Question 1

How much do apartments in Ibiza cost?

Accepted Answer

Apartment prices in Ibiza vary considerably according to location, views, condition, terrace size and building quality. As a broad asking-price reference, many apartments are positioned around €6,800 to €7,000 per m², while Marina Botafoch and Talamanca are generally higher at around €8,000 to €9,000 per m². Premium apartments can exceed €10,000 per m² and selected high-end properties can reach approximately €12,000 to €15,000 per m² or more. Smaller apartments can start from several hundred thousand euros, while exceptional penthouses and frontline residences can exceed €3 million.

Question 2

Can foreigners buy an apartment in Ibiza?

Accepted Answer

Yes. Foreign buyers can purchase apartments and other property in Ibiza. A Spanish NIE number is generally required, and an independent lawyer should verify the legal, financial and community-related aspects of the purchase.

Question 3

What additional costs are involved when buying an apartment in Ibiza?

Accepted Answer

In addition to the purchase price, buyers should budget for taxes, legal fees, notary and Land Registry costs and, where applicable, valuation or mortgage expenses. The exact amount depends on the price and whether the apartment is a resale or a new-build property.

Question 4

What should I check before buying an apartment in Ibiza?

Accepted Answer

Buyers should verify ownership, Land Registry information, registered surface areas, possible charges, parking and storage rights, community fees, outstanding debts, recent community meeting minutes and any planned or approved building works.

Question 5

Which areas are popular for buying apartments in Ibiza?

Accepted Answer

Popular locations include Marina Botafoch, Talamanca, Ibiza Town, Jesús and Santa Eulalia. Roca Llisa can also be attractive to buyers looking for a private residential environment and proximity to Golf Ibiza. The best location depends on budget, lifestyle, sea views, beach access and proximity to everyday services.

Question 6

Are there off-market apartments for sale in Ibiza?

Accepted Answer

Yes. Some owners prefer to sell privately and do not advertise their apartments on public property portals. CW Real Estate Ibiza can also introduce qualified buyers to selected private and off-market apartments.

Question 7

Can I rent my apartment in Ibiza to tourists?

Accepted Answer

No, holiday letting of apartments in multi-family buildings is not permitted on Ibiza. Under the Balearic tourism law, very serious offences can be fined with up to €500,000, and the town halls also pursue illegal rentals as an unauthorised change of use, with fines calculated on the value of the property. Long-term rental to residents with a standard tenancy contract is allowed. Buyers who want tourist rental income should look for a detached villa with a valid licence.

Question 8

What should I check about the community of owners before buying?

Accepted Answer

Review the regular community fees, outstanding debts, recent meeting minutes, statutes, internal rules and any approved or proposed special assessments. It is also important to understand which services and facilities are included and whether major building works are planned.

84 apartments for sale in Ibiza

Apartments for sale in Ibiza - Page 5

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