt Vila is Ibiza’s top tourist attraction. Listed as a World Heritage Site, the Old Town is home to beautiful historical architecture, castle grounds, and the central Roman Catholic Cathedral, Santa Maria d’Eivissa. You can reach Dalt Vila by the old stone drawbridge, which leads directly onto Plaza de Vila, with its winding cobblestone streets, bars, restaurants, and boutiques. The journey to the mountaintop offers plenty of authenticities and beautiful views, encompassing the town below, La Marina, Ses Salines, and even Formentera.
The real estate market in Dalt Vila is very competitive. Depending on size and renovation status, apartments or triplex homes here are exceedingly expensive compared to the modern extension. The area has some beautifully state-of-the-art authentic properties with interesting novel-like architecture and interiors. Dalt Vila buyers tend to be those who appreciate historical architecture and life in the centre of the city’s vibrant culture, especially during the height of summer. Along with the gorgeous town and distant views of the blue sea, buying a property in the old town will allow you to take full advantage of the city’s best attractions.
Buying a property in the modern extension of Ibiza Town & Can Misses
In Ibiza Town (extension), you will find a central square called Vara de Rey, the Marina harbour-front promenade, authentic whitewashed buildings, and row upon row of bars, restaurants, and shops. There are plenty of stores, banks, pharmacies, grocery stores, and anything else you might regularly need within walking distance.
Most properties in Ibiza Town are apartment complexes, both old and new. The town centre of Ibiza offers more opportunities for apartment buyers than other parts of the city, especially older buildings. Most properties in the city centre extension are sought by couples or singles who are already residents, usually island workers that require an affordable, convenient and quickly accessible property.
Can Misses is a part of Ibiza Town’s city centre, specifically the northwest outskirts surrounding the city extension, adjacent to the highway. This location is ideal for those who wish to be close to the city centre. Apartments here are an excellent choice for those looking for a peaceful environment away from all the tourist noise.
Buying a property in Marina Botafoch & Paseo Maritimo, Ibiza
Only a few minutes’ drive away, you’ll find the VIP area of Marina Botafoch, complete with motorboats, yachts, and an incredibly luxurious array of apartments and penthouses. With a total of 428 moorings, Marina Botafoch also consists of a large boathouse, a gas station, and a stunning port with various upmarket restaurants and designer shops.
Whether permanently or for vacation, Marina Botafoch has become one of the most exclusive places to reside on the island, renowned as a socialite hotspot with an internationally recognised nightlife scene. Many VIP clientele on the island call this neighbourhood their home. Marina Botafoch has some of the most luxurious apartment buildings in Ibiza, so it attracts a broad range of clients looking for rentals and for-sale properties, especially high-profile families and individuals seeking security and concierge services. Penthouse properties here can start at around 1 million euros upwards.
Buying a property near the beaches of Talamanca & Figueretas
Talamanca is a small resort near the centre of the city which offers a cosmopolitan and trendy lifestyle to both tourists and long-term residents. Specifically, Talamanca Bay is the most popular beach in Ibiza Town. Talamanca is home to several contemporary and authentic villas in a Mediterranean style, as well as several new apartment complexes. The most desirable larger-scale villas for sale or rent typically have breathtaking sea views and appeal to the lifestyle holiday home and buy-to-let market. Talamanca also appeals to those looking for family-friendly apartments near the beach, with easy access to nurseries and schools while still within easy reach of the city’s conveniences like coffee shops and eateries.
Ses Figueretes, Ibiza Town’s second most famous beach, offers a recently renovated promenade and a vibrant resort close to Playa d’en Bossa. There are a variety of hotels, bars and restaurants in the area, as well as regular ferries to Ibiza Old Town during the summer. Figueretas is most popular with young couples and families looking for properties for sale or vacation homes at a more affordable price (compared to Talamanca). With a great local community atmosphere, it is easy to feel at home in a small city resort like Figueretas.
In summary, Ibiza Town extension, Can Misses and Figueretas offer plenty of opportunities for young couples and locals alike to find an apartment reasonably, although property prices are rising. Those areas such as Marina Botafoch, Talamanca and the Old Town are both popular but pricey, which appeal to a higher-profile and cosmopolitan clientele, particularly second-home buyers or investors in buy-to-rent apartments.
If you are considering buying a property in Ibiza Town, why not browse our current exclusive properties available.
Our team is always ready to help you with your buyer journey and will ensure you discover your dream home with us, so why not contact us today.
For a more detailed overview of life in Ibiza Town, read our in-depth article here
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
How to Obtain a Tourist Rental License in Ibiza
If you want to invest in a property in Ibiza for tourism rental purposes, you must carefully carry out thorough research and plan. It is essential to take caution – as you will see, obtaining a tourist rental license is not easy.
In 2012, a new law was passed, the ‘Ley de Arrendamientos Urbanos’, or LAU (Urban Leases Act). Under this law, short-term holiday rentals were allowed as long as you met the standard requirements. However, later in the summer of 2017, the law changed significantly and getting a permit got a lot tougher. Nowadays, many properties in Ibiza are not eligible for tourist rental licenses.
To help you, we have created a short guide that provides all of the information you need to obtain a tourist rental license in Ibiza. However, seeking legal advice comes highly recommended as laws and regulations are constantly changing. Ensuring everything is correct and legal can save you hefty fines and unwanted situations.
Is my property eligible for a tourist rental license in Ibiza?
If you’re renting your place for less than a month, you need a tourist rental license. Ibiza’s tourist rental licenses tend to be for detached houses. However, it doesn’t mean all detached houses will get a tourist license. All requirements must be met, no matter what.
If you want to buy an apartment to rent out for holidays, you should be aware that a tourist licence may not be accepted. Licenses were not previously allowed in shared buildings (therefore apartments), and even though this regulation has now changed and apartments are now theoretically permitted, in reality, they must first be approved by the local authorities’ board.
Villa Stardust Santa Eulalia
What are the legal requirements for a tourist rental license in Ibiza?
Ibiza has a set of minimum requirements that properties must meet to receive a tourist licence. The following list outlines the main requirements, although there are other factors to consider related to any given property:
There must be an occupancy certificate for the property, known as the ‘Cedula de Habitabilidad’.
Residents’ quality of life is the primary concern. The property must be located within a "tourist zone". These zones are based on environmental data, population statistics, and planning criteria without compromising an area’s management capabilities or resources.
When a previous sanction for a severe breach of a holiday rental licensing law exists, a home cannot be rented for vacations. Naturally, once the sanction is fulfilled and the property’s legality is restored, the property may again be considered for vacation rentals. Therefore, when looking for a tourist license, you should request a ‘certificado de inexistencia de infraccion urbanistica’’ to ensure no sanction exists.
Before the house can obtain a touristic license, it must be at least five years old, and during those five years, it must have been used as a private residence.
The property must also possess an energy certificate. Specifically, the construction of a house must meet the F rating for buildings constructed before 31/12/2007 and the D rating for buildings built after that date.
Rental licenses are now available for apartments, but only if the board of owners approves. Additionally:
Licenses must be renewed every five years.
Renters must be informed in writing about the house rules and must respect them.
Renters who do not respect the regulations must vacate the property within 24 hours.
Insurance must cover potential damage the clients may do to community property.
The community must have a 24-hour service number.
How do I apply for a tourist rental license to rent my property in Ibiza?
To obtain a tourist license from the local council, applicants must submit the following documents:
A "responsible declaration" ("Declaración Responsable de Inicio de Actividad de comercialización de estancias Turísticas en viviendas") which meet the criteria for tourist rentals in Ibiza
Plans and documents related to the property
Ownership documentation
The number of guest beds must not exceed the number of people legally allowed to occupy the property according to the certificate (cédula).
The local council issued a certificate proving that the property is located in a holiday-letting area (tourist zone).
Proof that the property meets the legal requirements for holiday rentals
Once you have paid the application fee, you will receive a preliminary rental license number.
How long will I need to wait before I can start renting my property in Ibiza?
Upon submitting your tourist rental license application, you confirm that your property meets all the required criteria. Once you have applied, you will receive a preliminary rental license number and you can immediately begin renting out the property. An inspector will carry out all the relevant checks at a later date. After this, if there are any inaccuracies, omissions, or falsifications in the application statement, the registration will be cancelled, and holiday rental activity will be suspended immediately. Once a rental license number (whether preliminary or final) has been allocated, it must be used for advertising on portals like Airbnb so that guests and authorities can check whether a holiday rental is legal.
IMPORTANT DISCLAIMER: Since February 2022 there is a 4-year moratorium on the "creation of new tourist beds" which effectively means a hold on all applications of new rental licences in the Balearics. This means that while you are free to submit the paperwork and fees, they will not be processed for (at least) the next 4 years and no preliminary numbers will be issued. You can read more on this subject in the following article: Balearic Tourism Law: Moratorium of up to four years to build new tourist accommodation in the Balearic Islands (diariodemallorca.es)
What happens if my new property or villa in Ibiza already has a rental license or application at the point of purchase?
Those who wish to purchase a property with a current tourist license need not worry about reapplying. However, you should still check everything thoroughly. Approved licenses will always have an ETV certificate (Estancia Turistica en Viviendas).
What costs are involved when obtaining a tourism rental license in Ibiza?
The price for a rental permit is currently €600 for the application plus the following per bed:
Do you want to buy a property with a tourist license or rent your property for holidays in Ibiza?
Before you embark on your buying journey, choose the right real estate agent and a legal team who can help you carry out your research and make an informed decision. If you require assistance in your search or you have any additional questions that you would like addressed, please feel free to contact us today.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Everything you need to know about buying a property in Ibiza post-Brexit
Is it a good idea to invest in a property after Brexit? Is it safe to buy in Ibiza? Is it wise? Can I visit regularly, rent out my new property, or move to the island full-time? Do I need a visa?
The list of frequently asked questions we receive from our clients who want to invest in a property in Ibiza is endless! So, we thought we would write this short article to provide you, as a UK citizen, with everything you need to know about buying a property in Ibiza, post-Brexit.
Can I buy a property in Ibiza after Brexit?
Yes, most definitely! Additionally, the Spanish government actively encourages international buyers, including British citizens, to invest in Spain. Having said that, there have been some changes to expat rights since Brexit. But, these changes have not seemingly impacted international property purchasing in Spain – especially for second-home buyers.
When it comes to purchasing a property in Spain, the Balearics, and Ibiza, very little has changed. The difference now is dependent on the legalities surrounding living in Spain or visiting it as a non-EU resident. While there are regulations and limitations currently applicable to British citizens, there are also alternative solutions that can be found. And, should you ever wish to relocate permanently, there are routes for you to become a full-time resident – which will be discussed further on.
Is Ibiza’s property market still strong after Brexit?
Absolutely! In recent years, Ibiza has become a very desirable investment opportunity, especially among second-home buyers and those wishing to relocate on a more permanent basis. In fact, Ibiza’s influx of property buyers over the past 2 years, which can be well-attributed to the global pandemic, saw buyer activity jump into overdrive. Property sales and prices since have continued to rise with strong demand among buyers and a shortage of sellers.
What taxes and costs apply when purchasing a property in Ibiza after Brexit?
Your property price will not be affected by your nationality or citizenship, and you will not be required to pay any additional fees. Whatever your citizenship, you will pay the same amount as everyone else. There are, however, some differences between buying property in Spain and the UK. In the UK, you exchange the property contracts, pay the vendor, and the property is yours. After that, you register the property in the land register.
In Spain, you will need to be aware, whether you are a resident or non-resident, of the property taxes related to any purchase, sale, or ownership of a property. Additionally, a notary will also be required to witness the process and add your title to the property’s register. Fees paid to the notary are controlled by the Spanish government which can vary significantly depending on the number of clauses, deeds, and value of the property itself.
Typically, the costs involved in purchasing a property include the following:
Purchase tax
The Notary’s fee
The property registry fee
Some small miscellaneous expenses
More information about the costs and fees involved with buying property in Ibiza can be found in our Buyer’s Guide.
Will I have any problems visiting my property in Ibiza post Brexit?
As we all know, travelling between the UK and EU after Brexit will not be as straightforward as before. And if you intend to spend a significant amount of time each year in your second home in Ibiza, you will need to be aware of the limitations. These limit stays apply to the whole of the EU but allows you to move freely without border control within the Schengen Area. Generally speaking, short stay limitations for UK visitors are the same as pre-Brexit and all other non-EU citizens.
The 90/180-day short stay rule
You can arrive in Spain and freely cross into any of the 26 countries that make up the Schengen Area without border control. The Schengen Area includes; Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland. However, a maximum stay of 90 days total applies within the 180 day period.
So, for example, if you arrive in your Ibiza holiday home on May 1st, you can live there full-time until the end of July (a total of 90 days), or you can hop around and travel in and out of the Schengen Area within this timeframe. After that, you must leave and not return to Spain, or any other Schengen Area again until the start of November (a total of 180 days).
Therefore, in terms of short stays of a month or two, weekend breaks, and two-week holidays, entry rules haven’t changed since Brexit. Here is a handy Short-Stay Visa Calculator to help you stay within the 90/180-day rules.
Can I live long-term in my property or become a permanent resident of Ibiza?
Although rules may apply, there are ways to extend your stay legally. The Spanish government makes every effort to encourage non-EU residents to purchase a property here. Therefore, even with the 90/180 short stay EU rules, the Spanish government is constantly evaluating and optimising longer stay possibilities through visas.
Spain offers several visas allowing longer stays. Two of the most common visas are the Non-Lucrative Visa and the Golden Visa. The Non-Lucrative Visa allows stays longer than three months for retirees who do not wish to take up employment in Spain. Applicants must show a bank balance of €34,000 for at least six months and a valid private healthcare plan. The visa is valid for one year and can be renewed for two more years thereafter.
Investors who have spent at least €500,000 on the property are eligible for the Golden Visa. A family application costs around €5,000 and lasts for two years. The Golden Visa allows holders and their families to live in Spain. For this visa to be renewed, you do not need to live in Spain, however, if you do live there, you can become a permanent resident after five years and a Spanish citizen after ten years.
You can find out all about the various visas available, applying for residency, and immigration in Spain here!
What are my options for renting out my property for tourism?
It will be fine for you to rent your property for tourism purposes post-Brexit, but there are a few things to consider. As a Spanish or EU citizen, the rental income tax is 19%. However, for non-EU citizens, the rental income tax is higher and is currently set at 24%. Secondly, buying a villa for rental purposes is popular in Ibiza. It is, however, not an easy process. Not every property on the island can be rented to tourists. Obtaining a final tourist license and filling out the application require strict criteria and requirements to proceed.
See the article on Tourist Rentals in 2021 by Ibicasa for more information on how to obtain a rental license in Ibiza.
How can I start the property search in Ibiza and get the right help to take the next step?
In this beautiful White Isle, anything is possible and dreams do come true with the right mindset and the right help. Hire an experienced and professional agent you can trust to get the job done. Our agents at Prestige Properties would be more than happy to fulfil this role for you. Also, we work in close collaboration with and are listed among 20 of the most professional agencies on the island, so we are certain to be up to date, informed, and practising legally and professionally in every matter along your buyer’s journey.
If you would like to speak with an agent about the current market and investment opportunities then contact us today! We would be more than happy to talk you through Ibiza’s Real Estate potential.
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Why is Ibiza a great place to buy a property for investment?
In general, buying property has always been a reliable investment. Of course, it does involve numerous factors and variables. But, one thing is for sure, you’ll certainly have a better chance of getting a decent return if you buy a property in a location that’s highly valuable and sought-after.
Ibiza has been a safe choice for property investment for quite some time now, mostly because of its idyllic location and its ongoing high demand for properties. Whether you are looking to buy a second home, a villa for tourism rental purposes, or you are interested in your own renovation or an early project phase property – as the current market stands, purchasing a home in Ibiza will make for a secure future return of investment.
Read on to find out why we are optimistic about the real estate property market in Ibiza, and what investment opportunities are available here.
Why invest in a property in Ibiza – the general property market
Over the past decade, both sales and house prices have shown continual and stable growth across the Balearic Islands. It was not until late 2019 and into early 2020 that house prices and sales started to fall for the very first time since the start of the financial crisis in 2007. This suggested the beginning of a minor stagnation that later increased due to the circumstances of COVID-19.
However, from early 2020 through to the end of 2021 we saw buyer activity quickly thrive again, with property sales continuing to rise across the whole of the Balearics. It was more than evident in Ibiza, as you can see from our end-of-year property market report 2021 that a surge of numbers and growth in the second-home international real estate market was occurring. People’s priorities were changing due to COVID-19, and living among beauty and nature, away from the big cities became increasingly more appealing. The high-end property market in Ibiza continues to be a magnet for second-home buyers. After the initial sales spike of 2021, things have marginally slowed down as the post-pandemic effect has worn off, but the fact remains that demand for properties still continues to far exceed the number of sellers on the market, thus resulting in a strong and unwavering price curve.
Casa Sunny Vadella
Buying a Property in Ibiza with a Touristic Rental License
In Ibiza, there are many people who wish to buy a villa to rent out for tourism purposes. Despite this, it is not as simple as many would believe. Not every property in Ibiza can legally be rented out to tourists for short-term holidays. Those who wish to proceed with renting their property will need a final tourist license. And, any application for a tourist license must satisfy a strong set of requirements. For more information on obtaining a rental license in Ibiza including the current legal requirements and the application process, see the article on Tourist Rentals in 2021 by Ibicasa.
Finding a property to buy in Ibiza with a current tourist license is more than ideal. You will already have all the application processes complete and the legal certificate in place, and, what’s more, there are likely to be existing regular tourism customers who are ready to come back to this same property and book their holidays year after year. This is alongside the possibility of already having a professional property agent and management team in place who are doing a great job.
If you’re keen to find a great property with a rental license then check out this tastefully renovated and upgraded 4-bedroom house, located in a very peaceful and secluded area. Casa Sunny Vadella is perfectly located within walking distance of the local beach, Cala Vadella – which is known for its child-friendly atmosphere and a wide range of pleasant beach restaurants. This property has already been certified with a final rental license which makes it a top investment.
Alternatively, Penthouse Olea Cala Llonga is another great tourist license property that offers an attractive investment opportunity in Ibiza. Within steps of the beautiful beach and local resort of Cala Llonga, this penthouse apartment is the most sought-after property within the apartment complex due to its large and spacious floor plan and ideal orientation within the complex. It’s the only apartment with three terraces, two on the main floor and one on the rooftop. This property comes fully furnished and with a management company that looks after the rentals and regular bookings. An excellent investment opportunity.
Buying an authentic property in Ibiza for a renovation project
It is becoming more and more difficult to find older, authentic properties now in Ibiza that can be renovated and re-sold with good returns on investment. A few years back, this was a great option with many more properties readily available. Now, it is becoming harder to find this type of property with the potential to create a modern boutique-style home and gain a decent return. But, of course, it is still possible if you employ the support and expertise of a good estate agent who knows the market well and can advise the right construction teams to employ for such projects.
Cas Figueroa is an outstanding traditional Ibizan Finca with two guest apartments. The perfect property investment opportunity for a renovation that has the potential to a beautiful modern-authentic style home. Located between San Rafael and Ibiza Town, surrounded by beautiful countryside, with a 60 m2 pool, this quaint setting is a wonderful opportunity for a renovation property project.
Buying a Property in Ibiza during ‘off-plan’ or during the ‘project phase’
There is also the option of purchasing a property off-plan or when the project is still in the development phase, where you then would continue to build the home yourself. If you have time, patience, and passion on your side, there is a good chance that you can save quite a bit of money too, making for a great investment opportunity. Further, this kind of property can also be resold with a bit of a profit margin, or leased on a long-term basis, excluding short-term holiday rentals. As we previously mentioned, obtaining a tourism license encounters a strong set of requirements, and new build properties must wait 5 years before they can apply for tourist rental licenses, and it can still prove challenging even after that.
Casa Con Proyecto Portinatx is a two-house property with a project license, located in Portinatx, at the northern point of the island, on the second line of the beach. Located on a plot of 1.000m2 with a permit approved in January 2020, the property can be expanded and modified to a total of 399 m2. The project takes into account all the conveniences of modern living and places a living room, kitchen, pantry, and laundry on the ground level. There is also a basement and a garage. There is space outside to build a swimming pool and chill-out area, so all in all, this is a great investment opportunity for anyone looking to start their own building project.
Ibiza in general is a very good market to invest in, being stable and safe, especially for long-term investment and ongoing increase in property value. There are often some really great investment opportunities here. But as the demand is almost always higher than the supply if the perfect investment property is not already on the market, then actively registering yourself with the right agent as early as possible comes highly recommended. This way, as soon as the right investment opportunity property becomes available that is suited to your personal requirements, you’re ready to get the process started as soon as possible.
Are you looking to buy a property here in Ibiza?
Why not chat with one of our agents to help you find the perfect property investment that is right for you! We would love to hear from you!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
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