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Legal & Real Estate

Some Notary Functions are possible via Video Conference

Digital progress in Ibiza: New Law streamlines the work of international lawyers. The possibility of signing notarial deeds via videoconference since November 2023. Limitations for security reasons but significant advances in the process.  READ MORE

Is a seasonal rental contract OK for holiday rentals?

Ibiza generally prohibits tourist rentals, but some landlords attempt to bypass this by formalizing seasonal leases exceeding a month. However, distinctions exist between seasonal leases and tourist rentals under different legal provisions. While tourist rentals are regulated by the Tourism ... READ MORE

Understanding the New Balearic Inheritance Tax Laws

"🔍✨ Tax Changes in the Balearic Islands: The new Balearic government has approved tax benefits in the Inheritance Tax. How does this affect residents and non-residents? We analyze the implications and options for informed inheritance planning. #InheritanceTax #EstatePlanning 🏡💡" READ MORE

MODELO 210 - Tax for Non-Resident Homeowners

Non-resident property owners in Ibiza must pay Income Tax and file an annual declaration using model 210. The tax is calculated on the cadastral value, with the base for the EU being 1.1% of that value, while for non-EU citizens, it is 24%. The self-assessment must be filed before December 3... READ MORE

The Importance of the Energy Efficiency Certificate

The energy efficiency certificate is essential for selling or renting properties in Ibiza. Rated from A to G, it assesses efficiency in aspects like heating, lighting, and insulation. Important for buyers and mandatory for vacation rentals since 2021, it impacts the property's value. The "G"... READ MORE

Trends in Ibiza Real Estate

Ibiza's real estate market faces high demand, driven by its uniqueness and investment history. After the 2008 crisis, it recovered, but COVID-19 affected it in 2020. Construction is growing, but most properties are used as second homes. Government measures aim to regulate prices and preserve... READ MORE

Prestige Properties: Celebrating 40 years on Ibiza

Prestige Properties, a luxury real estate agency in Ibiza, celebrates its 40th anniversary, reflecting on its history and vision. Founded by Pascale Dufournier in 1983, the agency thrived, overcoming challenges and evolving. After Pascale's passing in 2022, Victor Van den Driessche assumed l... READ MORE

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