Wealthy Cash Buyers Dominate Ibiza Property Market
This month saw the launch of the all-new Ibiza Sotheby's International Realty website and, with 70% of listings priced in excess of 1.5 million euros, it captures perfectly the current trends within the White Isle's property market.
Amanda Martí, Director of the Ibiza Sotheby's International Realty office, comments, "Remarkably, given obvious global economic conditions, this winter was one of our busiest on record with the bulk of buyers looking for a property priced between 1 and 2.5 million euros. With a scarcity of bank lending, most of these intend to purchase ...