Buying Process

Taking the decision to live in Ibiza is easy: the island’s many charms and enviable way of life will take care of that. Going ahead and buying a property, however, requires a great deal more forethought and care. Here at Stirling Ackroyd we cannot stress highly enough the necessity of choosing an estate agent with extensive working knowledge of the island to help you navigate the unfamiliar legal terrain and often complex local planning regulations involved.

It is very important to work closely with professionals who have in-depth knowledge of all aspects of the world of real estate here. This means a company that can draw up contracts correctly, one that fully understands the laws governing ownership, legality and the possibility of restrictions regarding building, enlarging or modifying houses.

Somebody who can draw on a wide network of established local notaries and financial institutions so that all the attendant paperwork and taxes are taken care of for you. Not to mention, someone who is in a position to offer sound advice when it comes to the latest changes in Capital Gains Tax legislation for sellers, or point you in the right direction if you wish to arrange a mortgage locally. For these reasons, and many more besides, we recommend you contract the services of a reputable estate agency when it comes to purchasing or selling your property in Ibiza.

Quite frankly, there’s never been a better time than now to buy property in Ibiza. One reason for this is that the local government’s emphasis on controlled growth has meant strong zoning laws and environmental legislation. For the astute investor, purchasing a house in Ibiza is an extremely attractive proposition right now. In this way, Ibiza has been able to grow and develop while retaining the inimitable charm and rural tranquillity which keeps drawing people to its shores from the four corners of the globe.

What’s more, much-needed reforms to the island’s infrastructure-most notably in the sectors of electricity supply, sanitation, telecommunications and highways have resulted in important advances in the quality of life here.

Add to this the recent increase in private jet traffic, the provision of mooring for luxury yachts-with new marinas on the way, the construction of 5 star hotel facilities and the expansion in high-end tourism in general and you begin to see why the island is rapidly becoming one of the most sought-after holiday and residential locations in the Mediterranean.  It´s no wonder other top centres such as Mallorca and Marbella are experiencing a shift in their populations.

For further information, please call us + 34 971 32 69 45 or contact us via email: ibiza@stirlingackroyd.com