When you’re considering buying a property in Ibiza, one of the key questions is: new build or resale? Both options offer clear advantages but also come with different costs and benefits. At IBIZA ROYAL AGENCY, we analyze the real numbers and help you buy smart.
New Build: A Safe Investment Without Surprises
- Energy certification and modern finishes, requiring little to no renovation.
- Brand new community: reduced risk of unexpected fees.
- Higher upfront costs (VAT, notary) but lower maintenance: around 10 % more compared to resale properties.
- Potential returns: new builds in prime areas can appreciate up to +30 % in 5 years. Learn more in this checklist for finding your ideal property.
Discover our exclusive selection of new construction properties
Resale Homes: More Affordable but with Variables
- Lower purchase price, but factor in transfer tax (8 – 11 %), renovation work, or outdated certifications.
- Possible risks: legal burdens or zoning issues — a thorough due diligence with local legal advice is essential.
- Room for negotiation: resale properties often allow price reductions, while new builds usually have less flexibility.
Buying Smart: Your Strategic Guide in the Decisive Phase
At this stage, you need to make the choice between new and resale with data and clarity. Here are the key pillars:
Define Your Profile: Buying to Live or to Invest?
Are you looking for a home or considering holiday rentals or resale? Rental yields in Ibiza can exceed 1 % net per month of the total price, including renovations and taxes. Discover more in this article on buying to live or invest.
Real Comparison of Costs and Timing
Example for Ibiza:
| Option | Purchase Price | Approx. Costs | Extras |
|---|---|---|---|
| New Build | €600,000 | +€60,000 (VAT + notary) | Few extra costs, +30 % appreciation in 5 years |
| Resale Home | €500,000 | +€60,000 (transfer tax and fees) | +€20,000 renovation, more room for negotiation |
Technical Aspects That Make the Difference
- Condition of the property, energy certificates, land registry, and tourist licenses (essential in Ibiza).
- For new builds: review delivery clauses, possible penalties for delays, and legal deadlines.
- For resale: a technical inspection, review of the community of owners, and potential building fees.
Why Choosing Ibiza Royal Agency Gives You an Edge
In the decisive stage, having the support of an agency with both local expertise and international scope makes all the difference.
Our track record speaks for itself: over 150 successful transactions, a 98 % client recommendation rate, and zero legal disputes. Learn more in Real Case Studies.
- Realistic comparisons of new build vs. resale tailored to your profile.
- Personalized financial report to help you buy smart.
- Full legal, urban planning, and tax management — especially relevant under Balearic tourism regulations.
You may also want to read: Checklist for finding your ideal home and Buying to live or invest?.
Conclusion: New Build or Resale? You Decide with Real Data
In summary:
| Option | Advantages | Disadvantages |
|---|---|---|
| New Build | Fewer surprises, modern design, strong appreciation potential | Higher price, limited negotiation |
| Resale Home | Lower initial budget, negotiation opportunities, character | Renovations needed, possible legal/urban risks, existing community |
Want to Buy in Ibiza with Complete Confidence?
At IBIZA ROYAL AGENCY, we help you make this key decision with real data, a personalized financial analysis, and full legal and tax support.
