The 1987 Balearic regional election was held on Wednesday, 10 June 1987, to elect the 2nd Parliament of the autonomous community of the Balearic Islands. All 59 seats in the Parliament were up for election. The election was held simultaneously with regional elections in twelve other autonomous communities and local elections all throughout Spain, as well as the 1987 European Parliament election.

Ibiza is a Spanish island in the Mediterranean Sea off the eastern coast of the Iberian Peninsula. It is 150 kilometres from the city of Valencia. It is the third largest of the Balearic Islands in area, but the second-largest by population. Its largest settlements are Ibiza Town, Santa Eulària des Riu, and Sant Antoni de Portmany. Its highest point, called Sa Talaiassa, is 475 metres above sea level.