{"id":4371,"date":"2021-11-10T19:56:35","date_gmt":"2021-11-10T18:56:35","guid":{"rendered":"https:\/\/andorrainsiders.com\/?p=4371"},"modified":"2026-04-21T21:59:33","modified_gmt":"2026-04-21T19:59:33","slug":"piso-andorra-comprar-alquilar-precios","status":"publish","type":"post","link":"https:\/\/andorrainsiders.com\/en\/housing-andorra-buy-rent-property\/","title":{"rendered":"Apartment in Andorra: rent, prices and requirements"},"content":{"rendered":"

An article about housing could not be missing in an information portal about Andorra specialized in establishing people and businesses in the country, and that is why we have written this article. Finding a real estate that suits one's preferences is essential to live in Andorra<\/a><\/strong>, either for purchase or rent and to use as a home or as a commercial premises for a business. In these cases the most common is an apartment or flat in Andorra<\/strong> to reside<\/a> permanently in the country.<\/p>\n\n\n\n

We usually say that the most expensive things to settle down creating a company<\/a> in Andorra are on the one hand the share of the social Security<\/a> and on the other hand the rental of the home<\/strong> (since as we remember, there is no self-employed legal figure or category<\/a>). In the first case we are talking about approx. \u20ac500 per month and the second case is the one we are going to address here. We will focus on the floors because they are the vast majority<\/strong> of the Andorra real estate park (more than 90%<\/a>) and the type of housing that most people demand.<\/p>\n\n\n\n

Price of flats in Andorra: rent and purchase<\/h2>\n\n\n\n

As we will see below, Housing prices in Andorra have skyrocketed since 2020 and now exceed those of most Spanish cities.<\/strong>The average purchase price of an apartment is around \u20ac4,400\/m\u00b2 (actual transactions in 2024), while new rental agreements are renting for around \u20ac2,500-\u20ac2,800\/month. Strong population growth, a structural housing shortage, and the attraction of high-income residents explain this trend, which shows no signs of slowing down.<\/p>\n\n\n\n

Price of flats to buy in Andorra<\/h3>\n\n\n\n

To approximate the purchase prices of real estate properties in Andorra we can refer to multiple sources<\/strong>The most reliable is the Andorran Statistics Department<\/a>, which first published official transaction data in 2024. According to the latest available data, the average price per square meter of flats in Andorra<\/strong> It is located in ~\u20ac4,169-\u20ac4,440\/m\u00b2 in 2024<\/strong> (real transactions), an increase of 16-23% compared to 2023. The annual report of the Association of Real Estate Agents (AGIA)<\/a> sets the average price for 2024 at a record high of \u20ac4,373\/m\u00b2<\/strong> for all types (+6.5% annually; +81.5% in five years).<\/p>\n\n\n\n

According to government data, we have that the average price per square meter of flats in Andorra<\/strong> It was \u20ac3,599.30 in 2023, 10.2% more than in 2022 with \u20ac3,266.41. With respect to median single family home price<\/strong>, was \u20ac2,429.08 in 2023 compared to \u20ac2,561.86 in 2022, which represents a surprising decrease of 5.2%. They also offer us data broken down by parishes<\/a>, resulting in the following table of average apartment prices<\/strong> according to homes sold in recent years:<\/p>\n\n\n\n

Parish, price in \u20ac \/ m2<\/strong><\/td>Year 2020<\/strong><\/td>Year 2021<\/strong><\/td>Year 2022<\/strong><\/td>Year 2023<\/strong><\/td>Variation (%)<\/strong><\/td><\/tr>
Canillo<\/td>2.375,0 \u20ac<\/td>2.515,55 \u20ac<\/td>2.530,63 \u20ac<\/td>3.238,84 \u20ac<\/td>27,9%<\/td><\/tr>
Encamp<\/td>2.110,0 \u20ac<\/td>2.322,01 \u20ac<\/td>2.931,43 \u20ac<\/td>2.803,75 \u20ac<\/td>– 4,3%<\/td><\/tr>
Ordino<\/td>2.255,3 \u20ac<\/td>2.839,69 \u20ac<\/td>2.625,98 \u20ac<\/td>3.043,02 \u20ac<\/td>15,8%<\/td><\/tr>
La Massana<\/td>2.419,8 \u20ac<\/td>2.737,59 \u20ac<\/td>3.082,37 \u20ac<\/td>3.227,59 \u20ac<\/td>4,7%<\/td><\/tr>
Andorra la Vella<\/td>2.867,6 \u20ac<\/td>3.367,28 \u20ac<\/td>3.641,37 \u20ac<\/td>3.612,76 \u20ac<\/td>-0,8%<\/td><\/tr>
Sant Julia de L\u00f2ria<\/td>2.181,3 \u20ac<\/td>2.310,13 \u20ac<\/td>2.456,86 \u20ac<\/td>2.938,43 \u20ac<\/td>19,6%<\/td><\/tr>
Escaldes-Engordany<\/td>3.160,4 \u20ac<\/td>3.203,74 \u20ac<\/td>4.713,37 \u20ac<\/td>5.149,65 \u20ac<\/td>9,2%<\/td><\/tr>
Average price flat Andorra<\/em><\/td>2.520,4 \u20ac<\/em><\/td>2.775,12<\/em> \u20ac<\/td>3.266,41 \u20ac<\/td>3.599,30 \u20ac<\/td>10,2%<\/td><\/tr><\/tbody><\/table>
Price of flat-type housing in Andorra by parish, in euros per square meter<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

The variation is obviously that of 2023 with respect to 2022. We can have this same information in a more visual way with the graphs that the statistics platform also offers. For example, here we can see the evolution of the price of flats per m2 broken down by parish over the years<\/strong> from 2017 to 2023:<\/p>\n\n\n

\n
\"Price
Price of apartments in Andorra per square meter and by parishes, 2017-2023<\/figcaption><\/figure>\n<\/div>\n\n\n

As we can see, although all prices follow an upward path, vehemently highlights the increase in parish<\/a> from Escaldes-Engordany<\/strong>. And the price on this one went from \u20ac3,203.73 in 2021 to the impressive figure of \u20ac4,713.37, an increase from the 47% in a single year, what an outrage. This is mainly due to the construction of skyscrapers (like the one in La Torre<\/a>) in this parish, which have increased the average price per square meter of apartment and housing greatly.<\/p>\n\n\n\n

For the rest, in the other parishes prices have increased by an average of \u20ac1,000 per square meter, with Canillo being the parish that has suffered the least increase. Right now the trend continues to be very bullish due to the growing number of people who have settled in the country especially after the trend set by El Rubius<\/a> and other things. Here we can see quarterly the evolution of the price of flats in general throughout the country<\/strong>:<\/p>\n\n\n

\n
\"\"
Housing: average price of apartments in Andorra. Evolution 2017-2023<\/figcaption><\/figure>\n<\/div>\n\n\n

As we see, it follows a very clear upward trend since 2017<\/strong>, although obviously at the beginning of the last decade prices were higher than now.<\/p>\n\n\n\n

It should be noted that there are other sources from which to get the data. For instance, is from Habitaclia<\/a> in which the calculation is made on advertisements for non-single-family homes published in habitaclia.com<\/a> in geographical areas with a sample of more than 50 ads and that reflects some home purchase prices in Andorra that have risen from around \u20ac4,100\/m2 at the beginning of 2022 to almost \u20ac4,500\/m2<\/strong> at the end of 2022 and the beginning of 2023. In any case, these data are from the advertisements published by Habitaclia, which are only part of the fleet of Andorran properties and usually the most expensive.<\/p>\n\n\n\n

Other sources to use can be this of Hogaria.net<\/a>, although the data does not seem very reliable and it does not show how it has been extracted, although we assume that it has been done through the publication of ads. Be that as it may, What is certain is that indeed the prices of flats and houses in general in Andorra have increased a lot in recent years.<\/strong>.<\/p>\n\n\n\n

Finally, note that home purchase price is a recurring theme<\/strong> in the country, as we have seen in numerous press articles and notes such as east of La Valira<\/a>, this other<\/a>, or also east of El Peri\u00f2dic<\/a> Y this other<\/a> or in Andorra Diffused<\/a> and even in the Diari d'Andorra<\/a>. In fact, the Association of Real Estate Agents of Andorra (AGIA), posts on his blog posts with some concern<\/a>. The Government itself has currently restricted the requirements to settle in the country precisely for this reason and with the aim of reducing prices and rentals of flats.<\/p>\n\n\n\n

Rental price in Andorra<\/h3>\n\n\n\n

The vast majority of people in Andorra live on rent<\/strong>. According to statistics department data<\/a>, between 60% and 70% of people live in the country renting an apartment or other home. Therefore it is obvious that this question is the most important. To find out about renting flats and housing in Andorra, we should refer to the Household Budget Survey<\/a>, in this case from 2021 which is the last available.<\/p>\n\n\n\n

According to these files we can find very interesting data. For example, the average occupation time of a dwelling is 12.4 years and the majority of dwellings are occupied between 10 and 19 years. Also that the bulk of rental homes are concentrated between 2 and 9 years of rent and between 50 and 124 square meters, with an average of 80 m2.<\/p>\n\n\n\n

Regarding rental prices, the following table shows the evolution of average rental price in Andorra<\/strong> according to the Household Budget Survey up to 2021. Since then, prices have increased very sharply: according to the SICAR<\/a> (Sistema d’Indicadors de Contractes d’Arrendament, registro oficial de contratos), el precio real de los contratos activos es de \u20ac18.19\/m\u00b2<\/strong> on average, while real estate portals show \u20ac27.56\/m\u00b2<\/strong> for new listings. Regarding the monthly amount, The average market price in Q4 2024 was \u20ac2,832\/month<\/a> (median: \u20ac2,550). This data corresponds approximately to rental price of an apartment for a single person<\/strong>.<\/p>\n\n\n\n

Year<\/strong><\/td>2015<\/td>2016<\/td>2017<\/td>2018<\/td>2019<\/td>2020<\/td>2021<\/td><\/tr>
Half price<\/strong><\/td>581 \u20ac<\/td>578 \u20ac<\/td>579 \u20ac<\/td>603 \u20ac<\/td>621 \u20ac<\/td>632 \u20ac<\/td>671 \u20ac<\/td><\/tr><\/tbody><\/table>
Average rental price in Andorra<\/figcaption><\/figure>\n\n\n
\n
\"Average
Average price of a one-person rental in Andorra, 2010-2021<\/figcaption><\/figure>\n<\/div>\n\n\n

However, these average prices do not take into account the size of the rented home, which is very relevant in order to get an idea of the costs of renting in the country. In this sense, the most remarkable and visual graph of the study relates the prices according to the size of the house considered and taking the years from 2017 to 2021<\/strong> as we show below. Therefore, the rental prices by size of the property would be as follows:<\/p>\n\n\n\n

Size<\/strong><\/td>0-49 m2<\/td>50-74 m2<\/td>75-99 m2<\/td>100-124 m2<\/td>125-149 m2<\/td>> 150 m2<\/td><\/tr>
Price<\/strong><\/td>472,0 \u20ac<\/td>581,0 \u20ac<\/td>659,9 \u20ac<\/td>774,1 \u20ac<\/td>985,1 \u20ac<\/td>1.287,4 \u20ac<\/td><\/tr><\/tbody><\/table>
Rental prices by size of home in Andorra, 2021<\/figcaption><\/figure>\n\n\n
\n
\"\"
Rental price by size of home, Andorra 2017-2021<\/figcaption><\/figure>\n<\/div>\n\n\n

Another way to measure rental prices is measured per square meter of rented housing. In this sense, we also have a very instructive table that relates the price per square meter according to the rental years<\/strong> for the different years considered:<\/p>\n\n\n\n

Rental time \/ Year<\/strong><\/td>2017<\/strong><\/td>2018<\/strong><\/td>2019<\/strong><\/td>2020<\/strong><\/td>2021<\/strong><\/td><\/tr>
Less than 1 year<\/td>7,7 \u20ac<\/td>9,4 \u20ac<\/td>9,5 \u20ac<\/td>9,6 \u20ac<\/td>10,2 \u20ac<\/td><\/tr>
1 year<\/td>8,2 \u20ac<\/td>8,8 \u20ac<\/td>9,3 \u20ac<\/td>9,7 \u20ac<\/td>9,6 \u20ac<\/td><\/tr>
2 to 4 years<\/td>7,2 \u20ac<\/td>7,6 \u20ac<\/td>8,0 \u20ac<\/td>8,4 \u20ac<\/td>9,1 \u20ac<\/td><\/tr>
5 to 9 years<\/td>6,9 \u20ac<\/td>7,1 \u20ac<\/td>7,3 \u20ac<\/td>7,5 \u20ac<\/td>8,0 \u20ac<\/td><\/tr>
10 to 19 years<\/td>7,0 \u20ac<\/td>7,3 \u20ac<\/td>7,4 \u20ac<\/td>7,4 \u20ac<\/td>7,8 \u20ac<\/td><\/tr>
20 years or older<\/td>5,3 \u20ac<\/td>5,7 \u20ac<\/td>5,7 \u20ac<\/td>5,7 \u20ac<\/td>6,7 \u20ac<\/td><\/tr>
total mean<\/strong><\/td>6,9 \u20ac<\/strong><\/td>7,3 \u20ac<\/strong><\/td>7,5 \u20ac<\/strong><\/td>7,6 \u20ac<\/strong><\/td>8,3 \u20ac<\/strong><\/td><\/tr><\/tbody><\/table>
Rental price per square meter according to rental years, 2015-2019<\/figcaption><\/figure>\n\n\n\n

As we can see, again, a marked growth especially in the lower brackets (ie, in the newest rentals, less than 1 year old)<\/strong>We also see that rental prices are lower the longer one has been renting and that they tend to decrease for new contracts as the years go by. SICAR data for 2025 confirms this trend: The average price of the most recent contracts (signed since 2023) is \u20ac13\/m\u00b2<\/strong>, compared to \u20ac7.80\/m\u00b2 for contracts older than 5 years. The cumulative increase since 2017 is +116%<\/strong>, with a +19.2% in the last three years alone.<\/p>\n\n\n\n

In any case, the truth is that It is a very controversial and current issue in Andorra<\/strong>, as we can see in is Government press release<\/a>, too in this article of the Diari d'Andorra<\/a> or in this of Andorra Diffused<\/a>, where we can also read that household expenses account for approximately 34% of average family spending in Andorra.<\/p>\n\n\n\n

Requirements to buy a flat or home in Andorra<\/h2>\n\n\n\n

First of all we would like to emphasize that no need to be resident in Andorra<\/a> to buy an Andorran real estate<\/strong>. Any person of legal age can do it as long as they have a clean criminal record and can prove it with their proper certificate. Nor does it have any repercussions on prices or taxes, rates and expenses that must be undertaken, only in the case of leasing it, the tax treatment of the returns is different. therefore can invest in Andorra<\/a> buying a home without any impediment.<\/p>\n\n\n\n

Yes indeed, it is essential to have an Andorran bank account<\/strong>, since payments must be made within the Principality and constitutes proof of the legal origin of the funds contributed by virtue of the regulations against money laundering.<\/p>\n\n\n

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\"invest<\/figure>\n<\/div>\n\n\n

Andorran Government authorization<\/h3>\n\n\n\n

The Andorran government provides an authorization called Authorization of Foreign Investment in Real Estate<\/em> which gives the right to invest in an Andorran real estate. This authorization It must be requested by natural persons who do not have residence or nationality in Andorra and legal entities domiciled abroad<\/strong> and it is obtained within a period of approximately 15 days.<\/p>\n\n\n\n

This investment authorization it is the previous step to be able to invest in the country<\/strong> and allows you to invest in any of the seven parishes of the Principality<\/a> and in any type of real estate: flats and apartments, chalets and semi-detached houses, car parks, commercial premises, land...<\/p>\n\n\n\n

Steps to acquire a property<\/h3>\n\n\n\n

The purchase process, once the authorization is approved, lasts about a month and a half to two months<\/strong>. It is a four-stage process to formalize the acquisition that we summarize below:<\/p>\n\n\n\n

    \n
  1. Signature of the reservation contract<\/strong> of the real estate, between buyer and seller. The buyer pays a deposit of the 10% that validates the purchase option. It is a non-refundable deposit that acts as a purchase signal and prevents the buyer from backing out for no reasonable reason. The seller removes the property from the market for a specified period of time.<\/li>\n\n\n\n
  2. Preparation and management of the deed of sale<\/strong>. Activation of the sale process by an Andorran notary, drafting of the contract and preparation for signing the deed.<\/li>\n\n\n\n
  3. Signature of the deed of sale <\/strong>by both parties, in the presence of the notary. The buyer pays the remaining balance and takes possession of the real estate. The name is changed in the property deeds.<\/li>\n\n\n\n
  4. Deed deposit<\/strong> of sale by the notary. The seller, for his part, usually must deliver the Certificate of Habitability of the property to the buyer, issued by a registered architect, which ensures the vital conditions of the home.<\/li>\n\n\n\n
  5. Tax payment<\/strong> and municipal taxes.<\/li>\n<\/ol>\n\n\n\n

    In any case, it is best to go to a specialized advice<\/strong> to carry out all the formalities with the bank, the government, the agency \/ owner and the notary. At Andorra Insiders, for example, we can help you optimize your time and money in strict compliance with the law and carry out the procedure efficiently, clearly and professionally.<\/p>\n\n\n\n

    Notary fees to make the purchase<\/h3>\n\n\n\n

    Usually the costs in notary fees are approximately 0.1% of property value<\/strong> immersed in the operation, plus a fixed amount between \u20ac 500 and \u20ac 1,500 approximately<\/strong> according to the value of the property purchased. The buyer is responsible for paying these notarial expenses and the corresponding taxes through a bank account in an Andorran bank.<\/p>\n\n\n\n

    In addition to these, if the procedure is carried out through a real estate agency, the fees that they apply should be taken into account.<\/p>\n\n\n\n

    Real estate tax on the sale<\/h2>\n\n\n\n

    Taxes on home purchases<\/h3>\n\n\n\n

    Transfers of all kinds of real estate as well as the constitution and transfer of real rights over real estate are subject to tax in Andorra from Property transfer tax (ITP)<\/strong>. Thus, when a house, a flat or dwelling or other property is purchased, the buyer is liable for this tax.<\/p>\n\n\n\n

    The rate to be applied and paid is the one corresponding to the 4% of the real certified value of the property, divided into a 1% for the central administration of the Government of Andorra and a 3% for the local council or Com\u00fa<\/strong>. The section of the Com\u00fa is chosen by the comuns themselves between 0.5% and 3%, but in practice all have the maximum section. The exemptions apply to operations with kinship, marriage, public entities, corporate relations or donations to non-profit organizations, among others. Also if the property is going to be used to rent a minimum of 5 years and some more.<\/p>\n\n\n\n

    We recommend, again, going to a tax consultancy to study the case and see how to proceed.<\/p>\n\n\n\n

    Taxes on the sale of a property<\/h3>\n\n\n\n

    The sale of a property, unlike what happens in other countries, is not subject to capital gains from taxes on capital or on savings, or by the Andorran personal income tax savings base. The capital gains obtained from the sale of a home or other property in Andorra are subject to a specific tax<\/strong> for this, called Tax on Capital Gains on Real Estate Asset Transmissions.<\/p>\n\n\n\n

    This capital gains tax that is revealed in the transfer of assets, onerous or lucrative "inter vivos", of all kinds of real estate, as well as in the constitution or transfer of real rights over real estate. The rate to apply varies between 0% and 15% depending on the years the property has been owned<\/strong> before proceeding to its sale. Thus, a home that has been owned for less than one year will be taxed at 15% and if it has been owned for more than 10 years, it will be taxed at 0%.<\/p>\n\n\n\n

    In any case, this tax is also more complicated and has its peculiarities. From exemptions and discounts to corrections with coefficients, ways to calculate the tax rate and withholdings. That is why we again urge you to seek professional advice.<\/p>\n\n\n\n

    Municipal taxes<\/h3>\n\n\n\n

    Although there is no IBI in Andorra, there are certain communal taxes on owners of real estate, depending on the parish that applies them, the square meters of the property, its state of construction or the location, among others. These can be three:<\/p>\n\n\n\n