Ibiza Real Estate Market Price development 2008/2009

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    I bought 2 beach side first line apartments off-plan in Playa d’en Bossa in 2007 and I am hoping to take delivery of them during this year.
    The 2 developments in which I bought are Ibiza Royal Beach and Bossa Del Mar and they were roughly EUR 450K each.

    Since market information about Ibiza is a bit thin spread in the property insight bulletins, I was hoping if someone could tell me if these properties have lost their value since I bought them as have many other properties in Spain.

    With all of the bad news coming from the mainland and also Mallorca I am very worried about the value of my properties when I take delivery of them later this year… 😯

    Thanks in advance for any useful info that you guys can provide!


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