Lucas Fox Spanish Real Estate Market Report / First half 2023 / Ibiza & Menorca
PRICES
Despite falling sales, asking prices increased significantly over 12 months to end the first semester and compared to 2019. This was largely due to a shortage of properties for sale.
IBIZA & MENORCA ASKING PRICE INDEX BASE = Q1 2019 Source: Idealista
CIUTADELLA
IBIZA CITY
100%
100%
110.0
129.0
50%
150%
50%
150%
€/sqm 2,808
Y-O-Y 13.2%
Trend
€/sqm 5,691
Y-O-Y 6.8%
Trend
MAHÓN CITY
SANTA EULALIA DEL RÍO
100%
100%
130.9
132.2
50%
150%
50%
150%
Trend
Trend
€/sqm 2,558
Y-O-Y 12.3%
€/sqm 6,394
Y-O-Y 11.4%
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