Property prices in Ibiza

Ibiza is one of Europe’s most prestigious and expensive resort destinations, attracting both tourists and investors with its stunning landscapes and vibrant social scene. The island’s real estate market is known for its high prices and strong demand.
Property Prices
• Secondary market: Studio apartments of approximately 40 m² start at €250,000.
• New developments: Similar-sized apartments in new buildings range from €500,000 to €550,000.
• Luxury properties: High-end villas and houses can cost several million euros, particularly in the island’s prime areas.
Price Distribution by Region
• San José (Sant Josep): This area features upscale homes near the sea, with prices starting at €1 million.
• Santa Eulalia del Río: A favorite among wealthy expats, offering luxurious villas with stunning sea views.
• San Antonio (Sant Antoni): Popular with young people and investors due to high rental demand and opportunities in commercial real estate.
Investment Appeal
Ibiza is considered a profitable location for real estate investment. The steady influx of tourists ensures year-round demand, and properties on the island maintain high liquidity. Investors can earn returns through both rental income and property resale.
Market Characteristics
• Ibiza’s real estate market is resilient to economic fluctuations.
• High demand is driven by both tourists and international buyers.
• Limited supply of properties fuels price growth, making affordable housing nearly nonexistent.
Rental Market
Thanks to Ibiza’s popularity with visitors, the rental market is very active. Short-term rentals are particularly lucrative, offering returns of 5–6% annually or higher.
Conclusion
Real estate on Ibiza is not just a comfortable place to live but also a valuable asset for investors. Despite its high prices, the island offers a wide variety of properties, from compact apartments to luxury villas. With robust demand and stable rental yields, Ibiza stands out as a prime destination