5-Bedroom Renovation Apartment for Sale on Carrer de Castela, Ibiza Town

Important features of this apartment

• Terrace
• Natural light
• Mosaic tile flooring
• Transport nearby
• To renovate
• Library
• Fireplace
• Equipped Kitchen
• Built-in wardrobes
• Balcony
• Alarm
• Air conditioning
• Floor plan 143m²
• Liveable area 143m²

Everything you need to know about this apartment for sale

Exclusive with Lucas Fox, this spacious 143 m² apartment is located in the heart of Ibiza Town, in one of the most established and convenient residential areas in the city.

Positioned just a short distance from Vara de Rey, the Marina, and Dalt Vila, the property enjoys immediate access to essential services, restaurants, and transport connections, while Ibiza Airport can be reached in approximately 10 minutes.

With its generous size, outdoor spaces, and strong renovation potential, this property represents an excellent opportunity for both end-users and investors seeking value in a prime location.

The apartment is situated on the second floor of a well-maintained residential building dating from the early 1980s, reflecting the typical Ibizan urban style of the period, with clean lines and practical design.

Inside, the property retains original elements such as mosaic tile flooring , offering character and a solid base for a modern refurbishment project.

Upon entering the property, you are welcomed by a spacious entrance hall (recibidor) that clearly divides the apartment into two distinct areas.

On one side, the day area features a large and bright living and dining room, a guest bathroom, and a generous office space that can easily be converted into an additional bedroom. All these areas benefit from direct access to a private terrace of approximately 11 m², creating a seamless indoor-outdoor living experience.

On the opposite side, the property offers a separate fully equipped kitchen, complemented by a utility and storage area (trastero and laundry). From here, a corridor leads to a multi-purpose room, which can be adapted into an additional bedroom, bathroom, or office depending on the buyer’s needs.

The night area comprises three spacious bedrooms and one bathroom, including two bedrooms that are connected through an enclosed terrace currently used as additional storage space.

While the property is currently distributed as a 4-bedroom apartment, it can easily be presented as a 5-bedroom property. However, its real strength lies in the flexibility to redesign the layout, with most buyers likely to optimise the space by creating larger living areas, additional bathrooms, or home office configurations.

A balcony further enhances the outdoor connection and allows for excellent cross ventilation throughout the apartment.

This is a rare opportunity to acquire a large apartment with a terrace in central Ibiza Town, offering significant potential for renovation and value creation. Its size, layout flexibility, and location make it ideal for families, as a primary residence, or as a high-yield rental investment after refurbishment.

Please contact us for further information or to arrange a private viewing.

Exclusive listing

Property only available with Lucas Fox

Extras

• Excellent natural light throughout the day due to dual aspect layout
• Original features including mosaic tile flooring 
• Strong character with solid base for high-quality renovation
• Private terrace and balcony enhancing indoor-outdoor living
• Generous surface (143 m²) with well-proportioned spaces
• Flexible layout with multiple reconfiguration options
• Potential to increase number of bathrooms or create open-plan living area
• Possibility to adapt up to 5 bedrooms, maximizing rental income potential
• Ideal configuration for shared living or co-living rental model
• Strong long-term rental yield potential due to size and central location
• High demand area for year-round rentals in Ibiza Town
• Well-maintained residential building
• Prime central location within walking distance to all amenities
• Excellent opportunity for value-add investment with rental optimisation strategy

Distribution of this apartment

• Entrance hall

Day area

• Spacious living room and dining room with direct access to 11 sqm covered terrace
• Independent equipped kitchen 
• 1 bathroom
• 1 office

Night area

• 4 bedrooms
• 1 bathroom

Outdoor spaces

• Private terrace (approx. 11 m²)
• Balcony

Ibiza Town, Balearic Islands: Location and surroundings of this property

Located in the heart of Ibiza Town, this property enjoys a highly convenient and central setting within one of the city’s most established residential areas. All daily amenities, including supermarkets, local shops, schools, and public transport connections, are within walking distance, making it ideal for year-round living.

The apartment is just a short stroll from the vibrant centre, including Vara de Rey and the Marina area, while the historic Dalt Vila, a UNESCO World Heritage Site, is also nearby. Several of Ibiza’s most beautiful beaches can be reached within a 10–15 minute drive, and Ibiza Airport is approximately 10 minutes away.

This location offers the perfect balance between urban convenience and access to Ibiza’s lifestyle highlights, making it particularly attractive for both residents and investors.

Energy certificate for this property

Energy Certificate : In process