There are tight restrictions on new building projects, but there are some new developments, or new buildings, taking place here providing the opportunity to buy off plan. Property can achieve high rental return in summer months. Laws have tightened around short-term rental of property, and a tourism license is a legal requirement in order to do so. Higher end property can be hard to value in Ibiza, so there can be opportunity for negotiation, but do research first. Our partners like to work exclusively with their vendors to ensure best service and control of information on the market.
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