Inside Ibiza’s Most Exclusive Villas and Luxury Homes

Set against the turquoise waters of the Mediterranean, with over 300 days of sunshine a year, Ibiza has firmly established itself as one of Europe’s most desirable destinations for luxury real estate. From the serene northern hills to vibrant marinas filled with superyachts, the island showcases a unique blend of natural beauty and refined living.

Once celebrated primarily for its bohemian spirit and laid-back charm, Ibiza has evolved into a global hotspot for high-net-worth individuals and international investors. This transformation has driven demand for exceptional properties that combine privacy, design, and world-class amenities.

Today, the white island’s luxury property market is defined by architectural excellence, prime locations, and unparalleled lifestyle offerings. Whether it’s a contemporary villa with panoramic sea views, a restored finca rich in character, or a designer home with bespoke interiors, the island continues to set new standards in high-end living.

This guide explores what defines luxury homes in Ibiza, which areas shape the premium market, and what buyers typically look for in prime homes on the island.


Exclusive Villa and Luxury Home in Ibiza with sea view

The Evolution of Ibiza’s Luxury Property Market

Over the past five decades, Ibiza has undergone a remarkable transformation. In the late 1960s and early 1970s, the island remained largely rural and untouched, attracting artists, free spirits, and creatives seeking inspiration and simplicity.

By the late 1970s and 1980s, Ibiza began to gain international recognition, welcoming iconic figures such as Freddie Mercury, George Michael, Grace Jones, and Jimi Hendrix. This cultural shift marked the beginning of Ibiza’s rise as a global destination.

The emergence of the island’s legendary nightlife scene further accelerated its popularity, attracting visitors from around the world. At the same time, the growth of premium tourism, including yacht culture and high-end hospitality -elevated Ibiza into an elite Mediterranean destination.

As demand increased, so did property development. Traditional fincas were restored into elegant homes, while contemporary villas began to redefine the island’s architectural landscape. Following Ibiza Town’s designation as a UNESCO World Heritage Site in 1999, along with the protection of large parts of Formentera, the island’s cultural and environmental value further enhanced its global appeal.

Today, this Balearic gem stands as a benchmark for luxury real estate, with a property market that continues to thrive.


What Defines a Luxury Home in Ibiza? Key Features and Standards

The concept of luxury can vary, but in Ibiza’s property market, it is typically associated with homes that combine prime location, exceptional design, and high-end amenities.

Top-tier residences generally feature:

  • Prime locations with sea views, sunset views, or secluded natural surroundings
  • Generous plots designed to provide privacy and sophisticated living
  • High-quality architecture and premium materials
  • Designer interiors and bespoke finishes
  • Outdoor living spaces, including infinity pools, terraces, and landscaped gardens

True sophistication in Ibiza often goes beyond the home itself, encompassing bespoke lifestyle services. Many premium villas include full property management, concierge services, and dedicated staff, ensuring a seamless and elevated living experience.


Exclusive Villa and Luxury Home in Ibiza with infinite pool and sea view

Top Real Estate Areas in Ibiza: Premium Residences

Ibiza is divided into five main municipalities: Ibiza Town (Eivissa), Santa Eulària, Sant Josep, Sant Antoni, and Sant Joan, each providing a distinct environment and property landscape.

Sant Josep: Ibiza’s Leading Luxury Property Destination

Sant Josep is home to some of the island’s most prestigious villas, particularly in areas such as Cala Jondal, Es Cubells, and Cala Conta. This region is known for expansive estates, privacy, and spectacular sea views, making it one of the most sought-after locations for affluent buyers.

Santa Eulària: Stylish Villas and Refined Living

Santa Eulària combines elegance with a more relaxed lifestyle. It offers high-end villas, family-friendly environments, and excellent infrastructure, making it ideal for both permanent living and investment.

Sant Joan: Privacy, Nature, and High Value per Square Metre

In the north of the island, Sant Joan showcases a more tranquil and authentic Ibiza experience. Limited supply and increasing demand have made this area one of the most valuable in terms of price per square metre.

Ibiza Town and Marina Botafoch: Elite Apartments and Penthouses

For those seeking modern living, Ibiza Town and Marina Botafoch provide contemporary apartments, penthouses, and triplex homes. These areas are particularly popular among international buyers looking for proximity to nightlife, fine dining, and marina services.

Dalt Vila, the historic old town, features a completely different appeal, characterised by unique architecture, heritage properties, and breathtaking views over the harbour.


Ibiza’s Most Exclusive Gated Communities and Urbanisations

Some of the island’s most remarkable properties are located within private urbanisations and gated communities, offering security, privacy, and premium services.

Notable luxury communities include:

  • Roca Llisa
  • Can Rimbau
  • Vista Alegre
  • Can Furnet
  • Cala Conta 33
  • Sabina Estates
  • The White Angel

These locations are particularly attractive to high-profile buyers seeking discretion, security, and access to high-end amenities.


Browse Exclusive Villas and Luxury Homes in Ibiza

Let our Luxury Ibiza Property Experts guide you in finding your ideal home in Ibiza. Contact us today to start your search.

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

    Is Ibiza a good place to buy a property?

    Is Ibiza a good place to buy a property? The property market in Ibiza has always been reliable. There is no denying that our island’s real estate market has seen a significant influx of residents and foreign buyers, particularly in the luxury segment – and it has undoubtedly become one of the world’s top property hotspots. 

    Its idyllic location and high property demand have made Ibiza a safe investment for quite some time. As the current market stands, investing in a home in Ibiza makes for a secure return on investment, irrespective of whether it is residential, a second home, a villa for tourism rental purposes, or an early project phase property.

    In light of Ibiza’s vibrant property market, we are excited to share our latest market update showing why Ibiza remains a great investment.

    The island of Ibiza is not only an attractive investment but also one of the most sought-after locations in the world. Known for its pleasant climate year-round, natural environment, and extraordinary lifestyle, our island has much to offer. Our island’s picturesque beaches and sunsets, social networks, events, and laid-back lifestyle continue to attract many home buyers seeking a place in the sun where other international and cosmopolitan communities align. 

    Moreover, our island draws in many remote workers and entrepreneurs who can work from anywhere – including those with children due to its quality schools, natural surroundings and level of safety.

    Many visitors from afar are impressed by its increasingly easy international connection (not only direct from London, but direct flights from New York to Mallorca are now available, allowing you to reach Ibiza in approximately 8 hours), making travelling to and from Ibiza much simpler and more enjoyable.

    Prestige Properties presents Ibiza’s Luxury Housing Market 2022/2023

    Soon, we will be taking a look at the housing market statistics once again as we enter the last quarter of 2023. Yet, as far as we can predict and according to our internal insights, we have continued to rise since our previous audit. 

    Our 2022 annual market report and 2023 forecast shows that Ibiza’s real estate market has always been more resilient than our neighbouring Islands and Spain’s mainland. Ibiza’s luxury sector has experienced a considerable upturn since 2020 compared to our peers. 

    Our Prestige Properties Ibiza’s sales data for 2022 show the following:

    • An overall 10% increase in price per square metre between 2020 and 2022 across all areas on the island
    • Our sales volume doubled between 2020 and 2021 – and remained stable throughout 2022
    • An 87% rise in enquiries over the past two years
    • A drop of around 50% in (published) listings (suggesting a high demand versus low supply market)
    • 58% of our buyers purchased a property as a second home

    For our Full Market Report and more statistics, please visit our 2022 Annual Ibiza Property Market Report and 2023 Forecast.

    Overall, following the main boom of 2021 (which saw even higher numbers than the pre-covid highs in 2017), the market remains steady and continues to rise. With fewer sellers on the market, property values are predicted to increase as the race against a low supply continues, making this a good time and Ibiza a good place to buy a property.

    buying and selling of homes in the balearic islands 2022

    Ibiza Real Estate Properties for Tourism and Rentals

    Ibiza generally continues to grow, especially in the hospitality and tourism sectors, making it a premium place to travel. Due to this growth, housing and infrastructure demand has also increased, making it a good destination for those looking to buy a property for tourism purposes.

    Buying an Ibiza property with a current tourist licence is the ideal situation. The application process and legal certificate will already be completed, and, what’s more, regular tourism customers are likely to return to this same property and book their holidays year after year. Buying a property for tourism is a win-win situation. This type of investment will likely be fully booked year after year as the tourism industry is booming and its prestige VIP status continues upward.

    You can learn more about purchasing a property with a tourist licence or obtaining your own in our guide entitled How to Obtain a Tourist Rental License in Ibiza.


    Ibiza’s Real Estate Market for Long-Term Residents and Families

    Our island’s relaxed lifestyle and tranquil environment make it a popular destination for long-term residents, families, and professionals (young and old) who can work remotely. Those who can afford it will naturally prefer a purchased home over long-term rentals (which are also challenging to find). 

    The island is experiencing a sensational rise in interest as internationals and families become more active in their purchasing journeys, resulting in an increase in prices, a decrease in supply, and an increase in demand.


    So, is Ibiza a good place to buy a property and is now the right time?

    Overall, one thing is for sure: You’ll have a better chance of getting a decent return if you buy a property in a highly valuable location, highly sought-after and in constant demand. And, yes, Ibiza is most certainly one of those places!

    Are you looking to buy a property or luxury villa in Ibiza? Well, now is a perfect time!. If you want to view our Buyers Guide or speak with an agent about the current market and investment opportunities, 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!

      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!

        2021 Annual Ibiza Property Market Report and 2022 Forecast

        Based on both internal and external sources, this report presents information on the property market in Ibiza and the Balearic Islands for the year 2021, as well as its projected forecast for 2022. Based on data and figures received in 2020 and 2021, the analysis covers four main topics of discussion:

        1. The General Balearic Property Price Curve & Sales 
        2. The Ibiza Property Price Curve 2021 Summary
        3. The Ibiza Luxury Housing Market Report 2021 with Prestige Properties
        4. The Forecast for 2022 


        1. The General Balearic Property Price Curve and Sales

        Over the past decade, as discussed in our year-end property market review for 2020, both sales and house prices have shown continual and stable growth across the Balearic Islands. Here we can see, although the real estate market took an abrupt decline following the Spanish financial Crisis in 2007, the market has since stabilized and experienced a steady recovery, reaching a peak increase for both sales and price by 2017.  


        The first marked fall in prices and sales only occurred in late 2019 through until 2020, suggesting that the market as a whole was experiencing minor stagnation.  This minor stagnation was only exacerbated by the fact that the property market industry, like many other sectors, started to experience less movement due to the uncertain status of COVID-19 as well as three months of physical inactivity due to complete closure. 

        However, as early as the summer of 2020 and moving through until the end of 2021 we have been very pleased to see buyers’ activity quickly restart, and thriving again with property sales continuing to rise in all sectors of real estate across the Baleares. 


        There should be no doubt, however, that this growth has been influenced not just by the characteristics of the local market, but also by global interest in real estate as a whole.  

        According to Forbes, 2021, "In the wake of the lockdowns in March, Americans discovered that existing homes were not adequate for the new work, teach, exercise, cook and live at home reality. Based on realtor.com surveys of consumers, we learned that home shoppers are looking for more space, quieter neighborhoods, home offices, newer kitchens, and access to the outdoors, traits which have revived a strong interest in the suburbs and smaller metro areas." 

        This is further supported by Savills Global Real Estate Service who claim our changing priorities since Covid-19 are shifting global residential real estate. Here the international agents describe, "tastes shifted during the pandemic as home became the centre of the universe… We have (also) seen a step-change in second home ownership too. In Dubai, 2021 has seen an ‘unprecedented influx’ of international high net worth buyers looking for a second home and as Hugo Thistlethwayte, Head of Global Residential Operations, notes: ‘There has been a realisation that a second home doesn’t need to be an hour from the main city residence, but could be in Aspen, Jackson Hole or Switzerland. This trend could make places like the Algarve, Mallorca and the south of France 52-weeks-a-year locations." (2021)

        As we can see from the Balearic year-on-year variation in house prices (below), despite a temporary pause in buying activity, the interest in moving location, and seeking a new property has not only since recovered, but has quickly regained the highest pricing since 2007, supporting the argument that living priorities and significant interest in real estate have increased as a result of the pandemic.


        2. The Ibiza Property Price Curve 2021

        There is no doubt that the pandemic has altered our notion of home, finally allowing us to dare to create our dream life, working a city position amid a coastal or countryside second-home alternative, and, of course, complemented by the chance to also secure a strong investment.

        Here in Ibiza, it is evident that we are experiencing similar "unprecedented influxes" and a small boom in the luxury sector of Ibiza’s real estate market for second-home international buyers, brought on by Covid-19. The pandemic has motivated buyers with means to invest in properties located in safe and more natural surroundings, away from overcrowded so-called ‘hotspots". Ibiza’s high-end and upscale property market, therefore, continues to be a desirable location for second-home buyers particularly from Europe, and naturally, we continue to experience a situation of low supply versus high demand, which means that many villas and properties are seen as rare products, driving price booms, resulting in a strong and an unwavering price curve right here in Ibiza (see section ii price per square metre comparison below). 

        While prices and sales lowered during autumn 2019 and early 2020 in the Baleares as a whole (as seen from the graph above), it must be noted that Ibiza’s luxury real estate market has often shown to be more resilient than its neighbouring islands, and set-backs or downturns in the market and price curves never hit quite as strongly.


        3. The Ibiza Luxury Housing Market Report 2021 with Prestige Properties

        All data discussed below is a representation of our internal data related to the Luxury Housing Market in Ibiza and is solely taken from our internal database.


        i) Average Price per Square Meter

        Our internal statistics from our sales database with Prestige Properties Ibiza calculated an average increase in price per square metre, from 6.569 to 7.927€, approximately a 21% increase between 2019 and 2021.


        ii) Average Price & Price per m2 by Municipality

        On the whole, all areas on the island have experienced price-per-square-metre increases between 2019 and 2021.  

        N.B The price per square meter, per municipality, may need to be flexible as the figures depend solely on our internal sales, and weighty factors may apply, as noted in our analysis hereafter.

        201920202021
        Eivissa€6.437€6.076€7.418
        Sant Josep€6.755€7.931€7.998
        Santa Eularia€6.471€6.715€9.553
        Sant Antoni€4.876€5.273€5.442
        Sant Joan€9.048€8.644€9.604

        .

        Eivissa – Average Price & Price per m2 by %

        The entire city is in high demand and continues to demonstrate a strong market presence. Overall, Eivissa has something for everyone, like most cities in Europe, and has increased in popularity in line with the rest of the island. Eivissa has experienced a 15% increase in price per square metre since 2019.

        Average Property Size: 168m2 | Average Property Price in Euros: 1.3M 


        Sant Josep – Average Price & Price per m2 by %

        San José has always been high in demand among affluent luxury second-home buyers.  In 2021, if we segmented San José, areas such as Es Cubells and Ses Salines would still naturally appear at the very top of the island property portfolio, where many other San José developments and properties would now be on par with some of the properties and prices on offer in Santa Eulalia. Sant Josep has experienced an 18% increase in price per square metre since 2019.

        Average Property Size: 256m2 | Average Property Price in Euros: 2M


        Santa Eulalia – Average Price & Price per m2 by %

        In 2021, a particularly large property sale occurred in Santa Eulalia, leading to an unusual rise in the overall average price per square metre and as previously mentioned, some flexibility is required here. However, if we take the current average as gospel, Santa Eulalia would have experienced a 48% increase in price per square metre since 2019. It is clear that Santa Eulalia (despite margin for slight error) is catching up rapidly to the highly sought-after area of San José. 

        Average Property Size: 311m2 | Average Property Price in Euros: 3.5M


        Sant Antoni – Average Price & Price per m2 by %

        The area of San Antonio de Portmany is slowly making progress, becoming more sought-after than clients may first assume. Although the area is often in less demand than other areas, potential home buyers are often encouraged to look at the abundance of opportunities and great investment prospects here.  San Antonio has seen a 12% increase in price per square metre since 2019.

        Average Property Size: 299m2 | Average Property Price in Euros: 1.6M


        San Juan – Average Price & Price per m2 by %

        In the last couple of years, Sant Joan seems to be where the most prestigious and expensive villas are located, with a price tag that has almost doubled on average over the past few years. The new demand for properties in the municipality is a reflection of the property market’s high-end price valuation. San Juan has seen a 6% increase in price per square metre since 2019.

        Average Property Size: 344m2 | Average Property Price in Euros: 3.7M

        .

        According to Tinsa (2021) Living on the Coast Report, the market in Ibiza has exhibited different behavior depending on the segment. However, as per our internal analysis, the demand for detached homes for sale or long-term rental has increased. There have also been price increases, more notable in detached homes than in new developments.  They summarised:  

        Standard multi-family homes sit between 3,000 and 4,000 €/m2, with a surface area from 50 m2 to 140 m2, with one to three bedrooms. Single-family homes typically register between 6,000 and 7,000 €/m2 and those larger family homes value between €10,000 and €20,000/m2. These properties were mostly located on the seafront promenade of Ibiza or on the front line of a marina. The most expensive single-family home registered between 12,000 and 15,000 €/m2 for a detached house. This product was mostly located on the west coast of the island of Ibiza in the municipality of Sant Josep and around Ibiza in the neighbouring municipality of Santa Eulalia. 

        .

        iii) Sales per Year

        Our internal statistics from our sales database with Prestige Properties Ibiza between 2019 and 2021 calculated a very minor decrease of 4% in sales and only 3.5% in volume, which despite the 3-month closure of offices and ability to partake in property viewings is basically a non-existent comparison.

        Properties sold to date in 2021 (up until October 2021) have calculated an increase of 56% more sales than 2019 and a turnover of 95% increase in Euros related to direct sales.

        .

        iv) Enquiries per Year

        Even with pandemic news, lockdowns, and restricted movement, we still saw an ongoing and steady flow of users visiting the website and generating inquiries throughout the year 2020. During the year 2021, since restrictions began to ease, an increase of over 36% has been recorded as active inquiries conducted by individuals seeking an Ibiza property whether through sales or rentals.

        Conclusion: The Luxury Real Estate Market Ibiza 2021

        Even with the pandemic looming during 2020, luxury housing in Ibiza continued to make progress regardless. As we can see from the information and data above, the way we are changing and prioritising our home lifestyle has led to a definite increase in global (and island-wide) interest which has only resulted in a growing buyers market in 2021. As more and more clients seek out their ideal lifestyle in a more relaxed environment, away from the hassles of the big cities, it is evident that international buyers continue to dominate and strengthen the luxury real estate purchasing market.  In fact, "user behavior data shows Ibiza remains the most popular among the three main Balearic islands, achieving 22% more listing views than Mallorca (even though it has half the number of active listings)." – James Edition, October 2021

        .

        4. The Forecast for 2022

        It is expected that house prices will continue to rise steadily and consistently in the luxury property market in Ibiza as there are no signs of crisis at present, making for attractive investment opportunities. In general, this speaks of Ibiza’s upscale market, which not only survived but flourished during the pandemic, giving us confidence that the island will continue to be attractive on an international level for the foreseeable future 2022. However, we do not envision a continuation in the number of sales we have witnessed during 2021.  We anticipate the sales boom of 2021 will potentially slow down as the post-pandemic effect fades away, especially as we are increasingly seeing a case of low numbers of sellers in the market as we continue towards the end of 2021.

        Long-term rentals for larger properties have become increasingly popular, especially with families. Prestige Properties Ibiza was required to hire more staff by the summer of 2021 in order to deal with the influx of inquiries, especially for long-term rentals. This is also confirmed by Morna International School, which has received a record number of new student applicants, who are also seeking residency (James Edition, 2021), indicating a potential anticipated interest for families in 2022 who may be keen to stay in the rental market until the right property for sale arrives in the future, or on the opposite side of the coin, they may return back to the metropoles once the effects of the pandemic and lockdowns are both a distant memory, (which at the moment, seems like is not likely to happen anytime soon). Either way, it is still undeniably the international buyers and overseas investors who are still the main market for second luxury homes in Ibiza and are expected to be in 2022.

        Additionally, the island is exhibiting even greater growth in general, becoming an even more desirable and trendy place to live. Since small, local businesses have struggled to cope with lockdowns and business closures, we have also seen an influx of new, innovative bars and restaurants opening, and signs that continued investment is underway.



        Thank you for staying updated with us at Prestige Properties. We hope to see you soon!


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