Navarra

Ibiza Town | Balearic Islands

The Perfume of

New Construction

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IBIZA LIVING INMOBILIARIA, S.L. CIF: B57258311.

Presented At

€2,400,000

Bedrooms

Bathrooms

Living

9,688

SQM

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Navarra

Ibiza Town | Balearic Islands

Navarra, Baleares, Ibiza Town, Balearic Islands, Spain. , Ibiza Town , Balearic Islands

Apartment building perfect for conversion.

Five-storey building located on a 300 m² urban plot, two streets back from Figueretes beach and its renovated seafront promenade. The area is undergoing significant renewal, with new hotels, shops and restaurants. It is a 10-minute walk from Ibiza’s historic centre and only a few minutes’ drive from Playa d’en Bossa and the airport.

The property is sold as a whole and with the current tenants in place. It consists of 8 apartments —four with two bedrooms and four with one bedroom— all with a kitchen, living room and terrace, as well as a ground-floor commercial unit. The total built area is approximately 900 m².

The apartments and the ground-floor unit each have independent title deeds. The commercial unit is not being sold as a nightclub. The land registry allows for up to nine dwellings on the plot, so the ground floor could be converted into a large apartment, or duplex units could be created on the upper floors.

The building is currently rented out and generates approximately €115,000 per year, not including pending rental updates. The sale price is €2,800,000, and there is also an option to purchase with a deferred payment structure for €2,400,000. This option allows the buyer to receive the rental income from the moment the agreement is signed and to manage the removal or renewal of tenants at their own pace.[IW]

Property

3D Street View Tour

Property Location

Navarra, Baleares, Ibiza Town, Balearic Islands, Spain., Ibiza Town Balearic Islands

Local Weather & Climate

Ibiza Town, Balearic Islands

Current Conditions Updated recently

56 °F

Scattered clouds

Feels Like 55°F

Humidity 76%

Wind 4 mph

Visibility 6.2 mi

Sunrise 5:48 AM

Sunset 6:11 PM

5-Day Forecast

Thu 26 Mar

Clouds

High 56°

Low 56°

Fri 27 Mar

Clear

High 57°

Low 49°

Sat 28 Mar

Clouds

High 55°

Low 50°

Sun 29 Mar

Rain

High 53°

Low 45°

Mon 30 Mar

Clouds

High 55°

Low 51°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Ibiza Town?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$240,000,000

Navarra, Baleares, Ibiza Town, Balearic Islands, Spain.

Ibiza Town, Balearic Islands

12 Beds

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Market Opinion

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Our perspective on current market conditions in Ibiza Town. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $240,000,000 20% down ($48,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$20,623/day

Your home may appreciate while you sleep

$144,759/week $627,287/mo $7,527,448/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$132.1M

+$189.8M

$189.8M Potential Equity

vs $132.1M lost to rent over 10 years

$48.0M Down Payment Growth

10yr

$189.8M

8.1x

20yr

$390.1M

12.6x

30yr

$606.1M

Wealth Comparison

×1,443

Equivalent to 1,443 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $606.1M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $282.6M +18%

Market $326.8M +36%

Optimistic $395.4M +65%

$189.8M est. equity

20 Years

Conservative $332.9M +39%

Market $445.1M +85%

Optimistic $651.5M +171%

$390.1M est. equity

30 Years

Conservative $392.0M +63%

Market $606.1M +153%

Optimistic $1,073.4M +347%

$606.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Navarra, Baleares, Ibiza Town, Balearic Islands, Spain have?

This other at Navarra, Baleares, Ibiza Town, Balearic Islands, Spain features 12 bedrooms with 9,688 square feet of living space.

What is the size of Navarra, Baleares, Ibiza Town, Balearic Islands, Spain?

This property offers 9,688 square feet of living space.

What is the listing price for Navarra, Baleares, Ibiza Town, Balearic Islands, Spain?

This property is listed at $240,000,000, which equals $24773 per square foot.

Is now a good time to buy a home in Ibiza Town?

Based on current market indicators, Ibiza Town shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Navarra, Baleares, Ibiza Town, Balearic Islands, Spain?

This is a other located in Ibiza Town, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.