About the project
WITH RENTAL LICENSE. The Olive Residences & Spa represents an exceptional investment opportunity, offering 28 interior designed and beautifully finished properties for sale, within a luxe, contemporary environment. The development is perfectly located in a peaceful campo setting, and only a few minutes away from the beautiful beach of Cala Llonga.
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 that comfortably sleep four, 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.
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;
- from 1st of March 2020 the prices will increase, see prices below.
- No. 4 – Raised Ground Floor Country view with a large terrace | Now € 350,000, from 1st of March € 375,000 euro
- No. 8 – Raised Ground Floor South Facing with a very large terrace | Now € 365,000, from 1st of March € 395,000 euro
- No. 11 – Sun Terrace First floor Property – Country View | Now € 310,000 euro, from 1st of March € 335,000
- No. 19 – Penthouse with 360 degree views from the 50m2 roof terrace and country views | Now € 415,000, from 1st of March € 435,000
- No. 20 – Penthouse with 360 degree views from the 50m2 roof terrace and country views | Now € 415,000, from 1st of March € 435,000
It’s already possible to view the units. Please contact us for more information, viewings & advice!