Es Vedra rising from turquoise water with a yacht, Ibiza
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Luxury Real Estate in Ibiza & Formentera

Scarce licensed villas, bought by a global entertainment, finance and technology crowd.

Es Vedra rising from turquoise water with a yacht, IbizaPhoto: Juan Ruano / Unsplash

The Territory

Ibiza & Formentera at a glance

Towns and neighbourhoods

The addresses this Territory covers, in Spain.

  • Es Cubells
  • Cala Jondal
  • Santa Gertrudis
  • Sant Josep
  • Ibiza town
  • Formentera

Why it is a luxury market

Scarce licensed villas, bought by a global entertainment, finance and technology crowd; frontline villas trade far above the island averages.

Indicative prime price

€7,000–7,400 per m² average asking across the island's municipalities; frontline villas sell far above (idealista via API Baleares, 2026).

Indicative only. Sources mix averages, asking prices and recent sales; the basis and year are given. Local-currency figures are as published; convert at the day's rate.

For who can buy, the taxes and the steps, read our Spain real estate guide and Can foreigners buy property on the Mediterranean?

The Territory in pictures

Ibiza & Formentera in pictures

Ses Illetes and yachts at anchor from the air, Formentera
Ses Illetes and yachts at anchor from the air, FormenteraPhoto: Karol Chomka / Unsplash
Islets and yachts over turquoise water, Formentera
Islets and yachts over turquoise water, FormenteraPhoto: Karol Chomka / Unsplash
White villa on a pine-covered hillside, Ibiza
White villa on a pine-covered hillside, IbizaPhoto: Mario Dominguez / Unsplash
Dalt Vila and the cathedral above the old town, Ibiza
Dalt Vila and the cathedral above the old town, IbizaPhoto: Pauline Bernfeld / Unsplash
Es Vedra at sunset, Ibiza
Es Vedra at sunset, IbizaPhoto: Damian Kamp / Unsplash

Founding Partners

Three places for agencies, three for developers in Ibiza & Formentera

Each Territory has three Founding Partner places for luxury real estate agencies and three for developers. All six are open.

Founding Partner Agencies: three places — open

Founding Partner Developers: three places — open

Places are filled first come, after approval. Founding Partners are presented side by side and in rotation, and every buyer who asks about this Territory is pointed to them. Partner pages are clearly marked as paid.

Buying here

Looking for a home in Ibiza & Formentera?

I

Visit first, then buy

Many buyers discover a place as guests, return to view homes in person and buy on a later visit. Start with our guide to Ibiza & Formentera.

II

Buy from abroad

Many international buyers own before they ever visit: they view homes by video, work with a licensed agency and an independent lawyer, and sign from home where the law allows.

III

Invest as an institution

Funds, family offices and companies buy whole buildings and portfolios, working directly with the Founding Partner Agencies and Developers of this Territory.

Meet the Founding PartnersContact them directly, by call, WhatsApp, email or their own website. TheMediterranean.com is not a real estate broker, agent or finder.

Questions

Questions about Ibiza & Formentera

Who are the Founding Partners for Ibiza & Formentera?

Each Territory has up to three Founding Partner luxury real estate agencies and three Founding Partner developers, presented side by side on this page. All six places in Ibiza & Formentera are open today.

Can foreigners buy property in Ibiza & Formentera?

The rules are set country by country. Read our Spain real estate guide and confirm the position with an independent lawyer before you commit.

Can I buy in Ibiza & Formentera without visiting?

Often, yes. Many buyers view homes by video, work with a licensed agency and a lawyer, and sign through a power of attorney where the law allows.

Is TheMediterranean.com an estate agent?

No. TheMediterranean.com is an advertising and media platform, not a real estate broker, agent or finder. We take no commission, and buyers contact Founding Partners directly. Partner pages are clearly marked as paid.

Keep exploring

More on Ibiza & Formentera and Spain

Also in Spain: Marbella, Benahavís & Estepona · Sotogrande · Mallorca · Menorca · Barcelona & Sitges · Costa Brava

Checked 31 October 2026. Rules and rates change; confirm with a qualified lawyer and tax adviser before you buy. TheMediterranean.com is not a real estate broker, agent or finder, and nothing here is legal, tax or immigration advice.

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