Building plots in Ibiza
Building in Ibiza
Building in Ibiza can be worthwhile. The construction costs are relatively low compared to other countries and are usually around € 1,200 - € 4,500/ m2 depending on the materials used and the building site. The added value is comparatively high. The market value for a finished house is often around 25-40% higher than the construction and land costs.
Building in Spain is comparatively safe. For a number of years, contractors in Spain have been required by law to provide both construction insurance to cover the costs of construction defects and a bank guarantee to cover the down payments after the building license has been granted.
If necessary, we can put you in touch with experienced and reliable project developers, architects and construction companies.