Ibiza Development sees first price drop of 2012
By Kevin Barnett, 03 Jan 2012
The uber-luxury beach front development, Ibiza Royal Beach, has just released adjusted prices to reflect the current market conditions in Ibiza. The price decrease represents a realistic assumption of 2012's selling possibilities.
With around 70% of the development still for sale after 1 year on the market, the bosses and banks knocked their heads together to come up with a resolution. Lower prices and more You can now buy a 2 bedroom apartment in Ibiza Royal Beach for EUR 276,000 + IVA.
Big-name DJs and football stars have already purchased an apartment in Ibiza Royal Beach and were frequently spotted throughout Summer moving in their Italian-designed furniture to their luxury island pad. The first occupancies took place in Summer 2011 and the developer even rented apartments to corporate clients during the season.
We're now looking to kick-start sales in 2012 with these new prices and potential clients are already visiting the island now. Completions can be done within weeks and you could be renting out or enjoying the apartment in the summer months.