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Welcome to our Andorra property section.
If you are considering real estate in Andorra – especially if you are considering
Andorra residency – we recommend visiting a company who have been helping
people successfully with Andorra residency for over 30 years http://www.propertyandorra.com
Property in Andorra is more expensive than the neighboring French and Spanish
regions of the Pyrenees as there is an extra stream of buyers in addition to
the domestic and overseas buying markets.
Due to Andorra’s tax haven status, with similar tax benefits to Monaco,
the third stream of property buyers which pushes Andorra real estate higher
is those who are looking for residency, and to benefit from the zero per cent
income and inheritance taxes.
For those looking for a ski property, the most popular areas are Soldeu and
El Tarter. But Ordino and La Massana which are only a few minutes away from
the skiing are also popular and can represent better value for money.
The ski season runs from December to April and property owners are often
able to get good occupancy levels when not using their apartment or chalet
personally.
Rental yields are often viewed as disappointing by potential owners, at
between four and five per cent, but this is tax free and property price
inflation is often around the ten per cent level, often making Andorra
good for investment.
Mortgages of up to sixty per cent of a property’s value (this can rise
to eighty per cent for those with a good financial history) are readily
available from the banks in Andorra. Terms are normally over fifteen years,
payable by the sixtieth birthday (a 45 year old for example will be able
to get the full fifteen years, a 48 year old 12 years, 52 year old 8 years,
etc).
Typical Andorra Property For Sale
Apartments
El Tarter. 41m2 + 6m2 terrace. One bedroom apartment of recent
construction, ideal for holiday letting. Consisting of reception,
dining/living room with fireplace and access to the balcony, open plan
kitchen, double bedroom with built in wardrobes and bathroom. The price
includes a parking space and ski locker.208,000 Euros
Arinsal. 88m2. Well kept penthouse 2 bedroom 2 bathroom apartment,
situated in a quiet area with close access to Arinsal/Pal ski station.
Views down the valley and good sun exposure. Parquet throughout.
Accommodation: Entrance hall with built in wardrobes, large
sitting/dining room with open fireplace and 6m2 terrace, equipped kitchen,
2 double bedrooms with built in wardrobes, full bathroom, shower room,
parking and ski locker. 252,700 Euros
Anyos. 91m2. Well presented, bright and spacious 2 bedroom 2 bathroom
apartment, situated in the village of Anyos and a short distance from the
sports centre. Entrance hall leading to pleasant sitting/dining room with
large fireplace and access to terrace, separate kitchen also leading onto
second terrace, double bedroom with fitted and lined wardrobes and access
to second terrace, shower room, master bedroom with en suite bathroom and
dressing area. Both bathrooms are equipped with under floor electric
heating. Also includes a parking space and a ski locker. 316,000 Euros
Chalets
Pal in the parish of La Massana. Completely refurbished 5 bedroom,
3 bathroom family home situated in a quiet location. 360m2 living area.
High quality finishes include electric blinds, heated ramp to garage, etc.
The property enjoys plenty of sun and great views. Ground floor:
Large entrance hallway, cloakroom, spacious fitted kitchen with dining
area and access to terrace, sitting room with fireplace and access to
terrace/garden, large utility cupboard and access to 2 car garage below.
First floor: 4 large double bedrooms (2 with en suite bathrooms),
and a further bathroom. Staircase leading up to large bedroom in the
eaves with dressing area. 840,000 Euros
El Serrat, Ordino. 312m2. Exceptional brand new chalet in a commanding
position with south views down the Ordino valley. 312m2 living area plus
69m2 garage area. Located within five minutes of the projected cable car
to Arcalis ski station. The top two floors are of imported Finnish solid
timber. Large living/dining room with wood burning stove and large
balcony, guest cloakroom, fitted kitchen, 4 bedrooms, 3 bathrooms, 4
car garage, recreation area and large basement which can be used for
laundy, sauna and gymnasium etc. Plot of 767m2. 975,000 Euros
La Massana. 450m2. Unfurnished luxury chalet in quiet location close to
the village of Anyos. Quality finish and attention to detail result in a
spacious, light and comfortable home. Accommodation: Reception hall,
inner hall, lounge, library, dining room, kitchen/breakfast room, larder,
office, cloakroom, balcony, garage, workshop, boiler room, laundry room,
cellar, basement cloakroom, master bedroom with en suite bathroom and
dressing room, guest bedroom with en suite bathroom, 3rd bedroom, 2 double
bedrooms, single bedroom, loft and garden. 1,650,000 Euros
Viewing property in Andorra
Viewing is generally accepted by Andorra estate agents as being Monday
to Friday, and Saturday to mid-day. It makes little sense to plan to
visit Andorra for a weekend if your primary reason for visiting is for
property.
Most public holidays are also non viewing days.
If you are visiting Andorra for skiing or snowboarding and staying in El
Tarter or Soldeu, remember that many estate agents are based in the
capital la Vella, and it can take an hour each way for them to visit you.
Most estate agents get a fair share of skiiers who think it is a good idea
to spend an afternoon viewing properties with little if any intention of
buying.
If you are visiting to ski but are genuinely interested in property make
clear to the agents that you are serious, and establish a time and meeting
place before setting off for Andorra, and they will then take you
seriously and organise viewings for you.
If you are visiting Andorra with a view to possibly applying for
residency, communicate with the estate agents (who will also advise
and help with residency applications) communicate before arriving in
Andorra and they will organise bank appointments and schedule time for
discussions about a possible application in advance, as well as organising
property viewings, making your visit efficient.
To request current details of property for sale in Andorra visit
http://www.propertyandorra.com
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