About the project
WITH RENTAL LICENSE
The Olive Residences & Spa represents an exceptional investment opportunity our development of 28 interior designed properties with a luxury spa, gym, chiringuito, and outdoor pools and lounge. The development is perfectly located in a peaceful campo setting, and only a few minutes away from the beautiful beach of Cala Llonga. is located in Cala LLonga, Ibiza. It is a fantastic investment opportunity – we are conservatively forecasting 7% net yields.
We have 4 properties remaining for sale at the moment in The Olive so please do let me know if you are interested as we can meet at the site anytime – and I can show you the pilot unit and answer any questions.Each of the properties in The Olive is sold with its own Tourist Licence, allowing the investor to capitalise on Ibiza’s lucrative holiday rental market by freely advertising the property for nightly or weekly lets. Even on a conservative basis, yields at The Olive are estimated at 7-8% per year, making this the stand out investment opportunity of recent years.
Properties at The Olive take the form of one bedroom apartments, all with sun terraces, private gardens or decadent roof terraces – perfectly positioned for the rental market. There is also an underground spa featuring a pool, steam room and sauna, a fully equipped gym and outdoors a gorgeous lounge area with a circular swimming pool. There is a private parking space for each property and electric charging points for cars and scooters and overall a very strong focus on sustainability and future proof development practices.
These interiors of all properties at The Olive are the same – they are comprised of a fully equipped and very stylish kitchen with a breakfast bar, an open plan living area with a sofa (which converts into a full size bed for extra guests) leading to a terrace set up for drinks (two rattan lounge chairs and a wooden table). The living room also has a door to the master bedroom which also opens onto the terrace, and a luxury bathroom with a walk in shower and contemporary sink unit. The Olive properties are all beautifully designed and furnished and and sold completely ready to rent out.
The Olive will operate as a luxury boutique hotel and all the rooms will be perfectly appointed with organic bathroom products, fine wine, chilled water, cold beers, slippers, robes, a handwritten note from our GM, luxury bedding and towels and everything you would expect to find in a 5 star boutique hotel.
Good to know
- 2 months a year you can use the apartment for yourself;
- several units for sale from 49 m2, and as well still a few penthouses for sale;
- The Olive will take care of all the bookings, payments, check-ins and outs of guests;
AVAILABLE APARTMENTS :
“CHIC TERRAZA” 8 Raised Ground Floor apartment – beautiful light & bright South facing apartment and a very large terrace – 385,000 euro
“PENTHOUSE” 18 – 2nd floor beautiful country views and also stunning 360 degree views from the 50m2 roof terrace – 450,000 euro
“PENTHOUSE” 19 – 2nd floor beautiful country views and also stunning 360 degree views from the 50m2 roof terrace – 450,000 euro
“PENTHOUSE” 23 – 2nd floor South facing property with stunning 360 degree views from the 50m2 roof terrace – 450,000 euro
It’s already possible to view the units. Please contact us for more information, viewings & advice!