Why Foreigners Love Buying Property in Ibiza
Ibiza is more than a party island — it’s one of Europe’s most desirable places for:
-
🌄 Seafront villas & luxury estates
-
🌍 International lifestyle with English widely spoken
-
✈️ Easy flight access to/from Europe
-
🏖️ Peaceful countryside retreats near pristine beaches
-
💸 Strong rental income from tourism & digital nomads
Buyers come from the UK, Germany, the Netherlands, France, Italy, the US, and Scandinavia — many looking for second homes, investments, or retirement properties.
🇪🇸 Can Foreigners Buy Property in Ibiza?
✅ Yes. There are no restrictions on foreigners purchasing property in Ibiza — whether you are an EU or non-EU citizen.
You don’t need to be a resident, but you must obtain a Spanish NIE (Número de Identidad de Extranjero) and complete the process through a public notary.
Legal representation is essential to avoid contract issues or hidden debts.
🧾 Legal Requirements to Buy in Ibiza
| Requirement | Purpose |
|---|---|
| Valid passport or EU ID | Identity |
| NIE number | Required for any property purchase |
| Spanish bank account | To transfer funds and pay fees |
| Power of Attorney (optional) | Allows remote purchase through your lawyer |
| Independent lawyer | Drafting, checking, and registering all legal documentation |
💼 Borderless Lawyers offers end-to-end solutions — remote or in-person — tailored to foreign buyers in Ibiza.
📑 Legal Steps to Buy Property in Ibiza
| Step | Action |
|---|---|
| 1️⃣ Apply for NIE | In Spain or through consulate/lawyer |
| 2️⃣ Open Spanish bank account | Needed for payment & taxes |
| 3️⃣ Sign arras contract | 10% deposit secures property |
| 4️⃣ Conduct legal due diligence | Title, debts, licenses, planning |
| 5️⃣ Sign deed of sale (escritura) before a notary | |
| 6️⃣ Register with Land Registry & Cadastre | |
| 7️⃣ Pay taxes and fees | ITP/VAT, notary, registry |
📍 Best Places to Buy Property in Ibiza
-
Ibiza Town (Eivissa) – Urban lifestyle, strong rentals
-
Santa Eulalia – Peaceful beach area, family-friendly
-
San José (Sant Josep) – Villas with sea views and privacy
-
San Antonio (Sant Antoni) – Popular with international investors
-
North Ibiza – Authentic countryside retreats and rustic fincas
Each area has unique zoning rules, which we verify during legal checks.
💶 What Are the Purchase Costs?
| Cost Type | Amount |
|---|---|
| ITP (resale) | 8%–11.5% of price |
| IVA + AJD (new build) | 10% + 1.5% |
| Notary + Registry | €1,000–€2,000 |
| Lawyer Fee | 0.8%–1.5% or flat rate |
| NIE, POA, Admin | €300–€700 |
We provide transparent quotes with all taxes and fees included.
✈️ Buying Remotely from Abroad
Most of our clients purchase property in Ibiza without visiting Spain.
We handle:
-
NIE & POA setup
-
Full legal due diligence
-
Virtual walk-throughs
-
Remote notary signature
-
Land Registry and tax filings
🌍 All handled 100% legally and securely by our Ibiza-based legal team.
🧑⚖️ Why Trust Borderless Lawyers in Ibiza?
-
Independent buyer-side representation
-
Fluent in English, Spanish, French, German & Dutch
-
Deep knowledge of Balearic property law
-
Flat-fee legal packages, no hidden costs
-
Full service — from NIE to notary to registration
📞 Ready to Buy Property in Ibiza?
Avoid legal pitfalls and get full protection from day one.