Ibiza & Formentera — Airbnb Investment Data
Spain’s highest peak-season ADRs — a licence-gated luxury market.
Ibiza runs the highest nightly rates in Spain: peak-summer villa ADRs routinely multiply mainland prices, driven by an international party-and-luxury crowd plus a quieter premium family market in the north. Neighbouring Formentera is a boat-access boutique market with its own loyal demand.
The same ETV moratorium as the rest of the Balearics applies, so the play is acquiring already-licensed villas — scarce, expensive, and very hard to compete against once owned.
870
Tracked Listings
6
Areas Covered
47%
Avg Occupancy
€1,026
Typical ADR
€478
RevPAR
Occupancy and ADR are observed from live Airbnb calendars across Mar 2026–Dec 2026 (870 tracked listings). ADR reflects asking prices; upcoming months show booking pace to date and typically rise as the month approaches.
Highest-scoring Ibiza & Formentera villas
Ranked by BrixfoxScore — real, after-tax net yield from live Airbnb data, not asking-price guesswork.
Detached house in Diseminado s'Hort Nou, Sant Rafel de sa Creu, Sant Antoni de Portmany
Detached house in Santa Eulalia del Río, Santa Eulalia del Río
Detached house in Diseminado p 21 n s Jesus, Jesús, Santa Eulalia del Río
Detached house in Santa Gertrudis, Santa Eulalia del Río
Detached house in San Carlos, Santa Eulalia del Río
Detached house in San Carlos, Santa Eulalia del Río
Detached house in Santa Eulalia del Río, Santa Eulalia del Río
Detached house in Calle Tauet, Can Furnet, Santa Eulalia del Río
Detached house in Calle del Romaní, Ca Na Negreta - Can Ramón, Santa Eulalia del Río
Airbnb Performance by Area in Ibiza & Formentera
Live Airbnb performance by area — occupancy and typical nightly rate from tracked calendars, all property sizes blended.
| Area | Region | Listings | Occupancy | Typical ADR | Est. Monthly Revenue |
|---|---|---|---|---|---|
| Ibiza Town | Ibiza | 222 | 46% | €1,362 | €22,373 |
| Formentera | Formentera | 178 | 47% | €477 | €6,978 |
| Sant Antoni | Ibiza | 154 | 49% | €690 | €12,802 |
| Santa Eulària | Ibiza | 144 | 46% | €984 | €13,001 |
| San Jose | Ibiza | 137 | 44% | €1,552 | €22,237 |
| Portinatx | Ibiza | 35 | 47% | €1,229 | €13,582 |
Booking Pace by Month
Calendar-observed occupancy per month. Upcoming months show bookings already on the calendar and fill further as dates approach.
Performance by Property Size
0 bedrooms
49% occupancy
€337 per night
102 tracked
1 bedroom
52% occupancy
€588 per night
162 tracked
2 bedrooms
50% occupancy
€371 per night
105 tracked
3 bedrooms
45% occupancy
€733 per night
134 tracked
Short-Term Rental Rules in Ibiza & Formentera
Licensing is the single biggest factor in Spanish STR underwriting — it determines whether projected income is achievable at all.
New licences
New ETV licences have been under moratorium since February 2022 (extended indefinitely in May 2024). A limited CBAT allocation of 654 new tourist places opened in September 2025 — the first since the freeze.
When you buy
The licence attaches to the property and transfers with the sale, provided the deed expressly includes a transfer clause and the island council (Consell Insular) approves it within 60 days.
Buyer checkpoint
Buying a villa with an existing, transferable ETV is effectively the only reliable route into Balearic STR. Verify the licence number, plaza count, and that the deed includes the transfer clause before exchange.
National registry (all of Spain)
Since 1 July 2025 every short-term rental in Spain must hold a national registration number (NRA) from the Registro Único (Royal Decree 1312/2024). Platforms like Airbnb must delist properties without one within 48 hours. The NRA sits on top of each region’s own licence regime — you need both.
Regulation overview only, current as of June 2026 — not legal advice. Verify with a local lawyer before purchase.
Frequently Asked Questions
Why are Ibiza rental yields attractive if prices are so high?
Peak-season ADRs are extreme (luxury villas clear four figures a night in July–August), and licensed supply cannot grow under the moratorium. The yield case depends on buying with a valid, transferable ETV licence — never without.
Can apartments in Ibiza be rented short-term?
Generally no — Balearic rules and municipal zoning heavily restrict apartment holiday lets. The investable STR stock is licensed villas and townhouses.
How seasonal is Ibiza?
Very. The season runs roughly May to early October with an intense July–August peak. The monthly booking-pace data on this page shows how demand ramps through the season.