The Balearic Islands are a Spanish archipelago near the western Mediterranean coast of the Iberian Peninsula. The four largest islands are Mallorca, Menorca, Ibiza and Formentera. Within the Balearics, Ibiza, Formentera, and Espalmador are known as the Pitiusas, or Pine Islands. The Pitiusas are famed for their abundant, year-round sunshine, wonderful beaches, rich cultural heritage, and warm hospitality. This combination attracts visitors throughout the year, from all over the world. Each of the Pitiusas offers something different: High-profile Ibiza, a world heritage site with a bright future, is known for its idyllic beaches, picturesque villages, first class hotels and restaurants, and the best nightclubs in the world. Boasting an intoxicating mix of glamour, fun, and beauty, Ibiza is now the place to be. A firm favourite with a-list celebrities, it is simply unique, with an upmarket, global reputation that goes from strength to strength. Ibiza now attracts increasing numbers of high net worth individuals looking for spectacular homes. Espalmador is the most spectacular of them all. More low key and laid back, but no less attractive, is Formentera, a paradise of white sandy beaches and azure waters, offering a relaxed lifestyle with plenty of discretion and privacy. Despite its low profile, Formentera also has some fantastic beach clubs. Espalmador lies in the municipality of Formentera, just four miles south of Ibiza, and 150 metres north of Formentera. The island has an exotic history of pirates and conquests by various cultures dating back to the 13th century, but has been in private hands since the 17th century. Around this time King Philip II of Spain gave the original owners, an illustrious family from Valencia, large estates in Formentera, including Espalmador. Espalmador was bought by the grandfather of the present owners in the late 1920s, and has belonged to four generations of the same family ever since. In the past the island was a self-sufficient farm, and even produced its own wine. It is now for sale for only the second time in history. Given its location, unique character, and natural beauty, Espalmador has to be one of the most coveted private islands in the world.* There are currently two houses on the island, plus a chapel, a watchtower, and additional outbuildings. The houses are all built on private land, but the watchtower lies on public land, due to Spain's coastal law, which also affects other parts of the island. S'Alga The main house is called s'Alga, with a south-facing orientation on the waterfront looking over the bay of Espalmador. This would have been one of the most important houses in the Pitiusas when it was first built in the 1930s. It is now a listed building, and one of the finest examples of the traditional architecture of the region, with considerable historic and cultural value. With a total size of around 469 square metres, s'Alga has 13 bedrooms and 9 bathrooms. There is a comfortable living room, dining area, various store rooms, and a kitchen with traditional bread oven and water cistern. S'Alga has a charming terrace overlooking the bay. There is a chapel within the compound, to the left of the entrance. The Second House Also a listed building, the second house is situated on a slight elevation overlooking the island's natural mud baths. It comprises 4 bedrooms and 1 bathroom, with a total area of around 183 square metres. There is a living room, dining room and kitchen. The Second House has an outside porch, plus approximately 69 square metres of outbuildings, and a brine water well. Both houses would benefit from a full refurbishment. The island also has its own watchtower, known as both Torre de s'Espalmador and Sa Guardiola Tower. The tower was built on the island's highest point between 1749 and 1750, making it one of the oldest in the region. The best beach on Espalmador is on the west side of the island, in front of the main house. Known as both Platja de s'Alga and Es RacoÂ´ de s'Alga, its crescent shape creates a natural bay with a shallow, warm, and crystal clear sea, a fine whitesand beach, and a sloping sandy seabed teaming with fish. Amazing sunsets can be enjoyed from this beach. The beach stretches roughly 1, 000 metres in length, and ends in sand dunes, after which comes the pass leading to Formentera. Behind the beach is a natural mud lagoon surrounded by salt flats, and shrubland full of La Sabina trees. The whole area is a nature reserve, and the island is home to a unique type of lizard. To the north-west of the island are the coves of Cala de Bocs and the Sa Torreta beach, which is also rates as one of Espalmador's famous beaches. Espalmador is privately owned, but the beach and sand dunes are public land, attracting some visitors in the summer. It is also possible for a limited number of yachts to anchor in the bay of Espalmador, with a system of pre-booked anchor points. Considering its location just off Ibiza, the beaches of Espalmador are remarkably private. This sense of privacy, coupled with the island's stunning beauty, attract celebrity visitors year after year. Over the last 80 years the guests invited to stay at the house have included generations of Europe's royalty, aristocracy and celebrities. Â Â *The beach and seafront are public land, in accordance with Spain's Coastal Law.