Ibiza 2023 property market information
Ibiza 2023 property market information:
IBIZA REAL ESTATE IS STILL A SAFE INVESTMENT
As the world continues to struggle with the side effects of the lockdowns, many investors are turning to safe investments like real estate. Despite the challenges facing the real estate sector worldwide, property prices in Ibiza have continued to rise. However, the real estate market in Ibiza doesn’t seem to be linked to mainland Spain or European real estate prices.
Between 2020 and 2022, property sales have only increased. Why will this trend continue? We predict that prices won’t fall even in 2023. In the following article we explain why.
STILL HIGH DEMAND FOR IBIZA REAL ESTATE
The real estate market in Ibiza has proven to be a safe haven for investment over time, which is why more and more investors are looking for properties for sale in Ibiza. Due to the global crisis and inflation, money is losing more value every day. Investors know that real estate is a safe investment that can protect their finances from the effects of inflation.
FEW OFFERS FROM HOMEOWNERS LOOKING TO SELL THEIR PROPERTY IN IBIZA
Property owners in Ibiza know that they’ll never lose as much money on their property as they’d if they could leave it in their bank account or rent out their property with high rental income. These are the main reasons why property prices in Ibiza will continue to rise in 2023.
INCREASING DEMAND FOR LONG TERM RENTALS
Demand for long term rentals in Ibiza is on the rise, and there are several reasons for this. First, Ibiza offers around 360 days of sunshine a year, making it an ideal destination for those looking to escape the colder climate of northern Europe. Secondly, air connections between Ibiza and major European cities have improved significantly, making it easier for people to visit the island. Third, Ibiza offers high-speed fibre-optic Internet connectivity, making it the perfect place to set up a home office. Fourth, the lockdowns has taught many people that they can easily work at home remotely for long periods of time.
Many homeowners prefer to rent out their properties rather than sell them, which has also led to a shortage of homes. As a result, rental prices have increased, which has also contributed to the general increase in property prices in Ibiza.
The conclusion is that the demand for real estate in Ibiza will continue to increase in 2023, as demand is high, few people are willing to sell their properties, and the demand for properties that can be rented year-round is increasing. If you want to invest in real estate, Ibiza is a safe and profitable place to do so. Contact us today so we can find the perfect property for you. Check our Blog for more property market news 2013-2022.