About Us
White Island Realty was established in Ibiza in 2013 by a group of highly experienced professionals.
Hailing from the investment banking, real estate & capital markets industry as well as the leisure & hospitality sector, all with a deep network, a wealth of experience and extensive knowledge of the island.
Sharing the conviction that there is a real need for a completely different approach to how individuals and investors are advised, serviced and supported when considering the purchase of a premium property in Ibiza.
We work diligently and closely with our customers throughout the entire process of the transaction.
We provide tailored advice and help you navigate through the search, identification, valuation, execution and closing of real estate transactions.
The group has a strong commitment to bespoke services delivered in a transparent, unbiased and professional manner.
Experience
The team is led by Clive Heathcote, a graduate from the London School of Economics with over 30 years of experience in Banking and Real Estate.
A resident in Ibiza since 2010, fluent in English, Spanish, Italian and French and worked previously in London, Paris and Madrid.
Our offices are conveniently located in Ibiza town close to the Marina and the public parking
Our experienced team is multi lingual, multi disciplinary and provides full support and a vetted network to cover the full spectrum of all your real estate needs.
Legal – Financial – Architecture – Building & Construction – Engineering – Landscaping
Visit our sister company Houses in Ibiza and explore a collection of Exquisite Villas for Summer Rentals in Ibiza
FAQs
While an agent focuses on listing and showing properties, an advisor provides a comprehensive strategy. This includes market analysis, technical due diligence, and identifying off-market opportunities through a discreet network.
Yes. Most reputable advisors collaborate island-wide to ensure clients have access to the broadest possible selection of properties, regardless of which agency holds the listing.
Yes, there are no restrictions on foreign ownership in Spain. However, non-residents must obtain a Spanish NIE number (tax ID) and open a local bank account. Non-EU buyers may also require a military permit depending on the location of the land.
Buyers should budget an additional 10% to 15% for taxes and fees. This typically includes:
Property Transfer Tax (ITP): 8%–11% for resale properties.
VAT (IVA) & Stamp Duty: 10% VAT + ~1.5% Stamp Duty for new builds.
Notary and Registry Fees: ~1.5%.
Legal Fees: Usually around 1% of the price.
Yes, Spanish banks typically offer 60–70% financing to non-resident buyers.
Sellers are generally responsible for:
Capital Gains Tax: Non-residents pay a flat 19% on profit.
Plusvalía: A municipal tax based on the increase in land value during ownership.
The standard commission is 5% of the final sales price (plus 21% VAT), typically paid by the seller.
What documents do I need to sell?
Essential documents include the Title Deed, a valid Certificate of Habitability (Cédula de Habitabilidad), and an Energy Efficiency Certificate.
Only properties with a valid tourist license (ETV) can be rented short-term (under 30 days). Currently, Ibiza property regulations generally prohibit licenses for apartments and townhouses, favoring independent villas that meet specific safety and age requirements.
Absolutely. Due to the high number of properties with irregular planning permits or debts, a lawyer is essential for verifying legal status and protecting your investment.