Real Estate in Andorra: Buying, Renting, Investing – The Guide
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The short answer
Andorran real estate is characterised by a small territory, sustained demand and specific rules for non-residents. This guide explains how to buy, rent or invest, by parish, with prices that distinguish asking prices from transactions.
The three entry points
- Buy: the full process, costs, non-residents. See buying.
- Rent: procedures, guarantees, tight market. See renting.
- Invest: yield, risks, regulation. See investing.
A narrow market
Andorra has seven parishes and a mountainous territory: available land is limited. This supports prices but also reduces liquidity. Differences between parishes are strong: town centre, ski resorts, residential valleys. See which parish to choose.
Listings
Browse the listings by parish, type of property and budget. Reference prices are published in the observatory.
Before buying or renting
Housing, residency status and the bank are linked. A lease or a title deed may be requested for a residency application, and a purchase goes through an Andorran bank account. Start with the settling-in guide to put your steps in order.
Market benchmarks
Average transaction price of an apartment: 4,569.70 €/m²verified on 09/10/2026 per m² (Q2 2026), 0.2 %verified on 09/10/2026 over one year. For a non-resident: a cap of one single-family dwelling or two apartments (or studios) with their outbuildings, and a maximum of six parking spacesverified on 09/10/2026 and a tax of 6 %verified on 09/10/2026 on the first property. On resale: exemption after 10 yearsverified on 09/10/2026 for a resident, 10 %verified on 09/10/2026 for a non-resident after two years.
Where to start
| Your project | Page |
|---|---|
| Buying | Buying |
| Renting | Renting |
| Investing | Investing |
| Selling | Selling |
| Choosing an area | Parishes |
| Following prices | Observatory |
The tools put figures on your case: costs simulator, capital gain, yield.
Buying an apartment in Andorra: the full process, step by step
Buying in Andorra follows a nine-step process, from setting the budget to handing over the keys. Non-residents must also obtain prior authorisation. Costs and taxes are detailed on a dedicated page, with dated values.
ReadInvesting in Andorran Real Estate: Yield, Risks and Rules
Investing in Andorra can target long-term letting, seasonal letting in a resort or long-term appreciation. The yield depends on the purchase price, costs, the rules applying to non-residents and the taxation of rent and capital gains.
ReadRenting a Home in Andorra: Market, Procedures and Guarantees
The Andorran rental market is tight: few properties, strong demand, selective landlords. Prepare a solid application, allow for delays and read the lease, the deposit and the split of charges carefully.
ReadWhich parish to choose in Andorra? Comparing the seven parishes
Andorra has seven parishes with very different profiles: urban and commercial in the centre, ski resorts in the north and east, residential valleys and the southern border. The best choice depends on your work, your family and your relationship with the mountains.
ReadProperty prices in Andorra: by parish, advertised and transaction
Prices advertised by sellers are higher than the prices at which properties actually sell. To judge a market, you need to distinguish the two and compare by parish, type of property and period, relying on dated sources.
ReadSelling property in Andorra: the complete seller's guide
Selling in Andorra follows a precise path: estimate the price, choose a mandate, sign a preliminary contract, pay capital gains tax as an advance, then sign the deed at the notary. Your status (resident or not) and the length of ownership determine your tax.
Read
Frequently asked questions
Can I buy property in Andorra without living there?
Non-residents can buy under conditions and, as a general rule, after prior authorisation. The conditions and caps change: see our dedicated guide and have it checked by a professional.
Is it better to rent or buy on arrival?
Many newcomers rent first to discover the parishes before buying. The rental market is nevertheless tight: allow time and a solid application file.
Are advertised prices the real sale prices?
Not exactly. Asking prices reflect sellers' demands, transaction prices what was actually paid. Our observatory distinguishes between them.
Where can I find listings?
In the listings section of this site, fed by our partner agency. We recommend comparing with other agencies.
Is the Andorran property market rising?
The average transaction price of apartments has changed little over a year: see the observatory.
Can a non-resident sell with an exempt capital gain?
No: they pay a fixed rate after two years, with no reduction by length of ownership.
Going further
Official sources
This information is general and is not personalised legal, tax or financial advice. It is verified as of the date shown and may change.