Ibiza Real Estate Report

Key Takeaways

Prices are starting to soften in the higher end of the market

Residential home sales are picking up after a soft 2024

Listed offerings fall slightly

Residential mortgages increase in numbers, but average mortgage size falls

Forecasts

We expect to see real prices, in the top tier, consolidate over the next 12 months with light pressure on the downside 

Transactions seem to be picking up, less so in the higher end of the market

2025 will be a softer tourism season, with an overall fall in rental yields and shorter stays

Some Stats (Balearic Islands)

30% home purchases are non residents

20% are new builds

Average size 108 m2

70% are mortgage finance