Finding the right property in Ibiza can become quite tricky

Traditional Ibiza farmhouses are the right choice if you seek the quiet rural lifestyle. Privacy, seclusion and a home full of character, are the main pros of this type of properties, as well as beautiful views and plenty of outdoor space – but consider they don’t come cheap, be prepared to pay a premium to live in the countryside of Ibiza! Keep in mind that unless you buy a newly-reformed finca, it’s very likely that you’ll need to carry out some renovation works. Many of these traditional Ibiza farmhouses can be hundreds of years old, which means thick walls, small windows and modest kitchen and bathroom sizes. If you need to carry out renovation work, a disadvantage is the time-consuming process required for permission and work in general – even for small renovation. In fact you might occur in some restrictions regarding planning permission, due to the cultural heritage of the finca. But on the plus side, after all this work, you will have the house of your dreams! Also remember that fincas require constant maintenance; so a downside is the ongoing cleaning and maintenance costs associated with the everyday upkeep of this type of property.

Apartments are the right choice if you love the buzzing town-life. In the last coupe of years Ibiza has seen an increase in construction of new residential buildings, with a boom in the municipalities of Ibiza Town, San Antonio and Santa Eularia. If you want that village feeling but are looking for something a bit more quiet than the villages of Santa Gertrudis, San Joan or San Rafael are good options. Overall the cost of an apartment is more accessible than country houses and modern villas, but still well above the average price of the Spanish property market. For example a 2 bed property goes from the lowest price of around €250.000 in the North of the island, to the highest in Ibiza town of approximately €1.250.000. The disadvantage of living in an apartment is the noise of the neighbours, which can multiply in summer with rental holidaymakers. Also apartments do not give you the freedom to make many modifications to the home, but overall this is the only option available if you don’t have a big budget.