Overseas property news - Guide to buying luxury property in ibiza

Guide to buying luxury property in ibiza

 

Luxury real estate experts Unique Living offer tips and advice on the world's top high-end real estate hotspots.

Partying is the main "p" word associated with the stunning island of Ibiza. But as well as the buzzing nightlife, busy beaches and thriving tourist industry, there is another, quieter side to the Balearics' most popular destination - one that for many discerning house hunters makes the main "p" word associated with Ibiza something else entirely: property.

Interested in moving to the Balearics? Here is Unique Living's guide to Ibiza">luxury property in Ibiza:

Vital Statistics

Average property price

€1.5m - €7.5m

Style of property

Villas

Who's buying

Celebrities

 

Background Information

Climate

The third largest of the Balearic Islands, Ibiza's Mediterranean climate Sees the sun shine on its residents for way over 2,000 hours every year. Rainfall may occur outside of summer months, but the peak temperatures of 30°C and bright beaches all justify the island's reputation as the party capital of the world.

Lifestyle

Ibiza is renowned as the party capital of the world - and in many ways it still is. But the island's laidback lifestyle is just as important for those who live here: a peaceful place with everything from jaw-dropping coastlines and quiet countryside to busy towns and, of course, that lively nightlife.

Economy

One of the main playgrounds for the rich and famous, Ibiza's economy is far more resilient than mainland Spain. Homeowners who sell their property don't have to, which means real estateholds its value (depending on the location), underpinning the upmarket finance of the area.

 Insider Knowledge

"If I were going to buy a luxury home in Spain, I would buy it in Ibiza. The quality is incredible - very modern.  Plus the people who tend to buy the property in Ibiza are... how do you describe them? Cool. Successful DJs and wealthy footballers. They tend to be, just, cool. It's one of my favourite markets! "

For more on luxury property in Ibiza, visit www.UniqueLiving.com or click here.

 

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