Ibiza: The sale of tourist apartments as residential one goes off in the Pitiuses

Apartments in Ibiza that until recent times were for tourist, that is to say, were commercialized per days or weeks, are entering the traditional real estate market. The high prices of the houses, even those of second hand, have caused the exit to the market of these apartments. One is the first evidence of which there is in march in Eivissa a certain process of reconversion of hotel places lodging in residential. A perspective that contemplates the present Govern like measurement to reduce places and to improve the quality of the existing ones, simultaneously that regulates the prices of the residential houses.

Ibiza | Five establishments of tourist apartments have already been used as residential. This supposes a reduction of 368 places of this type in a year, a quite excellent number if it considers that this sector has been years of stability. In this sense, the person in charge of one of the real estate ones consulted confirms that there are industralists who have decided "to come off themselves a little obsolete apartments". Instead of reforming them "they prefer to give them of loss in tourist activities and to sell them like residential floors".