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Eivissa · report

Empty homes in Eivissa

10.1% of the 23,938 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.1%
Empty homes
2,411

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Eivissa10.1%
Illes Balears province16.2%
Spain14.4%

The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.

Other reports for Eivissa

At the average appraised value, a 90 m² home costs €492,597. With 10% down and a 30-year mortgage, the payment is €1,879 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
47%
Payment, one income
93%

Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

Rent per month
€1,467
Owning per month
€1,743

Figures for Illes Balears province: Eivissa has no reliable figures of its own.

31.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
4,086

Figures for Illes Balears province: Eivissa has no reliable figures of its own.

Buyers living abroad bought 22.4% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
22.4%

Appraised values have fallen by 3% or more 8 times since 2005. The deepest began in Q4 2008.

Deepest fall
−36.4%
Recovery from the low
69 months