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Ibiza property market news 2015-2016

 

IBIZA NOW OR NEVER. Ibiza property market news 2015-2016. In 2015 Ibiza was once again on the top of World’s top destinations for high/end tourism and with these numbers, we can confirm that the housing market has again got a tremendous boost. Charts show us that the English, German, French, and Dutch are still the taking the lead in investing on this beautiful Island. With a price increase of 10% in 2015, we now see another small price increase in the beginning of 2016. With more luxury 5* hotels coming to the Island and the historical Hotel Montasol on the Vara del Rey being transformed into a 5* Hotel are positive developments for the industry. Also, there are some other great investments opportunities coming on the market in areas like Playa Den Bossa, Jesus, Talamanca, Cala Conta and Cala Vadella ( Contact us for more information ) which will have a positive effect on the surrounding areas. This year you will also find newly asphalted roads on the Island and a remodeled Port area in the Old Town. As for Air traffic Ibiza┬┤s 2015 No. show that during the month of July and August between 80 and 120 private jets flights arrived at the Island, 2016 will for sure set another record in flights per day. The most favorite areas to invest in are still the South, South West side of the Island with the East getting more interest for permanent residency. The North continues to represent the authentic Ibiza where one can get lost and feel totally free in nature. With the new road between Ibiza and San Juan almost in place, the North side of the Island will attract more buyers and presents an opportunity for investing in this still unknown paradise. With the uncertainty of what is going to happen with the laws for building we from IBIZA NOW feel that there is a high demand for properties to renovate between E 500.000 to E 1000.000. Please feel free to contact us in order to explain you in more detail about the latest developments and let us share our experiences with you in order to find you the right investment.