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.
1,357
Tracked Listings
6
Areas Covered
38%
Avg Occupancy
€817
Typical ADR
€310
RevPAR
Occupancy and ADR are observed from live Airbnb calendars across Mar 2026–Jan 2027 (1,357 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 Cala Vedella - Cala Tarida - Cala Conta, Sant Josep de Sa Talaia
Detached house in Calle del Xaloc, Santa Eulalia del Río, Santa Eulalia del Río
Detached house in Disseminat sa Caleta, Sant Jordi de Ses Salines, Sant Josep de Sa Talaia
Semi-detached house in Calle els Lliris, 34, Santa Eulalia del Río, Santa Eulalia del Río
Detached house in Calle de Huelva, 38, San Agustín - Cala de Bou, Sant Josep de Sa Talaia
House in Sant Antoni de Portmany, Sant Antoni de Portmany
Detached house in Cala Vedella - Cala Tarida - Cala Conta, Sant Josep de Sa Talaia
Terraced house in Calle dels Cirerers, 11, Sant Antoni de Portmany, Sant Antoni de Portmany
Detached house in Sant Josep, Sant Josep de Sa Talaia
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 |
|---|---|---|---|---|---|
| Formentera | Formentera | 324 | 39% | €392 | €5,941 |
| Ibiza Town | Ibiza | 308 | 38% | €1,027 | €18,852 |
| Santa Eulària | Ibiza | 241 | 37% | €759 | €8,802 |
| Sant Antoni | Ibiza | 221 | 38% | €671 | €10,157 |
| San Jose | Ibiza | 201 | 39% | €1,328 | €14,402 |
| Portinatx | Ibiza | 62 | 38% | €828 | €8,659 |
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
29% occupancy
€540 per night
248 tracked
1 bedroom
41% occupancy
€245 per night
196 tracked
2 bedrooms
41% occupancy
€348 per night
163 tracked
3 bedrooms
42% occupancy
€645 per night
220 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.