Periodic reports on the Ibiza property market (Balearic Islands)
This page offers data-driven reports on Ibiza’s property market, consolidating key data from public sources to highlight the latest trends and developments. Illustrated with charts and infographics, these reports provide critical insights into the residential real estate market of Ibiza, with a focus on flagship municipalities such as Ibiza, Santa Eulalia del Río, San Antonio, and San José, not to mention Formentera. These reports are written for foreign investors, property buyers, vendors, professionals, and journalists looking for insight into Ibiza’s property market to help inform big decisions with important financial consequences.
Ibiza property market overview
Ibiza (Eivissa in Catalan) is a prime destination for international property buyers looking for second homes, holiday properties, or investment opportunities. Renowned for its stunning coastline, Mediterranean lifestyle, and vibrant cultural scene, the island attracts a significant share of Spain’s foreign property transactions. As one of the most dynamic housing markets in the Balearic Islands, a focused report on the Ibiza property market is invaluable for anyone with an interest in this region.
Located in the Balearic Islands, Ibiza offers a diverse range of housing options, from luxurious villas to charming apartments in historic towns. The market presents unique opportunities and challenges worth analysing. Key municipalities like Ibiza, Santa Eulalia del Río, San Antonio, and San José are among the most sought-after areas for buyers and investors. The island of Formentera is one of the most exclusive destinations on earth.
The reports cover a wide range of topics to provide a comprehensive understanding of the market, including:
- Home sales across the Balearic Islands and Ibiza
- Foreign buyers: market share, residency status, and second-home investments.
- New-build properties: sales, pricing trends, and index data.
- House prices: general trends and specific insights into flagship municipalities like Ibiza and Santa Eulalia del Río.
- Mortgage lending: base rates, borrowing costs, and their influence on the market.
- Housing starts and key factors affecting supply and demand.
Subscribing to Spanish Property Insight provides full access to exclusive data and insights, empowering you to make informed decisions about property investments, sales, or purchases in Ibiza. Stay ahead of the market—subscribe today to access the latest Ibiza property market reports.
Ibiza in the Balearic context
Most publicly available data on the property market in the Balearic Islands covers the region as a whole, making it difficult to extract insights specific to Ibiza, which accounts for just over 10% of the Balearic housing market by sales, meaning its market activity is too small to significantly influence the regional picture. As a result, trends in Ibiza may differ substantially from those observed in the Balearics overall. For instance, while home sales might decline in Ibiza, they could simultaneously increase in the Balearics, underscoring the need to examine Ibiza-specific data for an accurate understanding of its market.
Despite these differences the regional data does provide valuable context. Trends observed at the Balearic level may offer clues about the forces shaping the Ibiza market, although these indicators are not definitive. Furthermore, critical metrics such as foreign demand and mortgage activity are only reported for the Balearic region, limiting the availability of Ibiza-specific insights. Readers seeking a comprehensive overview of the Balearic property market, particularly Mallorca—which represents almost 80% of the market—can refer to the Mallorca property market report, which provides a detailed analysis of regional trends.
This report focuses exclusively on Ibiza, presenting the most relevant data available, including home sales, house prices, and housing starts. By narrowing the lens, the aim is to provide a clearer picture of the unique dynamics shaping the Ibiza housing market.
2024 H1
Ibiza property market report: First half of 2024 (H1 2024)
This report is for subscribers only. To see this report subscribe here, then login and navigate back to this page to read the report.
Go pro
Subscribe for Insight
Buying and owning property in Spain is a big decision—don’t go in blind. SPI provides premium content you can trust: exclusive reports, expert guides, and our Data Hub. Subscribe now for access to exclusive content to help you make confident, well-informed choices in the Spanish property market.
Disclaimer
These reports are prepared in good faith using publicly available data. While efforts are made to ensure accuracy, no guarantees are provided regarding the completeness, reliability, or suitability of the information for any purpose. Use of this information is at your own risk.
