Exclusive 57-Apartment Development in Santa Eulalia, Ibiza

€620,000

IBIZA, IBIZA, ES

18 bed
1 bath
development

The Habio take

AI summary

This residential project features 57 apartments ranging from 1 to 3 bedrooms, each with private terraces and communal amenities, including an infinity pool and gym. Ideally situated just a five-minute walk from Santa Eulalia beach, this development blends modern living with traditional Ibizan charm.

beach
investment
luxury
new build

Highlights

57 residential apartments from 1 to 3 bedrooms
Infinity pool and chill-out roof terrace
Ecological irrigation with Mediterranean landscaping
High-quality finishes and modern designs
5 minutes to Santa Eulalia beach
Custom kitchens equipped with Bosch or Balay appliances

Worth knowing

Limited availability in two-bedroom options
Initial purchase price may exceed budget for some buyers

Good fit for: Ideal for investors or buyers seeking luxury living in a vibrant beachside community.

Lifestyle scores

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

About this place

Residential project of 57 apartments from 1 to 3 bedrooms with private terraces, common areas with playground for children, gym and a roof terrace with an infinity pool and chill out area to enjoy the best views of the beach of Santa Eulalia, located just 5 minutes walk away. The building has two facades of different styles: the first one, the one facing the sea, is inspired by the "Casa Payes" or country house, so we tried to recover the primitive contrast between the green of the juniper and the white lime of the payes wall, building a succession of terraces with Mediterranean vegetation with ecological irrigation system. In this building, facing south, there are 2-bedroom penthouses and wonderful 3-bedroom homes. The other facade is the one facing the mountain; where the ceramic lattices act as a transition element between inside and outside, allowing natural light to invade each of these spectacular 1 and 2 bedroom apartments and upstairs, with views of the mountain and the sea, 3 penthouses with 3 bedrooms and private pool. True wonders to live and feel in your own home, the essence of Ibiza. If we talk about the houses, the materials are of excellent quality always thought in the durability that they must have for being in a beach area. The Ibizan white is expressed in the open kitchens, floors and walls. The bathrooms are delivered complete with a modern and functional design. The kitchens with custom-made furniture and Bosch or Balay appliances. The air conditioning is the best of today with aerothermal heat and cold. The lighting with LED and indirect lighting in some rooms. All thought to enter to live as soon as the apartments are delivered. 25 parking spaces for sale. Price: 25.000€ + VAT (21%)

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
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.

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