Area:IBIZA TOWN, IBIZA
Investor Profile:Retirement, Worker, Holiday, Business
Category:A
Population:

 

TotalBritish
34,8002,500
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

11401525201217
Proximity to:AirportBeachNearest City
4.5 miles (Ibiza)0.25-2 milesIbiza Town (Eivissa)
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
014
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
106
Shopping:No. of Shopping CentresNo. of Markets
13
Restaurants and bars:Wide selection of restaurants in Dalt Villa (old quarter), around marina/port, and along beaches. Many restaurants and bars close during off-peak season (late October to early May).
Sports and leisure facilities:Casino complex with nightclub and restaurant at Passeig Maritim. Botafoch marina with yacht cruises. 4 further nightclubs- Pacha, El Divino, Angels and Anfora. Concerts, plays and recitals throughout the year. Expatriate theatre groups and sports clubs. Museum of Contemporary Art (in old town). Walking and hiking around rural villages further inland.
Transport:Public TransportRoads
Frequent bus services to San Antonio and Santa Eularia. Night bus (Discobus) between resort and main nightclubs during summer.Main roads from San Antonio and Sant Joan.
Crime rate:High
Main types of employmentMostly tourist sector during Summer. Also salt trade.
Future plans:New inner ring road to reduce congestion. Large auditorium.
Yield range13.3% - 15.6%
Type of propertyEntry PriceRent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield
2 bed apartment2478881700136081615.6%
3 bed apartment3098602040163297915.0%
3 bed townhouse46479027202176130613.3%
Villa54535435702856171414.9%
Demand for lettingSchool Holiday PeakPeakOff peak
HighHighMedium
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
1055
Flights scheduled from:Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Prestwick, Belfast City, Belfast International, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford
Typical cost of flights:School Holiday PeakPeakOff Peak
£282-1025£209-759£154-571
Operators:SpanAir, Air Europa, Monarch, Air France, Britannia Airways, My travel, Astraeus, Iberworld, Thomas Cook, Air 2000, Excel Airways
Description:Ibiza Town is the capital of Ibiza, one of the Balearic Islands located 52 miles from the eastern Spanish coast. Although most of the island is unspoilt with rural architecture and olive groves, resorts such as Ibiza Town are very busy during peak season.

Most residents of Ibiza live in Ibiza Town. It is essentially an old town, the old quarter being known as ‘Dalt Villa’ with narrow cobbled streets, an old medieval castle, cathedral and stone walls. The three other main districts of the town are Puig des Molins (in the hills), Sa Penya (old fishing district), and Eixample (modern quarter).

The town has a large gay and hippy population, and this is reflected in the local hippy markets. Like Majorca, property in Ibiza is relatively expensive, although prices are expected to continue rising.  This does not surprise me as the rental yields are brilliant.  Its only a matter of time before this yields are eroded away by the spiralling property prices to be seen from this area.  My advice to you is get in there quick!

One drawback of the area is that not only does Ibiza attract holidaymakers it also attracts the thieves!  Ibiza is addressing this problem and there is a stronger police presence than there was before.  Spain understand that this island is the jewel in their crown and they will do whatever it takes to protect it.

Hot Website:http://www.ibiza-spotlight.com/
Estate Agents:NameAddressTelWeb
 Fincas Eivissa

 

Carretera Ibiza - San José - Kilómetro 1,5 - Apart
Can Bellotera
tel: 0034 639 69 44 69
fax: 0034 971 39 81 85
website: http://www.fincaseivissa.com/ email: fincaseivissa@interbook.net
 Interealty BalearicsPlaza Santa Ponsa, 4
Local 1 en E-07180,
Santa Ponsa,
Mallorca
Tel: 0034 971 699 545
Fax:
0034 971 699 556
www.interealty-mallorca.com.
 Inmobiliaria Villa ContactPaseo. S'Alamera 14
07840 Santa Eulalia del Rio
Ibiza · Baleares
Tel: 0034 971 330 374 / 331 554
Fax: 0034 971 330 458
http://www.villacontact.com/

Email: info@villacontact.com

 

 BBS Consulting
Raimund Schreck-Heuer
Avda. Es Cubells 1, Edificio S'Atalaya, Bajos F
Apdo. 164
E-07830 San José, Ibiza, Baleares
Tel.: 0034 971 800 705
Fax.: 0034 971 800 664
Mobil: 0034 649 190 465
http://www.bbs-ibiza.com/eng/index_en.htm

E-Mail: bbs@ctv.es

 

Letting Agents: NameAddress TelWeb
 Houseland-co-ibizaUnknown(00 34) 9 71 31 85 39http://www.houseland-co-ibiza.com/ingles/principal.htm

Email: info@house-co-ibiza.com