Real Estate in Andorra
Last updated on Mar 12, 2023
Summary: An expat looking to buy a home in Andorra should begin by researching the local real estate market and contacting a local real estate agent. Expats should also consider their budget and desired location when searching for a home. Homes in Andorra typically include modern amenities such as central heating, air conditioning, and internet access. Many homes also have balconies or terraces with views of the mountains. Foreigners are allowed to purchase property in Andorra, but they must obtain a special permit from the government. This permit is only granted to those who can prove that they have sufficient financial resources to purchase a property.
How do I find a place to live in Andorra?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"The best way to find a place to live in Andorra is to start by researching online. There are a variety of websites that list available properties for rent or sale in Andorra, such as Idealista, Andorra Sotheby's International Realty, and Andorra Real Estate. Additionally, you can contact a local real estate agent who can help you find the perfect place to live. Additionally, you can also look for rental listings in local newspapers and online classifieds. Once you have identified a few potential properties, you can arrange to visit them in person to get a better feel for the area and the property," explained one person living in Andorra.
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What is a typical expat home or apartment like in Andorra?
"Expat homes and apartments in Andorra tend to be modern and comfortable, with plenty of natural light and stunning views of the surrounding mountains. Many properties come with balconies or terraces, allowing residents to enjoy the fresh mountain air and take in the beautiful scenery. Expat homes and apartments are usually well-equipped with all the necessary amenities, such as high-speed internet, cable TV, and modern appliances. Additionally, many properties come with access to communal facilities such as swimming pools, gyms, and saunas," said one person in Andorra.
What is the average cost of housing in Andorra?
If you are thinking about moving to Andorra, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Andorra is generally higher than in other European countries, with prices ranging from moderately expensive to very expensive depending on the location and type of property. On average, a one-bedroom apartment in the capital city of Andorra la Vella can cost anywhere from €1,000 to €2,000 per month, while a three-bedroom apartment can cost up to €3,000 per month. Prices for larger properties, such as villas, can be significantly higher," said one person in Andorra.
Should I buy or rent a home in Andorra?
If you have not spent a lot of time in Andorra, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"When deciding whether to buy or rent a home in Andorra, it is important to consider your lifestyle, budget, and long-term plans. Buying a home in Andorra can be a great investment, as the country has a stable economy and real estate market. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Andorra can be a more affordable option, and it can also provide more flexibility if you are not sure how long you will be living in the country. Ultimately, the decision to buy or rent a home in Andorra should be based on your individual needs and preferences," said one expat who made the move to Andorra.
What do I need to know when buying property in Andorra?
When we asked expats what advice they would give a foreigner before buying a property in Andorra, they said:
"1. Andorra has an affordable cost of living, so it's a great place to buy property. 2. Before you buy a property in Andorra you need to be aware of the taxation laws in the country. 3. You will also need to get a valid residency permit in order to purchase a property in Andorra. 4. It's important to inspect the property you are planning to purchase, as the standards of construction in Andorra vary greatly. 5. You should research the local area to ensure you are buying in a safe neighbourhood. 6. You need to make sure the property meets all the legal requirements of Andorra to avoid any complications or problems in the future. 7. Lastly, it is essential to use a qualified real estate agent to ensure that the purchasing process is smooth and secure," explained one foreigner living in Andorra.
Are foreigners allowed to own property in Andorra?
When we asked expats what advice they would give a foreigner before buying a property in Andorra, they said...
"Yes, foreigners are allowed to own property in Andorra. The country has a liberal property ownership policy that allows non-residents to purchase and own real estate in the country. Foreigners are also allowed to purchase land and build on it, as long as they obtain the necessary permits from the local government. Additionally, foreigners can also purchase existing properties, such as apartments, villas, and chalets. However, they must obtain a special permit from the government in order to do so," said one person in Andorra.
What appliances are typically included in a rental?
We asked foreigners in Andorra what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Andorra typically include an oven, refrigerator, dishwasher, microwave, washer and dryer, and other large kitchen appliances, such as cooktops and stovetops. Depending on the property, some may also include a small vacuum, ironing board, and laundry detergent. Furniture is usually not included," said one expat in Andorra.
Additional Information about Searching for a Home in Andorra:
We asked foreigners in Andorra what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Andorra by looking online for real estate listings, contacting local real estate agents, and searching for rental properties on websites such as Airbnb. Additionally, expats can look for housing options in local newspapers and magazines, or ask friends and family who may have connections in the area," explained one expat in Andorra.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Other Questions:
- How do I meet people in Andorra?
- What is life like as an expat in your area?
- Is there a lot of crime in Andorra?
- What do I need to know before retiring in Andorra?
- Is there a lot of diversity? Are people in Andorra accepting of differences?
- What are the schools in Andorra like?
- Is the cost of living in Andorra high?
- What advice do you have for expats having a baby in Andorra?
- What are healthcare services like in Andorra?
- Is the cost of living in Andorra high?
- What type of recreational facilities are in Andorra?
- What is the weather like in Andorra?
- Are there good restaurants in Andorra?
- Where will I buy groceries and do other shopping in Andorra?
- What are the visa & residency requirements in Andorra?
- Are healthcare and health insurance expensive in Andorra?
- What do I need to know when buying property in Andorra?
- Are foreigners allowed to own property in Andorra?
- What appliances are typically included in a rental?