New 14-Bedroom Apartment Development in Santa Eularia, Ibiza

€950,000

IBIZA, IBIZA, ES

  • 14 bed
  • 2 bath
  • development

The Habio take

AI summary

This new development in the heart of Santa Eularia features 11 modern apartments just metres from the beach and marina. Ideal for those seeking proximity to coastal attractions combined with contemporary living spaces.

  • beach
  • investment
  • coastal
  • new build

Highlights

  • 14 total bedrooms across 11 apartments
  • Variety of layouts including penthouses and ground floor units
  • Close to beach and marina
  • Each apartment includes parking
  • Outdoor spaces such as gardens, terraces, and solarium options

Worth knowing

  • Limited bathrooms for the number of bedrooms
  • Potentially high competition in the rental market

Good fit for: Best suited for investors or those wanting spacious coastal apartments.

Lifestyle scores

Beach
90
Walkable
85
Remote work
60
Family
70
Retirement
50
Airport access
80
Investment
75
Luxury
70
Value
65

About this place

New development located in the center of Santa Eulalia, a few meters from the beach and the marina. It consists of 11 apartments: 4 first floors with garden, 4 second floors with terrace, one of them also has a solarium and, finally, 3 penthouses with terrace and solarium. There are two and three bedroom apartments. All of them have a spacious living/dining room, a separate kitchen, a laundry room and two bathrooms. All apartments are sold with a parking space included. There is the possibility of buying another parking space and/or storage room.

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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€950,000