Courtesy of Balearics Sotheby’s International
The Balearics have been enjoying the benefits of a market in recovery for quite some time now. The news coming out of Mallorca and Ibiza Sotheby’s International Realty’s offices as they reflect on the half-year is certainly very positive.
The Island undergoing the biggest upswing is Ibiza. Glynn Evans, Managing Director of Ibiza Sotheby’s International Realty, says, “This year in particular there has been a constant stream of luxury lifestyle news items relating to Ibiza which show that big things are happening. Ibiza is now thought to have the most expensive restaurant in the world, 1,500 euros per head for 20 courses at Sublimotion at the Hard Rock Hotel, while multi-Michelin-starred chefs, brothers Ferran and Albert Adria of elBulli fame, have just announced that they’re opening a new restaurant in Ibiza in 2015.”