According to an article in El Economista, experts predict an economic recession by the end of 2022.
This means that it is the right time to consider where to invest your money to generate profits in the medium and long term, so that you will not be affected by this or future recessions.
In this article, we explain why buying a property in Ibiza is the ideal investment for the times ahead.
The real estate market in Ibiza
In the wake of the COVID pandemic, the housing market experienced a remarkable growth, as buyers had a high interest in acquiring residences away from the hustle and bustle of the cities.
Ibiza was one of the preferred locations because of its good climate, relaxed lifestyle, easy connections to the rest of the world and the services available here.
Thanks to this, the island’s real estate sector has remained optimistic and has obtained good results in its sales and purchases.
In addition, we must not forget that there are also holiday homes and villas that in recent years have become the favorite accommodations of tourists, both national and international.
That is why there are many real estate agencies in Ibiza that are also dedicated to these types of vacation rentals. Ibiza Country Villas recommends you for your security, to know that if you want to rent vacation rentals, you must go to trustworthy real estate agencies that use legal and official means.
Which properties in Ibiza are more profitable?
Owning a property in Ibiza is always a great option because it will hardly devalue, so regardless of whether you buy to live, rent long term or vacation, there are many ways to monetize your property.
Even so, from Ibiza Country Villas, we recommend buying some specific types of property.
1. Villas en Ibiza
Whether they have a tourist license or not, villas are always a great investment as they rent and sell quickly. The market in Ibiza is always very active, and you just have to wait for an increase in the value of your property.
If the villa has a tourist license, it is a plus because it will be a constant passive income and so you can rent them if you wish, for weeks or fortnights with ease to visitors looking for an exclusive environment with all possible amenities to make your vacation a dream come true.
Ibiza is a tourist destination that never goes out of fashion and is frequented by famous people or people with high purchasing power, so owning a villa is a safe bet.
2. Fincas o casas de campo
The difference with the villas is that these are located in a more rural environment and usually have more square meters of land, so they are ideal to find peace and be in direct contact with nature, without forgetting the privacy they offer.
Some lack the recreational component of the villas, but others have all the comforts that we have become accustomed to today with the addition of being in a property full of character and personality, due to its structure and construction typical of the island and hundreds of years old.
The fincas are ideal for year-round living, as second homes, and just like the villas, they are easily sold.
It should be noted that, if they have the relevant license, they can also be rented by the week or fortnight to people who are looking for a haven of peace and who admire the views and tranquillity offered by the Ibizan countryside.
3. Apartments in cities or towns
Houses in central locations are a great investment because they can be rented throughout the year to residents or people who decide to move to the island. Keep in mind that they can also be rented monthly, minimum 1 month, which is a great return.
An important thing to keep in mind is that, being directly located in the towns and cities, you do not need a car to have all the necessary services and amenities. Not forgetting that the 3 main cities of the island have beaches within a 5-minute walk from the center.
An apartment is the ideal investment to live all year round and even as a second residence, since, having a community of owners, the cost of maintenance is minimal. At the same time, as an investment, you can easily obtain a passive and secure income every month. The annual rents help the residents to have access to a house in good conditions.
In Ibiza Country Villas, we recommend you to go to specialized real estate agencies that are in charge of making the pertinent legal contracts so that you do not have to worry about anything.
In short, buying property in Ibiza is a great investment idea to avoid suffering the effects of the recession.
If you finally want to buy one of the types of properties in which we recommend investing, we remind you that in Ibiza Country Villas we are at your disposal, and we will accompany you throughout the process from the first visit to the registration. Come and visit us!
