If you’re planning your holiday to Ibiza, you may be surprised to uncover the many hidden gems this well-known party island has to offer (beyond the nightclubs). An island of great contrasts with a focus on the senses; you can dance from dusk ‘til dawn or escape to the blissful peace of yoga retreats.
The currency in Ibiza is the Euro (EUR) and you won’t be short of things to treat yourself to. From world-famous nightclubs to glorious beaches and boat trips, flea markets selling everything from fashion to thrift, a thriving art scene and historical Ibiza Old Town with its renaissance architecture, this is an island which will keep you coming back for more.
Of course, it’s no secret that a holiday to Ibiza can be a pretty expensive trip if you want it to be. But we’re here to give you all the tools so you can do it on a budget if necessary! So, if you want to know how much Ibiza spending money you need, then keep reading…
Ibiza On A Budget
First off, we’ll help you with all our tips and tricks on how to make the most of your holiday to Ibiza, without worrying about overspending and going way over budget.
Food for Fuel
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If you haven’t opted for an All Inclusive hotel, then you’ll be on the hunt for places to eat before a day in the sunshine or an evening out on the town. Ibiza is home to lots of delicious restaurants, plenty of which attract a pretty big crowd. Many of these spots are well recognised places by confident Ibiza travellers, but they aren’t always the cheapest option when it comes to food choices. One of our top tips is to find a lovely local restaurant that’s potentially a little bit out of the way compared to other tourist hotspots. You can check on sites like TripAdvisor to ensure the food is worth making a visit, but quieter, family run restaurants tend to be cheaper than spots that are likely to get plenty of footfall and attract lots of visitors.
One of our favourite spots to grab a delicious meal at a reasonable price is Pha Thu Thai in Santa Eulalia. This tasty Thai spot serves up a wide variety of dishes, and even caters for dietary requirements including Vegetarian, Vegan and Gluten Free. The menu is quite diverse, so there’s plenty of options for you to choose from. Whether you love spice or prefer something on the mild side, we’re sure you’ll find the perfect dish to enjoy. And what’s even better is that the prices are super affordable. Starting at €9.95 for a delicious pad thai, it’ll be more reasonable than a takeaway back at home! The restaurant even has a Menu Of The Day which offers you a starter, main dessert and drink for €15! What a bargain.
Drinking and Dancing
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One of the main attractions when going to Ibiza is the nightlife and it comes at no surprise that drinks can get super expensive, especially when heading to one of the well known beach clubs or super clubs. But there are ways you can still enjoy these experiences on a budget.
Our first tip would be to make the most of pre drinks at your hotel before you go out. There are plenty of small shops and supermarkets across the island where you’ll be able to stock up on your favourite tipple so you can enjoy a drink while you’re getting ready to go out. A 70cl bottle of Smirnoff Vodka will cost around €11 if you grab one from a local shop, which is a huge difference compared to €20 for one vodka mixer! If you prefer drinking beers, local beers like San Miguel and Estrella will be the best way to save money as these are Spanish brands so won’t have import fees covered by higher prices in shops!
At the beach clubs and nightclubs, it’s going to be a little more difficult to save the pennies as prices are quite high, so besides pre drinking, our number one way to get the most for your money is to chip in with your friends and buy drinks packages. Depending on where you’re going, the price of drinks packages will vary but they all offer the same sort of thing – if you get a certain number of drinks, you’ll save some money as essentially one or more drinks become free. When you pay for a bed in beach clubs like O Beach Ibiza, this also includes a minimum spend price which is used against your drinks total. Split between your friends who share your bed, this could mean you can get some great savings! When booking a bed, your entry price into the beach clubs is also included, so this’ll save you some money on ticket prices too, so you can put your Ibiza spending money to better use!
Go All Out In Ibiza
If you’re visiting Ibiza for a special occasion and want to treat yourself a little bit more than usual, there’s definitely ways to enjoy the finer things in life, but you’ll need to make sure your Ibiza spending money can keep up!
First Class Feasts
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There are so many restaurants dotted around the island of Ibiza that specialise in making your experience there one you’ll never forget. Of course, these do come at a higher price tag than most, but go on, treat yourself, you deserve it! One of our favourite ways to hunt out the best rated and most popular fancy restaurants is to scout Instagram and see where your favourite celebs and influencers are visiting. If you’re still unsure, TripAdvisor is always a great tool to help you find somewhere to eat and it often has categories for luxury restaurants so you can be sure it’s the special experience you’re looking for.
There are so many places to choose from, all serving different cuisines, but a star spot has to be Chi Kee Wun. This place oozes luxury and the whole place has great vibes and fantastic decor which makes for great Instagram pictures! Chi Kee Wun describes itself as a Chinese Fusion Dining Experience and the decor definitely got the memo, it’s a beautiful oriental secret garden. The restaurant also prides itself on having fantastic cocktails which have been designed to complement Chi Kee Wun’s modern style of Chinese dining. Here you can enjoy dishes like Roasted Traditional Crispy Duck served with pancakes, spring onions & cucumber, which will set you back €25. You can also get your hands on Yangtze Sizzling Beef for €30! Although these prices are on the higher end of the scale, they still won’t break the bank, so even a luxury holiday to Ibiza doesn’t have to be eye wateringly expensive!
Dance The Night Away
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If you’re not on a budget in Ibiza then you can cram in as many beach clubs and nightclubs as you can possibly fit in during your stay. Daytimes filled with sipping cocktails in a cabana being served delicious small plates by waiters, with music playing in the background. Then after a quick outfit change, heading straight to a world-class superclub and grabbing a table or booth with your closest friends…sounds ahhhmazing!
There are plenty of top class beach clubs that give off a classy vibe for daytime antics including Cotton Beach Club. This place exudes class and luxury, with cotton white decor being the main theme of the club. The beach club restaurant serves Mediterranean/Metro cuisine and sushi à la carte as well as an aperitivo style buffet. It also boasts one of Ibiza’s most extensive wine and cocktail lists, so we definitely recommend you making your way through that. You can make a reservation online for up to 8 guests, and reservations cost €50 per person. The pre-payment will be deducted from the final bill on the day. Here, a tomato and burrata salad will set you back €28, and for an extra €10 you can add extra caviar! Drinks wise, there’s a long list of Cotton Signatures which are specially crafted cocktails like a Fresh Apple Martini or Banana Berry Colada, all priced at €19.
After a day of lounging in the sun, if you want to continue your evening in style, our top recommendation would be Pacha. Although this club needs no introduction, let us give you the low down on this iconic spot. This club first opened its doors in 1973 and has been an iconic part of Ibiza’s party scene ever since. In its more than 50 years of hosting a fantastic nighttime party scene, Pacha has welcomed a whole host of famous DJs including David Guetta, Solomun and Marco Carola. For the ultimate Pacha experience, booking a VIP table is the way forward! Prices can vary depending on which artists are performing that evening, and where you choose in the VIP area, but booking a table or booth is a sure way to have a comfortable and luxurious experience. Once at your table, you can also request bottle service of your favourite tipple. Options are dependent on the number of people in your party but prices start from around €300.
Ready To Party The Ibizan Way?
Whether you’ve got a tight or endless budget, there’s plenty of ways to make the most of your Ibiza spending money. Looking for the perfect place to stay during your trip? Check out these gorgeous hotels.
*Prices correct at the time blog was published and are subject to availability.
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