Leaving the port of Ibiza town to the island of Formentera. Only half an hour with this fast ferry from the company Balearia. The distance is about 20 km . Ibiza is a Spanish island in the Mediterranean Sea off the eastern coast of the Iberian Peninsula. It is a top holiday destination for tourist . Formentera the smallest balearic island is during the summer time a very popular tourist destination and also a must for the the very luxury yachts sailing the mediterrenean.