Illegal beach huts demolished in Ibiza
World famous party island Ibiza has been demolishing illegal properties with alacrity recently. The other day the island’s authorities demolished a minor-music celeb’s multi-million Euro villa, now they have turned their attention to 14 beach huts mainly used to store boat. They were all knocked down earlier this month.
Spanish authorities demolish celeb’s multi-million Euro home in Ibiza
The Spanish authorities have set about demolishing another foreign-owned home built with consent from the local town hall, this time in Ibiza. As you might expect from an island world-famous for party glamour, the doomed house has a multi-million Euro price tag and belongs to a music celeb.
Engel & Völkers Balearic Islands mid-term second home market report
A summary of Engel & Völkers’ latest report on the Balearic Islands’ (Mallorca & Ibiza) second home market, based on sales figures from their 29 offices throughout the islands.
High end market (over € 1million plus) remains buoyant
Fewer sales but higher value
Lower end market slow and reduced demand for apartments
Correct pricing is now key to faster [...]
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