Under constructionExample listing

Santa Eulalia Villas

Santa Eulalia del Río, Ibiza · Balearic Islands

From €2,950,000
Example image: new-build villa with pool and sea viewExample image: new-build apartments with terraces and a shared pool
STATUS
Completion Q3 2027
BEDROOMS
4 beds
BUILT AREA
280 m²
TERRACES
100 m²
PLOT
1,100 m²
ENERGY RATING
A
DEVELOPER
Not stated

About the development

Villas with private pools in the north-east of the island. This is an example listing used while the site is being built: the project, its units and its figures are invented to show how a development page works.

Units and prices

Payment plan

30%
40%
30%
On contract (including reservation)30%€885,000
During construction40%€1,180,000
On completion, at the notary30%€885,000

Amounts based on the lowest price in the development.

The listing states that payments before completion are covered by a bank guarantee or insurance. Your lawyer should check the certificate for each payment. How deposit protection works

How you are protected

BEFORE COMPLETION

Every stage payment guaranteed

Money you pay before completion must be covered by an aval bancario or insurance and paid into a special account used only for the construction. If the home is not built or not finished on time, you are repaid with interest.

AFTER COMPLETION
  • 10Structure · 10 yearsFoundations, beams, slabs and load-bearing walls, backed by the compulsory seguro decenal.
  • 3Installations · 3 yearsDefects that affect habitability: waterproofing, plumbing, electrics, insulation.
  • 1Finishes · 1 yearPaint, tiling, carpentry and fittings, claimed from the builder.

Liability periods under art. 17 of Ley 38/1999 (LOE), counted from the formal acceptance of the works. How guarantees and warranties work

What it costs to buy

Price€2,950,000
IVA (10%)€295,000
Stamp duty, AJD (2%)€59,000
Notary and land registry (estimate)estimate€23,600
Independent lawyer (estimate)estimate€35,695
Total cost€3,363,295

About 14% on top of the price in Illes Balears. A 2% rate applies to properties of about €1 million or more; check the exact threshold with your lawyer.

New-build purchase from the developer in Illes Balears, buyer without main-home reductions, as of 16 Oct 2026.Work out costs for another price

Comparing with an older home? See the ten-year cost of new build vs resale

Letting this home

LETTING TO TOURISTS · BALEARIC ISLANDS

Register: Estancia turística en vivienda (ETV), by declaración responsable to the island council; tourist places are capped and must be acquired

  • A home generally needs five years of private residential use before it can be let to tourists, which rules out a new build at first.
  • New tourist places in apartment buildings are barred on all the islands (Decreto ley 4/2025).

Town halls add their own rules and change them often. Confirm with the town hall and the regional tourism department before you buy. Position as of 16 Oct 2026. Tourist licences region by region

EVERYWHERE IN SPAIN

  • In a building with a community of owners, a new tourist rental needs the community's express approval by three-fifths of owners and quotas (since 3 April 2025).
  • Long-term lets follow the LAU: for an individual landlord a tenant can stay up to five years, and the deposit is one month's rent.
  • Spain taxes rental income of non-residents at 19% (EU/EEA) or 24% (others) through IRNR.

Letting long term · Net rental yield

Features

  • Private pool
  • Sea views
  • Private garden
  • Garage
  • Smart home
  • Air conditioning
From€2.95M Ask an advisor