Ibiza’s property market continues to stand out as one of the most valuable in Spain. The island’s unique mix of lifestyle, natural beauty and limited supply means that demand remains consistently high, even as prices climb. In 2025, the average asking price per square metre confirms what long-time observers already know – Ibiza is not only holding its value, it is strengthening its position as a prime European property destination.
The island-wide picture
Across the island, the average asking price in 2025 is around €7,043 per m2. This marks a steep rise from under €4,050 per m2 in 2017, showing sustained appreciation over the past decade. Much of this growth is driven by scarcity: building regulations, geographical limits and high demand from international buyers all contribute to keeping supply low.
In Ibiza Town, the figure rises to approximately €7,465 per m2, supported by a year-on-year increase of over 16%. The combination of historic character, marina access and lively city life ensures the capital remains a top performer.
By property type
Prices vary depending on the style and size of the home. Apartments generally range between €6,500 and €6,800 per m2, with higher figures in prime coastal or city locations. Detached houses and villas average €7,500 to €8,800 per m2, while luxury villas in sought-after settings often exceed €10,000 per m2. Architect-designed homes, heritage fincas and properties with large private plots naturally sit at the very top of the scale.
By area
Location remains the biggest influence on price. In Cap Martinet, known for its luxury villas and proximity to Ibiza Town, the average is around €9,050 per m2. Dalt Vila – La Marina sits close behind at €7,330 per m2, offering a blend of heritage architecture and access to high-end dining and shopping.
For those seeking beachfront living at a slightly lower entry point, Figueretes – Playa d’en Bossa averages €6,420 per m2. Santa Eulària del Río, with its family-friendly atmosphere and growing range of amenities, averages €6,930 per m2.
At the very top end, Santa Gertrudis stands out at approximately €11,770 per m2. This central village, known for its upmarket restaurants, boutique shops and year-round community, is one of the island’s most in-demand locations for both permanent residents and second-home buyers. Its combination of rural charm and excellent connectivity makes it one of the few places where values rival those of Ibiza’s most exclusive coastal addresses.
What this means for buyers and sellers
For buyers, these figures highlight the need to balance budget with lifestyle priorities, whether that means choosing a high-value central location or exploring emerging areas with strong growth potential. For sellers, they underline the importance of accurate pricing, as overvaluation can slow sales in a competitive market, while well-priced properties in desirable areas often attract immediate interest.
Navigate the market with Ibiza Hills Homes
At Ibiza Hills Homes, we combine up-to-date market analysis with first-hand knowledge of the island’s most desirable areas. Whether you are looking to purchase a contemporary apartment, a traditional finca or a luxury villa, we can guide you towards the right property at the right price. If you are considering selling, our team can provide a realistic, data-driven valuation and market your home to a network of serious international buyers.
Contact us today to make your next move in Ibiza’s unique and competitive property market