Ibiza is one of Spain's Balearic Islands, located in the Mediterranean Sea about 150 km (93 miles) east of Valencia.
Ibiza is world-famous for its crystal-clear waters, sandy beaches, vibrant nightlife, cultural heritage, and stunning natural beauty.
The island of Ibiza is well connected with regular flights from major European cities and ferries from mainland Spain, making it both accessible and exclusive.
There are many places to find distressed or foreclosed properties in Ibiza, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses and you may find cheap distressed Ibiza property for sale with broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
FEATURED Spain LISTING
Location : CASCADA DE CAMOJAN, MARBELLA GOLDEN MILE
Property Type: VillaProperty Terms: For SaleLocal Currency Price: 5400000 eurosPrice in USD: $5,957,600
Ibiza generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Ibiza is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in Spain
