For many people the Balearic Island of Ibiza is famous for being a global centre for dance music and clubbing culture.
Yet massive superclub venues that host some of the most famous DJs on the planet are far from being the only attractions on what has long been known as the ‘White Isle’.
The hedonistic reputation that the island has in fact stretches back over many decades, and the modern noisy conurbations of San Antonio or the slightly more cosmopolitan feel of Ibiza Town are not the main reasons behind this.
Indeed anyone who has looked further afield on the island will be aware of the full beauty of the many beaches and coves scattered around its beautiful coastline, but there are more recent developments that may be of particular interest to potential property investors.
High end sales are currently making for a vibrant market on Ibiza, with crime-free gated communities such as Vista Alegre on the south coast pushing up demand for exclusive properties.
The area hasn't had one burglary for five years, and more similar collections of multi-million pound homes are likely to appear in the coming year.
Statistics that can show security safety along these lines can be an important part of the appeal for luxury properties in locations such as Ibiza and can add a premium to already high prices.
By offering crime-free communities this type of development looks to highlight the more expensive properties that have long attracted wealthy buyers to the island.
The greater the value of the financial amounts involved in a property purchase, the more important it is to take full advantage of the best exchange rates available at any one time.
Most banks charge higher fees than dedicated foreign currency exchange specialists, so if you are looking to send money abroad take a look at the alternatives on offer.
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