Buying Property in Ibiza?

diver

diver

Well-Known Member
The Balearics seem to have higher prices than the rest of Spain.

Does this make Ibiza a sensible place to buy a property?

Lots of variables on this, but with a weak Euro I can certainly get more for my pound. Is it a good time to buy in Ibiza? (sub 200k euros)

I have noticed a lot of real estate that has been on the market for some time. Are there any bargains to be had?

(just a general buying property in Ibiza discussion really)
 
The Balearics have tended to have higher prices than most places, for many years. They are unlikely to ever drop to below mainland prices. There are some houses on the mainland that are far cheaper but are also a long way from beaches, shops, airports, council offices, clubs and are sometimes a very long way from a tarmac road.

There are bargains here and now is the time to buy.
 
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i'd say ibiza property prices are higher than the other balearics which is why when i downsize, it will be to mallorca.
 
if you look round there are 1000;s of apts for sale all over.some your looking at 450k.Right on the beach front on pbd.Been like that for years.Built before the economy fell.Ok there are lots of houses for sale.inland
 
woodruffe said:
if you look round there are 1000;s of apts for sale all over.some your looking at 450k.Right on the beach front on pbd.Been like that for years.Built before the economy fell.Ok there are lots of houses for sale.inland
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450k is a lot out of my price range!!

Wanted something about 150k with 2 beds???
 
you might a small flat for that.your looking at inland then.best to google a few firms.see what they come up with.
 
Have a look at ibizavillas.net Gail is the lady who owns the estate agents and was so lovely when we bought our apartment last year , she has lots for sale in all price ranges and really went out of her way to make the process run smoothly. She is based in Santa Eulalia next to the Royalty .
 
woodruffe said:
you might a small flat for that.your looking at inland then.best to google a few firms.see what they come up with.
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Cheers woodrufe

morrisregal said:
Have a look at ibizavillas.net Gail is the lady who owns the estate agents and was so lovely when we bought our apartment last year , she has lots for sale in all price ranges and really went out of her way to make the process run smoothly. She is based in Santa Eulalia next to the Royalty .
Click to expand...

and thanks again, will take a look.
 
the new apartments next to El Hotel Pacha are asking for 480K+ euros for a 1BR. Recession in Spain????
 
I have a friend who got a 1-bedroom flat in Santa Eulalia, 5 mins from the beach, for EUR 100k. There are definitely bargains to be had.
 
these atps are 3/4 empty.been like that now for two years.nice but far too much asking price.in pdb

2iho0ib.jpg
 
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