Modern Three-Bedroom House in Santa Eularia del Río, Ibiza

€3,380,000

IBIZA, IBIZA, ES

  • 3 bed
  • 3 bath
  • house

The Habio take

AI summary

This newly built three-bedroom house boasts a prime location in Santa Eularia del Río, just a minute's walk from the town centre and promenade. With a spacious layout and a private pool, it combines residential tranquillity with easy access to local amenities.

  • beach
  • luxury
  • pool
  • walkable
  • city

Highlights

  • Built in 2020, modern design
  • Three en-suite bedrooms
  • Private swimming pool and multiple terraces
  • Open-plan living area connecting to outdoor spaces
  • Private garage for two vehicles
  • Optional adjacent plot for expansion

Worth knowing

  • Higher price point for the area
  • Potential noise from nearby amenities

Good fit for: Ideal for those seeking a modern home or investment in a sought-after Ibiza location.

Lifestyle scores

Beach
80
Walkable
90
Remote work
75
Family
70
Retirement
65
Airport access
80
Investment
85
Luxury
90
Value
60

About this place

Modern newly built home (2020) located in one of the most sought-after areas of Santa Eulalia del Río, just one minute’s walk from the town centre, promenade, restaurants and shops. An exceptional location combining residential tranquillity with immediate access to all amenities, a rare feature in Ibiza. Set on a 605 m² plot, the property offers 489 m² of built area, distributed across bright, spacious and functional interiors. The contemporary design seamlessly connects indoor and outdoor living. The heart of the home is an elegant open-plan living and dining area with kitchen, featuring large windows and direct access to the terraces and private swimming pool, ideal for both everyday living and entertaining. The sleeping area comprises three double bedrooms, all with en-suite bathrooms, complemented by a guest toilet, laundry room and various storage areas. Outdoors, multiple terraces, garden and pool provide excellent spaces to enjoy the Mediterranean lifestyle year-round. The property also includes a private garage for two vehicles and a separate annex of approximately 70 m², perfect as a gym, office, studio, guest apartment or multifunctional space. A modern, energy-efficient, move-in-ready home, ideal as a primary residence or high-value investment in one of Ibiza’s most in-demand locations. As an added value, there is the option to acquire the adjacent plot, of equal size, for €884,000, allowing for the construction of a second similar home, project expansion or enhanced privacy. A rare strategic opportunity in this area.

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.

The buying process

  1. 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. 2

    Open a Spanish bank account

    Needed for the deposit, taxes, mortgage payments, and utilities.

  3. 3

    Engage an independent lawyer

    Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.

  4. 4

    Reservation contract

    Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.

  5. 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. 6

    Sign the escritura pública

    Final public deed signed before a notario; balance and taxes paid; keys handed over.

  7. 7

    Register the property

    Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.

  • NIE (foreign tax number)
  • Spanish bank account(optional)

    Not legally required but standard practice

  • Passport / ID
  • Proof of funds / mortgage offer

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

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From

€3,380,000