Balearic Islands, Ibiza
Ibiza, Spain
Guide Price
$978945
€850000 EUR · $4/sqft
PROPERTY TYPE
land
BEDROOMS
0
SIZE
236808 sq ft
Description
Nestled in the tranquil valley of Benimussa, in the heart of Ibiza, this agricultural plot of 22,000 m² offers a unique opportunity to cultivate and develop a boutique vineyard in one of the island’s most authentic rural landscapes Classified as suelo rústico común, the property combines natural ...
Location
Open in Google MapsLiving in Ibiza
Far more than its party reputation — Ibiza Town has a UNESCO-listed old quarter, and the island's north is tranquil farmland and hidden coves. It's one of Spain's most expensive places to live, with 1-bedroom rentals starting around €1,500/month and imported goods costing 10-20% more than the mainland. The off-season (October to May) is peaceful, affordable, and has a tight-knit international community.
Morning coffee in sun-drenched plazas, afternoon siestas, and late-night tapas with neighbors who become family while the rest of Europe shivers through winter.
Visa
Digital Nomad Visa — requires remote work for a non-Spanish company (3+ months tenure), min ~€2,850/mo income, and a degree or 3 years experience. Valid 1 year, up to 3 years. Special 24% flat tax rate. Non-Lucrative Visa suits retirees and those with passive income (€28,800/yr, no work allowed).
Learn more: The Complete Guide to Moving to Spain→Key Fact
Spain offers a special "Beckham Law" flat tax rate of 24% for digital nomad visa holders for up to 6 years, compared to progressive rates up to 47% for regular residents. This is a major financial advantage.
Learn more: Portugal vs Spain: Which Is Better for Americans?→Spain at a glance
How Spain scores for American expats
Cost of buying in Spain
Estimated fees and ongoing costs for this property
Closing Costs
10-15% of purchase price (one of the highest)
- ·Transfer tax: 6-10% (varies by region)
- ·Notary: 0.5-1%
- ·Land registry: 0.5-1%
- ·Legal fees: 1-1.5%
Annual Costs
Property Tax
0.3-1.1% of cadastral value (IBI)
Insurance
€300-600/yr
HOA / Condo Fees
€50-200/mo for apartments (comunidad)
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreign buyers need an NIE (tax ID number). Apply at Spanish consulate or police station in Spain. Processing: 2-6 weeks.
Legal help in Spain
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Spain?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
IBIZA COUNTRY VILLAS SL
IBIZA COUNTRY VILLAS SL, Ibiza
Next steps for moving to Spain
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
Rightmove Overseas
61000
EUR