Formentera is a picturesque island in the Mediterranean Sea, belonging to the group of the Balearic Islands. Unlike the more famous and noisy Ibiza, as part of the archipelago, Formentera is considered to be a "safe haven." And for this reason it is very attractive for tourists and for those who wish to invest their finances. Sale and rental villas on Formentera - demanded and popular service, especially among foreign investors.

Despite its small size and not as big tourist attractiveness as, for example, Ibiza or Majorca, houses for sale and rent on Formentera are very expensive. This is because of the fact that the island has a small area (a little more than 80 square kilometers), and high-rise building is prohibited by law. In general, there is basically no new property being built. Therefore, almost all of the real estate market in Formentera – are secondary buildings.
 

Houses for sale and rent in Formentera
 

are in great demand, despite the extreme limitations of the market offers. The cost of the house on the island close to the seacoast is about 600 000 euros.
 

But the apartments for sale and rent in Formentera in this regard are more relevant - small apartments (40-50 square meters) in one of the settlements of the island can be bought for 50 000 euro. If we talk about the apartments in the houses near the sea, the price immediately rises to 200 000 euros.
 

It is also not easy to buy a piece of land on Formentera.
 

This is mainly due to law difficulties in obtaining building permits. Therefore, all the land, which is available on the island, sold with such permits and is very expensive. The minimal value of land without construction on the island is about 350 000 euros. It is possible to buy a villa with a garden land at a price of € 1 million.
 

Real estate on Fromentere is a good investment. Apartments for sale and rent on Formentera haven’t got cheaper even in times of crisis, and in the coming years - according to analysts - will surely grow in value. This trend will affect not only housing near the famous beaches of the island, but also those homes that are located in the depths of Formentera, because of the limited area of the island you can drive around it just for a few hours, and the way even from the most remote corners to the sea does not exceed 15 minutes by bike.
 

Taking into consideration the prices of rental accommodation (room in the hotel costs 150-1000 euros per day), rent of a house or apartment on Formentera is very profitable – the number of interested is always more than suggestions.

Formentera is an island, located far away from other islands of the archipelago, so it is a little difficult to reach it. On the island there is no airport, so the connection to them is possible only by sea. Three times a week from Denia (mainland Spain) to Formentera runs a ferry. The road will take 2.5 hours, the ticket price, depending on the season ranges from 250 to 360 euros.

Also, there is a ferry service between Ibiza and Formentera. Trip duration is 1 hour, a ticket costs 37 to 40 euros (round trip). Approximately the same amount costs the trip on a high-speed passenger catamaran that overcomes the way from Ibiza to Formentera in just half an hour.

On the island there is a ring road, which connects three largest settlements of the island. Along the route daily runs a bus. In the tourist season - from May to October the bus runs every two hours, the rest of the time - every day. Taxis and private vehicles on the island are not so often used, but bikes are widespread. The territory of Formentera is equipped with 19 cycle routes covering all the attractions of the island.

Formentera is a quiet island with mostly peaceful beach rest. On the island are situated a number of historical attractions - mostly signs of an ancient civilization, which, according to archaeologists, was the first one in this part of the world.

Here you should definitely be offered a tour of the island by car or bike, which costs 55 euros. But it is better to walk around the island on your own, renting a bicycle.

Going on a trip, do not forget to stock up on drinking water or other beverages - the island has no fresh water, which brings benefits to cafes, restaurants, and hotels, which offer water for a fabulous price. But here it is possible to eat relatively cheap. Elegant seafood dinner with lobster will cost in the region 25-30 euros.

The most developed in terms of infrastructure is the city of Es Puzhols where you can find a lot of hotels, cafes, restaurants and shops selling everything you need. Open times are standard for the whole of Spain - from 9:30 to 21:30 with a break from 14:00 to 17:00.