Buying real estate in Ibiza: The most important advantages of the location

The high quality of life on Ibiza can be traced back to a combination of various factors. The around 150.000 inhabitants appreciate the island because of the beautiful nature, over 52 gorgeous beaches and around 300 days of sunshine. Therefore, it's obvious that Ibiza is also in great demand as a location for the purchase of real estate by nature-loving property prospects and those who prefer mild temperatures all year round. The Real estate agents at Engel & Völkers Ibiza know the diverse advantages of the island and will be happy to present you with a selection of the convincing reasons for the purchase of a villa or an apartment, a house or a flat or a rustic house on Ibiza. In this context, we would like to present you with some relevant information from our current market report 2023, which our brokers believe is helpful for your purchase project.

Market report 2023: Ibiza moves with strong advantages to property purchase

If you are considering buying a villa, an apartment or a rustic house, our real estate agent Engel & Völkers Ibiza believe you are making a great choice with the real estate location Ibiza. Prospects of a high quality of life and living motivate numerous prospective buyers to buy real estate, which is also evident from our current market report. For example, if we take a look at the island's infrastructure, it is characterized by constant development: Ibiza's main road was recently extended to Santa Eulalia, giving Ibizans excellent transport connections. Anyone who mainly travels by bike will benefit from the expanded cycle paths. A new cycle path through Ibiza Town is currently being completed, which will make it even easier and safer for cyclists to get to Sant José and Santa Eulalia in the future.

For those who like to be active and want to buy a flat, a rustic house or an apartment on Ibiza, the island also has various options for physical activity. There are more than 200 km of cycle paths that lead you through the picturesque Ibizan countryside. There are also 676 hiking trails, so even passionate hikers choose Ibiza as the right location for buying a villa or other property. Favorite hiking destinations are e.g. the Torre des Savinar, a watchtower from which you can enjoy an impressive view of Es Vedrà and the stone bridge Puente de Piedra in Cala d'Albarca. The highest mountain in Ibiza, Sa Talaia, is also a popular destination for hikers and offers many hiking trails for beginners and professionals. If you are more interested in yoga, Ibiza offers the best conditions for this hobby with more than 80 yoga centers.

Ibiza is also an ideal location for yacht owners looking for real estate. In this regard, the Balearic island offers perfect opportunities such as the marina in the historic center of Ibiza. Here you can moor your yacht centrally, the harbor is characterized by 89 spots for yachts with a length of up to 60 meters and a depth of 10 meters. With providers such as Marina Ibiza and Ibiza Magna, the island also has excellent mooring opportunities for larger yachts with a length of up to 185 meters. According to the Engel & Völkers Market Report 2023, Ibiza also scores in the area of air traffic, as in the year 2022, the passenger movements in the island's capital reached a record amount of over 8 million.

As a location for buying real estate, Ibiza is convincing worldwide

The fact that Ibiza is already enjoying great popularity as a real estate location is also confirmed by our market report: Transactions for houses have increased by 38 percent, and for apartments by 40 percent from 2019 to 2021. The clientele is mostly international. The high number of visitors to the Engel & Völkers website also speaks for a general increase in interest in buying real estate on Ibiza.

Ibiza continues to respond to the high demand for high-quality real estate with numerous new construction projects. This includes modern residential complexes and penthouses near Ibiza Town, as well as spacious villas in the south and east of Ibiza. According to real estate agent Engel & Völkers Ibiza, 2023 is the perfect year to buy a property in Ibiza, as some new construction projects will still be completed this year. Already in 2022, property prices on the Balearic Island rose significantly - there was an observed price increase of approximately 14 percent for apartments in the Eastern region. Also, for 2024, real estate agent Engel & Völkers Ibiza predicts a steady rise in property prices.

Property owners in Ibiza enjoy a variety of leisure activities

If you buy a villa, rustic house, apartment or house on Ibiza, the island offers you a wide range of options for spare time activities. Do water sports such as kayaking and jet skiing, snorkeling or diving. The idyllic bays provide good conditions for this and also invite you to relax in a quiet atmosphere. The trendy sport of stand-up paddleboarding, which combines relaxation and sport, is also possible on Ibiza. Paddling along the beach promenade of San Antonio or Santa Eulària is particularly beautiful. Another pastime that is very popular with Ibizans are the various flea markets. A well-known flea market is Las Dalias de Ibiza, which takes place every Saturday in the hippie village of San Carlos. From works of art and souvenirs to natural remedies, visitors will find everything their heart desires here.

For nature lovers who want to buy a property in Ibiza, real estate agent Engel & Völkers Ibiza also recommends the Ses Salines nature reserve. It extends between the south of Ibiza and the north of Formentera and impresses with wetlands, lagoons and a diverse fauna. In addition to turtles and iguanas, you will also find flamingos and other bird species here. As a culture-loving real estate prospective buyer, after purchasing a villa or apartment, you can look forward to Time & Space, an outdoor art installation by Andrew Rogers. This consists of basalt stones and represents the solar system. Also worth seeing is the Torre des Molar near Port de Sant Miquel or the Torre des Carregador, two impressive watchtowers, each of which promises a stunning view of the sea.

Pure relaxation: Fantastic beaches on Ibiza ensure an excellent quality of life

The numerous beautiful beaches of Ibiza are also part of your everyday life and offer you pure relaxation when you buy a villa, a flat or an apartment in Ibiza. The Cala de Sant Vicent on the north coast of Ibiza is particularly paradisiacal and is therefore considered one of the most beautiful beaches on the island. It is characterized by white powder sand and blue water and is surrounded by hills. Here you can not only relax in the water, there are also pedal boats and diving schools. You can also enjoy cool drinks and delicious snacks in the restaurants and bars on the nearby promenade.

Another notable beach is Playa d'en Bossa, also known as a party beach. It is three kilometers long, making it the longest beach in Ibiza. On Playa d'en Bossa you can expect not only beach loungers and sports facilities, but above all the best conditions for a varied nightlife: Visit the numerous bars and clubs, one recommendation is i.e. the "Bora Bora". If you like it more relaxed, then the beautiful beach of Sa Caleta is just right for you. It offers a peaceful atmosphere and is located in a bay reminiscent of the shape of a horseshoe. As you can see, buying a property in Ibiza will be worthwhile for you because the island offers opportunities for relaxation and various activities.​

Are you convinced of the numerous advantages that Ibiza offers you as a location for your new property? Then contact the real estate agent Engel & Völkers Ibiza now and buy your dream property on the popular island with our expert support. Our real estate agents will be happy to show you high-quality houses, apartments, flats, villas andrustic houses and will respond to your personal ideas. Visit us in our real estate shops.