Spacious 5-Bedroom Apartment with Terrace in Ibiza Town

€900,000€6,294/m²

5
bedrooms
2
bathrooms
143 m²
interior
Apartment
property type
29 May 2026
listed

The Habio take

AI summary

This generous 5-bedroom apartment boasts 143 m² of living space, complemented by a terrace and balcony offering natural light throughout. Located in the heart of Ibiza Town, it presents strong renovation potential in one of the island's most vibrant areas.

city
investment
renovation

Highlights

143 m² internal area
5 spacious bedrooms
Prime central location
Potential for renovation
Terrace and balcony for outdoor space

Worth knowing

Busy location may affect privacy
Renovation needed to maximise potential

Good fit for: Ideal for buyers seeking a central property with renovation potential.

Lifestyle scores

Beach: 60
Walkable: 85
Remote work: 70
Family: 50
Retirement: 40
Airport access: 80
Investment: 75
Luxury: 60
Value: 55

About this place

Spacious 5-bedroom apartment with terrace and balcony in Ibiza town, offering 143 m², natural light, and strong renovation potential in a prime central location in Ibiza Town

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.

Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference