Ibiza – Market Report Q3 2018
CASAFARI’s Q3 2018 Ibiza Market Report analyses over 41,500 listings from 101 public sources across six parishes in Ibiza and Formentera. The findings show that Santa Eularia was the most active area with 581 properties for sale, while Formentera recorded the highest average asking price at €9,588 per square metre and Sant Antoni recorded the lowest average asking price at €5,189 per square metre. You can read the full report here.
What does CASAFARI’s Q3 2018 Ibiza market report cover?
Ibiza attracts worldwide attention for its stunning vistas, lively nightlife and golden beaches. As well as picture-perfect nature, this Balearic island offers a vibrant sense of community that appeals to second home owners from all over the world.
The first of its kind for Ibiza, this market report covers six parishes and more than 41,500 listings from 101 public sources; by publishing more CASAFARI reports in the future, we will be able to show you trends and comparisons that will serve as an excellent tool for you to understand the property market.
Which areas in Ibiza have the most property listings for sale?
Santa Eularia is the most active area with 581 properties for sale, closely followed by Sant Josep and Ibiza Town with over 400 listings each. The vast majority of properties on sale in Ibiza are houses which is not surprising given the history of traditional villa constructions on the island, though there are over 700 apartments listed which could appeal to those with a lower budget still wanting to take advantage of Ibiza for an idyllic getaway.
How do average asking prices per square metre compare across Ibiza and Formentera?
The island of Formentera has the least active properties with just 28, but is by far the most expensive area with an average asking price of €9,588 per square metre according to CASAFARI’s Q3 2018 Ibiza Market Report. Here, the stunning sea views combined with luxury villas and impressive country houses are what raise the price; in contrast, Sant Antoni, where high-season holidaymakers flock to the area’s vibrant bar and restaurant scene, offers the lowest average asking price at €5,189 per square metre.
Take a look at our detailed area guides and property insights for Ibiza for all you need to know about lifestyle and real estate across the island. By using Area Insights and following future CASAFARI market report data, you will be able to see a comprehensive view of long-term market changes and trends in this area.
Read the full Ibiza Q3 market report here.
Photo by Michaela Simoncini via Flickr
Frequently asked questions
How many listings and sources are analysed in CASAFARI’s Q3 2018 Ibiza Market Report?
The Q3 2018 report covers six parishes across Ibiza and Formentera, aggregating more than 41,500 listings from 101 public sources. This comprehensive dataset provides a transparent overview of asking price trends and stock distribution in the region.
Which municipality in Ibiza had the highest number of properties for sale in Q3 2018?
According to CASAFARI’s Q3 2018 market report, Santa Eularia was the most active area with 581 properties for sale. It was followed closely by Sant Josep and Ibiza Town with over 400 listings each, while Formentera recorded the fewest active properties at just 28.
What are the most expensive and most affordable areas by asking price in Ibiza and Formentera?
In Q3 2018, CASAFARI’s asking-price data showed that Formentera was the most expensive area with an average asking price of €9,588 per square metre, driven by luxury villas and country houses. In contrast, Sant Antoni recorded the lowest average asking price at €5,189 per square metre.
What types of residential properties are available for sale in Ibiza?
The vast majority of properties listed for sale in Ibiza in Q3 2018 were houses and traditional villas. The market also featured over 700 apartments listed for sale, offering options for buyers with smaller budgets seeking a Mediterranean getaway.
How can property professionals track current market trends in Ibiza with CASAFARI?
Real estate professionals can extract a market report on CASAFARI or use Area Insights to analyze up-to-date property asking prices, stock levels and regional dynamics. Simply sign in to the CASAFARI platform to access current market intelligence across Spain and Europe.