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The Oasis guitarist bought the property from Tubular Bells star Mike Oldfield in 1999, but is reportedly sick of hearing Blunt talk about the island in interviews.
A source told The Sun: “Noel has been going to Ibiza every summer for years. But he wants to find a new holiday destination.
“He’s fed up of hearing James Blunt bang on about Ibiza like he owns the place. It’s taken the charm out of it for him so he’s put his villa up for sale.
“It’s very close to Blunt’s place, and he says he can’t stand the thought of Blunt writing cr*p tunes up the road.”
Blunt purchased a villa on the island in 2006 and his recent single ‘1973′ was inspired by local nightclub Pacha.
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