Ibiza property like the majority of Spain has suffered during the current Crisis however not to the same degree as the Costas of Spain. Even though prices have fallen you only have to look at the Island itself to know that things will improve and like most of the world right now there are opportunities for those who want to take them according to the Spanish property experts Spanish Hot Properties.
The first thing you have to understand what Makes Ibiza Special. The Island of Ibiza is a popular destination for both holidays and those in search of a new home. Magnificent weather, Ibiza boasts some of the cleanest, most picturesque beaches in the Mediterranean. With a large number claiming the EEC Blue Flag you will find beaches with the perfect combination; warm weather, blue skies and soft sand. Not only are the beaches packed with water sports, the Islands Mountains, full of tropical plants, trees and wild life, offer a great day out too. From horse riding to hiking or biking, the opportunities to explore are endless. There is something for everybody amongst Ibiza’s famous clubs, exclusive bars and extensive range of restaurants. With people from every walk of life, the Island both caters for and welcomes all kinds! Ibiza Island is situated in the Balearic archipel. This is the third island in term of surface after Mallorca and Minorca. Ibiza surface is 543 22 km² with 209 km of coastline. The population of the island is 77 000 inhabitants. Well known for it night activities, Ibiza is also a wonderful island, with emeralds beaches, and an always blue sky (more than 305 days of sunshine per year). The story of Ibiza begins in 1600 years before Jesus Christ, although it is not chronologically referenced before the year 654 when Carthage create Ibosim, today named Eivissa, capital of the Island. It is Diodoro Siculo who supplies us the first text reference about the island: “… Having been named Sardinia first, the island was called Pitiusa, due to the number of pines on it…” After the Carthaginian time comes the Roman domination. During this period Ibiza carries the title of Confederate City. The next five centuries are called dark centuries due to the information left. The island was controlled by the Barbarians and the Byzantine until the year 711 when Arabic land on the Island and call it Yebisah. The historic date for the island is August 8th 1235, date of the Catalan conquest. At this moment the islands of Ibiza and Formentera join the western world. Note that during centuries Ibiza was a meeting point for the Saracen vessels which ravaged the Mediterranean Sea, protected by the Turkish squadron. It is during these times that the towers which surround the island and the aspect of fortress of the rural churches were built. Today, the Island of Ibiza is divided into five provinces: Eivissa the capital; Santa Eulària, Sant Antoni, Saint Joan and Sant. Josep. Well enough of the history lesson but from the description of the Island you can see that it has something special about it reckons Susana Suspenda Marketing and operations manager of Spanish Hot Properties.
So besides the climate and location what else does the Ibiza property market have to offer prospective property purchases on the Island. “Well as the Island has everything the same goes for the property market where you can buy a studio for under €90,000 or spend well over a million Euros plus on a luxury Villa and because the island is so diverse you can choose the lifestyle that suits you best. Another important factor is unlike the Costas of Spain and due to the forward thinking policies of the Balearic Islands and Ibiza planning you do not have the over building and over supply seen in other parts of Spain Ibiza really does have something for everyone and with the current property prices it s most definitely worth a further look Explained Susana.
Anyone wishing to find more about the current state of the Ibiza property market or require information about Spanish property should contact Spanish Hot Properties.