Hi Stephen thanks for this.....
Yes please send details, much appreciated. Terrier is right I have hit the jackpot and within minutes of asking the question too!
Terrier,
That is a good question.... we came over earlier in the year and arranged to rent an apartment from the begining of June. We paid a year in advance because our German landlord doesn't trust the British. The good thing that came out of this is that we don't have to worry about acommodation for the next year. We owned a flat in Maida Vale (London) and we sold it in July pocketing a reasonable profit which we hoped would go some way to buying into a business here. We planned to use ten grand of it to last us for the next year. However, when my wife gave her notice in, her boss asked her if she'd be prepared to work part time from Ibiza on a reduced salary. Consequently we don't have to touch any of our house money although we are living on a tight budget.
Although we've hit the ground running, my wife's company is going through changes and we expect that her job will go completely by the end of the end of the year and we'll have to find some other form of income. We've only been here a few weeks and already we can see that the opportunites that seemed limitless in April are not so great. We'd looked into buying a bar back then but I can't believe how quiet Ibiza is at the moment. We were in Ibiza town on Sunday night at around midnight and we were the only customers in Base while Rock (next door) was empty - hardly the mad frenetic pace that we'd hoped for. But then considering the prices that they charge maybe they are getting their come uppance!
A lot of the bar and restaurant owners that we have spoken to are complaining of low levels of custom this season and that is bound to affect all other types of businesses. So, we are spending our time looking around and hoping that something will come to us, not an exact science but all that we can come up with at the moment. Fortunately we aren't tied to anything in the UK and so if things don't work out here we can head to the mainland. We both love it on the island though and we'll do all that we can to make sure that we can stay here. One thing is for sure there is no way that we are going back to the UK!