{"id":141257,"date":"2025-12-01T09:47:28","date_gmt":"2025-12-01T08:47:28","guid":{"rendered":"https:\/\/lavozdeibiza.com\/sin-categorizar\/buying-in-ibiza-increasingly-difficult-used-housing-prices-are-close-to-7600-euros-per-square-meter\/"},"modified":"2025-12-01T09:47:28","modified_gmt":"2025-12-01T08:47:28","slug":"buying-in-ibiza-increasingly-difficult-used-housing-prices-are-close-to-7600-euros-per-square-meter","status":"publish","type":"post","link":"https:\/\/lavozdeibiza.com\/en\/current-news\/buying-in-ibiza-increasingly-difficult-used-housing-prices-are-close-to-7600-euros-per-square-meter\/","title":{"rendered":"Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter"},"content":{"rendered":"<p data-start=\"264\" data-end=\"614\">The price of second-hand housing in the Balearic Islands continues to set record highs. According to the latest data published by Fotocasa, the average value of the square meter in November stood at <strong data-start=\"463\" data-end=\"481\">5,206 euros\/m\u00b2<\/strong>, which represents a rise of <strong data-start=\"512\" data-end=\"539\">0.2% compared to October<\/strong> and a strong increase of <strong data-start=\"567\" data-end=\"613\">14.8% compared to November 2024<\/strong>. <\/p>\n<p data-start=\"616\" data-end=\"851\">This escalation means that a standard <strong data-start=\"673\" data-end=\"696\">80 square meter<\/strong> home now costs an average of <strong data-start=\"719\" data-end=\"736\">416,491 euros<\/strong> in the islands, an amount that consolidates the Balearics as one of the most stressed real estate markets in the country.<\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/en\/current-news\/marga-prohens-presents-the-public-housing-shock-plan\/?swcfpc=1\">Marga Prohens presents the Public Housing Shock Plan<\/a><\/h5>\n<\/li>\n<\/ul>\n<h2 data-start=\"853\" data-end=\"906\"><strong data-start=\"857\" data-end=\"906\">Increases in 16 out of 17 municipalities analyzed<\/strong><\/h2>\n<p data-start=\"907\" data-end=\"1113\">The increase in prices extends practically throughout the community. Fotocasa points out that <strong data-start=\"1001\" data-end=\"1071\">16 of the 17 municipalities analyzed recorded year-on-year increases<\/strong>, some of them particularly intense. <\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/en\/current-news\/the-waiting-list-for-affordable-apartments-in-ibiza-soars-what-are-the-projects-for-2026\/?swcfpc=1\">The waiting list for affordable apartments in Ibiza soars: what are the projects for 2026?<\/a><\/h5>\n<\/li>\n<\/ul>\n<p data-start=\"1115\" data-end=\"1185\">Seven locations exceed <strong data-start=\"1144\" data-end=\"1169\">20% increase in price<\/strong> in just one year:<\/p>\n<ul data-start=\"1187\" data-end=\"1385\">\n<li data-start=\"1187\" data-end=\"1207\">\n<p data-start=\"1189\" data-end=\"1207\"><strong data-start=\"1189\" data-end=\"1197\">Inca<\/strong>: +42.9%.<\/p>\n<\/li>\n<li data-start=\"1208\" data-end=\"1231\">\n<p data-start=\"1210\" data-end=\"1231\"><strong data-start=\"1210\" data-end=\"1221\">Manacor<\/strong>: +34.1%.<\/p>\n<\/li>\n<li data-start=\"1232\" data-end=\"1254\">\n<p data-start=\"1234\" data-end=\"1254\"><strong data-start=\"1234\" data-end=\"1244\">Fields<\/strong>: +31.9%.<\/p>\n<\/li>\n<li data-start=\"1255\" data-end=\"1294\">\n<p data-start=\"1257\" data-end=\"1294\"><strong data-start=\"1257\" data-end=\"1284\">Sant Josep de sa Talaia<\/strong>: +22.7%.<\/p>\n<\/li>\n<li data-start=\"1295\" data-end=\"1322\">\n<p data-start=\"1297\" data-end=\"1322\"><strong data-start=\"1297\" data-end=\"1312\">Son Servera<\/strong>: +22.5%.<\/p>\n<\/li>\n<li data-start=\"1323\" data-end=\"1360\">\n<p data-start=\"1325\" data-end=\"1360\"><strong data-start=\"1325\" data-end=\"1350\">Ciutadella de Menorca<\/strong>: +22.3%.<\/p>\n<\/li>\n<li data-start=\"1361\" data-end=\"1385\">\n<p data-start=\"1363\" data-end=\"1385\"><strong data-start=\"1363\" data-end=\"1375\">Felanitx<\/strong>: +21.8%.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1387\" data-end=\"1492\">The only exception to the upward trend is <strong data-start=\"1432\" data-end=\"1443\">Alc\u00fadia<\/strong>, which recorded a drop of <strong data-start=\"1472\" data-end=\"1480\">1.6%<\/strong> year-on-year.<\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/en\/current-news\/you-go-to-thailand-and-i-pay-your-rent-outrage-in-networks-over-winter-housing-in-ibiza\/?swcfpc=1\">&#8220;You go to Thailand and I pay your rent&#8221;: outrage in networks over winter housing in Ibiza<\/a><\/h5>\n<\/li>\n<\/ul>\n<h2 data-start=\"1494\" data-end=\"1560\"><strong data-start=\"1498\" data-end=\"1560\">Ibiza and Santa Eul\u00e0ria, among the most expensive areas in Spain<\/strong><\/h2>\n<p data-start=\"1561\" data-end=\"1754\">As for the absolute price per square meter, several locations in the Pitiusas and Mallorca are well above the <strong data-start=\"1694\" data-end=\"1712\">6,000 euros\/m\u00b2<\/strong> barrier, ranking among the most expensive in the country.<\/p>\n<p data-start=\"1756\" data-end=\"1795\">The highest figures correspond to:<\/p>\n<ul data-start=\"1797\" data-end=\"2034\">\n<li data-start=\"1797\" data-end=\"1838\">\n<p data-start=\"1799\" data-end=\"1838\"><strong data-start=\"1799\" data-end=\"1824\">Santa Eul\u00e0ria des Riu<\/strong>: 8.666 \u20ac\/m\u00b2.<\/p>\n<\/li>\n<li data-start=\"1839\" data-end=\"1864\">\n<p data-start=\"1841\" data-end=\"1864\"><strong data-start=\"1841\" data-end=\"1850\">Ibiza<\/strong>: 7.553 \u20ac\/sqm<\/p>\n<\/li>\n<li data-start=\"1865\" data-end=\"1908\">\n<p data-start=\"1867\" data-end=\"1908\"><strong data-start=\"1867\" data-end=\"1894\">Sant Josep de sa Talaia<\/strong>: 7.392 \u20ac\/m\u00b2.<\/p>\n<\/li>\n<li data-start=\"1909\" data-end=\"1936\">\n<p data-start=\"1911\" data-end=\"1936\"><strong data-start=\"1911\" data-end=\"1922\">Andratx<\/strong>: 7.291 \u20ac\/m\u00b2<\/p>\n<\/li>\n<li data-start=\"1937\" data-end=\"1980\">\n<p data-start=\"1939\" data-end=\"1980\"><strong data-start=\"1939\" data-end=\"1966\">Sant Antoni de Portmany<\/strong>: 7.054 \u20ac\/m\u00b2.<\/p>\n<\/li>\n<li data-start=\"1981\" data-end=\"2007\">\n<p data-start=\"1983\" data-end=\"2007\"><strong data-start=\"1983\" data-end=\"1993\">Fields<\/strong>: 6,823 \u20ac\/sqm<\/p>\n<\/li>\n<li data-start=\"2008\" data-end=\"2034\">\n<p data-start=\"2010\" data-end=\"2034\"><strong data-start=\"2010\" data-end=\"2020\">Calvi\u00e0<\/strong>: 6.594 \u20ac\/m\u00b2.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2036\" data-end=\"2236\">These areas are consolidating their position as some of the most demanding real estate markets in Spain, driven by high demand, scarcity of land and sustained international buyer interest.<\/p>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/en\/current-news\/ibavi-begins-construction-of-eight-public-housing-units-in-the-former-mercat-pages-in-2026\/?swcfpc=1\">Ibavi will build eight public housing units in the old Mercat Pag\u00e8s: this is what the new development for residents in Ibiza will be like.<\/a><\/h5>\n<\/li>\n<\/ul>\n<h2 data-start=\"2238\" data-end=\"2306\"><strong data-start=\"2242\" data-end=\"2306\">A sustained increase that strains housing affordability<\/strong><\/h2>\n<p data-start=\"2307\" data-end=\"2575\">The data reflect the upward trend of recent years and once again highlight the difficulties of access to housing for residents and workers, especially in Ibiza and Mallorca, where prices far exceed the average purchasing power.<\/p>\n<p data-start=\"2577\" data-end=\"2807\">The real estate industry attributes this dynamic to a combination of <strong data-start=\"2643\" data-end=\"2664\">supply shortages<\/strong>, <strong data-start=\"2666\" data-end=\"2687\">tourism pressure<\/strong>, <strong data-start=\"2689\" data-end=\"2711\">foreign interest<\/strong>, and <strong data-start=\"2715\" data-end=\"2746\">lack of affordable housing<\/strong>, factors that continue to push prices to record highs.<\/p>\n<h2>Continue reading:<\/h2>\n<ul>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/en\/current-news\/secure-rentals-stagnant-in-ibiza-barely-a-handful-of-homes-taken-after-one-year\/?swcfpc=1\">Secure Rentals, stagnant in Ibiza: barely a handful of homes taken after one year<\/a><\/h5>\n<\/li>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/asi-seran-las-viviendas-de-alquiler-barato-en-santa-eularia-requisitos-plazos-y-detalles-del-proyecto\/?swcfpc=1\">Affordable rental housing in Santa Eul\u00e0ria: requirements, deadlines and project details<\/a><\/h5>\n<\/li>\n<li>\n<h5><a href=\"https:\/\/lavozdeibiza.com\/actualidad\/choque-entre-el-consell-de-ibiza-y-el-gobierno-por-el-veto-a-viviendas-turisticas-legales\/?swcfpc=1\">Clash between the Consell de Ibiza and the Government over the veto of legal tourist homes<\/a><\/h5>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Pitiusan real estate market is once again becoming more expensive: second-hand housing in Ibiza already reaches 7,553 euros per square meter, in a context in which the Balearic Islands recorded a year-on-year increase of 14.8%, one of the highest in the country.<\/p>\n","protected":false},"author":31,"featured_media":141255,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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