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Why buy a property in Ibiza (Eivissa Municipality)?

Ibiza Town, otherwise known as Eivissa, is the smallest of the five municipalities on the island, situated on the south-eastern coast. It shares borders with Sant Antoni de Portmany, Santa Eulària and Sant Josep de Talaia. The capital city spans 11.14 km², with an estimated population of 49,727 out of the island ‘s total population of 147,914.

The municipality of Ibiza Town is divided into two main sections: ‘The Old Town’, known as Dalt Vila (literally meaning ‘upper part’), which sits atop a small hill overlooking the sea, and the modern extension, "Eixample" (meaning ‘extension’). Among local Ibicencans, the city is often referred to as Vila d’Eivissa or simply Vila (meaning ‘town’).

Dalt Vila (The Old Town) is a designated UNESCO World Heritage Site, renowned for its stunning historical architecture, monumental castle grounds and a central Roman Catholic Cathedral, Santa Maria d’Eivissa. The Old Town is a labyrinth of charming cobbled streets, offering an abundance of cultural sites, including boutique shops, bars and restaurants. It also features beautifully restored homes alongside authentic, historic residences that have been passed down through generations of Ibicencan families.

The modern extension of Ibiza Town features a picturesque main square, Vara de Rey, as well as a vibrant harbour-front promenade, traditional whitewashed buildings and cobbled streets lined with a variety of retail shops, restaurants, cafés and bars. This area attracts a diverse mix of residents and visitors. A more contemporary high street extends from the port, offering a range of well-known European retail chains, banks, pharmacies, food markets, homeware stores and all the necessities for modern-day living.

The streets of Ibiza Town remain lively and energetic throughout the year, with most retail and dining establishments open in all seasons. However, when summer arrives and tourists begin to flood in, the city takes on a dynamic and exhilarating atmosphere. The nightlife becomes a hub for clubbers, celebrities, high-profile clientele, yacht enthusiasts and fashion influencers from across the globe.

Just a short drive away is Marina Botafoch, an exclusive VIP area home to an array of luxury motor yachts, superyachts, and an opulent collection of high-end apartments and penthouses overlooking the waterfront.

Additionally, Ibiza Town boasts two main beaches—Talamanca and Figueretas. Both are stunning and highly sought-after destinations, frequented by both tourists and residents alike. These areas offer a broad selection of hotels, from local boutique stays to luxurious resorts, as well as a variety of rental villas, making them attractive to visitors year-round.

With its rich Mediterranean history, ancient architecture, picturesque seafront, beautiful beaches and cosmopolitan nightlife—including some of the island’s most iconic nightclubs—Eivissa offers an unparalleled and versatile lifestyle.

Purchasing property in Ibiza Town presents an array of opportunities for families, holiday home buyers, young and retired couples, individuals, buy-to-let investors, and those seeking high-profile, secure residences.

Prospective buyers in Eivissa typically explore six distinct areas: Dalt Vila and the surrounding city centre, including Ibiza Marina, Marina Botafoch (Paseo Marítimo), Talamanca (Illa Plana), Figueretas (Los Molinos) and Can Misses.


Dalt Vila (Old Town), City Centre and La Marina

Dalt Vila, situated atop a small hill known as Puig de Vila, is undoubtedly Ibiza’s most significant cultural and tourist attraction. This spectacular walled city stands as a living archive of the various civilisations that have shaped the island’s history, crowned by its distinctive hilltop cathedral.

Dalt Vila is the only fully preserved Renaissance fortress in all of Europe, alongside Valletta on the island of Malta, earning its designation as a UNESCO World Heritage Site in 1999.

There are two main entrances to the Old Town, the most frequently used being a historic stone drawbridge that ascends a steep incline through the Portal de Ses Taules, leading directly to Plaza de Vila.

This central square is beautifully paved with cobbled streets and lined with charming al fresco restaurants, unique boutiques, and artisan shops. The second entrance provides access to The Contemporary Art Museum, where visitors can explore the underground remains of an ancient Phoenician dwelling.

The city tells a story of its own. A journey to the hilltop unveils exhibitions of historical architecture, memorial statues, and relics from the island’s Phoenician past, now seamlessly integrated into a modern, picturesque cityscape.

At the summit, breathtaking panoramic views stretch across the town below, the marina, Ses Salines, the island’s vast landscapes, and even as far as Formentera. Although the climb is steep and demanding, the experience is truly unforgettable and a must-see when visiting Ibiza.

Properties for sale in the Old Town and the lower city centre include modern converted apartments and 20th-century townhouses, particularly along Vara de Rey’s main boulevard. Prices for apartments in this area typically start at €6,000 per m², with an average property price of €700,000. Compared to the city centre, real estate in Dalt Vila is valued at nearly twice the market price. However, the area is steeped in history, boasts unique architectural charm, and offers spectacular sea and city views, making it highly desirable. The neighbourhood primarily attracts high-profile buyers, including those seeking luxury holiday homes or investment properties for rental purposes.

Dalt Vila night view

Marina Botafoch (Paseo Marítimo)

One of the most frequented areas of the city is Paseo Marítimo, a long waterfront promenade where both locals and tourists alike enjoy leisurely strolls, skating, running, cycling, or simply passing through en route to Marina Botafoch.

This vibrant strip is lined with prestigious establishments, including the luxury five-star Ibiza Ibiza Gran Hotel, Ibiza´s Casino, Hotel Pacha (adjacent to the iconic Pacha Ibiza nightclub), and the renowned Heart Ibiza. These venues are set against a stunning backdrop, with breathtaking views of Dalt Vila across the shimmering Mediterranean Sea.

Marina Botafoch is a hotspot for VIP clientele, home to an array of upmarket restaurants, cafés, and bars, including La Gaia by Óscar Molina, Novikov Ibiza,  Lío and IT Restaurant. This area boasts some of the most stunning luxury apartment buildings on the island, offering spectacular views over Dalt Vila and the harbour. Situated within walking distance of Ibiza Town and Talamanca Bay, Marina Botafoch appeals to a broad range of buyers and renters, particularly high-profile individuals, families, and lifestyle holiday home seekers who prioritise secure residences with concierge services.

Properties for sale in Marina Botafoch typically command around €7,000 per m², with the average property price reaching €950,000.

Marina Botafoch Apartamento Las Boas Dalt Vila Vista

Over the past few decades, Marina Botafoch has evolved into one of the island’s most exclusive destinations, hosting some of the most prestigious social hotspots and globally renowned nightlife venues. With a wealth of luxury rental apartments available for long-term stays, this sought-after area continues to attract affluent residents and investors from around the world.


Marina Botafoch

Talamanca

The stunning resort of Talamanca is home to Ibiza Town’s most popular beach. Located just a short fifteen-minute walk from the city centre and Marina Botafoch, Talamanca offers a tranquil retreat away from the hustle and bustle.

The bay of Talamanca boasts a long, wide beach with shallow, calm, crystal-clear waters and soft white sand, making it a versatile and much-loved spot for both visitors and locals alike.

During the peak summer months, Talamanca Beach becomes a lively haven for sun-seekers and cosmopolitan visitors. However, despite its popularity, the area retains its authentic bohemian charm, with surprisingly few high-rise developments overlooking the coastline.

Talamanca is also home to a diverse selection of excellent bars and restaurants, scattered along the beach. Many of these establishments remain open throughout the year, making the area a popular residential hub during the winter months as well. From traditional Mediterranean eateries to laid-back beach shacks, visitors can expect high-quality menus, great variety, and a vibrant atmosphere.

One of the most iconic spots in Talamanca is The Fish Shack, a small yet famous rustic "chiringuito", offering a simple yet authentic Ibizan dining experience. With its no-frills approach, this charming beachside eatery serves freshly caught fish of the day, making it a favourite among both locals and international DJs, who claim it serves some of the best seafood on the island.

The incredible Nobu Hotel Ibiza, which overlooks Talamanca Bay, has been elegantly designed to complement its surroundings. Featuring natural wood finishes and artisan ceramics, the luxury resort perfectly embodies the island’s aesthetic. This stylish retreat attracts high-profile guests and extends the exclusive reputation of the Marina Botafoch area.


Illa Plana – A Unique Part of Talamanca

Within the Talamanca area lies Illa Plana, a former island that was once separated from Ibiza’s mainland but later became naturally connected. Illa Plana acts as a divide between the port of Ibiza and Talamanca Beach.

After merging with Ibiza, Illa Plana became more accessible, and during the latter half of the 20th century, residential development began. Today, Illa Plana is a fully urbanised neighbourhood, renowned for its exclusive cliff top villas and luxury rental properties in the Talamanca area.

Talamanca is a highly desirable location for those looking to purchase property near Ibiza Town, offering easy access to unspoilt countryside, picturesque beauty spots, and stunning beaches. The area strikes a perfect balance between a family-friendly atmosphere and a stylish summer destination, complete with a welcoming local community.

Talamanca boasts an impressive selection of modern Mediterranean-style villas, as well as a growing number of new apartment developments currently under construction.

Many of the larger villas in Talamanca feature breathtaking sea views, making them particularly attractive to lifestyle holiday home buyers and buy-to-let investors. In comparison to other parts of Ibiza Town, this area is especially popular among singles and retired buyers seeking a tranquil yet trendy place to call home.

Apartments in Talamanca are priced at approximately €6,500 per m², with average property prices ranging between €700,000 and €1 million.

Talamanca Ibiza - Adosado Maspalomas Illa Plana

Figueretas (Los Molinos)

Figueretas Beach (Ses Figueretas) is considered the second most popular beach in Ibiza Town. This lively resort area features a recently renovated promenade and enjoys a prime location close to the city centre, as well as the sought-after areas of Talamanca Bay and Playa d’en Bossa.

The beachfront promenade offers spectacular views of the Dalt Vila mountainside and Ibiza Old Town, with a variety of hotels, bars, and restaurants along its length. Visitors can also take advantage of water sports activities and regular ferry services, providing easy access to the town during the summer months.

At the height of the season, Figueretas becomes a vibrant hub, with artisan market stalls and a welcoming, family-friendly atmosphere. The area has everything needed to create the perfect small resort experience, catering to both tourists and residents alike.

Figueretas is especially popular among young couples, families, and buy-to-let investors, thanks to its local community feel and convenient location.

Property prices in Figueretas are typically around €5,500 per m², with apartments averaging between €500,000 and €700,000.


Ibiza Town

The main city centre is predominantly home to couples and single buyers, many of whom are already local residents on the island. This area attracts working professionals seeking affordable, accessible, and convenient properties in a highly cosmopolitan environment.

Most properties sold in Ibiza Town’s city centre are apartment complexes, ranging from older buildings to newly built residences. Compared to other districts of the city, the city centre typically offers a wider selection of properties, especially within older buildings, making it an attractive option for prospective buyers.

Apartments in Ibiza Town are priced at approximately €4,500 per m², with average property prices around €350,000.

Apartamento España Uno Ibiza

Can Misses

Can Misses is effectively part of Ibiza Town’s city centre, or more specifically, the north-western outskirts that extend beyond the main urban area, situated next to the main highway. This location is ideal for those who wish to be within walking distance of the city centre while avoiding traffic congestion and benefiting from quick and convenient access to the rest of the island, including unspoilt countryside, scenic beauty spots, renowned restaurants, and stunning beaches

The local community and buy-to-let investors make up the majority of buyers in Can Misses. Apartments in this area are priced at approximately €6,200 per m², with an average value of €700,000. Villas typically range between €1.5 million and €2 million. At present, Prestige Properties has only one property available on the market in Can Misses.

Thinking About Purchasing a Villa in Ibiza?

The city centre of Ibiza Town, along with Can Misses and Figueretas, presents excellent opportunities for young couples and local residents looking for affordable apartments. However, property prices are rising steadily, reflecting the island’s increasing demand.

Both Marina Botafoch and Dalt Vila (the Old Town) are highly sought-after and more expensive areas, attracting a cosmopolitan and high-profile clientele, particularly luxury second-home buyers and buy-to-let investors.

Many families are drawn to Talamanca, an area known for its spacious, family-friendly apartments close to the beach. Talamanca also offers easy access to nurseries, schools, and a range of cafés and restaurants, all while allowing residents to enjoy the perks of city life.

Although demand is high across the city, the city centre offers slightly more flexibility. However, it may not suit everyone’s preferences. In general, much like other European cities, Eivissa caters to a wide range of lifestyles and property needs.

If you’re thinking about buying a property in Ibiza Town, why not explore our exclusive listings? Ibiza Exclusive Properties.

Our team is always on hand to guide you through your buying journey, ensuring you find your dream home with Prestige Properties Ibiza. Get in touch with us today!


Finding a Holiday Rental While Checking Out Ibiza Properties?

We have recently expanded our portfolio of luxury holiday villas. Book your Ibiza holiday villa with us, and we’ll be delighted to arrange property viewings for you during your stay.

If you’d like to experience one of our stunning villas in Ibiza Town during your 2025 Ibiza holiday, take a look at what’s on offer below:


Can Savina

Can Savina is a charming finca nestled in the peaceful countryside between Santa Gertrudis and Ibiza. Renovated in 2023, it blends authentic character with modern comfort, featuring five elegant bedrooms, including a master suite with a private living area and outdoor shower.

Set on 8,000 m² of lush gardens with lemon, olive, and orange trees, the finca offers multiple terraces, a large pool, a jacuzzi, and a covered dining area with a barbecue. Its first-floor views stretch over the countryside to Ibiza’s old town and the distant sea.

Ideally located just minutes from Ibiza Town, the port, and nearby villages, Can Savina also provides easy access to scenic walks, a horse-riding center, and the island’s best beaches. With daily cleaning included, it’s a perfect retreat for a relaxing yet well-connected holiday.

villa-ambre-ibiza

Wave

Wave is an extraordinary luxury villa, built in 2019, that offers breathtaking sea views and a modern design near Ibiza Town and the marina. Constructed with top-quality materials and state-of-the-art technology, it provides a refined and secure living experience, with an automatic gate, illuminated driveway, and full CCTV surveillance. Floor-to-ceiling sliding doors flood the living spaces with natural light and showcase panoramic views of Formentera and Ibiza Town.

The villa features five elegant bedrooms, including two master suites, all with high-end box spring beds, air conditioning, underfloor heating, and Netflix access. A designer kitchen is fully equipped with premium appliances, while the outdoor area boasts an infinity pool with a heating option, a chill-out zone with a fireplace, and al fresco dining for up to 16 guests.

For added comfort, the villa includes a professional gym, an independent office, Sonos sound system, e-bikes, and SUP boards. With a dedicated house manager and extra staff, plus easy access to Ibiza’s best beaches, Cap Martinet, and Santa Gertrudis, this villa is the perfect retreat for those seeking luxury, privacy, and exclusivity.

Can Rebecca Ibiza

Villa Elefante

Villa Elefante is a modern villa with stunning views, a private pool, and minimalistic interiors, offering both tranquility and proximity to Ibiza Town. Featuring a sleek Porcelanosa kitchen, spacious living areas, and four elegant bedrooms, including a luxurious master suite, it is designed for ultimate comfort and style.

Each bedroom has an en-suite bathroom, with the master suite offering a lavish bathtub, walk-in closet, and breathtaking views. The outdoor area is perfect for relaxation, with a 10×4-meter saltwater pool, sun loungers, a chill-out space, and a Genesis Weber BBQ for al fresco dining. The villa is fully fenced and secured with CCTV and smart home technology.

Ideally located, Villa Elefante is minutes from Ibiza Town, Talamanca Beach, and Marina Botafoch, with easy access to top dining, nightlife, and nature spots. A perfect retreat for those seeking luxury, privacy, and convenience.

Can Diana Ibiza

Stay Connected & Explore More Areas in Ibiza

Curious to learn more about the municipality of Sant Josep de Sa Talaia? Check out our latest article Why Buy a Property in Sant Josep de Sa Talaia?

For regular updates, recommendations, and experiences, be sure to keep up to date with our latest news via our social media pages and blog posts.

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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