Ibiza island Property Prices, Rents & Rental Yields

About Ibiza island

Ibiza island blends Mediterranean coastline, resort-style living and a compact island geography that keeps its villages, marinas and beaches closely linked. For apartment investors, it remains one of Spain’s most closely watched Balearic markets, shaped by leisure appeal and limited land availability.

July 2026 points to a clear tension in the apartment market: pricing has softened month to month even as longer-term values still edge higher. The average sale price stands at €667,500, down 1.8% from the previous month, while the average price per square metre is €6,680, also down 1.8%. That cooling sits alongside a year-over-year rise of 2.7% in sale prices and 1.7% in €/m², suggesting that the recent dip is more of a pause than a broader reversal.

Rental conditions show the sharper adjustment. The average rent is €3,000, down 1.9% month over month and 14.3% lower than a year earlier. That contrast matters because the island’s reported yield is 6.4%, so the current income picture is being supported by levels that remain meaningful, but not by rent growth at the moment. In July 2026, the market reads as a balancing act: capital values are still ahead of last year, yet rental momentum has eased enough to tighten the investment equation.