
The market of property in Ibiza is slightly returning to life being refreshed by Mediterranean breeze and overseas clients, looking for seaside second home option. Experts comparing the current sales volumes with the last two or three years are concerned that global market downturn has slowed and island property segment feels even more confident than the Spanish mainland does.
The buyers, looking for Ibiza property for sale are returning as the economy in the USA, China and Northern European countries is gradually increasing. In the previous years the customers demand was hampered by the banking and credit crunches, but today investors looking for property to finance are in much better positioning.
Ibiza is often called the party island as it’s the hot spot destination for clubbers from all over the world, coming there for electric parties, world’s best DJs and nightlife. They are mostly searching Ibiza real estate for sale near Nikki Beach, Playa De-En Bossa and Santa Eulalia with its classy sun-beds, lounge music and sushi bars. Roca llisa, Cap Martinet and Cala llonga offer magnificent country landscapes, unspoilt beaches, remote rocky coves and crystal sea for snorkeling or windserfing. There is another area, hidden in the middle of the island that would definitely please those, buying property in Ibiza for peace and calm vacations.
A magnificent Cala coral is build with several newly developed residential complexes. Apartments there include panoramic sea and mountain views, interior design, equipped bathrooms, fully furnished kitchen and private pool. The total area of 4 bedroom apartments starts from 150 sq. m/ and the price asked for that luxury is about €300,000. The same sum is enough to buy a detached house of 130 sq. m. with land plot San Joan. 3 bedroom apartment of modest 100 sq. m. area in La Torida with 2 bathrooms, open kitchen and spacious terrace worth €495,000.
The luxury segment of property for sale in Ibiza is the most stable as many prefer to pay in cash and are ready to buy liquid objects which today are more affordable than used to be six years ago, when the market boom took place. The typical purchase is high-end house in the city suburb with great sea-view and private pool. Ibiza likes those who have a fat purse.