Reasons to invest in buying real estate in Ibiza
The latest studies indicate that in 2019 the average return on investment in housing has been 7.4%. We tell you what other reasons you have to take into account if you are thinking of buying a house in Ibiza as an investment.
There are many reasons to live on our island. Its good accessibility (both by air and sea), the excellent climate it enjoys, the impressive natural landscapes and marine environments, the vast number of beaches or the high level of its cuisine and nightlife, ... Who wouldn't want to live in a place like this?
But beyond the quality of life it offers, is it worth investing in housing in Ibiza? We leave you with some factors that in our real estate agency we believe are essential to make the right decision:
1) HIGH DEMAND AND LIMITED SUPPLY
Ibiza, because of its condition as an island, has a very limited territory and possibilities of growth. This fact means that in recent years the demand for property has shot up, while the supply has stagnated. An investment in housing is almost synonymous with profit.
Moreover, recent data show that there is a tendency for the demand for rental housing to grow. Buying to rent in Ibiza is a very good option if we want to guarantee a successful investment.
2) SECURITY OF INVESTMENT
While in capital markets such as the stock market your investment can be volatile, investing in housing will give you the security of knowing that it is a profitable asset from day one. Maintenance fees and bank account conditions are also good reasons to allocate savings to real estate.
On the other hand, property prices in Ibiza are holding up or rising over the years while in other communities they are starting to slow down. This is due to the unique urban circumstances of the island (lack of land, building restrictions on rustic land, protection of areas of natural interest, ...).
Considering to invest in Ibiza?
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If we think about asset security, investing in the real estate market also has advantages: it is an investment that in the future will become an asset (where possible business transfers are not possible, for example)
3) THE BALEARIC ISLANDS IS THE FASTEST GROWING COMMUNITY
At the end of 2019, the Balearic Islands is the community where the price of housing has increased the most (9.9%). The real estate market is strongly led by the island of Ibiza, having already surpassed the highest average price in all of Spain: 5,293 Euros per square meter (according to data from the Ibiza Tourism Board).
Even taking into account the expenses derived from the purchase of a property in Ibiza, these data corroborate that, nowadays, real estate investment in the Balearic Islands (and especially in our island) is very profitable.
4) A SIMPLE AND PROFITABLE INVESTMENT
Especially when you have a team of professional, client-driven real estate advisors with extensive experience in Ibiza's housing sector as our team.
Besides profitability, our Ibiza Country Villas assures you an honest and transparent approach. Our main goal is the confidence in all the transactions and steps that we carry out for our clients.
FIND THE PERFECT PROPERTY
Below, we share the latest highlights from our portfolio of villas for sale in Ibiza. We will be happy to answer any questions you have about these properties or provide you with all the home investment advice you need.
LUXURY APARTMENT IN MARINA BOTAFOCH 3 BEDROOMS (REF. 21311)
Beautiful high standing apartment located in Marina Botafoch one of the most coveted areas of the island for its tranquility and for its proximity to the center of Ibiza town, which is just 5 minutes walk from the apartment.
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BRIGHT APARTMENT WITH INCREDIBLE VIEWS OF THE SEA AND FORMENTERA (REF. 21107)
Bright apartment with incredible views of the sea and Formentera, located in a modern building with minimalist design in Marina Botafoch, an area much sought after by people who come to Ibiza because of its proximity to the city center and the seascapes.
LUXURY VILLA OF NEW CONSTRUCTION IN SES TORRES (REF. 11029)
Newly built house with a total area of 199 m2 built on a plot of land of 400 m2. The property consists of: 4 double bedrooms, one en suite with a total of 3 bathrooms.
