Calaconta, Ibiza’s latest luxury property development, is located in San Josep on the Western coast of the beachy Balearic island. The 32 contemporary villas all have four or five bedrooms, pools and garages along with a spa, 24-hour surveillance and a dedicated concierge. Despite the economic climate, Ibiza property has remained in its own bubble. Tinsa, Spanish a valuation company, reported that the Balearic and Canary Island are the only regions in Spain where house prices went up (an increase in 3.3% over a year) whilst prices in the rest of Spain declined by 10.5%.
Villas are priced from HK$22m, www.calaconta.es