GROWING INTEREST FROM CHINESE INVESTORS IN IBIZA

In recent years, there has been a growing interest in investing in Spain's Ibiza from Chinese investors. Ibiza is a well-known tourist destination in Spain, with its stunning beaches, rich culture and diverse lifestyle, attracting tourists and investors from all over the world.

Investment Advantages:

• Tourism is well developed: Ibiza is one of the most popular tourist destinations in Spain, attracting millions of visitors every year. The development of tourism has led to the local real estate market, and the return on investment is considerable.
• Economic growth: The Spanish economy has maintained steady growth in recent years, providing a favorable environment for investment.
• Livable Environment: Ibiza has a beautiful natural environment and a comfortable climate for living and living.
• Favorable policies: The Spanish government has introduced a series of policies to attract foreign investment to make it easier for investors.

Investment Method:

• Buying property: Buying property is the most common way for Chinese to invest in Ibiza. There are various types of properties in Ibiza, including apartments, villas, shops, etc., and investors can choose according to their needs.
• Invest in Hotels: Ibiza's hospitality industry is well-developed, and investing in hotels can earn a steady income.
• Invest in other industries: Investors can also invest in other properties in Ibiza, such as agriculture, restaurants, entertainment, etc.
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Here are some examples of Chinese investors investing in Ibiza:

In 2017:

• China's Wanda Group has spent 260 million euros to acquire the Ibiza Gran Hotel in Ibiza. The 417-room hotel is located on Playa d'en Bossa beach on the island of Ibiza and is one of the largest hotels on the island of Ibiza.

In 2018:

• China's Fosun Group has acquired Grupo Pitiusa, another hotel in Ibiza. Grupo Pitiusa has 5 hotels, including the Ibiza Corso Hotel & Spa, Ibiza Playa Hotel & Spa and Apartamentos Pitiusa on the island of Ibiza, as well as the Formentera Playa Hotel & Spa and Apartamentos on the island of Formentera Pitiusa Formentera.

In 2019:

• A consortium of Chinese investors acquired seven hotels in Ibiza. The consortium, which is made up of Shanghai-based Greenland Shenhua Investment Group and Chinese state-owned enterprises, has acquired hotels such as Hotel Ocean Drive Talamanca, Hotel THB Los Molinos, Hotel Vibra Cala Tarida, Hotel Playasol Cala Marcal and Hotel Fergus on the island of Ibiza Style Cala Blanca and Hotel Pinet Playa, as well as Hotel Riu La Mola in Formentera.

Other Investment Cases:

• In 2020, Chinese investors acquired Ibiza's private jet leasing company.
• In 2021, Chinese investors acquired a real estate development company in Ibiza.

These cases illustrate the growing interest in Ibiza from Chinese investors, and Ibiza has become one of the important destinations for Chinese investors to invest overseas.