City guide Formentera
- Method Generated Researched
- 1-Bedroom Purchase Price (City Center) Approx. €9,500 per m² (e.g., 60 m² = €570,000). Fotocasa October 2026 puts the municipality at 8,943 euro per square metre, with no split…
- 1-Bedroom Purchase Price (Outside City) Approx. €7,000 per m² (e.g., 60 m² = €420,000). Fotocasa October 2026 does not publish a separate outskirts rate. The municipal asking…
- 2-Bedroom Purchase Price (City Center) Approx. €9,000 per m² (e.g., 80 m² = €720,000). Fotocasa October 2026 puts the municipality at 8,943 euro per square metre, with no split…
- 2-Bedroom Purchase Price (Outside City) Approx. €6,500 per m² (e.g., 80 m² = €520,000). Fotocasa October 2026 does not publish a separate outskirts rate. The municipal asking…
- Accommodation Luxury villas, seasonal apartments, and boutique hostals. Prices spike significantly… Most hotels are small and independent, and the majority are one- or two-star. There are…
- Annual Events Festes de Sant Jaume (July); Formentera Jazz Festival (June). The island fiestas are around 25 July for Sant Jaume (San Jaime), the patron saint.
- Attractive Tax System for Digital Nomads Spanish Digital Nomad Visa ('Beckham Law' eligibility) offers 24% flat tax on… Employed remote workers, including people with the international telework visa, can opt…
- Bar/Nightlife Area Es Pujols (Bananos, Tipic) - Very seasonal, quiet in March. Tipic is in Es Pujols. On Platja Migjorn the travel guide names Blue Bar and Gecko Beach…
- Best Beach Nearby Playa de Ses Illetes (Top-tier crystal water, located in the north). Platja de ses Illetes, on the north shore. A travel guide lists it as a crowded beach with…
- Best Coworking Space None dedicated; most use 'Espai de Cotreball' community initiatives or hotel lobbies like… Formentera has no coworking for travellers. The only shared space is the Espai Empresarial…
- Best Hospital Hospital de Formentera (Sant Francesc Xavier) - Modern public facility. Hospital de Formentera, on Camí des Pujols in Sant Francesc de Formentera.
- Best Taxi/Ride App No Uber/Cabify. Use Radio Taxi Formentera (+34 971 32 23 42). Approx €15-25 across the… Radio Taxi Formentera, +34 971 32 23 42. Taxis still use a reference tariff set by the…
- Birdwatching Locations Estany Pudent (Flamingos are common in the salt lagoons). Flamingos live year-round in the salt marshes of the natural park. Estany Pudent is a…
- Cashless Friendly Yes, widely accepted in towns, but some 'Chiringuitos' (beach bars) prefer cash. Cards are widely accepted. The island buses take cash.
- City Formentera, Balearic Islands, Spain Formentera, the southernmost Balearic island, is a single municipality in Spain. The…
- Controlled Foreign Company (CFC) Rules Yes, strict Spanish Transposition of EU ATAD. Yes. A Spanish resident is taxed on a foreign subsidiary when it owns, alone or with…
- Corporate Tax 25% (Standard Spanish rate). The general corporation tax rate is 25 percent.
- Currency & Banking Euro (€). 1 EUR ≈ 1.08 USD. Major banks include CaixaBank and Sabadell in Sant Francesc. Euro (EUR). On 19 October 2026 the European Central Bank rate was 1 EUR = 1.1225 USD, so 1…
- Dividend Withholding Tax 19% to 28% (Progressive scale for residents). Non-residents pay 19 percent on dividends, and treaties can set a lower rate. Residents…
- Highest Income Tax Bracket Approx. 47% (Varies by autonomous region; Balearic Islands applies). The national 2026 withholding guideline reaches 47 percent above 300,000 euro. Actual…
- Highway Access PM-820 is the main artery connecting the port (La Savina) to El Pilar de la Mola. PM-820 is the main road across the island, through the main settlements, from La Savina…
- Historical Sites Ca na Costa (Megalithic stone circle near Estany Pudent). The megalithic tomb of Ca na Costa, on the road from Sant Ferran to La Savina at Es…
- Local Heritage The 'Posidonia Oceanica' (Seagrass) - UNESCO Heritage protected around the island. The salt park is part of the UNESCO World Heritage listing Ibiza, Biodiversity and…
- Main Train/Transit Hub No trains. Main hub is Port de la Savina (Ferry arrivals). There is no airport and no train. Ferries and the island buses meet at Port de la Savina.
- Museums & Art Venues Museu Etnogràfic de Formentera (Sant Francesc). A small ethnological museum. The travel guide lists it with the megalithic sites, the…
- Must-See Landmarks Far de la Mola (Lighthouse at the edge of the cliffs). Far de la Mola, on the road from La Savina, and the Cap de Barbaria lighthouse.
- National Parks Nearby Parc Natural de ses Salines d'Eivissa i Formentera. There is no national park on the island. Ses Salines d'Eivissa i Formentera is a natural…
- Nearby Nature Escapes Ses Salines Natural Park (Salt pans and migratory bird sanctuary). The salt pans of the natural park of Ses Salines. Flamingos live in the park year-round.
Fix pass. Tap Water now uses the shared Spain wording. SIM Card now states the country prep’s 28-day bundle, removing the separate card-validity detail. Corporate Tax and Tax System use the corrected comparison-city wording. Dividend Withholding Tax adds the non-resident rate and treaty caveat. Highest Income Tax Bracket distinguishes the national withholding guideline from combined regional rates and includes the country profile’s effective top. Attractive Tax System for Digital Nomads explicitly includes eligible international-telework employees and the 600,000 euro threshold. Updated research attribution and date, and added the Orange tariff-table citation. Best Coworking Space, Best Hospital, Religious Sites and Historical Sites now have explicit evidence limitations under Not verified; their item values are unchanged. (https://www.orange.es/tarifas/movil/prepago, https://en.wikivoyage.org/wiki/Spain, https://taxsummaries.pwc.com/spain/individual/taxes-on-personal-income, https://taxsummaries.pwc.com/spain/individual/residence, https://sede.agenciatributaria.gob.es/Sede/en_gb/ayuda/manuales-videos-folletos/manuales-practicos/manual-tributacion-no-residentes/regimenes-opcionales/regimen-especial-impatriados.html)