Ibiza 2021 – Why Ibiza holds high expectations for a strong future tourism!
Ibiza 2021 and what to expect…
Ibiza Season 2020
We may still be in the latter part of season 2020, but with many travel plans postponed, cancellations of flights and numerous ongoing global travel restrictions; we think it safe to say that many of us are ready to put our disappointments for the year 2020 behind us and start looking forward to a brighter horizon – and this includes our desire to travel and enjoy our usual summer vacations again in the near future!
Despite a very unexpected turn around for the tourism industry here in Ibiza over the past few months, we believe, Ibiza 2021 is going to see a positive season and an influx of tourism.
So, what gives us this strong sense of expectation?
Planning Ahead Summer 2021
Whilst next year may seem far off, planning travel in advance for 2021 may be more necessary than before. In recent years, with the speed of the internet and booking systems, tourism in Ibiza has demonstrated many last minute bookings for various weeks throughout the season. The occurrence of pre-planning and securing dream vacations in advance mostly consisted of longer stays for up to or over a month, when considering larger group vacations, first choice luxury villas, events, and those extra popular summer months like August. However, now, in the light of recent circumstances, we are seeing even more forward travel planning than usual.
We have noted that many ‘postponed 2020 travel plans’ have already selected dates directly into the 2021 calendar, which inevitably means the annual holiday diary has already started to fill up at a much faster rate than previous years.
This additionally must take into consideration the many extra travel dates moved for weddings and events, that were also due to take place during the 2020 season.
Aside from these ‘change of date’ bookings, whether vacation or event, we have also noted a recent increase of travel enquiries for Ibiza 2021, which is usually a rarer occurrence during the height of summer.
In fact, "drawing on Google data, a study was revealed by travel company Kuoni, who mapped the most searched for and most popular 2021 holiday destinations for 131 countries around the world. The study showed a clear demand for future travel, with Google Trends indicating that searches for "2021 holiday" increased by 124% when compared to the end of March". – Lonely Planet 2020.
So, it would appear now is the perfect and popular time to consider booking travel for next year!
Flexibility and Risk-Free Travel
The COVID-19 pandemic has taught all travellers one thing about the validation of travel insurance policies in such circumstances, whereby for the majority, epidemics and pandemics are not covered. Therefore, flexibility has become a key component for many hotels, travel agents and airline companies who are adapting to accommodate customers.
The overall essence for the travel industry is to offer (in the case of travel restrictions both current and future) risk free bookings and flexible date changes.
Many agents and hotels are also offering discounted rates for early 2021 bookings to help sustain the economy here. It is now more important than ever to fully understand the need to be flexible and be prepared to make changes where required.
Therefore, customers and travellers can feel reassured that there is no need to stop planning future travel, but just feel comfortable with flexible date options, and be able to adjust if necessary.
Of course, this may mean more organising and forward planning with work commitments, school holidays and so on. But it also allows travellers plenty of time to wisely pre-empt ‘the worst-case scenario’ and have a ‘Plan B’ should travel be affected.
During the wait, 2021 travel planning can in fact be a fun process. Consider how to better appreciate the luxury of travel and make the most of your upcoming vacation with personalised detailed itineraries and visit those places you always dreamed of but never got round too.
What to Expect from Ibiza 2021
Whilst we evidently cannot fully predict the future, it is clear that Ibiza has adapted to the current circumstances and is taking a positive attitude, where possible to continue business as usual.
The nightclubs have been most affected by safety measurements put in place and have been required to remain closed throughout 2020. However, despite this annual setback many have already begun to forward plan for Ibiza 2021.
Hi Ibiza has recently announced next year’s residency with 2021 declared to be their biggest summer to date, bringing world class DJs, state-of-the-art productions, and a promise to put the clubber at the centre of the experience. Additional to their returning residencies Afterlife, Black Coffee, F*** Me I’m Famous! and Glitterbox, new residents include The Martinez Brothers and FISHER to join the party.
We fully hope to see the Ibiza club scene return as usual in 2021. However, with or without the nightclubs open, Ibiza is a determined island which has demonstrated throughout 2020 its passion for tourism despite the circumstances.
Even without the world-famous nightclubs open, our island has hosted a fresh interest for culinary experience, sunset charters and private yachts, travel for natural beauty and relaxation, and adventuring those less travelled paths and discovering the islands hidden gems too! With overcrowding at a minimum and roads traffic free, Ibiza has been a beautiful and rare experience that we should all take into consideration even if travel numbers need to stay lower and safety measures (like closure of the nightclubs) remain in place.
When planning for 2021, finding a destination that offers security and safety does include Ibiza, despite mainland Spain having steep surges of Covid-19 cases.
Ibiza has seen relatively low figures of Covid-19 in comparison to the rest of Spain and Europe. The healthcare system on the island has been stable throughout with minimal critical patients.
Our government has been incredibly efficient in ensuring the health and well-being of everyone, both residents and those visiting the island. Safety regulations have ensured Ibiza’s tourism and lifestyle is continuing on a positive path and remains open.
Proudly, we can say the island is fully complying and respecting the measurements put in place, which can only give us hope that the virus will remain contained, with no further outbreaks or state of alarm, and 2021 can continue with as much normality as possible.
Travel may look different post-Covid-19, however we are optimistic for the future and 2021.
Thanks for staying updated with Prestige Properties Ibiza. If you are considering travelling to Ibiza and are still yet to book accommodation, then why not check out our Ibiza Holiday Villas on offer.
Our team members are always ready to help you with your travel opportunities and are happy to assist you with any of your questions, so get in touch with us today!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
[Interview] Ibiza 2020 and Property Market Update with Prestige Properties Ibiza
A new interview with Victor, Partner & Sales Director of Prestige Properties Ibiza, about Covid-19 in Ibiza and the effect on the Island’s Property Market
What is open and available for tourists visiting the island this summer 2020?
The summer of 2020 has certainly encountered a slow start due to recent global events. However, with national flights between the Balearics and mainland Spain occurring from late June and international flights from July 1st, Ibiza is now officially open for the majority and enjoying a different, yet remarkable tourism season considering the circumstances.
The good news is, all of the island’s outdoor spaces are now open for public use which includes all the beaches, marinas, outdoor activity spaces such as tennis clubs, golfing, water sports and diving clubs, general group water activities like paddle boarding and kayak excursions, boating as well as land leisure activities such as hiking and cycling.
Most restaurants, bars and shops are back to business with more places opening each and every day. We have been pleasantly surprised at the atmospheric vibrancy of the food and beverage industry and could not be happier for businesses to be flourishing again. The only main difference when compared to previously, is the night clubs still remain closed.
What activities would you recommend for tourists visiting this season and why?
Ibiza is the ideal island to explore and get acquainted with the beautiful hidden gems on offer. During July, August and most of September the island is usually extremely busy, which often leaves many visitors reluctant to hire a car and hit the road with the intense traffic and lack of parking in so many spots.
This year is an optimal summer to take a touring opportunity and adventure around different beach coves, restaurants and towns, which may otherwise be less desirable during the height of the season for most.
We would highly recommend any kind of outdoor leisure activities. Ibiza is an ideal place for cycling, playing tennis, snorkeling, night canoeing and taking a fun day with paddle boards out to sea. There are so many great opportunities and activities across the island to engage in and enjoy Ibiza’s natural side.
With fewer people this year, these activities feel all the more special and gain an extra sense of wide open space and quiet retreat. There are many companies that specialize in offering tours and activities for visitors to enjoy.
Formentera is an absolute must visit. With its crystalline waters and white sands, this small sister island of Ibiza will feel very much like a personal tropical island this season. Whether renting a boat or catching the ferry from Ibiza’s Marina or Santa Eulalia, spending the day in Formentera with its spectacular beaches, luxury seafront restaurants and seeing it’s glorious sunsets is nothing short of a perfect summer day in our opinion.
What is new in Ibiza this year?
Every year in Ibiza new and exciting venues open and join the lively social aspect of the island. Here are the top latest additions to our home which we are sure are worth a visit during your next Ibiza holiday!
Hotel W – Santa Eulalia
W Ibiza is a much anticipated brand new 5-star seafront hotel boasting of luxury suites, fine dining restaurant, regular nightlife music and Dj sets as well as a stunning health, wellness and spa centre. W Ibiza strikes a pose on the palm-fringed, sand-drenched beachfront of Santa Eulalia. This is where you get to stay and play with a brand that was made for the White Isle. The hotel comes complete with its very own yet separate seafront Chiringuito Blue Restaurant and a Vegan VE Cafe.
Alma Beach Bar and Restaurant – Port des Torrent
Alma Beach Ibiza is a brand new boho chic styled beach bar and restaurant situated directly on the beach of Port des Torrent, who are committed to an ibizan lifestyle concept in hospitality. The restaurant offers three different restaurant proposals, sunset, brasas and wellness, with one common denominator: to promote healthy cuisine with top quality ingredients.
Alma Beach Ibiza is a unique place in which to enjoy the magical moments that the Pitiusa island has to offer.
Bam-Bu-Ku – San Antonio
Bam-Bu-Ku brought to Ibiza by the famous west end O Beach, a new family friendly day experience to San Antonio. A perfect opportunity for anyone looking for a lazy day under the Mediterranean sunshine, overlooking the pool whilst sprawled out on the luxury venue beds, complete with a personal waiter service. Here you can enjoy breakfast, lunch or dinner in a paradisiacal restaurant featuring a wanderlust menu of tropical fusion cuisine.
Es Birra – Es Cana
Es Birra Ibiza is Es Canar’s new socialite place to be if you’re located in the Santa Eulalia area. The old original night club of the 90’s has been taken over by a group of young and innovative individuals where craft beer, a typical gastronomical matching menu and a variety of live music genres exists. Es Birra brings forth a brand new trendy venue with plenty of indoor and outdoor space and an authentic Ibizan tribe.
WOW – San Rafel
WOW is a house for people to meet, gather and enjoy tantalising cocktails, pure, honest, raw and refined food combined with vintage furniture and retro interiors. It’s everything from a co-working space, to brunches at the weekend, art exhibitions and an array of seating areas to suit any mood.
How do you think the island will be different without the nightclub tourism scene this season?
The island is definitely much quieter than usual for this time of the year and we hope this knowledge encourages visitors and potential visitors of tourism, that quieter is in fact safer, with less overcrowding.
This means we are encountering more families, couples and low key groups of friends from across Europe as a result of the nightclub scene remaining closed and also many of the big tour operator hotels, which is setting a very different tone to the island.
With less extremes over the summer, the overall atmosphere and vibe has to date been more relaxed and demonstrates a similar collective of tourists, which would normally be seen during low season in Ibiza.
What measurements and regulations have been set in Ibiza for health and safety management that tourists and visitors need to be aware of?
If you are visiting or considering visiting Ibiza in the coming months, we would like everybody to feel reassured that Ibiza tourism and lifestyle is continuing on a positive path and is open for your enjoyment.
Certain regulations and safety measures are set to keep everyone feeling welcomed and able to enjoy their surroundings whilst still minimising overcrowding. Social distancing measures of 2m and facial masks continue in all indoor public spaces such as shops and supermarkets etc.
The Balearic Islands recently made an extra adjustment to their current measurements in relation to the health and safety standards for all citizens and tourists who are visiting this season 2020. On Monday 13th July, a minor addition was made, similar to other European countries, whereby facial protective masks must be worn in all open spaces within urban areas, instead of only in closed public spaces.
Outdoor living and social events such as relaxing on beaches, swimming, sporting activities, eateries, walking and exploring the countryside can continue as normal, mask free!
The general expectation of the public within these outdoor settings is to maintain respect for one another and uphold social distancing between smaller groups and others as well as reducing overcrowding as much as possible.
All public businesses including food and beverage industries have been advised on strict health and safety standards including all members of staff checking temperatures before each working shift and the utilisation of masks at all times when serving customers.
Do you envision a shift in seasonal tourism or an extension of the summer this year?
We hope the latter part of the summer season will be stronger compared to the beginning of the main season and for this to continue into the early part of the winter also.
The main season has started slowly so we hope to see September and October as good months for the local economy. We don’t envision big changes, but ultimately it will all depend on the evolution of the health and well being of the current COVID-19 circumstances and the public here in Ibiza.
What is the meaning of "Veroño"?
Veroño is a term made up of two Spanish words, Verano (meaning Summer) and Otoño (meaning Autumn). The term is the way we express the continuation of summer into the autumn months, and the beautiful spring-like after seasons we experience here on the Island from October through to early December.
The sea remains warm long after the big crowds leave and the weather usually stays warm and pleasant well into November. Most restaurants and businesses stay open until Christmas and for islanders, Veroño is almost like a quiet, tranquil spring setting with the majority of low-season opportunities and social events, including a few authentic parties to mark the end of the season and celebrate with each other. Winter for us starts officially in January.
Peace and rest. For most of us it is time to regenerate and spend quality time with our families, friends and among nature. Work is always quieter, but it allows the opportunity to prepare and get creative with new fresh ideas for the following season.
What secret hidden gems would you recommend to discover in Ibiza during the off-season?
During the summer season, many of us are busy working and are unable to find time to take on extra activities, especially under the heat, overcrowding and traffic on the island.
Winter offers the perfect space and weather to remember why we live here. There are so many beautiful spots to explore, hills to hike and local all-year round restaurants to visit. Ibiza is never short of a beautiful day out and there’s always something new and undiscovered, even for those that have been here as locals for many years.
Sa Talaia, the highest point on the island offers a fantastic hike with outstanding mountain top views. The hills in San Juan are also of incredible value for nature lovers. To simply experience a coffee in a local Ibizan bar among locals or to visit the natural springs of San Mateo, near Can Suleyetas, and then grab a tasty bocadillo, are simply priceless experiences that residents treasure during the winter time.
Current Ibiza Property Market
Are clients’ still actively seeking to buy property in Ibiza and have there been any significant changes in the Ibiza Property Market since the announcement of the Global Pandemic?
What we have evidently seen to date has been very encouraging. The online interest and activity has remained very strong with an increase in interactions (requests, website visits) from potential and future clients during the lockdown period. It appears many were utilising their quarantine to research and pursue buying their desired property in Ibiza.
Buyers are far from changing their mind. Since July, viewings have resumed and many clients are arriving on the island to continue their property search now that the flights have reopened. So we can say that all is very active, yes!
We are generally not expecting the property market to have a drop, mainly because the demand is high and the supply is always very low in Ibiza.
We would simply advise anyone looking to buy a property in Ibiza to follow their projects and make sure you continue to work with experienced professionals and remain fully informed and updated.
It is still very early to predict the level of impact in the long-term. There will inevitably be changes and marked impressions on a global scale. However, Ibiza has always proven to be a solid market, so if you are well informed, you will be sure to make a good profitable decision.
What is the best advice you could offer those considering or currently with a buy to rent property in Ibiza ?
Individual situations for those looking for buy-to-rent properties and tourism licenses will very much depend on the individual needs, their mortgages, general income and their dependency on tourism rentals as a main source of income.
However, we would highly recommend any client to consider the long term prospects, have a good strategy about pricing and think about beginning to build a good client base (which can be done by selecting a strong agent). Ibiza is a very desirable tourism hotspot across the globe and is guaranteed to drive revenue in the long-term.
Future Outlook
How has Prestige Properties Ibiza as a business and a team had to adapt to recent events and how do you perceive the near future to look like as a company?
We all had to adapt during the past few months. Working from home, working part time and taking care of our families. Gaining a new work-life balance has not been an easy time for any of us.
Proudly, we as a team have worked closely together and hard to improve every part of the business and the service we offer to the island and our clients, which makes us positive about the future. We are ready to work our way whatever comes our way.
We have stayed open throughout. All our agents have been active. We have been spending more time than ever finalising our website and the presentation of our properties, as well as setting up our new virtual viewings service.
Potential buyers have still been able to get a closer feel for properties on the market and have been able to fully continue with their buyers journey.
Do you think the tourism industry will be strongly affected in the upcoming season 2021?
We will all have to continue to adapt to the circumstances and our ‘new normality’. Many agents have offered 2021 secure risk free bookings and more last minute deals for 2020.
The important thing to remember is to keep all safety measures and the well-being of the public as our main priority as an island and in business. Ultimately 2021 will depend on the evolution of the virus. We hope 2021 will resume back to normal and see a much improved tourism season, as a company we will be prepared as much as possible in advance for both the best and worst case scenario.
What can the local community, businesses and visitors do to ensure we are all supporting one another positively?
As previously mentioned, the general expectation of the public within both indoor and outdoor settings is to maintain respect for one another and uphold social distancing and safety measures.
It is of utmost importance all visitors respect the beauty of the island and dispose of masks correctly into the recycling bins and not leave for others to clean up, especially on the beaches.
Lastly, if individuals do not feel fit to travel or feel unwell on arrival, then please follow the guidelines and ensure everyone is kept safe.
Thanks for staying updated with Prestige Properties Ibiza. We hope you enjoy your stay in Ibiza this season 2020.
If you are considering travelling to Ibiza this year and are still yet to book accommodation, then why not check out our Ibiza holiday villas on offer.
Our team members are always ready to help you with your travel opportunities and are happy to assist you with any of your questions, so get in touch with us today!
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
Covid-19 in Ibiza – Interview with Prestige Properties Ibiza
Interview with Victor, Partner & Sales Director of Prestige Properties Ibiza about Covid-19 and the effect on the Property Market
What has been the overall impact of Covid-19 in Ibiza?
Ibiza has seen relatively low figures of Covid-19 in comparison to the rest of Spain and Europe. The healthcare system on the island has been stable and we are very thankful to all our health care and key workers during this difficult time. Their impressive work and dedication towards the public is sincerely appreciated and acknowledged by all. Without their passionate commitment the outcomes of ill-health could have been quite different.
At the point of publication, a total of 163 positive cases have been recorded in Ibiza and Formentera for Covid-19, with 120 fully recovered and 31 active cases, of which 24 are still in hospital.
There have been few new cases reported in recent weeks and zero positive cases over the past 5 days.
Ibiza is a small island. This fact alone has helped the government implement closures and restrictions at a quick and smooth pace. Since the state of alarm was declared on March 14th travelling by air and sea has been fully restricted to essential activity only.
Unfortunately, the crisis has had an impact both socially and economically for the residents of Ibiza. However, the recent plan of deconfinement and the current low risk of infection, hopefully means we will soon be able to ease restrictions and welcome tourists for the summer season 2020.
We think it is fair to say, many feel the island and mother nature has received a well deserved rest and we are only reminded to be truly grateful for the paradise we live in.
Global Property Market
Has Covid-19 had an impact on Global Real Estate and what changes are we seeing so far?
Whilst some buyers are adopting a wait and see approach, many others have maintained the same drive to buy with some even increasing in their pursuit during this period.
Sales numbers on a global scale are down due to social distancing, travel restrictions and closures of businesses, where viewings are not able take place as usual. However, we have noticed client interactions are consistent and have even increased in Ibiza. Many are aware of the level of competition within the Ibiza property market and want to take full advantage of using every opportunity to buy now or as soon as the restrictions will be lifted.
One thing is for certain, the new adaptation of virtual viewings are very current. Aside from professionally produced virtual tours of housing, many agents are adapting and attracting buyers with real-time video tours. In turn, this is leading to on-going interest and even offers and sales still being made.
Ibiza Property Market
Has Covid-19 had an impact on the Ibiza Real Estate to date?
It is still too early to fully measure and calculate the impact of Covid-19 in the real estate market in Ibiza. There is always a delay between the event of any crisis and subsequent economic and industry related statistics emerging.
What we have evidently seen to date has been very encouraging. The online interest and activity has remained very strong with an increase in interactions (requests, website visits) from potential and future clients. It appears many are utilising their quarantine time to research and pursue buying their desired property in Ibiza.
Buyers are far from changing their mind, they want a place in the sun more now than ever before.
As with any crisis, there will always be new opportunities that follow. Sadly, some are foreseeing they may be obligated to put their property on the market in order to recuperate financial losses and face some personal situations.
We are generally not expecting the property market to have a drop, mainly because the demand is high and the supply is always very low in Ibiza.
How is tourism in Ibiza being affected and how do we anticipate it will affect those with tourism licenses throughout the season?
Spring season has unfortunately been lost. Small businesses in Ibiza are perhaps at the highest risk of being affected by the pandemic due to the restrictions that have taken place.
We hope the Summer will receive international clients from July onwards and clients from mainland Spain will be able to travel for tourism from the end of June (22nd if all goes as per deconfinement plan).
Individual situations for those with tourism licenses will very much depend on the needs of each owner, their mortgages, general income and their dependency on tourism rentals as a main source of income.
Important Information for Property Sellers in Ibiza
What is the best advice you could offer sellers during this important time?
Remain calm and ask your agent for advice. Depending on each individual situation, we can plan a good strategy to succeed in the sale of your property in Ibiza
Should sellers keep their property on the market and take a ‘wait and see’ approach? or should clients wait until this pandemic is over?
Keep your property on the market. We are all working remotely from home with up to date technology. The notable rise in online activity we are currently experiencing means now is the perfect time to catch the attention of clients ready for their future visits.
What is Prestige incorporating as an agency to ensure the marketing and sales are maximised during these uncertain times?
We have stayed open throughout. All our agents are active. We have been spending more time than ever preparing our website and the presentation of our properties, as well as setting up our new virtual viewings service. Potential buyers are still able to get a closer feel for properties on the market and can continue with their buyers journey.
We have also been closing a few deals over the past weeks, mostly with clients who have been looking with us for some time, where we already really understood what they required.
Important Information for Property Buyers in Ibiza
What is the best advice you could offer buyers during this important time?
Use this time to effectively research the current property market in Ibiza. We are here to help you with your buyer’s journey. Take the time to get to know your agent and allow for your agent to better understand your vision and goals in purchasing your dream property.
There’s plenty to focus on in the meantime before you can visit the island to set up viewings. Learn about finance, legalities, be fully prepared for the purchase. When the time is right you will be ahead of all the finer details and can start viewings immediately, ready for the perfect opportunity.
Should buyers continue to seek a property on the market and take a ‘wait and see’ approach? or should clients be more cautious?
Now is the time, everyone is available. Learn as much as possible and plan a good selection of properties to see for your next visit. Be sure that your agent is ready and understands your requirements and contacts you as soon as a new suitable deal comes up.
Are international buyers able to proceed with purchasing a property during this time?
Yes, we have been able to work with the help of lawyers and other advisors. Notaries are open, and we can sign everything from a distance with POA.
Important Information on Mortgages in Ibiza
Will applying for a mortgage be affected by Covid-19? Will current mortgage applications be delayed for processing until the pandemic is over?
Initially banks were required to hold off processing new mortgage applications during the beginning of the state of alarm. However everything is back running again as normal. Processes might be a little delayed but everything is back on track and operating like before.
Ever since Ibiza entered the first phase of deconfinement, viewings to properties are available again and experts can continue with valuations as well.
If your personal financial situation is not affected then you should be able to proceed with your mortgage application.
I have a mortgage offer but will it expire if I don’t proceed to buy during this crisis?
The state of alarm normally postpones contract deadlines. However, each case should be reviewed and confirmed with your lending bank. To proceed at a later date should be possible due to the unusual circumstances.
Will there be any long-term consequences of coronavirus on getting an international mortgage?
This question is difficult to answer at the present time. We need to see the overall outcome in a couple of months relating to the financial world. Interest rates might vary. However, everyone is eager and intending to restart the economy as soon as possible. We will pass this crisis as we have done in the past.
Banks like many other businesses will need to adjust their working protocols to ensure mortgage applications are effectively being processed during such uncertain times. We expect to see better and improved technology and more online flexibility in this industry, just as much as we will see in Real Estate, where systems and e-working will become faster and more efficient to apply for mortgages.
Future Outlook
Do you think Covid-19 will have an impact on European and Ibiza’s Real Estate in the long-term?
It is still very early to predict the level of impact in the long-term. There will inevitably be changes and marked impressions on a global scale. However, until we understand the length of time it will take to return to ‘the new normal’, we are unable to further analyse the future of the property market.
It ultimately depends how clients are financially affected and their capacity to spend. This crisis is multifaceted and will affect the economy and individuals in many different ways.
General expectations foresee a drop between 5 and 10%. However, this is a variable figure and the impact will vary from one area to another. Recent studies show clients are now looking for more space instead of proximity to city center. This can affect the property market in cities. From this study alone, you can see some markets will suffer whereas others are more likely to benefit.
In Ibiza, as we have shown in our 2020 Market Report, the low supply versus high demand can predominantly predict sales on the island are less likely to be affected.
We are also noticing an increased interest for quieter and safer environments. It would appear the crisis has only reminded people that it might be time for a change and the island can offer their desired environment.
Exclusive places will always remain strong in difficult times. There will be some likely opportunities for buyers in the short-term, but in the long term we expect the market to recover quickly.
When will the property and tourism market start to truly see its effect of the pandemic?
We have only recently started deconfinement. The next weeks determine how quickly we return to normality. This is an unprecedented situation and we can only see in the short term at this time.
The European Union is currently discussing how to proceed with the reopening of the frontiers. Tourism accounts for about 10% of the European economy and about 25 million jobs and is therefore the interest of all parties to reactivate tourism as soon as possible.
We hope to be able to welcome you again in July, but until we know for certain let’s stay safe and keep positive. While we wait, we have adapted our way of working and you can see this on our new web page: Real Estate Virtual Technology.
We are available to advise you anytime, whether you are curious to learn more about Ibiza and its market or if you would like to do a virtual tour of one of our villas.
Here at Prestige the whole team is working everyday in preparation for when we can meet our clients. We are really impressed and motivated by the amount of messages that we receive from all of you, full of positivity and the will to pursue the dream holiday or the perfect new home in the sun.
Our team is always ready to help you along your buyers journey and ensure you discover your dream home with Prestige Properties Ibiza – contact us today
Do you have any questions or need more info? Send us a message and we will get back as quickly as possible!
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