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 Ibiza Town 2022

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.

Living in Ibiza - Marina Botafoch and Talamanca aerial view

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.

Talamanca Ibiza Beach

Buying a property in Ibiza Town – Overview

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.


    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:

    1. There must be an occupancy certificate for the property, known as the ‘Cedula de Habitabilidad’.
    2. 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.
    3. 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.
    4. 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.
    5. 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:

    1. Licenses must be renewed every five years.
    2. Renters must be informed in writing about the house rules and must respect them.
    3. Renters who do not respect the regulations must vacate the property within 24 hours.
    4. Insurance must cover potential damage the clients may do to community property.
    5. 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: 

    1. 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
    2. Plans and documents related to the property
    3. Ownership documentation
    4. The number of guest beds must not exceed the number of people legally allowed to occupy the property according to the certificate (cédula).
    5. The local council issued a certificate proving that the property is located in a holiday-letting area (tourist zone).
    6. Proof that the property meets the legal requirements for holiday rentals
    7. Once you have paid the application fee, you will receive a preliminary rental license number.

    For more detailed information and to proceed with obtaining a rental licence, please visit Bufete Frau Legal Service and Specialist for Real Estate Law for more information, legal advice and support with filing your application.


    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:

    One bed: €4.300,00
    2 beds: €8.643,00
    3 beds: €13.029,40
    4 beds: €17.459,70
    5 beds: €21.934,30
    6 beds: €26.453,70
    7 beds: €31.018,20
    8 beds: €35.628,40
    9 beds: €40.284,70
    10 beds: €44.987,50
    11 beds: €49.737,40
    12 beds: €54.534,80



    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!

      This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. more information